As simple as possible: 00 level trading

Nice one!

I took the same trade but on GU (they were in sync). Also TP... we are getting there slowly but surely

Vlad

Numberman

Good morning and good trading everyone.

Asmodai

Trade #1

EURUSD +5 TP



Masterrmind...........

I was looking at that and would have taken the trade..... but it was not according to the current ruleset i'm using.
Was hard not to brake the rules.

Asmodai

That's ok it was a trade that took it's time getting to TP but in the end all is well.

It's always a tricky business entering a trade soon after a long bearish candle but it can be done.

PA during FF mainly.

Good trading,

Masterrmind........

Nice trade MM.

Keep going

H1 Method

EA L TP

Small correction on profit with AUDJPY & EURNZD.

Machine stopped for today!

Jibala

EU+5 (TS)

Trade #1 EU TP



Not really as low risk as i would like. My thinking was..... Either the bounce of the DO was the retrace of the trend from the tokyo session and price should move up. Or my point of entry was the retrace point from the previuos short term trend down and price would go down.

I'll study this trade later to see if it was a good decision or a bad decision with a good ending.

Asmodai

Trade #2

USDJPY +5 TP



Masterrmind...........

Trade #3 [Bonus trade #1]

EURJPY +5 TP



Masterrmind...........

The same trade MM
H1 method

Exit strat: M15 close, total: -4, 1 trade.

No other trades taken because the ASH was always opposite of H1 D1.
Will trade NY for first 3 hours. Not yet EOB.

Excellent work my friend............

Masterrmind...........

Hi MM,

I'm interested to know what gave you an indication of the trend reversal for this trade?

Thanks

Vlad

There is a bit going on in that chart.

Here is what I saw.

1. Awareness of possible trend reversal coming out of the end of FF and starting into London (not always but often enough)

2. Long bearish red candle stopping hard before the DO (this got my interest fast)

3. Something you can't tell from the posted chart but I waited for entry (I did not place a pending order at the new hour...I waited and I watched)

4. Look at the very strong rejection candle M15 at start of London which actually tests the DO but is instantly rejected ....(I like this too)

5. Look where my SL was placed!....... over the other side of the DO ( I like this too based on PA it gives me a little more confidence in taking the trade)

6. Watched the progress of the trade throughout but felt confident

I hope that gives you a better idea of my thought processes.

Good trading,

Masterrmind...........

H1 method

EA S BE

H1 and M15 mathod at the same trade.

EU L SL