I learnt my S&D trading from Kenneth Lee's thread, which I posted the link in my first post. And I've brought it "to the next level" from RTM (readthemarket.com). If you're interested of trading S&D, you MUST visit RTM & AceGazette. Both are ...

Start of my journey towards profitable trading with PA

Just imagine the price of an item, for example, a TV. Price was $1000, EVERYBODY wants to buy it, coz they think it's DIRT cheap. now price rose to $2000, so ppl would wait for discount, and buy at $1000. But when it dropped until $1000, there were ...

Start of my journey towards profitable trading with PA

Open trade: USDJPY short image image UPDATE: Both TP hit. that was quick. image

Start of my journey towards profitable trading with PA

New PO: AUDUSD short image UPDATE: No follow through. removed PO. image

Start of my journey towards profitable trading with PA

Hmm, a tough question..I'm not sure if I can answer them other than "screen time". I'll try and illustrate the best I can, but believe me, trading is really a feel for the market, as I'm a discretionary trader, not a mechanical one: 1. I look for ...

Start of my journey towards profitable trading with PA

Missed the PO and price reversed. Had an engulf on m5, will take a short at the source. image UPDATE: Price went too far, and towards my first TP, which is an obvious Demand. Since I have no screentime from now as I'm goin to the gym, will take ...

Start of my journey towards profitable trading with PA

No prob. Glad to help

Supply and demand in a nutshell by Alfonso Moreno

New PO: USDJPY short image

Start of my journey towards profitable trading with PA

Not alfonso, but I think he meant "sell" into D1 demand zone.

Supply and demand in a nutshell by Alfonso Moreno

New trade: GBPUSD long image UPDATE: Stopped out at BE -1. NEXT.

Start of my journey towards profitable trading with PA

Thanks buddy.

Rufus

UPDATE: First TP hit. Adjusted my final TP to 99.19, and price missed it by 0.2 pip. Will wait for alittle bit more. image UPDATE 2: Manual closed. Wouldn't want to give back all the pips again. image *LOL...Price dived right after I manual ...

Start of my journey towards profitable trading with PA

Not Rufus, But I' say it's above 1.3311, above the last decision to engulf. It makes sense. Regards, Chao

Rufus

PO triggered: USDJPY short image

Start of my journey towards profitable trading with PA

Both PO's missed, news brought both to targets without giving me a fill. Man it's frustrating, as I missed 2 PO's earlier today, EU sell 1.3301, missed by 0.6 pips, and UJ buy 98.27, missed by 1.5 pips. Oh well.....NEXT!!!!!!

Start of my journey towards profitable trading with PA

Hi again, Good point that you pointed out. I log all my trades real time, and I make reviews afterwards, to look for why it didn't work etc. For now, I'm actively looking at the markets as it's up and running. That's what journals are for, to log, ...

Start of my journey towards profitable trading with PA

New PO: EURUSD short image New PO: GBPUSD short image

Start of my journey towards profitable trading with PA

Loss trade: GOLD long image

Start of my journey towards profitable trading with PA

New trade: AUDUSD short image UPDATE: Stopped out. image

Start of my journey towards profitable trading with PA

UPDATE: 2nd position stopped out at BE+1. Gave back 40+ pips after price missed my TP by 8 pips. image

Start of my journey towards profitable trading with PA