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sjmr2

  • #1,441
  • Aug 14, 2025 12:37am Aug 14, 2025 12:37am
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  • #1,442
  • Aug 14, 2025 12:43am Aug 14, 2025 12:43am
Quoting senjamerah
{image}
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  • #1,443
  • Aug 14, 2025 1:02am Aug 14, 2025 1:02am
Toke one more breakout and got paid. Gold really weak.
Yes this time stop was bigger, 34 tick. Got 1:1 out of trade.
In the end of move candles are getting bigger.
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I might be wrong , I have been wrong before
  • #1,444
  • Aug 14, 2025 2:11am Aug 14, 2025 2:11am
Breakout long with 22 tick stop.
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Target bit before potential support to resistance level.
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I might be wrong , I have been wrong before
  • #1,445
  • Edited 3:58am Aug 14, 2025 3:23am | Edited 3:58am
Trading breakouts take lot of waiting. New levels to form to breakout from.
After good movement at 2 hours of London open we are stuck in range.
In 2 hours CPI, not sure good setup before it but my plan is following.
Plan is always changing when new structure forms.
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Two last candles opened and low and closed at high.
Decided to enter with 16 tick stop.
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Both setups / trades failed. I have noticed that on Thursdays pre ( 2-3 hours ) red folder news market
likes to CHOP and wait for a news.
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Got stopped out.
I might be wrong , I have been wrong before
  • #1,446
  • Aug 14, 2025 7:22pm Aug 14, 2025 7:22pm
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We must be cautious when trading during periods of low market volatility
  • #1,447
  • Aug 14, 2025 7:54pm Aug 14, 2025 7:54pm
Quoting senjamerah
{image} We must be cautious when trading during periods of low market volatility
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  • #1,448
  • Aug 14, 2025 9:18pm Aug 14, 2025 9:18pm
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It looks like there’s bait there
  • #1,449
  • Aug 14, 2025 9:19pm Aug 14, 2025 9:19pm
When you’ve spent hundreds or perhaps even thousands of hours observing market movements on the 1-minute time frame, you will inevitably begin to notice certain recurring patterns or rhythms in the market's behavior. Some of these movement patterns are very easy to read, and you’ll be able to predict the market direction—at least for the next 3 minutes. I can guarantee this will happen to you, because I’ve experienced it myself.
  • #1,450
  • Aug 14, 2025 11:15pm Aug 14, 2025 11:15pm
GOLD Short Trade @ 3343.79
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  • #1,451
  • Aug 14, 2025 11:21pm Aug 14, 2025 11:21pm
Quoting stevepatt
GOLD Short Trade @ 3343.79 {image}
GOLD Short Trade Result BE+
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  • #1,452
  • Aug 14, 2025 11:34pm Aug 14, 2025 11:34pm
Quoting stevepatt
{quote} GOLD Short Trade Result BE+ {image}
GOLD Observations
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  • #1,453
  • Aug 15, 2025 12:09am Aug 15, 2025 12:09am
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  • #1,454
  • Aug 15, 2025 12:16am Aug 15, 2025 12:16am
Quoting stevepatt
{quote} GOLD Short Trade Result BE+ {image}
What is better optimistic target or "sure thing" closest resistance ( was reached this time ) ?
I might be wrong , I have been wrong before
  • #1,455
  • Aug 15, 2025 12:24am Aug 15, 2025 12:24am
Quoting senjamerah
{image}
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  • #1,456
  • Aug 15, 2025 12:36am Aug 15, 2025 12:36am
Quoting senjamerah
{quote} {image}
What makes number 2 weak ? Candles size or its it more the candle location ?
With eye candles 2,3,5 are same size.
Candles sizes: 1 = 1.38 / 2 = 1.0 / 3 = 1.12 / 4= 1.38 / 5 = 1.07

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I might be wrong , I have been wrong before
  • #1,457
  • Aug 15, 2025 12:47am Aug 15, 2025 12:47am
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SL hit. Enough for today with 7 entries. Don’t forget to donate a portion of the profit to those in need.
  • #1,458
  • Aug 15, 2025 1:05am Aug 15, 2025 1:05am
It was not the best breakout candle for longs but next level above was reached.
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I might be wrong , I have been wrong before
  • #1,459
  • Aug 15, 2025 1:09am Aug 15, 2025 1:09am
Quoting Mandariin
{quote} What makes number 2 weak ? Candles size or its it more the candle location ? With eye candles 2,3,5 are same size. Candles sizes: 1 = 1.38 / 2 = 1.0 / 3 = 1.12 / 4= 1.38 / 5 = 1.07 {image}
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Identifying a high-probability setup requires evaluating several key factors—it should not be based solely on the size of the breakout candle. One important aspect is to closely observe the price action leading up to the breakout. This can provide context and clues about market behavior.
Additionally, assess the strength of nearby resistance/support levels, as these can act as significant barriers to price movement. Recognizing these levels helps in anticipating potential reversals or slowdowns.
It’s important to avoid rushing into trades. Instead, dedicate time to consistent practice and thorough analysis. Developing patience and discipline is essential for long-term trading success.
  • #1,460
  • Aug 15, 2025 1:17am Aug 15, 2025 1:17am
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senjamerah