priceaction1 journal

Why do you say cable is not good for scalping?? I can feel it with AU, but not so much with cable, wich can gives good movements during intraday.

due to spread only. otherwise it is good too.

let see

https://charts.mql5.com/7/340/eurusd...g-point-of.png

@priceaction1
Last daily high is engulfed and intermediate trend is very bullish!
Maybe the only way to close this trade with green pips is the possibility of a retracement to 1.0842

miss try close @ 1.0876.

Another short risk 20 plps.
https://charts.mql5.com/7/342/eurusd...g-point-of.png

1.1024!

https://charts.mql5.com/7/366/eurusd...g-point-of.png

I would of thought around 1.0830. As this has been tested as both s and r... The fib is adding value to the retrace of the daily highs.. shown below as a 4hr.. just a thought... the retrace has been on the cards past few days...

Sorry forgot to mention... the bearish engulfing candle in the 4hr (nearly lol)... should accelerate the push down... The 38.2 area is the 10876 as noted but a lot of space to take a further play.. If we break the isc from yesterday the 10900.. we should see a further drop of 150 pips... just what I can see.. love to hear your thoughts...

see does obuy the fibo level


https://charts.mql5.com/7/375/eurusd...g-point-of.png

some high risk high leverage trades.
https://charts.mql5.com/7/376/eurusd...g-point-of.png

1 lot
https://charts.mql5.com/7/378/eurusd...g-point-of.png

Just a few pips out on the 150 pip drop from above quote... when 10952 as per attached chart...time etc... Even a stopped clock is right twice a day lol...

did i ask!!!! it is my own little place and my way of trading!!!!. when you trade full 1:800 leverage you need to be very careful. as far few pips concern the percentage of profit from these few pips was 400% in one day

Profit Factor:15.63
Total Trades:22Short Positions (won %):9 (77.78%)Long Positions (won %):13 (61.54%)
Profit Trades (% of total):15 (68.18%)Loss trades (% of total):7 (31.82%)

Sorry... I meant no disrespect.. apologies... Was just a view on PA trading..1:800 leverage..wow... could go wrong very fast lol.. wish you all the best...

just want to clear things. if i have 1000$ i put 100$ on full risk i.e 1:800 leverage trade. some time I do go wrong many time I have good profit. that is only one way of trading. my main account is trade as swing trade normally 1:50 leverage is used.

No hard feeling I haved a target @1.1024 for short but did not pull the trigger than all set up is mix up for me so I put my hands away. though it was very nice chance. would love to see you view about PA though .

@priceaction . Could you please share your trade explorer so that we can see your pending and opened positions.

regards

one of grate, from grate master fti!!!!

"Ok risk.
try understand this.
High risk means low propability of realisation.
Same as , risk buy 4D.
what is probability of hiting it correct.
ok which one is higher risk 4 digit guess or 7 digit guess.
which has better probability of striking.
The one with higher risk is the one less likely strike.
so on high risk punts, cannot put big pot. get it?
risk has nothing do with capital. understand?
Think .. in the money , at the money and out of the money(court).

risk is percieved terrain type.
ok i try give yo an analogy.
Which is better weapon? A hand gun or a high power rifle?
Which ever you chose will be wrong thinking.
You see.
It depends on the terrain type.
In urban close quarters battles. Is carzy use a rifle.
It is a open ground weapon.
In open ground is crazy use a hand gum.
So why you think when a soldier goes to battle. The officers carry both?
Depending on terrain of combat, there is CHOICE.
Now think marketbattle fields.
A trader need have same agility.
Rigidity to no choices will disadvantage a trader.
Thats why a trader need reki the markets find out what is perceived terrain.
When implimenting strategies, must be able adjust seemlessly to changing perceptions. As the terrain info comes on stream , one needs adjust the logistics suit the terrain one battles in.
What you asking about the skew of the mm, can create for you unmanagable turns, if you have rigid mindset.
Generally is a guide only. Is same as if you ask girls what their favoraite colour,is likely be peach or pink. Blue has high risk of being worthless. Is only guide, but once in some blue moon , you may chance on a girl who likes blue. Do you understand?
Is same as i tell you yes there is a mean general skew for safe mm. But then if you stay only at mean, and you are taken to high level skews. either YOU or your capital may give(collapse). Do you understand? So your job is to find book tolerance and YOU tolerance for effective performance. Ya , i can tell youthat 1:3:10 is good attack skew. Anything that has 1:3 odds is a term sure winner odds. But if you implimented attck skew against trend then you not going to survive.
Think about it and test yourself out.

regards
You heard the euro banks are having their stress test. Yes?
they testing the risk their books exposed to under different terrains. This determines if their risktaking is robust or not.
They trying to figure out what their risk of ruin vis a vis their var(value at risk)/risk profile under simulated extreams. Get it?
if i test most of your risk profiles, about 90% of you likely fail. mostly too ambitious (GREEDY). 1:3:10 is good attack Mo, but for me is too mild. In markets when injured must be humble. When on wind must be brave, very very brave. Otherwise why waste time and energies, without killer instincts.
Think.

Your ability impliment attacks depends on state of ----. get it?" by fti.

enro levels in coming weeks.