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- phoenix777 replied Jan 30, 2023
Thank you for your clear explanation. Regarding risk reward ratio, how you determine the potential reward. image Do you think below is the proper level identification? I think in this case, it is the clear leg kind of trade image
- phoenix777 replied Aug 25, 2022
Reason why you should trail your stop (let your profit run). image
- phoenix777 replied Mar 16, 2022
image Look at how smooth is this transition
- phoenix777 replied Feb 18, 2022
it's hard to explain it. The key thing is momentum. you only need to follow the flow. but make sure you pick a trade setup that has high probability, thigh stop loss, and large profit potential image you see this recently closed trade, i don't ...
- phoenix777 replied Feb 18, 2022
Don't underestimate small pips image
- phoenix777 replied Feb 10, 2022
image it could be better
- phoenix777 replied Feb 9, 2022
image If we are patient, there will be many good setup trading short time frame
- phoenix777 replied Dec 8, 2021
Hi Veni and Jens, Would you take the same trade? Where would you put your positive stop loss after price reversing? My earlier plan is to put SL to BE once it reverses, but as we can see, the price suddenly move against it, which will stop my trade ...
- phoenix777 replied Sep 30, 2021
I don't have that strong mentality, I'm quite happy with the luxury of being a short time trader, whenever i reach my target, then it's done. For me, longer time in the market makes me more vulnerable, i'm just a small fish btw today is another easy ...
- phoenix777 replied Sep 29, 2021
sometimes i think it's not hard to reach your daily target, stop trading after reaching your target is harder image daily target is 20 pips, now i need to close my trading platform and FF. See you tomorrow
- phoenix777 replied Sep 28, 2021
me too image it's always so fun making money in short time, then you can spend the rest of your day doing something else. Life is not only about trading.
- phoenix777 replied Mar 29, 2021
image 2nd trade loss Should have waited for breaking of last support to confirm reversal image Price move sideway, so better close the trade image Sometimes, it's hard to accept loss when you see price action was not right anymore, but you have ...
- phoenix777 replied Mar 29, 2021
image 1st trade on new week. Price looks hard to break that resistance, so just closed it. But after I closed the trade, it moved higher
- phoenix777 replied Mar 26, 2021
image last trade for today, since its Friday and despite of my stupid trade on UJ where i lost quite big pips, at the end i managed to get net positive balance.
- phoenix777 replied Mar 26, 2021
image Market ranging, sell from tested resistance, unfortunately exit too early. Closed when it reached last support. Still don't know how to deal with this condition, sometimes if i didn't close when it hit tested level, then it will reverse
- phoenix777 replied Mar 26, 2021
image I don't know if my entry was to early or not, but i went long as soon as i saw rejection from support I closed the trade purely based on gut feeling, when i saw that big green bar, i knew it will retrace soon, so i just closed it.
- phoenix777 replied Mar 26, 2021
My signature move.. image This way of trade is what makes my balance go 0 numerous times. Once again, psychological aspect that i have to fix immediately Try to catch a reversal that will fill the long green bar. But didn't make it. I ...