Hi Jozone1, I know exactly how many pips can I lose in higher time frame (30m and above), so I use fix % risk and calculate lot size appropriately. M5 is so quick so I use fix lot size for each currency pair combine with maximum pip loss. % Risk is ...

Intraday price action trend trading

You are right Gravi. Market is always right. My exit is not good and need to be improved more and more. I firstly focus on entry and then manage the trade effectively. IMO, the road of successful trader is as below: Big Loser -> Small loser -> ...

Intraday price action trend trading

GBP/JPY short Entry: Outside bar image Trail SL image Stopped at BE image

Intraday price action trend trading

USD/CAD short Entry: Outside bar image Trail SL image Close: +1p <- Bad exit image

Intraday price action trend trading

Charts were recorded an hour a go (13h15-13h30 GMT) image image Don't know why. I'll stop trading now. Don't want to get caught of these problems

Intraday price action trend trading

Spread widening Do you have this problem? My broker's spread of major pairs (e/u, g/u, a/u, u/cad) is usually around 1-3 pips. But there is some abnomal spread in 30 minutes recently (5-8 pips or more). Is there any big news at this time. It seems ...

Intraday price action trend trading

Price ups and downs together a little momentum, if yes there is not any confirmation. Waiting , waiting and waiting

Intraday price action trend trading

Hello everyone, My first trade today: EUR/JPY short Entry: pin bar counter trend, momentum exhausted image Trail SL image Stopped at BE image Should I consider 1:1RR in counter trend? I am off now. See you in NY session

Intraday price action trend trading

EUR/JPY short. Entry: Momentum change image Trail SL image image Close: +14p (1:1) image Although it was a winner but it was not a really good trade. Momentum was slow. Maybe I was lucky

Intraday price action trend trading

Yes, bouba. It looks like HS image How about the opposite side, it could be Double bottom pattern image Everything can happen. We don't need to guess what it will be. Let's the market speaks first. Let's the market do its job. If it wants to ...

Intraday price action trend trading

Other trade come together, maybe market pays for my patience CAD/JPY short Entry: We can see how Fibonacci (0.618) works image Momentum was strong. Price almost hit TP when I was sleeping. Trail SL, protect myself first image TP:+77p ...

Intraday price action trend trading

Trading is boring. It's not fascinated as it looks. Try to overcome this feeling. Don't force yourself to take a trade without a solid set up. Don't overtrade. I almost went home without any trade and it appeared. So I took the trade and get nice ...

Intraday price action trend trading

I Think you have had a better feeling of order flow. However the R:R is so poor (3risks or more for 1 reward?). You'll need over 80% win/loss ratio to make money with this R:R. We all know that any things can happen, any trade can be winner or ...

Intraday price action trend trading

EUR/USD long Entry: Counter trend but there was strong momentum + pin bar image Trail SL (I was lucky. Price almost hit my SL but it didn't) image Closed: +14p image I am off now. See you at NY session

Intraday price action trend trading

Don't worry loog12us. Learn to protect ourself first, the others will follow later. There are many trades are waiting for you

Intraday price action trend trading

GU chart image Side ways in M5. IMO we should stand aside. If you are in the trade, try to move SL to BE around 1.5765-1.5760 Good trading guys!

Intraday price action trend trading

I am monitoring GU too (M30), however price gets some supports at 1.5760 and london session will close in next hour (2nd half of NY doesn't have a lot momentum) so I pass this trade image

Intraday price action trend trading

Hello everyone. My first trade today: GBP/JPY short Entry: pre support -> resistance, pin bar image Minimize SL image Closed at 122.25 (+12p) image

Intraday price action trend trading

Nice trade Boufa, it seems 1:2 RR . How did you define your entry?

Intraday price action trend trading

GBP/JPY short Entry: pin bar at previous support image Stopped: -6p image 2 losses in a row. I will stop trading if next trase is the loss one

Intraday price action trend trading