EURAUD Sell 5R TP
AUDCHF Buy 4R TP
AUDCHF Buy 4R TP
- #2,882
- Apr 3, 2025 7:10pm Apr 3, 2025 7:10pm
- Joined Jun 2015 | Status: Trader | 1,340 Posts
Took this AUDUSD trade due to the change of character happening in the last part of the New York session. Price broke structure on the 30 min timeframe, did a retrace with a rejection candle. When i saw the CHOC I expected that price was about to do a retrace after the big bullish move, so I looked for a rejection candle to enter - I decided to scale in a few times and ended up with a total of 8,4% before I extended the trade. Original trade did 1:4 30 min trade: {image} 1H potential setup: There has also been a CHOC on the 1 hour - so I am looking...
Your trade order needs to be in the right place at the right time.
- #2,884
- Edited 8:56pm Apr 3, 2025 8:21pm | Edited 8:56pm
- Joined Aug 2023 | Status: Trader | 159 Posts
{quote} Excellent work TG
Where I previously also where scared of having small stoplosses - the bigger risk to reward actually takes away that fear - cause if I make it, i'm a hero, and if I don't I properly will next time and then a loss or two does not matter.
I'm in EURAUD right now - came in a little late, so scaled in and total tp will be 6%, currently half way there. TP is short of yesterday's high.
Had a 1% loss on my AUDUSD setup, so instead of trying again - i checked the other pairs and found a much better setup on EURAUD. Kinda think this could be a textbook setup of your strategy?
UPDATE:
6% tp reached after 1,5 hours - 5% total for the day and now I can go to bed.
Thank you again Rob for opening my eyes - I still have a lot to learn - but I feel that I'm on the right path - just need to walk it slowly.
{quote} Thank you - I'm slowly getting the grip of the right approach. Where I previously also where scared of having small stoplosses - the bigger risk to reward actually takes away that fear - cause if I make it, i'm a hero, and if I don't I properly will next time and then a loss or two does not matter. I'm in EURAUD right now - came in a little late, so scaled in and total tp will be 6%, currently half way there. TP is short of yesterday's high. Had a 1% loss on my AUDUSD setup, so instead of trying again - i checked the other pairs and found...
{quote} Nice buy trade. IMHO, the local high has been taken now so the real trade will be to the downside. It’s hard to know too far in advance how far it will continue pushing up so I wouldn’t set the target too far out, 161.8%, is probably the safest target after the 100% being the safest, but the price could push as high as 461.8%. It’s difficult to know too far in advance and just have to take it candle by candle. {image}
The Weekly and monthly have free range to the left and will with a big probability go to the 1.85 area and perhaps even higher - but that's all longterm.
For now I think price will reach my target of cause
, and then retrace new support on the 1 hour that you have highlighted 
{quote} Thanks - I am pretty confident in the setup due to the fact that the pair is crazy bullish. The Weekly and monthly have free range to the left and will with a big probability go to the 1.85 area and perhaps even higher - but that's all longterm. For now I think price will reach my target of cause
- #2,888
- Apr 3, 2025 9:45pm Apr 3, 2025 9:45pm
- Joined Jun 2015 | Status: Trader | 1,340 Posts
{quote} Thank you - I'm slowly getting the grip of the right approach. Where I previously also where scared of having small stoplosses - the bigger risk to reward actually takes away that fear - cause if I make it, i'm a hero, and if I don't I properly will next time and then a loss or two does not matter. I'm in EURAUD right now - came in a little late, so scaled in and total tp will be 6%, currently half way there. TP is short of yesterday's high. Had a 1% loss on my AUDUSD setup, so instead of trying again - i checked the other pairs and found...
The pick of the day. 30m chart. You have the right attitude and you will be rewarded for it. Well done.
Here is the actual trade entry details.
Your trade order needs to be in the right place at the right time.
- #2,889
- Edited Apr 4, 2025 12:56am Apr 3, 2025 10:49pm | Edited Apr 4, 2025 12:56am
- Joined Jun 2015 | Status: Trader | 1,340 Posts
EA at 28R.
The only system on FF where you can easily identify an entry with a small SL and have exceptional results.
I am in this trade at $85.00 a pip. Do the maths.
SL moved up to 7733.
Candle range decreasing. It may have had it's run for the day.
Update: Out of trade at (+300) 30R.
A nice $25k+ day. Work hard and dream big.
The only system on FF where you can easily identify an entry with a small SL and have exceptional results.
I am in this trade at $85.00 a pip. Do the maths.
SL moved up to 7733.
Candle range decreasing. It may have had it's run for the day.
Update: Out of trade at (+300) 30R.
A nice $25k+ day. Work hard and dream big.
Your trade order needs to be in the right place at the right time.
- #2,890
- Apr 3, 2025 10:57pm Apr 3, 2025 10:57pm
EA at 28R. The only system on FF where you can easily identify an entry with a small SL and have exceptional results. {image} I am in this trade at $85.00 a pip. Do the maths.
- #2,891
- Apr 3, 2025 11:45pm Apr 3, 2025 11:45pm
Took this AUDUSD trade due to the change of character happening in the last part of the New York session. Price broke structure on the 30 min timeframe, did a retrace with a rejection candle. When i saw the CHOC I expected that price was about to do a retrace after the big bullish move, so I looked for a rejection candle to enter - I decided to scale in a few times and ended up with a total of 8,4% before I extended the trade. Original trade did 1:4 30 min trade: {image} 1H potential setup: There has also been a CHOC on the 1 hour - so I am looking...
- #2,892
- Apr 4, 2025 12:40am Apr 4, 2025 12:40am
- Joined Jun 2015 | Status: Trader | 1,340 Posts
Your trade order needs to be in the right place at the right time.
- #2,895
- Apr 4, 2025 12:48am Apr 4, 2025 12:48am
- Joined Jun 2015 | Status: Trader | 1,340 Posts
{quote} I don't think I understand Islandfx911's M30 system yet, but looking at the example in your post, the closest current example I could find is GBPCAD M30. It's not picture perfect but seems similar to yours? So break of this line would push price up? {image}
What is it screaming out at you?
Go over the thread again and learn the system 100% and when you are ready to post, go over the thread again until you can trade without question or doubt.
Your trade order needs to be in the right place at the right time.
- #2,896
- Apr 4, 2025 12:51am Apr 4, 2025 12:51am
- Joined Jun 2015 | Status: Trader | 1,340 Posts
Your trade order needs to be in the right place at the right time.
I’m working my way through the posts, starting at post #1, and am hoping I can pose questions as I go through it to try to clarify if there’s any significance, connect the dots, etc. Hope that’s alright?
If yes, I’ve noticed you’re marking such areas. If this is correctly marked, what’s the significance of it as it pertains to your setup?
If yes, I’ve noticed you’re marking such areas. If this is correctly marked, what’s the significance of it as it pertains to your setup?
- #2,900
- Apr 4, 2025 2:32am Apr 4, 2025 2:32am
- Joined Jun 2010 | Status: Trader | 16,699 Posts
ITB - Seeing Orderliness amongst 'Randomness'