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bion92 replied Aug 4, 2016Trading the day before NFP, as expected price was fairly slow today. Trades M1 chart for today. image image 1. Was in a downtrend before and price suddenly breached 112.75. Tried a short but got stopped out. 2. Price dropped almost to 112.50 so ...
Make Money Everyday - A Guide to Short-Term Trading
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bion92 replied Aug 3, 2016Price was trading in a range of 50 pips, should of probably tried playing with a range trading strategy and used a looser stop loss or alternatively just not trade. Trades image 1. Tried a short since it looked like it broke out of it's ranging ...
Make Money Everyday - A Guide to Short-Term Trading
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bion92 replied Aug 1, 2016Tried trading on Monday but it was pretty slow today. Trades Price was trading around a 50 pip range through out the day. image image 1. Shorted on the retrace. 2. Tried a short again on 114.25 but I closed early because price bounced around 114 ...
Make Money Everyday - A Guide to Short-Term Trading
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bion92 replied Jul 29, 2016Didn't actually start trading until 2 pm Frankfurt time due to other commitments, but I was tracking price during the day after BOJ didn't please the market. Actually quite a trending market when I entered, ideal conditions for me to trade. Also ...
Make Money Everyday - A Guide to Short-Term Trading
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bion92 replied Jul 28, 2016The market today was quite slow again today with a very small range. Trades The areas of interest remained pretty must he same as yesterday. 116.375 acted as a strong resistance during the Tokyo session and 116 was also a fairly strong support. ...
Make Money Everyday - A Guide to Short-Term Trading
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bion92 replied Jul 27, 2016Wanted to incorporate something new today after re visiting some past posts on this thread, I wanted to try and read price action on the charts. Was thinking that it would give me more information to make more informed trades but it's quite hard on ...
Make Money Everyday - A Guide to Short-Term Trading
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bion92 replied Jul 25, 2016I've seen this kind of set up, I think they call it engulfing bars or something. But yes I think you're right, it wouldn't really work with a small time frame due to all the false candles that can appear. I'll write that down and keep it for future ...
Make Money Everyday - A Guide to Short-Term Trading
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bion92 replied Jul 22, 2016Price traded in a range today, however I didn't really notice it until it was too late. Lost 4 trades in a row at the start which was quite tough to handle, but I left the charts running and monitored the session until London close. A few ...
Make Money Everyday - A Guide to Short-Term Trading
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bion92 replied Jul 21, 2016Pretty good day for price action today but my mental game was not on point today. When I sat down price rallied up quickly and had a couple of good entries. After that price consolidated so I stopped trading and just observed the market. However ...
Make Money Everyday - A Guide to Short-Term Trading
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bion92 replied Jul 20, 2016Really bad PA today, everything was really choppy. Really should of just turned off my computer and done something else. Trades image 1. Tried going short at 117.250 after price went down 2 legs and retraced back. Got stopped out. 2. Tried another ...
Make Money Everyday - A Guide to Short-Term Trading
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bion92 replied Jul 17, 2016@mongolian I've noticed that I don't need alot of pips a day to make money as long as I'm using a big enough lot size. If I can focus on a high probability winning entry then even 20 pips a day is enough money for the day. Still currently playing ...
Make Money Everyday - A Guide to Short-Term Trading
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bion92 replied Jul 15, 2016Pretty slow day today with the PA not being very clear during my trading time. During the Tokyo session it rose by 100 pips before a massive retrace. Frankfurt started and tried to reach 118.250 before declining again. I started trading between the ...
Make Money Everyday - A Guide to Short-Term Trading
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bion92 replied Jul 14, 2016Had to take a break from trading since I was sick from the weekend (also was playing too much pokemon go : D). Been focusing on taking only quality set ups today and it's worked out fairly well I think. Just need more practice to get a feel for the ...
Make Money Everyday - A Guide to Short-Term Trading
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bion92 replied Jul 10, 2016@enochben Yeah I'll stick with tick charts for now but range bars seem much neater. Might go back to MT4 if I don't like using tick charts. Also I'm going to be take things slower and focus on making good trades. Won't be able to trade until ...
Make Money Everyday - A Guide to Short-Term Trading
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bion92 replied Jul 8, 2016I didn't really have the opportunity to use the 34 SMA line today since it was so range bound I think. Just wondering if it still works for a 10 tick chart since there are so many nonsense candles in between each 12 pip move or should I use a higher ...
Make Money Everyday - A Guide to Short-Term Trading
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bion92 replied Jul 8, 2016I had to trade midway through the Frankfurt session today since I was playing table tennis with a friend ahahah. During the Japanese session the price hung around 111.75 and then dropped down to 111.125 and it hovered there when I started. Trades ...
Make Money Everyday - A Guide to Short-Term Trading
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bion92 replied Jul 7, 2016So I decided to trade before reading your advice on my trades yesterday and I feel pretty ashamed to repeat my mistakes today T.T. Anyway I've memorized the advice I've forgotten in the previous posts like entering on the 12 pip retracement and the ...
Make Money Everyday - A Guide to Short-Term Trading
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bion92 replied Jul 6, 2016Hey just got back from my trip and I've started trading. Since I'm starting off again I'm using 0.01 lot to improve my consistency and discipline before I play with larger lot sizes. I traded eur/jpy from Frankfurt open to close today. I felt like ...
Make Money Everyday - A Guide to Short-Term Trading
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bion92 replied Jun 16, 2016Hey guys I've just read through the entire thread over the last few days and I just want to say thanks for your reasoning and explanations. I only just gotten back into trading after a finally having some time from university (1 month break now) and ...
Make Money Everyday - A Guide to Short-Term Trading