Draw 'n Trade (DnT)

Hi Selym,

Interesting Thread! I am following now.

I am a student myself too but I never trade demo. Demo doesn't get me the real feeling of trading. I started trading 1$ with Oanda and now it has increased to 0.1 lot. Maybe you can consider trading a micro or mini account too.

All the best!

TS

I am at school now , so i dont have much time I am really proud that at least somebody follows this thread.I was thinking about deletin the thread (dont know if its possible to delete the threads). I am not a guru about the analysis , but wat makes me successfull is the money menagement rules and my faith in them.By this way i have a regular increase in the income.I plan to do this trading stuff asd a full time job after i graduate , so instead of searching for fantastic results I am running after "regular" profits ..And I am trying to educate myself about the discipline which is a point where most of us fails at first.Honestly I still have problems with discipline , but for sure I am better than the past

I have to go to school now...and I am glat to know you...take care..

i also follow your trade regularly i am new in trading and your trade is very usefull for me

kindly visible your sl and tp level thanks

Hi fahadn...u can see SL and TP levels in my zulutrade page.But I will deactivate that account at the beginning of june...you need to be a scalper in order to go up in the zulu ranking system.And i cant be that...so i ll soon deactivate it..

Hello

Good Thread I like it.

Price Action very good. Keep posting I`m follow you.

Best Regards
Dan

There is a wonderful picture when we loook at the JPY pairs and i will share CHFJPY here which has the similar H4 image in the other JPY pairs.A possible SELL order shud last for more than a week but might offer profits around 200-250 pips...Money menagement shud be calculatred carefully and a possible bearish trend shud not be missed...

All of the JPY pairs are preparing to fall down like a thunder I hope everyone enjoys that trend..

Here are the screenshots of EURJPY , CHFJPY , GBPJPY AND CADJPY

This pair is giving good opportunities to enter positions with small risk and high profits...i hope everyone will make some money here

The price is moving within an upwards sloping channel , but at the same time it is close to the bottoom of the channel and eaxctly in the support area...might be a good place to bounce up ! In case it breaks down the support area and the channel at the same time , then we can target deeper levels...

Hi Selym
a friend gave me the link to your thread and I think it is great. I will be following from now on too. I am way past school age but know that those younger than us can also teach us. So keep up the great work.

Regards

Hi Nerak58 ,

First of all thank you for ur nice words , but be sure i dont have much to teach , because I am also at the process of "learning" at the moment.And I do not do anything apart from drawing a few lines and channels on the chart..Once I lost lots of money just because of using indicators...or lets say I didnt know how to use those indicators...But at the same time i didnt know wnyone who knew how to use them efficiently...and I think there are people like me too ...

There are amazing threads on this forum...four of them are given in the first post with their links.If you like you can check and read them , you will notice that earning money in forex market is not difficult...its just a matter of [patience+discipline+knowledge]...and it gives great pleasure when you make some money by not being dependant to any indicators of expert advisors...

I can recommend you to focus on market geometry , pitchforks , S&R levels , Round numbers , The importance of Fibo 38-50-61 , (most important of all) money menagement !!! Price action always obeys geometry !!

And I ll also share a picture about EURUSD...with two pitchforks drawn on it...

The red pitchfork (upwards direction) is confirmed with the gap...If you read about the picthforks , you will see how important the median line is..It is told that the price cannot walk-pass over the median line so easily...either jumps over it or passes through it with long bars with high volume...but cannot survive on the median line for long times like a few hours...You can imagine the median line as a high and thick wall...anyway...the price is still below nthe median line , targeting the bottom line of the red pitchfork.and It will be so natural for the price to encounter some buyers (bulls) on the %50 of the target distance , the price might even bounce a little , but somehow bears have decided to reach the bottom line of the red pictchfork...And the green picthfork is the way the price will follow in order to reach the target...The intersections of the lines are enrgy points and by this way you can predict time+price before it happens..It doesnt work ultra fitting But at least gives some clues...

The most important thing in the chart is the gap shown with the circle...it doesnt happen all the time , so we can accept it as a gift from God which confirms the picthfork )

On the other side : ofcourse money menagement rules shud be obeyed !!! You shud ofcourse stay faithful to ur plans etc etc etc...

Regards..

another gap and another confirmation...this time the green picthfork's median line is confirmed by the gap...and the downtrend is established !!

(Money menagement rules shud never be disobeyed)

EURJPY reached the target of wave C ...

Yesterday EURJPY reached its daily target and met a strong daily support zone which is trying to give the pair a 200-250pips bounce...This bullish movement ofcourse will drag some other pairs after itself lie EURUSD and other JPY pairs..Almost all of the JPY pairs have similar situations , but AUDJPY is the first pair which gave us a BUY signal...

Here is the screenshot for AUDJPY...(You can check some of the other JPY pairs , you will notice that there are similar opportunities..)

Ready to bounce !!

In case the support zone is broken , a SELL STOP shud be placed right below the support zone targeting 150-200 pips...

Yes, the world is a stage, we are the actors who will eventually return to the Director, where we will be questioned about our performance.

Anyway, I've seen your profile in ZuluTrade, (sorry to judge), from a quick look, I know what you are about, that's the best part about ZuluTrade, the worst part, is they lock out communication between SP and followers, take a look at my thread, (i've only got one thread), I've posted a printshot of an email they sent me.

Take care and happy trading.

The pair has made double-bottom at the moment in the daily chart...and now its a good opportunity to BUY and lace our pending SELL STOP orders right under the support zone..A bullish trend which starts here might first target 1,30s , and in case that level is broken 35s can be seen...but for now we shud focus on the first targets...and we are on the decide-zone...

regards..

Preperations for the market open .... This week will be amazing if u want to make a fortune Good luck to everyone...

The other three pairs of the preperations..

XAUUSD....the pair has been stuck between the support (1543-1523) and resistence (1610-1590) levels and it will give us good opportunities to make some pips.All we need to do is to place our pending orders at the entrances and the exits of the support and resistence levels...

Regards..