It's 2 separate accounts. 3% on account balance over 15 pips and 2% of the other account balance over 10 pips. Comes out to about 1% over ten pips each if you take into consideration both accounts. Give or take 0.2% this quarter. I keep the two ...

The 5 minute TF S&R trading system

1st trade image 2nd trade image Above chart is the 2nd trade setup. I got out at +11 because price started stalling just above the previous high so i took my profits.

The 5 minute TF S&R trading system

And don't forget that the lows of those pins also provided the lowest risk highest reward entry. There were so many of them it was hard not to see the entry there. This type of entry is what i build my trading career around.

C-12's Supply, Demand and PA thread

Decided to close it at +11 up 4% for the day. Update: Price would have hit my 15 ..... but i'm still up 4%

The 5 minute TF S&R trading system

Stops at BE lets see if it hits profits

The 5 minute TF S&R trading system

I prefer the charts. I see what you mean when you speak of the supply near 1.3406 but i don't see the significance of 1.3231.

Looking at SD on 5 min charts

Generally, use whatever time frame you can see your entries and profit targets the clearest with the most success. Different people like different time frames and have varying level of success (or non at all). Now, you have yet to gain success with ...

Looking at SD on 5 min charts

If price is going places it hasn't been in a very long time then i'm sure price is trending in that direction. Most of the really old levels will serve as stopping points as price trends past them. Bounces from higher time frame levels sometimes ...

Looking at SD on 5 min charts

I don't use pivs. I just look for big clean moves and wait for price to return to the area and channel a bit. Then i get in at the edges of that channel in the direction of the original move.

The 5 minute TF S&R trading system

BE as well but i took the move down to BE from a SD zone so i'm up 10 pips

The 5 minute TF S&R trading system

Here's another observation, it's gonna be another busy year

GLJ

Definately enough room there image

The 5 minute TF S&R trading system

It's good to be aware of the simple highs and lows of the daily and weekly time frames. It helps me have a better understanding of the overall picture.

The 5 minute TF S&R trading system

and there's the profit, although i was in from 33500

The 5 minute TF S&R trading system

Weekly image Daily image 4hour image 30 minute image 5 minute image Does it make sense now?

The 5 minute TF S&R trading system

I appreciate your words. I've been a little jumpy in general, mostly outside the markets. It's really a feeling of unease. I used to play pool in a league but i don't have the time to play anymore. Haven't played in over 4 months. Used to work out ...

The 5 minute TF S&R trading system

Yeah i'm buggin. I'll take the win but in review it was a bad trade. Shouldn't have taken it on the news candle and plus i should have taken it from 3104 as per my rules. Gonna do a little self evaluation, been a bit jumpy lately. image

The 5 minute TF S&R trading system

Just logged on to catch the 3109 buy. quick +15

The 5 minute TF S&R trading system

At 10 pips i move my stop to break even. At 13 pips i move my stop to 10 pips, at 14 pips i move my stop to 13 pips. Moral of the story is don't be afraid to take it early!

The 5 minute TF S&R trading system

Daughter won't go to sleep.

The 5 minute TF S&R trading system