Hi Traders,
Welcome to my Thread. I like to make things clean and straightforward here. No background stories. No small talks. Just plain, old Journaling of completed Trades.
Main Intention:
With this thread, I only wish to record and improve my Trading Plan—which I call here as 'the Rulebook'. I will not try to prove it to be invincible; weaknesses and loses will be mentioned. I leave its other utilizations to Viewers’ discretions.
Pair:
XAU-USD (Gold)
TF:
H1
Sessions:
Welcome to my Thread. I like to make things clean and straightforward here. No background stories. No small talks. Just plain, old Journaling of completed Trades.
Main Intention:
With this thread, I only wish to record and improve my Trading Plan—which I call here as 'the Rulebook'. I will not try to prove it to be invincible; weaknesses and loses will be mentioned. I leave its other utilizations to Viewers’ discretions.
Pair:
XAU-USD (Gold)
TF:
H1
Sessions:
- Session Periods are modified. Not as per common knowledge.
- Asian Session is the 1st one in a Day
- Asian-European Overlap Session is the Signal Period.
- Trades could last up to End of American Session
Strategy:
Trading Reversals and Breakouts in Asian-European Overlap Session.
Key Levels:
- SL: Candle's OHLC + Spread (placed at start)
- OP: Candle's OHLC + Spread (as pending order)
- TS: rrr-based Trailing Stop (following price action)
- TP: ATR Channel and Fractal Level (estimate, no prior order)
My Posts in This Journal:
- Charts and Commentaries on Completed Trades.
- Replies to Visitors' Comments.
- Asks Questions to Visitors.
- Quotes relevant to Trading, on Weekends.
Visitors are welcome to:
- Give friendly supports and constructive ideas.
- Give own analyses, but NO Pictures or Screenshots please!
I won't:
- Expose Rulebook as a whole here. It is partially shown in charts and commentaries.
- Expose P/L here. Again, I journal mainly to improve the Rulebook; not looking for other things.
- Reply to EVERY comment, only relevant ones.
LET THE JOURNEY BEGINS!
May the BORING-est Trader be the most Successful One!
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REVISIONS:
- 25-03-2019: Adding Numbers in Chart on respective TBuCs / TBeCs, for clarity.
- 24-03-2019: Adding Quotes relevant to Trading, on Weekends.
- 14-03-2019: Replacing Trailing Stop Method from ATR-based (Chandelier) to rrr-based.
NOTE:
This Thread was migrated from another forum website between 21-22 March, 2019. Posts migrated were #Post 1 to #Post 22.