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  • #541
  • Apr 24, 2025 1:12am Apr 24, 2025 1:12am
EUR/USD Long Trade @ 1.13357

EUR/USD moves at a far more leisurely pace
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  • #542
  • Apr 24, 2025 1:29am Apr 24, 2025 1:29am
Quoting stevepatt
EUR/USD Long Trade @ 1.13357 EUR/USD moves at a far more leisurely pace {image} {image}
EUR/USD
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  • #543
  • Apr 24, 2025 2:15am Apr 24, 2025 2:15am
Nice you are trading eurusd also ... keep in mind we are at a critical level (can be see at yearly timeframe), so some crazy movements are around the corner.
Keep up the good work.
Perfection is the enemy of good enough!
  • #544
  • Apr 24, 2025 1:45pm Apr 24, 2025 1:45pm
Quoting stevepatt
EUR/USD Long Trade @ 1.13357 EUR/USD moves at a far more leisurely pace {image} {image}
EUR/USD Long Trade Target Hit +40 Pips 1:4 Risk:Reward

If I can continue making 1:4 R:R or better....
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  • #545
  • Apr 25, 2025 12:22am Apr 25, 2025 12:22am
Quoting stevepatt
{quote} EUR/USD Long Trade Target Hit +40 Pips 1:4 Risk:Reward If I can continue making 1:4 R:R or better.... {image} {image} {image}
EUR/USD M15 Observations
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  • #546
  • Apr 25, 2025 12:59am Apr 25, 2025 12:59am
Quoting stevepatt
{quote} EUR/USD M15 Observations {image} {image}
As Retail Traders we can choose were we want to get Involved with the Market.
I know it is obvious but there is far more Value going Short from the Top of the Trading Range rather than getting drawn in because Price starts to move in your direction.
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  • #547
  • Edited 7:29am Apr 25, 2025 7:18am | Edited 7:29am
Quoting stevepatt
{quote} As Retail Traders we can choose were we want to get Involved with the Market. I know it is obvious but there is far more Value going Short from the Top of the Trading Range rather than getting drawn in because Price starts to move in your direction. {image}
Hi, Steve
Although this is a personal preference, don't you think the down movement before the pull back and your entry point is too deep? Personally I prefer relatively shallow movement as directional 'energy' is still strong. What do you think?

In the picture below, I prefer the scenario B. It should also agree with major MAs (in my case 50 and 200 EMA).
Attached Image (click to enlarge)
Click to Enlarge Name: EUR_USD Mini_20250425_06.46.png Size: 40 KB


For example, the following is my trade today. It ended up as a quick scalp but from my experience, I think this is a high provability trade. Price movement is something like an energy flow....
Attached Image (click to enlarge)
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Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #548
  • Apr 25, 2025 8:06am Apr 25, 2025 8:06am
Quoting heispark
{quote} Hi, Steve Although this is a personal preference, don't you think the down movement before the pull back and your entry point is too deep? Personally I prefer relatively shallow movement as directional 'energy' is still strong. What do you think? In the picture below, I prefer the scenario B. It should also agree with major MAs (in my case 50 and 200 EMA). {image} For example, the following is my trade today. It ended up as a quick scalp but from my experience, I think this is a high provability trade. Price movement is something...
It may work but personally I don't like this setup as I explained.....
Attached Image (click to enlarge)
Click to Enlarge Name: 2025-04-25 22-04-50.jpg Size: 2.4 MB
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #549
  • Apr 25, 2025 10:38am Apr 25, 2025 10:38am
Quoting heispark
{quote} Hi, Steve Although this is a personal preference, don't you think the down movement before the pull back and your entry point is too deep? Personally I prefer relatively shallow movement as directional 'energy' is still strong. What do you think? In the picture below, I prefer the scenario B. It should also agree with major MAs (in my case 50 and 200 EMA). {image} For example, the following is my trade today. It ended up as a quick scalp but from my experience, I think this is a high provability trade. Price movement is something...
Hi Justin,
Good to hear from you
You are right it comes down to Personal Preference.
Personally I don't mind Deep Drop in Price as long as it is Inefficient
Far better though to get a continuous Pullback to Point of Interest
By the time I was going Short Price was starting to uild a ullish ias (M15)
Attached Image (click to enlarge)
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  • #550
  • Apr 27, 2025 1:56am Apr 27, 2025 1:56am
Quoting stevepatt
{quote} Hi Justin, Good to hear from you You are right it comes down to Personal Preference. Personally I don't mind Deep Drop in Price as long as it is Inefficient Far better though to get a continuous Pullback to Point of Interest By the time I was going Short Price was starting to uild a ullish ias (M15) {image}
EUR/USD
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  • #551
  • Apr 27, 2025 3:21am Apr 27, 2025 3:21am
Euro is in a long consolidation phase that I am focus now on H4. As said we are at a strange point here. See history back. I anticipate nowadays only trades based on that phases if it come in clue with the level happen is something historical.
Perfection is the enemy of good enough!
  • #552
  • Apr 27, 2025 5:22am Apr 27, 2025 5:22am
Quoting MichaelSch
Euro is in a long consolidation phase that I am focus now on H4. As said we are at a strange point here. See history back. I anticipate nowadays only trades based on that phases if it come in clue with the level happen is something historical.
Hi Michael,
Good to hear from you.
Trading all comes down to the Scale of Price we are looking at.
Personally I don't look much beyond the the Time Frame I am Trading.
I have tried to incorperate Higher Time Frame Analysis into my Trading but I found it confused my Decision making.
A Period of Consolidation on a Higher Time Frame can be Opportunities to Trade both ways on the Lower Time Frames.
It looks like we are Trading at different Scales
The 3 Charts below show the Monthly Daily and 15M Time Frames the only real difference is Time and Scale
Price is Price is Price no matter the Time Frame
It would e interesting to see your perspective on this
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  • #553
  • Apr 27, 2025 8:18am Apr 27, 2025 8:18am
Steve, just curious why you have moved from gold to EUR.....?
If volatility matters, you can easily adjust your leverage I guess.....
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #554
  • Apr 27, 2025 9:19am Apr 27, 2025 9:19am
Quoting heispark
Steve, just curious why you have moved from gold to EUR.....? If volatility matters, you can easily adjust your leverage I guess.....
Hi Justin,

