Update: Stopped out..

Start of my journey towards profitable trading with PA

Great! thanks! You use this to spot divergence, right? When price makes a higher high, and RSI makes a lower high (vice versa), that gives us more conviction to take positions, correct? And one more question: Why do you choose period 21 instead of ...

PA by Julexo

Hi Julexo, Would you be so kind to share the RSI indicator that your using? Thanks!

PA by Julexo

Update: Stopped out. Possible reasons of failed trade: Higher highs and higher lows showing an uptrend on the 30m chart. Have to really becareful and more picky at trading the short term timeframes. Very vulnerable to taking subpar trades. Not a ...

Start of my journey towards profitable trading with PA

New trade: GBPUSD Chart: image

Start of my journey towards profitable trading with PA

New Trade: EURUSD Chart: image

Start of my journey towards profitable trading with PA

It seemed it was true that the SL was way too tight for Yen pairs on a volatile day. my SL was hit almost to the pip, and look where price headed to now.. AUDJPY image EURJPY image Edit* both targets hit...

Start of my journey towards profitable trading with PA

New 30 min trades: AUDJPY image EURJPY image Edit* Perhaps price needs more room to breath. Anyhow, will adapt and learn slowly.

Start of my journey towards profitable trading with PA

Follow up: Getting accustomed to short term trading really is becoming a hindrance to my 1D trades, as I couldn't hold myself back from managing 1D trades based on lower TF's. Therefore, for now, I will focus more on 30 mins trades and see if I can ...

Start of my journey towards profitable trading with PA

Update: Triggered, and price brokethrough the D+W LCS/HCR level, and formed 2x 1H signatures of level as S. Don't like this price action, and with the current 1H & 4H downtrend, decided to manual close for 0.3R loss. image

Start of my journey towards profitable trading with PA

New Pending 1D trade: AUDUSD Buy limit @ 1.0407 SL @ 1.0376 TP @ 1.0465 Reasons: 1. DCC of S at D+W HCR/LCS level. 2. 2x fib confluences from recent swings (not shown) 3. RN 1.0400 confluence. image

Start of my journey towards profitable trading with PA

Finally, first profitable month. Patience is virtue. 2 more months to go!! Edit: I like the total pips earned. image

Start of my journey towards profitable trading with PA

Oh well, this tells me "MORE SCREEN TIME".

B.S. Trading with Kenneth Lee

Perhaps I mistake the "pointing downwards triangle" as sell entries rather than manual closing your long positions.

B.S. Trading with Kenneth Lee

Understood and agreed. Thanks for the reply. I really like the way you interpret things, and make it really simple and logical. Perhaps I will follow your layed out system in the PDF, and the way you trade, before understanding the more ...

B.S. Trading with Kenneth Lee

HI Ken, Just out of curiosity, these 2 losing trades totaled up for a 50 pips loss. Does that mean you lost 10% of your account here? since 100 pips = 20%? Or you lowered the trading size to accomodate the larger stop size? Just wondering... ...

B.S. Trading with Kenneth Lee

Hi Ken, 1 question: image

B.S. Trading with Kenneth Lee

Hi Ken, Another example of a high risk SL, which turned in your favor. May I know how you actually choose your SL levels? As your "romancing the stop" pdf suggested that you WANT to be stopped out above the supply area where you could SEE on the 30 ...

B.S. Trading with Kenneth Lee

stopped out. Perhaps it's because of Friday. Anyway, entry was good. I think I have to work more on my exit now. image

Short term trading journal

Update: Had almost 0 drawdown, and price moved nicely towards my TP. missed it by 2 pips awhile earlier. SL moved to new supply zone. image

Short term trading journal