Missed this trade by fraction of a pip and went for TP at +3R. 18 Feb 2021, Thursday EURUSD NYO trade. Price hits H1 OB, notice that there is a sweep of highs earlier into NYO, but that's within first 30 minutes. We expect a deeper sweep of M5 which ...

Traders With LIVE ‘Trade Explorer’

Joining the thread. What's up all!

Traders With LIVE ‘Trade Explorer’

Midweek update 16/2 LCKZ trade EURUSD Long limit set at 1.20991, price did not hit our entry and went straight for TP. image 17/2 Pre-NYO trade USDCHF Price reaches H1 FVG and did a M15 sweep, M1 BMS to downside. A sign for pre-NYO reversal. Not ...

Price Action Scalp Journey

1. How much money you need will depend on how much your strategy can yield you. Assume you want to get $4,000 a month, and if your strategy gives you an average of 10% per month, your capital will need to be at least $40,000. 2. Risk what you can ...

reasons why traders lose

Hi, it's a interesting concept. But if there's something as 100% win rate, then everyone will be using it. It is possible for you to take very short positions (maybe a few minutes) to ride with the trend. But what if you open the trade at the top of ...

Why you still lose

Very true. My Personal Golden Rules [Taken from my personal discord group] - Accept that you will be wrong. Take the loss and learn from it. - Accept that you will lose, even if you're right. Stick to your rules. - Be disciplined. Keep to your ...

Why do Newbies Lose?

Education and signals are the way to go. Also join like minded group. For example, I am scalping using price action on the EURUSD. I have a dedicated group that holds discussion every trading day. You are the same as the 5 closest people you ...

forex education

Personal Golden Rules [Taken from my discord channel] - Accept that you will be wrong. Take the loss and learn from it. - Accept that you will lose, even if you're right. Stick to your rules. - Be disciplined. Keep to your rules. Keep emotions away. ...

Rookie's Psychology

Used plenty of these system in the past. Unless you have unlimited funds, there will be a time when you encounter many losses in a row and the double of the lot sizes will be too large for your account, hence margin call and wiped your account.

95% failure rate?

Totally. A good mindset and believing and sticking to your proven system can get you far. You dont have to win much as long as the risk to reward ratio is in your favor. Of course sticking to the 1% risk per trade is essential as there might be 10 ...

95% failure rate?

Good luck!

Easy Price Action System

Thanks mate. Saw your journal too. Looking good so far!

Price Action Scalp Journey

Satisfied with this week price action 9/2 Was expecting price to rally as per continuation trade from LO during NYO. Longed at 1.20939 and price reacted well. As it approach 2R, I shifted my SL to BE, but price retraced and took me out at BE. ...

Price Action Scalp Journey

Still love trading using TV This is an example of my chart setting url

Best Color Schemes?

Satisfied with this week price action 9/2 Was expecting price to rally as per continuation trade from LO during NYO. Longed at 1.20939 and price reacted well. As it approach 2R, I shifted my SL to BE, but price retraced and took me out at BE. url ...

EURUSD only

Got it, thanks a lot

Daily Charts and Stuff

Hi sir, are you using the default settings for all indicators? There seem to be an entry on 9 Feb 2018 but did you not take the trade with all the indicators indicating a sell?

Daily Charts and Stuff

Update 3.2.2018 Loss 2 trades this week: AUDUSD and USDCAD Still holding onto the rest. When my trade's in, I'll wait for TP or SL. I will set and forget about it and come back days later! Let's see if the trades will hold!

Simple Fibonacci Trading

Spotted a hammer at 23.6 retracement Entered long

Simple Fibonacci Trading