Reckoned it was about time to get involved today. EG h1 fits my kind of tap scenario to short.

Trading Journal (only my take)

I've now closed out 80% of the Gold trade and adjusted the stop on the remainder, everything safe now . I chose to give it a chance for a possible favourable gap down, no deal, so happy to take a big chunk now instead and let the rest run. It looks ...

Trading Journal (only my take)

I don't want to get too hung up on the different ways people trade. I will say, however, that any method used must have justification for the entry and the exit. In the case of "gridders" for example (no matter what form of gridding is being used), ...

Trading Journal (only my take)

Someone PM'd asking what method I use. I don't want to go into too much detail how I make my trading decisions, but I will say that time and price relative to the t/f I'm trading are probably the 2 most important ingredients out of the 4 (sometimes ...

Trading Journal (only my take)

I don't think it's a good time to take any new positions in the market at present. I can imagine that the US generals have measures in place, and it's not difficult to also imagine that their presence will be felt soon I'd expect in the form of a ...

Trading Journal (only my take)

So NK launched again then...you would have expected a bigger market reaction, and yet it was only retail trader reaction so far. This suggests to me that something else is afoot that we are unaware of right now, perhaps a US physical response in ...

Trading Journal (only my take)

It's been a surprisingly quiet days trading considering the number of red news events, and Thursdays are usually the moving day. A funky Friday could be in store instead...maybe there's some hot gossip in the pipeline that joe public hasn't been ...

Trading Journal (only my take)

At these kind of stages, trades are still highly vulnerable. The stops are designed to do their job and there's nothing needed to be done for now until the trades are in a profitable enough state, at which point of course some mm can then kick in. ...

Trading Journal (only my take)

The Gold and DAX trades (that one triggered perfectly for me) posted are both doing ok. We are nearly at crunch time I think, and I'm expecting some decent price moves, or even some indecent ones if it goes unfavourably for me lol. Should be an ...

Trading Journal (only my take)

Hi... thanks for your suggestion and yes, I am aware of TEs, but the only sure way to sift out the FTs is by applying the rules that I've laid out. A TE may well be an additional need in time, but for now the rules that I've mentioned are adequate ...

Trading Journal (only my take)

Looking at DAX, the underlying long term direction is up, daily is up, momentum is up and I therefore have a clear bias to long....and looks to me like any current short term retrace is an opportunity to buy. On that basis I now have a long PO in ...

Trading Journal (only my take)

About 50% of my orders are PO's, some trigger, some don't, those that do usually offer decent rr. Regardless, the same rules of engagement apply, and I use them when I don't have either the time or patience to stare at the screen all day. AN ...

Trading Journal (only my take)

As anyone viewing can probably see, I like to keep charts tidy, simple and containing only the information that I'm interested in, anything else unnecessarily added will only become a distraction. I happen to use a few different methods revolving ...

Trading Journal (only my take)

UC Daily has my interest for a long. I would like price to drop into the green circle kind of area first...one to keep an eye on for me. image

Trading Journal (only my take)

FT

THE only Pattern

OK...let me make it crystal clear. New people setting out on the road of trading are clueless usually. They see threads that show nothing but success all across the board, and not just here. They are sucked in with nothing but endless claims of ...

THE only Pattern

I have better things to do than reminding others. Your 99.99% figure is accurate btw, for this thread along with most of the others, and I don't believe anyone's claims at all unless they can back a trade up with evidence as I laid out. People can ...

THE only Pattern

Lol...yeah I know, but I'm looking forward to hearing some of the drummed up reasons from people why what I've said can't be done....should be interesting hahaha

THE only Pattern

Well...I guess we're back to talking trading again at least. But...a so called trade with zero evidence is a fantasy trade only. Needs for proof of trade (because words are not good enough to be believed) 1. Need a chart 2. Need the entry level 3. ...

THE only Pattern