waiting for price to get out of demand SR-SD zone before looking for shorts 660
Empower Your Mind
"Ratios & Harmonics: a Different Way to Trade." Summary 37 replies
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Dislikedlunchtime, I take the break until 1:15 p.m good luck guys {image}Ignored
DislikedThis is the second losing trade of the day. Price had a hard time coming up and producing a NSH. At the blue structure area (which I drew not low enough), price made a very large bear candle. That was a powerful sign for me and my trigger to go short. I waited for price to correct a little bit and went short @1.08662 (red arrow). When price was done correcting a new bear candle was produced. Because I felt good about the strength of the bear candles and probably because I had a losing trade before, I added a full position so I had 2 full positions...Ignored
Disliked{quote} Those results look very interesting, but, I would suggest further testing and I mean "live" testing. I put the quotes so you dont limit to real time, there is always forex tester software to help you with forward testing of past data, also the NT platform has market replay but I have never used that one for forex. That way you can have a longer sample of trades, because I dont see any loser trades there, please dont think Im trolling your work, on the contrary I hope you succeed and share the EA here . Also...Ignored
DislikedHi traders Many of you are sharing succesful trades. Unfortunately I don't have a lot of those yet :-) I can share a lot of losing trades though. Hope I can learn from your feedback and I hope it also helps other struggling traders :-) This is EURUSD 233 tick chart, today...Ignored
DislikedPeter below is 1597T 6E future chart, please make identical chart using your platform with FX spot data, then ask yourself only one question: Why do I want to enter the trade in supply zone going long? {image}Ignored
Disliked{quote} Give your trades room to breath, put SL at 100% of the swing and move it to BE when you find structure, not just right away.Ignored
DislikedThis is the second losing trade of the day. Price had a hard time coming up and producing a NSH. At the blue structure area (which I drew not low enough), price made a very large bear candle. That was a powerful sign for me and my trigger to go short. I waited for price to correct a little bit and went short @1.08662 (red arrow). When price was done correcting a new bear candle was produced. Because I felt good about the strength of the bear candles and probably because I had a losing trade before, I added a full position so I had 2 full positions...Ignored
Dislikedstopped -18 my mistakes 1'st trade against the order flow, 2'nd against the order flow+revenge {image}Ignored