The 3 Elements of a Successful Trader

Sell @1.3355 Sl/Tp 17 pips

Live chart now:

manage to Tp before price blasting up..
Chart:

Last partial trade hold yesterday fr buy

Live:

Buy @1.3317 Sl/Tp 17 pips

Live Call:

EU Sell @1.3424 Sl/Tp 17 pips

1 lose, 1 win, breakeven.

Eu sell earlier 1.3268, Tp1 & 2 taken
News came up price went south => now shift SL tight

Today earlier analysis, from another chart:
Price hit previous day low S/R
+ daily open GMT 00:00 line

good job mr.LL
i like your trading style
nice to meet with you

salaam

TQ mr. kho for appreciation
nice to meet u too

Setting third Tp @1.3180
Tp3 ~ 88pips, or 100% Daily ATR(28)

Intraday: SL, Testing, RRR, Partial profit

- Use Sl ~15-20% ATR Daily(~28)

- When testing a new pair/market firstly set 1R as our Tp, numerous results should give us average of slight positive or at least breakeven result.
(or else keep working on our entry method). Once achieve this we can maximise/improve profit by setting higher RRR: 1.5, 2, 3,..

- Another way is to use partial profit 2Tp or 3Tp(able to reduce drawdown):
Tp1: close 50% ~ 2R,
Tp2: 50% ~ 6R (avr =4R)

Tp1: close 50% ~1R,
Tp2: 25% ~2R,
Tp3: 25%~ 5R (avr >2R)


*R = Risk/stop loss amount
~ = about/ plus or minus
avr = average

Intraday:

We don't shift Stop loss level to Breakeven, unless
- major news coming up
- it's friday

Intraday: Price rejection (@drawn levels)

- short bounce, use ~1R
- reversal, use ~3R or more

- Every opening of trade use standard position size, as x% of account.

Learn to trade ej again.

M15(demo) sell @121.26. Got tp1, set tp2 @121.00

My new ej trading consist of 'hybrid' system: levels, & candlestick formation

Intraday:
My target now is to able to take 5-10 trades per day
Emerge overall winner (or at least breakeven) end of each day

*This should be achieved within 1.5-3 hours per day session,
plus post-session ~ automation(EA) trading at key SR levels.

Ej early buy ~120.95
Tp1 taken, Tp2 set @121.715