My Game Plan | Page 2 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Is Forex a ZERO Sum game? 62 replies

Plan the Trade / Trade the plan 74 replies

Plan the Trade and Trade the Plan: Swing Trading the Euro 5 replies

is it a game or job?anyone makes his living by forex? 16 replies

Attachments: My Game Plan
Exit Attachments

My Game Plan

  • #21
  • Edited 2:14am Feb 21, 2017 1:55am | Edited 2:14am
Quoting RondaRousey
{quote} too many indicators
not really, its just 4 indicators and on the chart 3.

its mainly, RSI MACD SCOTCH & VOLUMEMA on the chart GRAB CANDLES, BOLLINGER BANDS, FIBO AND SUPPORT AND RESISTANCE LINES.

Its basic stuff... if you dont mind, maybe you can suggest better, would gladly appreciate.
Trading strategies is like a recipe, right ingredients and you cook great!
  • #22
  • Feb 21, 2017 12:05pm Feb 21, 2017 12:05pm
Decided not to trade tonight, way to tired.
Found a nice web page that offers free trading systems for any that are interested. http://forexwot.com/
For me, I still prefer THV for scalping.
Enjoy!
If it can happen and it is bad for you, then it will happen...
  • #23
  • Edited 11:06am Feb 22, 2017 10:32am | Edited 11:06am
Long scalp for 20pips on EURUSD.
ENTRY : 1.05487
STOP : 1.0576
TARGET : 1.05687
CURRENTLY 11.7 pips in the red. Very volatile.
Making a flag formation.
Trend line down need to break.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 63 KB


Out for a couple of pips.
Do not want to take a gamble against the daily pivot.
Rather save than sorry.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture1 (2).PNG Size: 34 KB


Will re-enter a long if it break the daily fib pivot at 1.05588
Keep it green!!
If it can happen and it is bad for you, then it will happen...
  • #24
  • Feb 22, 2017 11:22am Feb 22, 2017 11:22am
Scalped another 2.5 pips as it break pivot level.
Some divergence on 1M.
Going to take a break till after FOMC meeting minutes.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture2.PNG Size: 36 KB
If it can happen and it is bad for you, then it will happen...
  • #25
  • Feb 22, 2017 1:12pm Feb 22, 2017 1:12pm
Last 5pip scalp for today.
Time to get some sleep.
If it can happen and it is bad for you, then it will happen...
  • #26
  • Feb 23, 2017 12:57pm Feb 23, 2017 12:57pm
I am done for today.
13 trades, 1 looser.
30 pips scalped.

Some interesting reading.
Attached File(s)
File Type: pdf the_easy_guide_on_scalping.pdf   1.8 MB | 2,455 downloads


I deserve a glass of red wine - so far so good.
If it can happen and it is bad for you, then it will happen...
  • #27
  • Feb 24, 2017 6:25am Feb 24, 2017 6:25am
Aiming for a 9 pip scalp.
Entry: 1.06068
TP : 1.06160
Stop : 1.05948

Currently playing with R2
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 41 KB
If it can happen and it is bad for you, then it will happen...
  • #28
  • Feb 24, 2017 6:35am Feb 24, 2017 6:35am
Quoting CableFx1
Aiming for a 9 pip scalp. Entry: 1.06068 TP : 1.06160 Stop : 1.05948 Currently playing with R2 {image}
TARGET HIT.
If it can happen and it is bad for you, then it will happen...
  • #29
  • Feb 24, 2017 6:48am Feb 24, 2017 6:48am
EURUSD facing some resistance.
On H1 at 61.8 Fib level.
If 1.06081 does not hold, then a visit to 1.04227 possible for next week.

Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 50 KB
If it can happen and it is bad for you, then it will happen...
  • #30
  • Feb 24, 2017 9:12am Feb 24, 2017 9:12am
I am done for this week.
Time to relax and start the week-end.
For today, not a good start, but ended very well.
10 trades, 1 looser.
36 pips scalped.
If it can happen and it is bad for you, then it will happen...
  • #31
  • Feb 26, 2017 12:12pm Feb 26, 2017 12:12pm
Quoting RondaRousey
{quote} too many indicators
you know what....

i have been thinking on what you said, and YES your are right!!!

