Multitimeframe is confusing for me, now I trade only 1m timeframe and post in here sjmr2 | Forex Factory How do I automate this ? image

Focus on Process

Good, you are right, more 1m TF trades ( naked charts only ) we have in here more we can learn. I keep my analysis and trades in your thread. Scalping 1m chart is powerful, some say that is noise, but as I have downloaded all your charts up to page ...

sjmr2

Patience and pick good level, Stop 13 ticks RR 1.9 I post too much in here. On Monday I re-continue my own journal. image

sjmr2

As Senjamerah said when you have lot of screen time you start to see things. Breakout short with 11 tick stop. RR 1.8 image image

sjmr2

Gold prices for futures and CFDs are bit different. Toke trade on next candle. It toke for a while to work out. Target potential resistance to support level from the past. image Learning to trade breakouts. One was mistake, last one okey. image

sjmr2

It was not the best breakout candle for longs but next level above was reached. image

sjmr2

What makes number 2 weak ? Candles size or its it more the candle location ? With eye candles 2,3,5 are same size. Candles sizes: 1 = 1.38 / 2 = 1.0 / 3 = 1.12 / 4= 1.38 / 5 = 1.07 image

sjmr2

What is better optimistic target or "sure thing" closest resistance ( was reached this time ) ?

sjmr2

Trading breakouts take lot of waiting. New levels to form to breakout from. After good movement at 2 hours of London open we are stuck in range. In 2 hours CPI, not sure good setup before it but my plan is following. Plan is always changing when new ...

sjmr2

Breakout long with 22 tick stop. image Target bit before potential support to resistance level. image

sjmr2

Toke one more breakout and got paid. Gold really weak. Yes this time stop was bigger, 34 tick. Got 1:1 out of trade. In the end of move candles are getting bigger. image

sjmr2

Breakout short with 19 tick stop. Will it work lets see. image Short trades are better, you get paid quicker. As they say, escalator up, elevator down. image

sjmr2

Breakout short - toke long but it finally got to target. Toke class of water, perfect entry should have been one candle earlier. image

sjmr2

Works with DOW ( US30 ) too. Breakout short. image

sjmr2

In here yes but image

Price Action Trading (PAT) - Amplifying Market Insights

How big is out stop usually ? Breakout you marked has max 1.5 point stop.

sjmr2

If you mean last trade then I have story for you First you wanted to see if price can trade though mini range area 1. Then mini range area acted as resistance. And look that tail 2, so many trapped buyers and candle closed almost at low. Most ...

sjmr2

We can debate what is better price : - Price that is closer to the support for long trade - Or price above resistance (bears in trouble) that takes trade quickly to target with minimal drawdown. You are right we must trade in a way that makes sense ...

sjmr2

I depends where you place it ( I was also fan of bigger stops) . Most Senjamerah stops for breakout trades are actually tight, only 1 candle, size of the breakout candles is enough. For me breakout trades is wrong when price pulls back into ...

sjmr2

One more breakout short. Yes 1st target was close but as trend was down I went for next target. Closest horizontal is a "sure thing" and second horizontal from price "maybe thing" when gold is in trend. image

sjmr2