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Break Through Trading

  • #441
  • Feb 7, 2025 4:01am Feb 7, 2025 4:01am
Quoting Startsmall
Everyday your thread provides with knowledge and inspiration! A Steady breeze of air through everydays turbulence!

Hi Startsmall,

GOLD 5M Chart

Glad you are finding some benefit.

Here is an update on GOLD
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  • #442
  • Feb 7, 2025 4:06am Feb 7, 2025 4:06am
Quoting stevepatt
{quote} Hi Startsmall, GOLD 5M Chart Glad you are finding some benefit. Here is an update on GOLD {image}
GOLD

From a 1Min. Perspective
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  • #443
  • Feb 7, 2025 4:42am Feb 7, 2025 4:42am
Quoting stevepatt
{quote} GOLD From a 1Min. Perspective {image}
GOLD
Patience is Key to Trading Effectively
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  • #444
  • Feb 7, 2025 4:51am Feb 7, 2025 4:51am
Quoting stevepatt
{quote} GOLD Patience is Key to Trading Effectively {image}
GOLD

Why am I Still Waiting?
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  • #445
  • Feb 7, 2025 5:39am Feb 7, 2025 5:39am
Quoting stevepatt
{quote} GOLD Why am I Still Waiting? {image}
GOLD 5M Chart

Don't compromise where you want to take Trades from
of course with it being NFP today Price might be Reluctant to deliver
Attached Image (click to enlarge)
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  • #446
  • Feb 7, 2025 8:13am Feb 7, 2025 8:13am
Quoting stevepatt
{quote} GOLD 5M Chart Don't compromise where you want to take Trades from of course with it being NFP today Price might be Reluctant to deliver {image}
GOLD
I have just Uploaded the Video of the Short Trade I took onto my YouTube channel.

Inserted Video


I have learned over Time it is best to wait for Price to come to my Zone of Interest even if it means sometimes Trades going without me.
It means a Smaller Stop Loss and far Less Drawdown going into a Trade.
  • #447
  • Feb 10, 2025 1:57am Feb 10, 2025 1:57am
GOLD
Attached Image (click to enlarge)
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  • #448
  • Feb 10, 2025 2:08am Feb 10, 2025 2:08am
Quoting stevepatt
GOLD {image}
GOLD
Attached Image (click to enlarge)
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  • #449
  • Feb 10, 2025 8:01am Feb 10, 2025 8:01am
Quoting stevepatt
{quote} GOLD {image}
GOLD

Waiting for Price Pays
I never want to chase Price and feel forced into taking a Trade at a Level I am not happy with.

Inserted Video
Attached Image (click to enlarge)
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  • #450
  • Feb 10, 2025 8:25am Feb 10, 2025 8:25am
Quoting stevepatt
{quote} GOLD Waiting for Price Pays I never want to chase Price and feel forced into taking a Trade at a Level I am not happy with. https://www.youtube.com/watch?v=73GDzIcjdXY {image}
GOLD

I WON'T be Trading but I am Interested in seeing if we get a Bearish Reaction
Waiting for Price Pays
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  • #451
  • Feb 11, 2025 4:35am Feb 11, 2025 4:35am
GOLD
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  • #452
  • Feb 11, 2025 4:53am Feb 11, 2025 4:53am
Quoting stevepatt
GOLD {image}
GOLD 1 Min. Chart
Attached Image (click to enlarge)
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  • #453
  • Feb 11, 2025 7:39am Feb 11, 2025 7:39am
Quoting stevepatt
GOLD {image}
GOLD
I was WAITING for Price to Fill a GAP Price didn't want to do that so I missed a Trade.
I have learned it is better to miss a Trade than to jump in Early and Lose a Trade.
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  • #454
  • Feb 11, 2025 10:50am Feb 11, 2025 10:50am
Quoting stevepatt
{quote} GOLD I was WAITING for Price to Fill a GAP Price didn't want to do that so I missed a Trade. I have learned it is better to miss a Trade than to jump in Early and Lose a Trade. {image} {image}
GOLD
This is what I was WAITING for earlier
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  • #455
  • Feb 14, 2025 12:55am Feb 14, 2025 12:55am
GOLD
Waiting for Frankfurt to Open
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  • #456
  • Feb 14, 2025 1:17am Feb 14, 2025 1:17am
Quoting stevepatt
GOLD Waiting for Frankfurt to Open {image}
GOLD
My Entry Long is Crap
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  • #457
  • Feb 14, 2025 4:06am Feb 14, 2025 4:06am
Quoting stevepatt
{quote} GOLD My Entry Long is Crap {image}
How many of you keep Track of your Trades by Journaling?
After a Winning or Losing Day, I write what went well and not so well
I take Screen Shots
I keep Track of my Live Trades by Entering all the details into an Excel Spreadsheet and I Track what the Data from this tells me
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  • #458
  • Feb 14, 2025 4:22am Feb 14, 2025 4:22am
GOLD
Price might have other ideas but I set my Criteria and WAIT
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  • #459
  • Feb 14, 2025 5:27am Feb 14, 2025 5:27am
Quoting stevepatt
{quote} How many of you keep Track of your Trades by Journaling? After a Winning or Losing Day, I write what went well and not so well I take Screen Shots I keep Track of my Live Trades by Entering all the details into an Excel Spreadsheet and I Track what the Data from this tells me {image}
I am doing it but problem in constancy. Restarted this week. When journaling the profitable period.
I take also every candle close printscreen of chart and marking down, what I see, what plan to do on next candle close.

But #1 reducing BE trades, it it up to you or market ?

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I might be wrong , I have been wrong before
  • #460
  • Edited 6:40am Feb 14, 2025 5:38am | Edited 6:40am
Quoting Mandariin
{quote} I am doing it but the problem in constancy. Restarted this week. When journaling the profitable period. I also take every candle close printscreen of the chart and mark down, what I see, and what plan to do on the next candle close. But #1 reducing BE trades, it it up to you or market ? {image}
Hi Mandarin,
I Reduced the amount of BE+ Trades, I was taking, by Improving my Entry Criteria.
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