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 51 KB


thanks!! i took ur advice in to consideration!

so now i have made the template MUCH more simple with less to look but seems more powerful... (been testing with a different simulator that i found online, it uses NO scprits just short cut keys like CTRL+B for buy and CTRL+S for sell and CTRL+C for close deals)

Attached File(s)
File Type: zip TradingSimulator.zip   917 KB | 333 downloads
Trading strategies is like a recipe, right ingredients and you cook great!
  • #32
  • Feb 27, 2017 1:52pm Feb 27, 2017 1:52pm
And just like that, I broke my own rules and had to pay the price.
For now using a 6 pip instant trailing stop with 2 pip target.
Still using 10% risk per trade.
If it can happen and it is bad for you, then it will happen...
  • #33
  • Feb 27, 2017 2:28pm Feb 27, 2017 2:28pm
Time out for me, busy turning into revenge trading. Not good at all.
If it can happen and it is bad for you, then it will happen...
  • #34
  • Feb 27, 2017 2:36pm Feb 27, 2017 2:36pm
Quoting CableFx1
Time out for me, busy turning into revenge trading. Not good at all.
 
yea I know what you mean..... revenge trading will wipe you!
 
have a look at these two threads.
 
http://www.forexfactory.com/showthread.php?t=92634
 
https://www.forexfactory.com/showthread.php?t=607976
 
been learning these concepts....
quite profitable...
Trading strategies is like a recipe, right ingredients and you cook great!
  • #35
  • Feb 28, 2017 12:35am Feb 28, 2017 12:35am
Quoting CableFx1
Long scalp for 20pips on EURUSD. ENTRY : 1.05487 STOP : 1.0576 TARGET : 1.05687 CURRENTLY 11.7 pips in the red. Very volatile. Making a flag formation. Trend line down need to break. {image} Out for a couple of pips. Do not want to take a gamble against the daily pivot. Rather save than sorry. {image} Will re-enter a long if it break the daily fib pivot at 1.05588 Keep it green!!
Hi Cable ,
I have some question.
What is your indicators to show price,spread,dayhigh,daylow,candle will close in.In your right side ?and How can i get it ?.
sorry for my question i'm beginner.
Thank your so much.
  • #36
  • Edited 11:05am Feb 28, 2017 1:11am | Edited 11:05am
Hi there CableFX1,

just thought i would share with you a analysis that i did for today

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.jpg Size: 281 KB


i used Gann Fan, Fibonacci, Support and Resistance lines, and Grann Grid.
will see how the out comes becomes, this is just a prediction

EDIT: Order has reached the expected target at 222 pips (not bad i say)

this is how it looks like now
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 54 KB
Trading strategies is like a recipe, right ingredients and you cook great!
  • #37
  • Feb 28, 2017 10:12am Feb 28, 2017 10:12am
Quoting Grigori00
{quote} Hi Cable , I have some question. What is your indicators to show price,spread,dayhigh,daylow,candle will close in.In your right side ?and How can i get it ?. sorry for my question i'm beginner. Thank your so much.
No problem, It is a indicator created by milanese for NanningBob. https://www.forexfactory.com/nanningbob
Here they are enjoy.
Attached File(s)
File Type: mq4 NewMarketInfo_Dark.mq4   21 KB | 206 downloads

Attached File(s)
File Type: mq4 NewMarketInfo.Light.mq4   21 KB | 187 downloads
If it can happen and it is bad for you, then it will happen...
  • #38
  • Feb 28, 2017 10:15am Feb 28, 2017 10:15am
Quoting akamaro
{quote} Â yea I know what you mean..... revenge trading will wipe you! Â have a look at these two threads. Â http://www.forexfactory.com/showthread.php?t=92634 Â https://www.forexfactory.com/showthread.php?t=607976 Â been learning these concepts.... quite profitable...
Thanks Akamaro,
Very interesting.
Enjoy.
If it can happen and it is bad for you, then it will happen...
  • #39
  • Feb 28, 2017 10:27am Feb 28, 2017 10:27am
Just a quick recap of what happened yesterday.
The one and only problem was lack of discipline.

Nothing wrong with the way the market behaved.
Nothing wrong with my trading plan
I was wrong. Overconfidence can also be a killer.
And this is a constant exercise. . . Discipline is KEY!!!

Decided to cut back on the number of trades I take.
Also to only trade between 16h00 and 18h00 South-African Standard Time.

I am done for today. 5 trades, +22 pips.
Keep it green.
If it can happen and it is bad for you, then it will happen...
  • #40
  • Mar 1, 2017 9:57am Mar 1, 2017 9:57am
I am done for today, got one trade still going.
Stop at +4 pips.
Been hammered today, I am still happy.
Followed all my rules, loosing days is just a fact.
Part of the cost of doing business.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 27 KB
If it can happen and it is bad for you, then it will happen...
0 traders viewing now