The main reason is because I have improved my Risk to Reward I am using a 10 Pip Stop with a 40 Pip Target when Trading EUR/USD
I think I will e able to increase this with some Practice I will see how things go moving forward
With GOLD I was only able to get 1:2 Risk:Reward
  • #555
  • Apr 27, 2025 10:03am Apr 27, 2025 10:03am
Quoting stevepatt
{quote} Hi Justin, The main reason is because I have improved my Risk to Reward I am using a 10 Pip Stop with a 40 Pip Target when Trading EUR/USD I think I will e able to increase this with some Practice I will see how things go moving forward With GOLD I was only able to get 1:2 Risk:Reward
That means EUR has better momentum than Gold at lease for now I guess... Otherwise, it's difficult to understand how EUR can yield better RR compared to Gold. However, it can change anytime. As far as I know EURUSD is known as a very slow asset with low ADR for several years.
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #556
  • Apr 27, 2025 12:21pm Apr 27, 2025 12:21pm
Quoting heispark
{quote} That means EUR has better momentum than Gold at lease for now I guess... Otherwise, it's difficult to understand how EUR can yield better RR compared to Gold. However, it can change anytime. As far as I know EURUSD is known as a very slow asset with low ADR for several years.
Hi Justin,
Check out the New Video

Inserted Video
  • #557
  • Apr 28, 2025 10:52am Apr 28, 2025 10:52am
Quoting stevepatt
{quote} Hi Justin, Check out the New Video https://www.youtube.com/watch?v=FOIQPyqiOr0
EUR/USD
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  • #558
  • Apr 28, 2025 12:44pm Apr 28, 2025 12:44pm
Quoting stevepatt
{quote} Hi Michael, Good to hear from you. Trading all comes down to the Scale of Price we are looking at. Personally I don't look much beyond the the Time Frame I am Trading. I have tried to incorperate Higher Time Frame Analysis into my Trading but I found it confused my Decision making. A Period of Consolidation on a Higher Time Frame can be Opportunities to Trade both ways on the Lower Time Frames. It looks like we are Trading at different Scales The 3 Charts below show the Monthly Daily and 15M Time Frames the only real difference is Time and...
I see what you are share. I go more and more with the "big" money, because they rule the markets and if you tradeagainst it, you often on the wrong side. If your fractal is telling you go that way and without looking what have the big ones in mind, you take more risk only to left behind the birdseye view. At the end the result counts and as you know i read often here. Menas not i am trade same way.

I trade less and let run trades for weeks. More time for family as scalping is time eating much to much. Personal choice i know.
Perfection is the enemy of good enough!
  • #559
  • Apr 30, 2025 12:59am Apr 30, 2025 12:59am
Quoting stevepatt
{quote} EUR/USD {image} {image}
EUR/USD
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Click to Enlarge Name: EUR_USD Mini_20250430_06.51.png Size: 53 KB
  • #560
  • May 2, 2025 10:22am May 2, 2025 10:22am
EUR/USD Short Trade @ 1.13713

Has anyone watched any of these Videos?
https://www.youtube.com/@notjustatrade/videos
Has anyone found them helpful?
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