Price action trader wanting to turning pro

Hi Matlobien

Haven't been able to post trades , I have been taking the majority of them while I am work. On Friday I traded GBP/JPY waited for a retracement of the news bar to the 50-61% fib level and entered on a 5 min chart which I call my trigger chart. Very good week for me but slow. I like to post my charts to show examples but I can't while I am work. To me there is not a better way to trade than the style we trade

I entered at the 50% level , basically a mini pin in direction of trade off fib level

I went short GBP/JPY 130.21 very nice trade . Based off of 3 hour chart, I got +29 out of move. You will see a huge momentum bar and then a retrace ( forming and IB)

Just took a quick short on EUR/USD , 1.3284 exited at 1.3278 +6 pips. I am at work so I would have gotten in earlier but "it is what it is "

-9 USD/CAD (Long). I love the small losses . I saw a failed pin on 15 min chart but price shot back down . O: 1.0070 C: 1.0061

Today I had B/E day . AUD/USD long +9 pips. NZD/USD -9 .

Sometimes my trading is very slow. I would rather have fewer trades with a better win percentage than be in the market alll the time losing and chasing trades. We must protect our account!

This morning I had a very nice entry off a supply level. I went short GBP/JPY @ 132.47 and closed trade @ 132.34 +13 pips. First trade of the day. Remember sho taught us the first trade of the day is the most important trade.

2 additional trades this morning

GBP/CHF B/E O: 1.5561 C: 1.5561

CHF/JPY B/E O: 85.13 C: 85.13


In three trades today so far 1 win and 2 b/e. It doesn't matter to me how many pips gained a day anymore. When I was younger trader I wanted a set amount of pips and I kept trading until I got there, but most of the times that caused me to take some bad trades and have negative days. I really focus on how I am trading, and the types of setups I am taking.

So far only +12 pips for the day

I wish you the best in regards to trading for a living. It can be tough making the switch from a regular job. The only advice I can give you is to only take better trade setups. Don't pressure yourself into a trade. I may only take 1 or 2 a week sometimes.

Thanks calderone, have a nice day!

Slow day for me today. 2 trades at work. Both were trades taken off of weak supply levels. But the risk was very low and I knew I had an edge.

USD/CHF (short) O: .9833 C: .9832

EUR/CHF (short) O: 1.3002 C: 1.3000

pips gained +3


I would have liked to have gained a lot more pips today , but the bottom line is that pips were gained not lost.

Another good trading week for me

Sweet trade I took I just took at work

1. USD/JPY SHORT (PIN IN DIRECTION OF TREND) , RISKED ON 7 PIPS. ENTERED 83.70 CLOSED @ 83.59 +11

Here's a picture from the trade this morning, you will see price rejecting middle keltner line forming a pin in direction of trend. The rest was history

Took a nice GBP/JPY LONG @ 131.74 , based off of daily retrace around the 61% level not to far from support at the 50 round number and also it was very near a ppz zone, and also 1 hour pin bar. You see there was a lot of confluence.
+18 (I chickened out, I wanted 20 pips out of this)

Took a not so great eur/usd long this morning, I got in just in time for the trend to change. O:1.3470 C: 1.3461 -9 . I was totally wrong about P.A on that trade, if I had looked at the daily I would have known I was buying in ppz zone against all kind of trend lines

I'm looking at a setup with EUR/USD . I'm looking to go short.

It's in a ppz zone, near psy level, fib 50%/61% , TL, P.A you name it.

Looking at the weekly chart has given me profit target.

I really should have already been in on this one , but a lot happened while I was sleep.


Don't take this trade just because I'm going to enter, I am not professional, it is my goal

I'm in we'll see what happens

I've moved my stop to B/E , I'm not sure if it is too soon or not, a really good trader here moves his s/l to b/e when up like 30 pips even though the trade is based on a large timeframe. He says in the long run it is best, the old expression "don't let a winner turn into a loser"

I tend to agree that most of the times when I was up 10-15 pips or more , the trade would reverse and change direction and fall hundred pips the other way and then I would think I wish I would have moved my stop to B/E.

update : I was up as much as 60 pips while I was sleep, so I wake up to a B/E +1 trade

I went long AUD/USD, I waited for a good retrace, @ .9928, before leaving for work price was around .9950.

Reasons: Very close to a ppz zone, retrace on the last swing on daily chart to 50% , on the 3hr chart I entered on the 50% of the previous BUOB bar. We will see what happens!

Can't post chart because I'm at work.



out @ .9938 +10, but I'm disappointed in myself for not having discipline to stay in longer

Another trade I'm currently in Long @ 131.17 GBP/JPY

Reason: TL support on daily, pull back in 50% level, pin off of ppz zone and price exhaustion

small risk, high reward trade

We will see what happens



out @ 131.22 +5. I did not like the P.A I was up as much as +8 then it dropped about 15-17 pips so I got out with a small gain