Reid_Hicks

Reid_Hicks

Break of the Asian range to the downside. Trading with the #trend. Entry: R1 @ 2245 TF (Time Frame of Entry): 15M Trend (Y/N): Y L50: Bearish. EMA's: Bearish AR: Broken within momentum. ADR: Space OB/OS: No Divergence: No Grade: B, middle of run momentum could be slowing.. Result: Exit:

Reid_Hicks

R1 entry. Entry order let's the market take me in instead of forcing an entry. Target is 2% or bust. Hold until trade hits 2% or hold until full 1% loss. I would argue that putting your SL at BE once price hits 1% is a good risk management method but it can build bad habits. this trade for example would be close at BE already.

Reid_Hicks

I get taken out for a loss because of news. Great lesson can be found here - Don't trade into news.

Reid_Hicks

Took two losses this morning on EURJPY. Great entry set ups last night using the A2 systems by #ASFX Two things I should consider going forward: 1) Divergence 2) not off a key level like the previous to winning trades. Maybe this was forcing a trade as I was trading the continuation of the trend. #EURJPY #short #sell

Reid_Hicks

Many pairs have already moved like the CURRENCYCOM:US500 CURRENCYCOM:US500 and FX:USDJPY #USDJPY I'm going off yesterday's bearish momentum and even the bear momentum for the entire week. #bear #trend is still holding strong. I feel uncomfortable placing this trade as all other pairs I've been looking at as already moved and I did not get the SL that I...

Reid_Hicks

Short / Sell position this morning. Entry: A1 TF (Time Frame of Entry): 15M Trend (Y/N): Y Trade Grade (ABC): A Result: +0.68% Exit: Manual Close at TP level because +5 spread. Post Analysis: increased risk from 0.22 to 0.52 and still feel comfortable. TV says 3% win but in reality +0.68% Performance Grade: A woke up at 3:44am entry at 3:51am. I feel...

Reid_Hicks

Breakdown of NZDUSD. First entry was no entry. Just used the short tool to gage entry levels for future entries. - Did not take that because PA stayed above 200 EMA (Light blue line). 1) Price breaking below 50 & 200 EMA. 2) Lower High after bear pullback. Breakdown 3) Price breaks below 50 & 200 EMA. & Most recent low. 4) Lower low. confirmed and entered. 5 )...

Reid_Hicks

Potential orders that met criteria and one missed opportunity. 3 no entry. 1 for a win +2.58%

Reid_Hicks

D - Overall bull run. D closing bullish engulfing. 4HR - Two big bullish closes. RISKS: 50EMA 4HR is in the way. 1HR - Bounce off the 50 EMA with a low test rejection candle.

Reid_Hicks Updated 

USDJPY L Trade Ideas ALOHA Traders! The market is showing some nice setups to end the month of SEP brining in some nice momentum going into OCT and beyond. Here is one of my ideas of what I’m thinking price can do. 1. USDJPY L (not in this position) D - After a double bottom on the lower trend line of a range, price spiked up and has room to breath. A...

Reid_Hicks Updated 

USDCAD L Trade Ideas ALOHA Traders! The market is showing some nice setups to end the month of SEP brining in some nice momentum going into OCT and beyond. Here is one of my ideas of what I’m thinking price can do. 1. USDCAD L (live position) D - Bear momentum has dissolved. Price has broken out of the Descending Channel and has much room to the upside,...

Reid_Hicks Updated 

CADJPY Trade Ideas ALOHA Traders! The market is showing some nice setups to end the month of SEP brining in some nice momentum going into OCT and beyond. Here is one of my ideas of what I’m thinking price can do. 1. CADJPY S (not in position) D - Waiting for further development before I place a live entry on this one, but it looks very rnearentry...

Reid_Hicks Updated 

AUDUSD S Trade Ideas ALOHA Traders! The market is showing some nice setups to end the month of SEP brining in some nice momentum going into OCT and beyond. Here is one of my ideas of what I’m thinking price can do. 1. AUDUSD S (not in position) D - On bigger time frame (Weekly) Price hit a double top of a range and tanked hard after, falling back into...

Reid_Hicks

GBPJPY S Trade Ideas ALOHA Traders! The market is showing some nice setups to end the month of SEP brining in some nice momentum going into OCT and beyond. Here is one of my ideas of what I’m thinking price can do. 1. GBPJPY S (2 live positions) D - Broken down out of rising wedge for a reversal. Potential to reach bottom of range around 124...

Reid_Hicks Updated 

ALOHA Hope your May is on pace for dominance! There have been a lot of nice moves that I was not personally to capture but still stoked to be watching the strategies play out. I am currently sitting at -1% for the month with 3 BE trades. I am currently look at USDCHF reversal short. D - Price does not always have to touch a resistance or support line, the ray...

Reid_Hicks

ALOHA traders! Hope you all had a dominating and profitable end of April! Here's a two trades, one that that I missed getting into but was able to capture a second minor move down where I was hoping for it to break down. The position I got in only lasted for less than a day, 14 hours with a manual close of +.73%. I was okay with closing it as I didnt want to...

Reid_Hicks Updated 

ALOHA D - current day is resisting the 50 enamors and had bearish consolidation but still with some momentum for the downside. the last few days of been corrective creating nicer intra day patterns. 4hr - correction just under the 50 ema, now creating strong bear candles instead of high-test reversal candles. 1hr - Price bounced back up to the 50ema to reject...

Reid_Hicks Updated 

Aloha! Currently sitting in this position with 1% locked and and 2% running. Management: following the 50 EMA on the 15 in the first few hours of the trade, as price gradually moves down, my SL will follow the 50 ema on the hour time frame. _________________ Been watching this pair for about a week and have placed 3 trade on it, with 1 win, 1 loss and 1...