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  • #3,321
  • Jun 8, 2025 8:07pm Jun 8, 2025 8:07pm
UJ Long.
Not sure how it will go as public holidays everywhere.
Attached Image (click to enlarge)
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Your trade order needs to be in the right place at the right time.
  • #3,322
  • Jun 8, 2025 8:24pm Jun 8, 2025 8:24pm
Quoting emmanuel7788
{quote} RECENCY BIAS is something traders must take note of and can do a lot of damage when we are day trading here. One trading coach once said: "Do not be married to your trading bias. When the market show that you are wrong do the turnaround" EURAUD as of Jun 06 New York 5pm Close - plan for the usual day trade with +5R to +7.5R, - what IF the market shows that your day trade has potential to run more than 3 times your plan and you can make +15R to 30R, - as traders we must know if there is potential to day trade to swing trade to position trade...

EA Jun 09 Tokyo 10am

- market open GAP up

- H4 'covers' the GAP with pull-back on completion

- also breaking last Friday' low

Attached Image (click to enlarge)
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> I would prefer if this H4 close a bearish pull-back candle.
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #3,323
  • Jun 8, 2025 9:03pm Jun 8, 2025 9:03pm
My first attempt ...

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  • #3,324
  • Jun 8, 2025 9:26pm Jun 8, 2025 9:26pm
Quoting Trade.Time
My first attempt ... {image}
My Exact trade. I took entry on 2nd rejection candle as well
Same result. BE
Did not expect much from it. Mondays are always hard work.
Your trade order needs to be in the right place at the right time.
  • #3,325
  • Jun 8, 2025 10:17pm Jun 8, 2025 10:17pm
Yes, Mondays aren't always good.
I had a 5 pip stoploss and a 35 pip profit target which was a bit below a recent high.
  • #3,326
  • Jun 8, 2025 10:22pm Jun 8, 2025 10:22pm
just a view but not easy to see it coming.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #3,327
  • Jun 8, 2025 10:39pm Jun 8, 2025 10:39pm
Quoting Inthebox
just a view but not easy to see it coming. {image} {image}
Thanks for posting.
No excuses from me, I was thinking about a short but did not act on it.
Next time
Your trade order needs to be in the right place at the right time.
  • #3,328
  • Jun 8, 2025 11:45pm Jun 8, 2025 11:45pm
Quoting Islandfx911
{quote} Thanks for posting. No excuses from me, I was thinking about a short but did not act on it. Next time
Be prepared for big moves any time from this week until next Tuesday Jun 17.

BoJ Governor Ueda will act as the 2nd Q. GDP is expected this month-end.

June 17 interest rate will support JPY.

We are technical traders.

Attached Image (click to enlarge)
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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #3,329
  • Jun 9, 2025 12:49am Jun 9, 2025 12:49am
I accept the challenge.
I will mainly focus on EU, GU, UJ and GER40 pairs. I think that is enough for me.
Since today France and Germany have bank holiday, I will look into GU for the London open.
4H line broken with impulse move. Price also broke W and D line, which are not shown at the chart.
Will watch what the price does in the next hour and see on the smaller TF if I see a good setup.
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  • #3,330
  • Jun 9, 2025 1:16am Jun 9, 2025 1:16am
Quoting RoomyMusicia
I accept the challenge. I will mainly focus on EU, GU, UJ and GER40 pairs. I think that is enough for me. Since today France and Germany have bank holiday, I will look into GU for the London open. 4H line broken with impulse move. Price also broke W and D line, which are not shown at the chart. Will watch what the price does in the next hour and see on the smaller TF if I see a good setup. {image} {image}
Good to hear
Your trade order needs to be in the right place at the right time.
  • #3,331
  • Edited 4:09am Jun 9, 2025 3:39am | Edited 4:09am
Quoting RoomyMusicia
I accept the challenge. I will mainly focus on EU, GU, UJ and GER40 pairs. I think that is enough for me. Since today France and Germany have bank holiday, I will look into GU for the London open. 4H line broken with impulse move. Price also broke W and D line, which are not shown at the chart. Will watch what the price does in the next hour and see on the smaller TF if I see a good setup. {image} {image}
Price did a nice pullback to 30m zone. Couldn't enter, because I have some issues with the broker. Anyway, let's see, if it still goes my way.
SL 7pip
TP1 1:2.4 (at first near 4H and W support)
TP2 1:7.5 (at last week high)

