{quote} audusd
AU Apr29 Tokyo 9am
- Sydney 2Hr High Low range ? pips
* We have Tokyo market holiday,
and Aussie data tomorrow,
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #3,041
- Apr 28, 2025 5:46pm Apr 28, 2025 5:46pm
- Joined Nov 2008 | Status: Trader | 50,234 Posts
AU Apr29 Tokyo 9am
- Sydney 2Hr High Low range ? pips
* We have Tokyo market holiday,
and Aussie data tomorrow,
...
- #3,042
- Apr 28, 2025 7:11pm Apr 28, 2025 7:11pm
- Joined Nov 2008 | Status: Trader | 50,234 Posts
{quote} Trading without Indicators AU Apr29 Tokyo 9am - Sydney 2Hr High Low range ? pips {image} * We have Tokyo market holiday, and Aussie data tomorrow, {image}
...
AU Apr29 M30 UPDATE Tokyo 11am
- is this the first impulse 'wave' ?
- be patient wait for the setup.
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #3,043
- Apr 28, 2025 10:02pm Apr 28, 2025 10:02pm
- Joined Nov 2008 | Status: Trader | 50,234 Posts
{quote} AU Apr29 M30 UPDATE Tokyo 11am - is this the first impulse 'wave' ? - be patient wait for the setup. {image}
... {image}
- such a great move and the pull-back
- Weekly WCC High 06439 played well
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
A question regarding trade management - any hard and set rules? In today example I halved my position for a small loss after 2 long bottom wicks post entry ( indicated with arrow on photo screenshot bellow ) and set the other half of position to brakeeven after 1:1 RR. I'm still devided between thinking is this ok money management or am I just being 'scared money'
I had exact setup and lost. Just wondering if someone experienced could tell this sell was correct according to rules or not. Did check M, W, D, it all looked like we could get retracement to 1.33670.
I figure it's all part of the 'you win some you lose some' nature of the game, just might and try and learn something from it while we at it
- #3,047
- Apr 29, 2025 1:42am Apr 29, 2025 1:42am
- Joined Nov 2012 | Status: Naked Chart Samurai | 3,480 Posts
Success = Practice + Patience + Persistence
- #3,048
- Apr 29, 2025 2:00am Apr 29, 2025 2:00am
- Joined Nov 2008 | Status: Trader | 50,234 Posts
GU Apr 29 London 10am
- after yesterday strong bullish Day, not so easy to find a setup with small SL -1R
- unless you trade the 4Hr Price Action movements
- perhaps look at other pairs would be the solution today
...
- after yesterday strong bullish Day, not so easy to find a setup with small SL -1R
- unless you trade the 4Hr Price Action movements
- perhaps look at other pairs would be the solution today
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #3,049
- Apr 29, 2025 2:46am Apr 29, 2025 2:46am
- Joined Nov 2008 | Status: Trader | 50,234 Posts
GU Apr 29 London 10am - after yesterday strong bullish Day, not so easy to find a setup with small SL -1R - unless you trade the 4Hr Price Action movements {image} - perhaps look at other pairs would be the solution today ...
GU Apr29 London 10am 4HR
- considering the previous 4Hr SnR,
- will this pullback candle work?
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #3,050
- Apr 29, 2025 5:20am Apr 29, 2025 5:20am
- Joined Nov 2008 | Status: Trader | 50,234 Posts
A question regarding trade management - any hard and set rules? In today example I halved my position for a small loss after 2 long bottom wicks post entry ( indicated with arrow on photo screenshot bellow ) and set the other half of position to brakeeven after 1:1 RR. I'm still devided between thinking is this ok money management or am I just being 'scared money' {image}
" We do not trade the markets, we trade our beliefs about the markets"
He also said this about How to Maximize Profits:
"To maximize profits we must be prepared to give back to the market 50% of what the market gave us"
Trade Exit Management today' GU sell trade example:
- when the market moved +4R,
- protect +2R and fight for the +8R
- let the market decide later ... after New York 9:30am
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
A little venting aside - are there any environments you noticed that are more prone to erratic moves like this which should be noted when evaluating a setup? For example, in hindsight, the LTF 30m<= was a wickfest, perhaps should have considered it a yellow flag and pay more attention to the leading bars to the setup
- #3,053
- Apr 29, 2025 5:50pm Apr 29, 2025 5:50pm
- Joined Nov 2008 | Status: Trader | 50,234 Posts
Aussie CPI data release today
- be prepared for price volatility
I am looking at the Daily zone for possible setup and trades,
...
- be prepared for price volatility
I am looking at the Daily zone for possible setup and trades,
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #3,055
- Apr 30, 2025 4:10am Apr 30, 2025 4:10am
- Joined Nov 2008 | Status: Trader | 50,234 Posts
{quote} Great call
That was a nice pull-back candle when that M30 closed,
CPI data moved that to BRN 6400
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #3,056
- Apr 30, 2025 6:15pm Apr 30, 2025 6:15pm
- Joined Nov 2008 | Status: Trader | 50,234 Posts
AU Apr30 REVIEW:
as the saying "hindsight is 20/20", however, we can learn from hindsight too and look into the future for trade setups at key SnR.
- what did you missed ?
- there was no clean rejection m30 candle,
BUT,
- what do the four m30 candles price action show ?
- the TIMING of the 1Hr close ...
...
as the saying "hindsight is 20/20", however, we can learn from hindsight too and look into the future for trade setups at key SnR.
- what did you missed ?
- there was no clean rejection m30 candle,
BUT,
- what do the four m30 candles price action show ?
- the TIMING of the 1Hr close ...
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #3,057
- Apr 30, 2025 10:15pm Apr 30, 2025 10:15pm
- Joined Nov 2008 | Status: Trader | 50,234 Posts
With European markets closed,
> will the Daily SnR levels be tested?
EU May01 London 6am
...
> will the Daily SnR levels be tested?
EU May01 London 6am
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #3,058
- May 1, 2025 2:46am May 1, 2025 2:46am
- Joined Nov 2008 | Status: Trader | 50,234 Posts
With European markets closed, {image} > will the Daily SnR levels be tested? EU May01 London 6am {image} ...
EU May01 London 9am session open
- nothing interesting at the BRN 11300
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
