My thoughts and idea before open, but the RR has no business with me. So I'll just watch it and get ideas as to how it develops and go about it. Also I only have 2 confluences on this, the structure and a candle stick besides that its not strong enough to provoke me.
Not anyone's inheritance, nor is it anyone's home. Now I can start looking for the actually trade I want, let it come to you and wait for NY open before getting hurt. It is best to move with wave when the current is flowing at its most energetic.
Just an update into the "trade" if we had taken it. It is an okay trade a 5/10 according to my trading plan. This is still good for those scalpers looking for quick trades with quick bucks. We just broke the high but not by much, which means there are sellers trying to regain from the close of last week. If you had taken this trade move SL to either BE or just...
This has to be my favourite trade of the week, missing TP by just a few pips but its good because we do not donate to the market so SL should have either been at breakeven (but that would have taken you out very early as the entry level was tested more than 4 times. No we see the pull all the way down and we wait and watch in order to get more information of our...
15530 - Our significant level This price will determine if we sell or we buy. Bounce on it will be a signal to buy. Break of it and retest will signal to sell. Whatever is to happen for now we stay far and just watch as it will be irresponsible to do anything based on feelings.
Daily we were waiting for 14 800 4h we were waiting for the 14 800 move Now we entering our RR is inline with our plan and it came to us not us going to it.
From my end my broker is different so the spread did not affect me. The trade was not triggered therefore I stayed out of this. - the demand was not enough to trigger it - the supply was more to the other side Therefore we learn and we understand what has happened.
I have started the Sunday Sessions again and want to go back and use these videos for referencing and staying persistent. NAS100 Summary - Waiting for market open - Break out the box will confirm our short term bias - Retest at the different significant areas will give us long term demand - Smaller and more trades are the aim with this week and how we move till...
This is where my head is and this is what I'm seeing could happen. The past week I've been monitoring my progress for the past 6 months and it's been fair but I've been slacking on posting and keeping record. So I want to try harder to eliminate the things I already do on a daily basis and just post more for records and sharpening my edge.
Didn't take this one, just watched it and learned quite abit. I'll add it to the sharpening of my skills
What I am seeing overall for NASDAQ. On the way there, there are many ways to eat and make profit. So Manager, do what you do best and use your cutting edge to direct and scoop up as much as you can using your skill and experience. If you look carefully you'll see that I ZOOMED OUT to 4H
I love how this worked out but we cannot attach feelings to trades. So now we wait for the retest to complete and then we re-enter and ride it down.
⚠️⚠️⚠️⚠️⚠️Stay away from this idea, it's something I just want to test. I post my ideas as reference for myself and to track my progress, so I'm posting it so I can document in-case it backfires. It follows my criteria to enter trades (RR, candle confirmation, pattern confirmation, a pair I have back tested)
I don't think I posted this and did not even take the trade🫣🫣🫣🤣🤣🤣🤣. Mentally I'm just not fully around but I am trying and will still let my trades do as best as I can. I'll be okay and have things fixed and fully chart based.
Stopped out but it's fine, because it hasn't punished our capital. Just a small hit but we wait and watch as now we have more information as to what the market is supplying, even though it's against demand.
This is what I'm seeing after this double bottom completes. There will be heavy demand to the upside but till supply is provided we watch and wait, being impatient will be a costly thing. So also stick to your rules and trade your rules.
Great idea but execution was just too early or SL not big enough. So we learn and we do better next time
Woah😮😮😮😮😮 Not sure if I posted this but this was a thought I had but trade I was not going to take. It was an amazing opportunity but because I was already in GJ & UJ it would have disturbed my plan so I stayed out. Just practise to further sharpening my skills.