Typical Trading Triggers - [T3] journal

Life & the trading are one & the same….. You never know what happens next…!

For the commitment that you made in the past (History) you live at the moment (present) with the hope that, you will accomplish them soon (future).

It’s always good to live for the moment, without any expectation… & move on….

No Expectations, No Disappointments…!

It’s very easy to say, but difficult to follow it, right?
Yes, because if you follow this then you will be a saint in life.

If you want to be a successful trader, then you have to live like a saint while you trade, yes, “only while trading”, but it’s not as easy as you think

Lets practice this on our trading...

Background...
.
This is a cream of what I’ve learnt from FF & other Forex Forums for the last 4+ Years. Being a successful trader, it’s my turn to contribute to the members & especially to the newbies of FF.

The purpose of this thread is to share the Trade Setups with high quality analysis/justifications; I would be posting my own Live Trade Setup/Entry as & when I see a potential Trade based on this system…

Coming Soon.....!

Regards,
Te-Wies

Disclaimer

Any trade setup/analysis/comments made by myself or any other person on this thread are not responsible for your Live Trades, as a trader it is your responsibility to decide what information to use and what to disregard and you do so at your own risk.

Any live trading you do, you are doing at your own discretion and risk!

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Most probably this is one of the typical methods that any one can trade, so I request you guys to keep it as simple as possible, do not complicate by adding indicators.


Winning Rate:-

This is not a holy grail, but gives up to 80% depending on trader’s experience & market conditions. My highest win rate with this system alone is 92% while the lowest being 56% a month.

So get ready folks...

Regards,
Te-Wies

Now, what are we going to trade & how?
We are going to trade E/U, A/U & G/U, based on two things.

•History (Psychological Level, Supply & Demand)

•Present (The current price action & the Trend)


These two will give you enough reasons to enter the market isn’t it?

YES, but it is also equally important to stay away from the ranging market. Now what is that?

PAC – Price Action channel……

If the price gets struck between the channels, then we are going to stay away from it…

Staying away from the market is also a good trade… Yes I mean it.

so what next....

A short break...!

Regards,
Te-Wies

count me in sir

So Precisely, Keeping history in mind we are going to trade the current market with the help of Price Action Patterns.

Remember that we are not going to predict the future,

We are just going to move on along with the Current market….

All right!

What Next…

Time Frame: - 1H & Above.

So we know the indicators that we are going to use. Let’s plot them on our chart & get ready with the template…..

BRB….

Regards,
Te-Wies

Welcome aboard...

Regards,
Te-Wies

will be waiting for the indicators and tpl with explanation , hope this the place were serch for great system ends for me

hello,

suscribe and follow ...

now waiting for more things to learn

Looking forward to this

Guys,

Before Giving you a template here is my first gift for you guys on asian session.

Attached a live Trade on AU.....

Closed one position for 20 Pips.... & the other one is still riding with BE...

Also you will be able to see my yesterday's trade a 100 pips Trade, based on this system..

Regards,
Te-Wies

congrats on that , will still wait for the logic to understand what made u buy there cant get u like this

Folks,

I Really don't know if you guys need a template for this......

Because i just use....

 

1. Round Number
2. 200 EMA – Is one of the best Auto-adjustable Support / Resistance in any time frame & the price respects it.
3. Support & resistance line / zone from the PPA patterns.
4. 5 SMA(Smoothed) High & Low for the PAC.
5. Candle Time

Any ways.. let me know if you guys still need a template.

& this is how it'l look like...


Trading Triggers are coming soon....

Regards,
Te-Wies

Support & resistance line / zone from the PPA patterns.
and round number

can you provide this two indicators if possible
rest all is ok

thanks

Entry Setup Long:-

Price should close above PAC with Pin Bar/ Morning Star / Engulfing / bullish Marubozu candle pattern & best if it is a bounce or the breakthrough of 200 EMA, Round Numbers, Supply & demand Line / Zone etc...

Entry Setup Short:-

Price should close below PAC with Evening Star / Hanging Man / Shooting Star/ Engulfing / bearish Marubozu candle pattern & best if it is a bounce or the breakthrough of 200 EMA, Round Numbers, Supply & demand Line / Zone etc...

All the Best
Te-Wies

You are going to plot this on your own..... by using a strait/Trend line..

You will see them on my chart soon....

Good Luck to you
Te-Wies

So i closed the second one with +35 Pips as it reached a new resistance....

Asian Session = 2 Trades 20+35= 55 pips.

Waiting for the London Session Now....

Good luck to all
Te-Wies

so any bar with pattern but closed in side the channels no trade , we need closed bar outside the channel plus it has to be a pattern bar , is that currect

Before moving further....

Any questions.....!

please do not hesitate, we are here to learn.....

I'l be more than happy to answer you guys...
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So what about Take Profit, Stop Loss, Risk Reward etc…

As a trader it’s up to you to decide all these, however I’ll tell you how I set personally........

Regards,
Te-Wies

For a A+ Trade, look for a bounce or a break through of 200EMA, SR, Psychological level etc...

Regards,
Te-Wies

thanks for reply on that