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  • #61
  • Dec 5, 2025 1:47pm Dec 5, 2025 1:47pm
Friday 5th Dec. 2025
GOLD
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  • #62
  • Dec 5, 2025 5:19pm Dec 5, 2025 5:19pm
Quoting stevepatt
Friday 5th Dec. 2025 GOLD {image} {image}
Hi, Steve

As usual, your strategy is very solid and intuitive. I really appreciate your daily postings with sample charts. That's really helpful to me indeed.
By the way, it looks like you don't need a bullish or bearish candle any more before you pull the trigger. Break of BoS structure and then some reasonable pull-back is now enough for you to enter? As far as I remember you was waiting some bullish or bearish hints before you entered in the past.

Thanks,
Justin
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #63
  • Dec 6, 2025 3:46am Dec 6, 2025 3:46am
Quoting heispark
{quote} Hi, Steve As usual, your strategy is very solid and intuitive. I really appreciate your daily postings with sample charts. That's really helpful to me indeed. By the way, it looks like you don't need a bullish or bearish candle any more before you pull the trigger. Break of BoS structure and then some reasonable pull-back is now enough for you to enter? As far as I remember you was waiting some bullish or bearish hints before you entered in the past. Thanks, Justin
Hi Justin,
You are correct I was always looking for a Candle to Confirm my Entry into a Trade.
Now I will use Limit Orders to Enter Trades Directly from my Level of Interest.
Take a look at the Charts hopefully it makes things a bit clearer
Attached Image(s) (click to enlarge)
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  • #64
  • Dec 6, 2025 6:59am Dec 6, 2025 6:59am
Quoting stevepatt
{quote} Hi Justin, You are correct I was always looking for a Candle to Confirm my Entry into a Trade. Now I will use Limit Orders to Enter Trades Directly from my Level of Interest. Take a look at the Charts hopefully it makes things a bit clearer {image} {image}
Thank you Steve for details. So, do you see your new shoot and forget style better fits your PnL in the end? Or you do this just because you're busy with your daily job? I remember you used to actively manage your trades and killed some bad trades at BE before they hit stop losses...
Thanks,
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #65
  • Dec 6, 2025 7:28am Dec 6, 2025 7:28am
Quoting heispark
{quote} Thank you Steve for details. So, do you see your new shoot and forget style better fits your PnL in the end? Or you do this just because you're busy with your daily job? I remember you used to actively manage your trades and killed some bad trades at BE before they hit stop losses... Thanks,
Hi Justin,
At one point I found I was Exiting Trades at BE+ far too much and it was affecting my PnL.
Now I actively try not to Interfere with Trades unless there is a Very Good reason to do so.
By limiting my Interference, with Trades, my PnL has Improved.
I think, Long Term, a Enter and Forget Strategy will work best unless, like I have said, there is a good reason to Exit.
  • #66
  • Dec 7, 2025 8:34am Dec 7, 2025 8:34am
For those that are interested I won't be posting for next 11 days.
I've got family stuff to sort out and will be away from home.
  • #67
  • Dec 8, 2025 12:52am Dec 8, 2025 12:52am
Monday 8th Dec. 2025
GOLD Pending Long Trade

This will be my last post until the 18th Dec.
Attached Image(s) (click to enlarge)
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  • #68
  • Dec 9, 2025 8:15am Dec 9, 2025 8:15am
Quoting stevepatt
For those that are interested I won't be posting for next 11 days. I've got family stuff to sort out and will be away from home.
Hope all's well Steve GL
  • #69
  • Dec 18, 2025 9:17am Dec 18, 2025 9:17am
Thursday 18th Dec. 2025
GOLD

I wasn't around when the possible Short Trade Triggered
Attached Image(s) (click to enlarge)
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  • #70
  • Dec 19, 2025 6:18am Dec 19, 2025 6:18am
Friday 19th Dec. 2025
GOLD
Winning Short Trade +130 Pips +2.16R

GOLD Shoort Trade
Attached Image(s) (click to enlarge)
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  • #71
  • Edited 7:36am Dec 22, 2025 3:59am | Edited 7:36am
Monday 22nd Dec. 2025
GOLD
More Observation probably won't be Trading today
Attached Image(s) (click to enlarge)
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  • #72
  • Edited 12:42pm Dec 22, 2025 10:35am | Edited 12:42pm
Monday 22nd Dec. 2025
GOLD
Attached Image(s) (click to enlarge)
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  • #73
  • Edited 3:41am Dec 23, 2025 12:51am | Edited 3:41am
Tuesday 23rd Dec. 2025
GOLD

