Entries: blind vs pull back vs break out. — Blind Entry: Place your entry order where you believe support/resistance will reverse the price. Pros: Gives the best entry price of the 3 types of entry. If you are right, your risk reward can be ...

StewartR - I want my trading to be boring.

USD JPY - perfect setup — This trade is the perfect setup. 1. Price Pivot Zone 2. Pull back - oscillator confirming 3. Pull back to 50% fib 4. Downtrend (if you put the m.a. on the chart) 5. Pin bar I did not take this trade because I was ...

StewartR - I want my trading to be boring.

EurJpy - blind entry — This is a small position. Taken in a small account. Not my full trading account. I have not taken a blind entry before. 50% retracement price pivot zone oscillator at extreme Small stop relative to take profit. Exited: ...

StewartR - I want my trading to be boring.

eurgbp - not looking good — Loss on the EurGbp. If I had come to the charts at 6.03 instead of 5.57pm (Aus time), there is no way I would have taken that trade. This is one of the risks of entering on a pull back. I never know when the pull ...

StewartR - I want my trading to be boring.

hmm - what to do — The daily usdcad is pointing down and my position has been placed. However the 4 hour just gave an equally valid long signal. What to do? There is significant resistance above the 4 hour pin so I'll leave the 4 hour alone ...

StewartR - I want my trading to be boring.

EurGBP — Hmmm - nervous now. I entered this trade 3 minutes before the close of the 4 hour candle. At that time it was an excellent bearish outside bar. By the time I had set my orders and was filled there was about 30 seconds before the close ...

StewartR - I want my trading to be boring.

USDCAD Daily — Full position size. Daily chart. Reason for entry: Downtrend: moving average pointing down Pull Back gone enough: Oscillator Hooking from Extreme Price resuming trend: Pin bar Entry point: pull back to 38% of pin bar. Price has ...

StewartR - I want my trading to be boring.

EurJPY — here's a better pin bar it also bounced of a 38% fib Exited at 1:1 when my TP was hit - because its time to goto sleep again (I sleep during the london open). Quick 100 pip gain. The difference between this one and my previous trade ...

StewartR - I want my trading to be boring.

AudCad — Trend up Oscillator hooking BUllish bar off of 38% fib. I dont feel confident on this trade. Usually my gut feel is pretty good at keeping me out of poor trades. However the trade is on and now I wait. There is an enormous spread on ...

StewartR - I want my trading to be boring.

Re - entering on pull back vs breakout. — Also reviewed what would happen if I didnt enter on a pull back but entered on a breakout with the stop loss at a 61% retracement of the trigger bar. It works better than having the stop at the extreme ...

StewartR - I want my trading to be boring.

AudJpy — Not a normal trade. So its not getting my full position size and is displayed with a black background. AUDJPY 4 hour price has rapidly moved down to support Pin bar Oscillator hooking Coming into the asian session - hoping Aussies and ...

StewartR - I want my trading to be boring.

Short EurGbp — Black and white trades are not my normal trend method. However they represent what I believe to be high probability trades based on support/resistance and price action. 1. Daily chart - price is near a significant low and round ...

StewartR - I want my trading to be boring.

GU 4 hour double top — This is not my normal method which trades with the trend. This was an antitrend trade taken in a smaller live account with my MT4 broker. Entry reasons: 1. price went up to resistance without a decent pull back - so its ...

StewartR - I want my trading to be boring.

Bakuli — Hi Bakuli, It seems strange calling you bakuli after calling you by your first name for so long.... :-) You emailed me about my move to enter on 38% retracements of the trigger candle, and I have some comments I would like to share ...

StewartR - I want my trading to be boring.

Sam0182 — Hi Sam0182, Glad you are finding it helpful. I know its been really good for me too!

StewartR - I want my trading to be boring.

Thanks Chicky — Hi Chicky, Yes. While I made my biggest ever profit on yesterday's two trades, I think I really just doubled up on the same bet (ie 1 bet against the usd). I like your idea of continuing to spread the risk across multiple pairs ...

StewartR - I want my trading to be boring.

USDJPY - 4 hour — Buy Limit order placed at 38% retracement of pin bar. There were a lot of reasons to place this order. 1. Uptrend 2. Pull back to 38% of the uptrend 3. Oscillator hooking 4. 38% retracement coincided with prior resistance ...

StewartR - I want my trading to be boring.

Exited both the UC and Gu trades — GU +1.6R (331 pips) UC +1.6R (160 pips) Up 3.2R for R for the day. Comment: This daily GU and UC trade was effectively one trade. The setups were virtually the same. So in reality, I think I was trading a ...

StewartR - I want my trading to be boring.

gbpusd daily long — uptrend oscillator hooking from extreme pin bar entry on 38% pull back and targetting 2:1 Edit: trade progress. Bull back entry yielded an initial draw down of less than 30 pips. Moved s/l to break even when up 150 pips. ...

StewartR - I want my trading to be boring.

USDCAD short on daily — Daily pin bar + downtrend +oscillator turning entered on 38% pull back. targetting 2:1 Edit: result. Entry on pull back was excellent. It gave less than a 20 pip drawn down. I moved my TP to 1.1020 (just above the round ...

StewartR - I want my trading to be boring.