EU not taken
CJ
CJ
- #585
- Oct 27, 2016 12:06pm Oct 27, 2016 12:06pm
@saad007 - Good entry@FX5star - You must first identify the setup (HH/LL - L/R - Decision Break) Today entries : {image} {image} {image} {image} {image} {image}
In this weekend i will read your whole website to learn more about it.
- #586
- Oct 27, 2016 4:19pm Oct 27, 2016 4:19pm
- Joined Aug 2013 | Status: Trader | 4,897 Posts
Pride always comes before destruction.... -Proverbs 16:18
@saad007 - Good entry
I thought i was do it right according to your rule (pls see the attach )
Also, i see your NU trade. That level you enter already been tested many times . Is that is consideration for you?
- #588
- Edited 8:51pm Oct 27, 2016 8:37pm | Edited 8:51pm
{quote} Thanks for the reply. I thought i was do it right according to your rule (pls see the attach ) Also, i see your NU trade. That level you enter already been tested many times . Is that is consideration for you? {image}
It takes a little time to gain an experience to spot the setup.
The fastest method to gain experience is by doing lot of drawings
SELL SETUP:
BUY SETUP:
- #590
- Oct 27, 2016 10:45pm Oct 27, 2016 10:45pm
- Joined Aug 2013 | Status: Trader | 4,897 Posts
Pride always comes before destruction.... -Proverbs 16:18
{quote} Level or zone is still remain, no matter how many times. But i actually consider not more than 4 times tested. It takes a little time to gain an experience to spot the setup. The fastest method to gain experience is by doing lot of drawings
I think CJ trading could be a BE trade if i apply your 3S.
Can you please share how you manage the trade. ie half at 1R and half at TP or there is more to it?
I know it takes a lot of time to practicing and i am willing to spend time to work on it.
I am a Serious Trader
I had read all your post from your blog and FB page. But i feel the information is not enough for me. ie how to chose the right line(entry point) or which one will hold?
Is there more detail or SOP about identify the setup (HH/LL - L/R - Decision Break) before i start to do a lot of drawings?
- #594
- Oct 28, 2016 2:01am Oct 28, 2016 2:01am
{quote} Target at supply/demand/snr/opposite up&under or reward, that is why i use partial. I just care about entry & risk/reward. In order to validate HH or LL, a decision of first movement either make by HH or LL must engulfed/break. Below is drawing chart explained: {image}
Yes..we are also a serious trader
Checkout my Drawings album...make it a guide for you when drawing.
- #598
- Oct 28, 2016 2:33am Oct 28, 2016 2:33am
- Joined Aug 2013 | Status: Trader | 4,897 Posts
{quote} Have a nice weekend Expo33
If CAD/JPY falls off a cliff, the weekend will be extra special
Pride always comes before destruction.... -Proverbs 16:18