UPDATE: TP1 hit
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  • #3,332
  • Jun 9, 2025 3:48am Jun 9, 2025 3:48am
The market is unpredictable, and the upward trend of AU has further expanded. When observing AU's opening in Tokyo, the 1-hour candle closed above the monthly-level line, while the Frankfurt opening closed above the weekly support line. Therefore, I chose to go long at the Frankfurt opening.
EA continues to move downward, and the market keeps jumping up and down – I can't understand this market trend.
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  • #3,333
  • Jun 9, 2025 3:51am Jun 9, 2025 3:51am
Price moved up before market open and then did a pullback on the 30 min eurusd , entred long but hit my sl before going to my direction
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  • #3,334
  • Edited 4:51am Jun 9, 2025 4:39am | Edited 4:51am
AU 30m Setup.
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15m Setup
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I was not in these trades but they were great setups
Your trade order needs to be in the right place at the right time.
  • #3,335
  • Jun 9, 2025 4:42am Jun 9, 2025 4:42am
Hi everyone!
I’ve been reading through this thread over the past two weeks quite thoroughly, and I love the simplicity of the approach. Its exactly what Ive been looking for as a new trader.
I’m currently on page 60 but I will ofc read it all. I have been practicing trading for about two months now, mainly focusing on the break-and-retest strategy — which Ive found to be quite similar to what's being shared here. It suits me perfectly, since I’m not a big fan of using indicators.
A big thank you to Islandfx911 for generously sharing this method, and also tomentors like emmanuel7788, Inthebox, and others who take the time to answer questions with detailed explanations. Really appreciate your input!
I plan to start posting charts once Ive practiced a bit more on my own. In the meantime, Id love some advice..Ive gathered a long list of trading pairs from the thread, but i feel like there is simply to many for me as a beginner and its a bit overwhelming.
I was thinking of narrowing it down to 4 pairs per market session to start with. I understand that this is highly individual and I might be overanalyzing it, but I really want to give myself the best possible start. So what 4 pairs would you chose in each session if you had to narrow it down?
Thanks again for such a great and supportive thread!
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  • #3,336
  • Jun 9, 2025 4:59am Jun 9, 2025 4:59am
Quoting AymanGMI
Price moved up before market open and then did a pullback on the 30 min eurusd , entred long but hit my sl before going to my direction {image}
If you are entering at the right time with the right setup accept the loss.
There will be plenty of trade setups.
Your trade order needs to be in the right place at the right time.
  • #3,337
  • Jun 9, 2025 5:01am Jun 9, 2025 5:01am
Quoting AymanGMI
Price moved up before market open and then did a pullback on the 30 min eurusd , entred long but hit my sl before going to my direction {image}
This is not a good setup. I would not trade it.
Your trade order needs to be in the right place at the right time.
  • #3,338
  • Jun 9, 2025 5:06am Jun 9, 2025 5:06am
Updating EA support and resistance daily chart.
The proposed path is not guaranteed just my observation.
Em will likely expand on this.
Attached Image (click to enlarge)
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Your trade order needs to be in the right place at the right time.
  • #3,339
  • Jun 9, 2025 5:09am Jun 9, 2025 5:09am
Quoting Islandfx911
AU 30m 设置。{image} 15m 设置 {image} 我没有参与这些交易，但它们是很棒的设置
Do you also choose to trade during the Tokyo opening?
  • #3,340
  • Jun 9, 2025 5:42am Jun 9, 2025 5:42am
Quoting wangwang
{quote} Do you also choose to trade during the Tokyo opening?
My trading times are in the thread. I really don't want to discuss this as it has been covered so many times.
Your trade order needs to be in the right place at the right time.
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