Short Trade Triggered @ 4479.64
Losing Short Trade (-80) Pips (-1R)
GOLD Pending Long Trade @ 4478.43
Attached Image(s) (click to enlarge)
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  • #74
  • Dec 27, 2025 11:03am Dec 27, 2025 11:03am
Saturday 27th Dec. 2025
GOLD
I think I have found an effective way to Trade this Method Mechanically. With little Ambiguity.
By incorperating a Fib. I have found a Consistant Way to Enter Trades.
If anyone is interested in trying this I suggest doing a lot of Back Testing to make it Work for YOU.
My Edge is in the Numbers I don't worry about an Individual Trade Result I am only interested in the Statistics after a Minimum of 10 Trades, far better looking at Batches of 100 Trades.
Any questions please ask.
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  • #75
  • Edited 7:46am Dec 29, 2025 2:17am | Edited 7:46am
Monday 29th Dec. 2025
GOLD
Pending Short Trade @ 4491.74

EDIT: Amended Pending Short to 4475.10
EDIT Short Trade Triggered @ 10:44am (UK Time)
Short Trade Result +190 Pips +2.11R

This will WORK over TIME Individual Trades aren't Significant.
It takes Batches of 10, 100 Trades before you start to see the True Trade Statistics
Attached Image(s) (click to enlarge)
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  • #76
  • Dec 29, 2025 8:01am Dec 29, 2025 8:01am
Quoting stevepatt
Monday 29th Dec. 2025 GOLD Pending Short Trade @ 4491.74 EDIT: Amended Pending Short to 4475.10 EDIT Short Trade Triggered @ 10:44am (UK Time) Short Trade Result +190 Pips +2.11R This will WORK over TIME Individual Trades aren't Significant. It takes Batches of 10, 100 Trades before you start to see the True Trade Statistics {image} {image} {image} {image} {image}
Hi, Steve
As usual, it's an excellent example to motivate many learning traders. I really appreciate that. Regarding the first pending short order which wasn't triggered, did you use negative R:R? That looks unusual. Can you please elaborate on this?
Thanks!

Attached Image (click to enlarge)
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Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #77
  • Dec 29, 2025 8:49am Dec 29, 2025 8:49am
Quoting heispark
{quote} Hi, Steve As usual, it's an excellent example to motivate many learning traders. I really appreciate that. Regarding the first pending short order which wasn't triggered, did you use negative R:R? That looks unusual. Can you please elaborate on this? Thanks! {image}
Hi Justin,
The first Pending Short Trade, that Failed to Trigger, had a (-90) Pip Stop and a +190 Pip +2.11R Target.
After Price Breaks and Closes through Structure, be it Minor or Major Structure, ( Better if it is Major) Price will often, but not always, Return to Test the 50% to 75% of a Fib. High to Low.
I set a Pending Order Mid Way @ 62.5%, of course it is far better to put the Stop the other side of Structure but, as in this case, placing the Stop the otherside of Structure would have made it far too BIG.
I try to use a Maximum of (-90) Stop Loss.
I must admit it is FAR Better to, at least, have the Stop beyond 75% of Fib. Level, like the Trade that Triggered.
I was finding it difficult to find a CONSISTANT Point to Enter Trades.
By doing this I make my Trading as Macanical as Possible, it gives me a CONSISTANT Point (62.5%) to Enter my Trades
I suggest for anyone interested they go and do some Back Testing I have only tried it with GOLD.
Everyone has to make it their OWN
I do think Long Term it will be Profitable way to Trade.

EDIT: Added another Chart of course Nothing is Guranteed in Trading just Watch and Observe
Attached Image(s) (click to enlarge)
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  • #78
  • Dec 29, 2025 9:42am Dec 29, 2025 9:42am
Quoting stevepatt
{quote} Hi Justin, The first Pending Short Trade, that Failed to Trigger, had a (-90) Pip Stop and a +190 Pip +2.11R Target. After Price Breaks and Closes through Structure, be it Minor or Major Structure, ( Better if it is Major) Price will often, but not always, Return to Test the 50% to 75% of a Fib. High to Low. I set a Pending Order Mid Way @ 62.5%, of course it is far better to put the Stop the other side of Structure but, as in this case, placing the Stop the otherside of Structure would have made it far too BIG. I try to use a Maximum of...
Thank you very much for the details Steve!
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #79
  • Dec 29, 2025 10:16am Dec 29, 2025 10:16am
GOLD

Lets see how things play out....
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  • #80
  • Dec 29, 2025 10:53am Dec 29, 2025 10:53am
GOLD
It's a matter of which Scale we are Trading at
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