dolla dolla bills ya'll

I've decided to slow down my trading and stop looking at H4 and instead only look at W and D mostly.

I'll use this first post to start cataloging trades I'll be looking for.


Breakouts

W momentum down. Price fails to reach zone on a pullback. Small D candle. Breakout trade.


2nd push breakout. This happens after a false break (the doji). Momentum is up and we are above a flip zone.


Combination of the above 2.


W trend down. Nice D pin bar out of W zone.


Small bars at S/D zones. Common.


D. tops and bottoms

Double bottom at an important level. New potential W dz being created.





Continuation Patterns

Classic CP trend trade.


CP trade with range zone confluence.


Fading SD zones

current long based on D wow. first TP at last weeks(?) POC. reloading at BRN which is also long term FZ. Really dont like how it appears to be basing before my level. Also missed a wow short up at the top of the current swing high.

I don't have a good feeling about this one

Moved to BE. shouldn't be in this one since it hit MTF and HTF demand. that's what you get for taking a few days off from looking at your charts. old orders getting filled that shouldn't be there. but, the joy of having good entries is you're usually right for at least a little bit...

what the....? is this for real?


you know its a demo account when... you get filled at a price that doesn't exist. ??

same thing happened with my usdjpy

This is chaos.


To my defense I have been getting shafted. I'd say half of the trades the past week or so that I was right on stopped me out to the pip or missed my entry by a pip. Seriously. 99% right, 1% wrong = nothing. But at least its made me selah. I'm tryin to hit 20% per month. My typical trade is 2% risk with 1:3 RRR. My win rate is 50% when Im shootin from the hip.

I made like 12 trades per week so far this month, but I only need 3.3 net wins PER MONTH. so that definitely puts it in perspective lol... time to not look at the damn charts so much

.....sometime much later with a different account......

same shit as always though. decent trading and then a couple emo days. however this time Im not deleting the account and starting over. Im gonna post a lot of the trades Ive made on this account to document them. I've tried to do markups for what I think was my reason for entering


I guess I was expecting a trend change or something but can't remember what TF I was watching now anyway.




man wtf is that


even worse!


Im guessing I missed this one but set a limit at where I would have gotten in


There's nothin like relentless buying for no reason in a down trend

The account ruiner

Im gonna skip the equity chop period now and go to the past week

Next week I'll post my trades again, maybe daily or maybe on the weekend. Im going to go through the process of rebuilding this account slowly (or at least try) as an exercise of patience and discipline. the goal being that hopefully when its back up I'll have confidence to trade live

sometime later
....

so you went back to forex no more tick charts you gave up to soon rudy

Im still trading futures every day. Just taking a break from the thread for a while to focus. watching you guys makes me a little too ambitious

trade well rudy

decided this was a dumb trade and closed out rather than trying to get a BE. I think I would have liked it to drop further or return faster to the supply, not base right below like that.

Vague trading plan as of 4/26

This is a strategy that attempts to capture the money flow between currencies. In essence I am trying to find 2 currencies that are primed for an opposing move and pair them together.


Part 1 - Identify a base ccy

Options for identification:

1. Find a ccy on CS28 that is at the 161 fib
2. Find a HTF PA setup on the index charts

Part 2 - Identify a counter ccy

Options for identification:

1. Find a counter ccy on CS28 that is at the opposite 100 or > fib**
2. Stopping volume after an impulse
3. PA (double bottoms, IBs, upcoming S/D zones)

**Are there any ccy's that contributed greatly to the base ccy's move? Look for profit taking on those pairs. Are there any ccy's that have been gaining strength but haven't made a move against the pair? Look for those to pop. Essentially, try to find a counter ccy that is either very weak or gaining strength.

Part 3 - Entry

Enter on PA bar or catch a breakout.

GBP index primed for a move


no clear PA setups in any counter CCYs on the daily, but the JPY looks like a potential based on its index chart and H4 CS28


prepared to catch a HTF breakout but will also watch LTFs for CS28 and volume setups to catch a pullback entry

and I totally missed it!