1 Min THV Flag Trading

My dangerous early trade.

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Well played, entry was at the crest of the wave, all profit from there. Very little draw down!!

Nice :-) I like your tpl. And you have somewhere assembled lip + cci turbo setup?, If I'm not mistaken, this is the WCCI, but you tweaked it, right? This system is good and profitable, but I already wrote in previous posts. I hope to help others, but now I do not have much time, 'cause I'm studying Sonic. But I like to stop and look at your posts. So good luck :-)

- I waited for you, Obi-Wan.
- Finally we meet again. The circle is closed.


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Running late this am couldn't post until now.
Breakout of wedge and 5 min donchian channel with dominant upward trend

Trend line bounce. Asian session

Descending wedge breakout and Patience!
Hogs go to slaughter and pigs live to eat another day.

Kept going, but that's ok. I'm full. Cya all at 4 am

1.7%

Should have waited for bounce off trend line

Trade set off to work I go.

JTee1, it's just hard hook on the chin of Mr. Forex.

3 trades today.

Thank you Sir!

big picture

wedge breakout at Asian open

Why Breakouts? Regardless of Time frame a previous high or low or consolidation is the same on a 1 min through a 1 hour time frame most of the time. When price breaks it, every trader regardless off their perspective time frame see it and the majority jump on the band wagon. This creates more volume and price moves, and then more traders jumping in.

This is why banks create the head fakes that we jump on and try to ride, then they close and reverse and take your money. This is why I usually get in and out before they start thinning the herd. At the end of the day I usually walk away with some change and very few losses. But I take very few trades on a one minute chart throughout the day. I need the perfect storm!

Flip a coin for buy and sell and if you take the same trade you will be close to break even at the end of the year, statistically speaking. (Disclaimer Don't try it) Find the right times to trade and some technical analysis and your odds increase. Get over the fear and don't get greedy with some sound money management is another plus. I'm the first to admit I leave a lot on the table on my exits, but I have a pretty good entry. I've tried longer term trading and have had some $600 winners but some $300 losers also.

Most of us know this but do we practice it?

Rant or Rave you decide.

CCI and resistance trade

4th bounce off of resistance. $336 or 6.72 % in 26 hours

Whew rough night going try in am for better results. All were in profit but was going for larger trades.