Learn and Share your Trades using Charts and S/D Levels

Hi Gilamonster
Thank you so much for sharing selflessly.
Your UJ trade executed.
Could you explain why you set the Stop Loss at that point?

By the way, do you think the zone which I draw here strong enough to sell
GBPUSD H1 chart, Daily engulf formed

This EURUSD H1 zone seem to be more compelling-looking than GBPUSD one.

USDJPY H1, Very nice pin bar at curve at 70% ,

I did buy a bit late but still okie with price now .

NZDUSD H1,
Daily uptrend,
H1 entry ,

Attention Everyone:

I wil be back to review everyones posts on Sunday.

Out of town at the moment. Very busy week, but good.

Thank you for the charts. I see that everyone is doing well at finding good levels and we will all work together at finding the best and fine tuning ourselves for consistency.

I will review, and comment on your posts well before Sunday open.

Enjoy and reward yourself if you had a good or not so good of a week.

"Don't worry about trades that you are not in, instead focus on trades you do enter" Gilamonster 2014

duke789-

First of all Gbp/Usd

This pair is in a longterm uptrend.

You could short but be present.

I recommend staying with the trend 95% of the time.

These Zones are at the top of the curve and very fresh.

There is also a nice DZ that I have mapped out for you to enter back with the long term trend.

Next Eur/Usd

If you are able monitor opening price because it is in a 1 hr DZ but I would not enter if you never were in the trade before Friday close.

There is a better entry for a buy that I have mapped out for you.

Please take note of what I have given you on the chart.

samsungs3-

First I would like to point out Nzd/Usd

There is a strong zone there.

One thing though, on a daily notice how we have this really wide range.

You could have a really hard time understanding if you are in a uptrend or downtrend.

But take into account the curve and HH's, LL's, HL's, and LH's.

Once you have a new HH followed by a HL you have confirmation of a new trend.( or LL followed by a LH)

Next Usd/Jpy

This is obviously my favorite pair and I will enter on any strong zone if I am not currently in a trade on the pair.

What I mean by that is if I am in a profitable trade, I will not look to trade the other direction until I have taken profit.

Then I will assess if I am in a downtrend or an uptrend because i want to follow the trend as often as possible.

The only exception to this rule is if:

- I am at the extreme side of the curve(top or bottom) and I am not currently in a trade on that Pair.
You could scalp on a smaller time frame but you risk the chance of lossing multiple times in a row trading against the trend.

My trade(s) for the past week.

jabow-

Nice to see you here.

Thank you for sharing your chart of your trade last week.

I see that you did take a profit from your sell entry.

Where was your stop and was your trade predetermined?

What is your expectations from this thread?

Are you looking for more knowledge and sharing your trades or just sharing your trades?

This is important for me to know.

I look forward to sharing with you.

Gilamonster

Attention-

My trade on Aud/Usd last Thursday and Friday.

Note that the dtat for my charts were changed over the weekend.

I was gone and couldn't get a image saved before my broker deleted the non banking hours data.

Looks like I am going to be dealing with lost data on my charts for now on.

Luckily I have an ace up my sleeve.

I will use freestockcharts.com for when I notice gaps.

So here is my trade(Note that the first, final and skill developement slides are 10,11 and 12)

Hi Gilamonster, Thanks for sharing.
In your chart you write : "Green lines are the closest zones to price on the curve", would you mind explaining the meaning
of this sentence? Does it relate to the Daily Time Frame?
Thanks for you attention.

This zone is located in an area with a lot of trading (many candles), is it not kind of weak as a result ??
Thanks for your input.

torance-

Thanks for joining in.

I appreciate that you are observant and assertive enough to point this out.

Hindsite, this trade never worked out.

The only thing I warned on was that it was high on the curve. Which in my rules I would never buy. (I will for now on elaborate on trades that I would not take)

I don't know anyones trade plan and that area was a small DZ.

What I should have explained better instead of drawing a pink line was that price needs a close above that line before I would consider taking a long position that high on the curve.

Instead I was only explaining a exit strategy.

Thankyou and I will keep this in mind so that I can be more open with ONLY how I would trade sonething.

torance-

One more thing.

I only use the colored lines for were the zone's are located, in correlation with price on the curve.

It just indictes to me how strong a zone is based on the curve location.

It relates to only the intermediate time frame.

In my case that would be the 1 hr. chart.

I will explain on a chart, just give me a moment.

Attention-

I want to explain hwo I use the fib. tool on the curve.

I keep it very simple because it is only for a reference to where a stronger zone is on the curve.

Main things:

- I am looking for a more higher probability entry.
- I always will set an entry at or above/below 70%.(above for a short, and below for a long)
- That zone needs to have a strong leg out.
- The base needs to be fairly inactive and boring
- The leg in doesn't need to be as strong as the leg out.

Thank you so much for clear explaination
I am so busy this week but still execute a buy EURUSD, not so strong H4 move but it's first time return.
If I have more time to monitor, I think I can have a better entry in M5 zone.

Much appreciate for your comment

How do you think about buying AUDUSD
It's in daily downtrend but I found it make a new HH, which can indicate turning point.

Hi, posting with your due permission

It is still risky to go long for A/U, but yes the short term trend is up but no confirmation; rather safe is picking the high on the Range and sell it.

reckon67-

Thanks for contributing.

Yes I agree that the longterm trend is down.

The short term trend on my 1 hr chart has moved to an uptrend.

I took an entry based on this short term change.

Other factors I have outlined on this chart.

I have an alert set for that next supply zone and will monitor closely based on the longterm sentiment.

Great to have you here.