why was the spike broo
RM
Make More Money - Eliminate DRAMA 11 replies
Just posting my trades, everyone is welcome but no drama 2 replies
Disliked{quote} Oh I agree about the over leveraging. Most view trading as a get rich quick scheme. Managing trades per capital is the key. 1% risk is on the high side for me already. Most newer traders will see that as far too small. The key is if you can turn a profit. Grow the capital. It will snowball and become a money maker. The problem is, the average person does not want to do the work to get to that stage. I always look at % gain or loss instead of $$ gained or lost. That was the biggest mindshift for me. Helped big time for positivity. I...
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DislikedGood Morning Fellow Ambitious Gold Traders! Yesterday was interesting, was thinking short, but my algo caught the massive upswing with the data release, making it an excellent day. $XAU always surprises. Strategy for me has changed to exclusively the 30 minute chart for London and New York, and the 15 for Asia. Whichever direction they are pointing, that's where I'm going. This 'chop' regime we've been in for almost a couple months now seems to really love the 30 minute. Having excellent success with this - the only thing is when I get in the way...Ignored
Disliked{quote} I said before expect some sort of test you sold right on an untested IOF demand there is 100% likely to be UFO's (unfilled orders) sitting there from institutions the only probability you had was Daily down trend in your favour but you are selling in a big ass demand zone the only reasonable sell I see is that untapped daily/4h supply around 125 but that's just me {image}Ignored
Disliked{quote} Oh I agree about the over leveraging. Most view trading as a get rich quick scheme. Managing trades per capital is the key. 1% risk is on the high side for me already. Most newer traders will see that as far too small. The key is if you can turn a profit. Grow the capital. It will snowball and become a money maker. The problem is, the average person does not want to do the work to get to that stage. I always look at % gain or loss instead of $$ gained or lost. That was the biggest mindshift for me. Helped big time for positivity. I...
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Disliked{quote} so u say is today buying day if it creates high then the accumulation boxIgnored
DislikedAt the immdidate past sessions 4019, 4059 and 4054 were the critical points in London, New York and Asia respectively. For consistency, 4032 (we'll get there soon enough) should do the same at this London session. Let's seeIgnored
Disliked{quote} poker used to be very big about 15-20 yers ago....they showed tournament play on almost every tv channel back then. i never played the game but i liked watching it and to this day i remember a interview of one guy who said i dont think of the chips as being money cause then i wouldnt be able to make a sane decision pushing in a million dollars making a call or raise that answer always made sense to me and thats why people trading with their grocery money will always fail.cause all they think about is their money to this day my main psychological...Ignored
Disliked{quote} Advanced level for a trader 1.Consistency 2. Obsession 3. Addiction You will find the answer about obsession and addiction after consistency. It's about timing reward. Steep 4 is freeze account by broker. IMHOIgnored
Disliked{quote} Every single TF has its own target. Movement will be informed/signed by M1, after M1 ends, it must refer to M5. M5 end must refer to M15. Every end TF will be the next proposal/price offering for the biggest TF. If not happen, it repeats and starts again with M1. IMHOIgnored
DislikedBUY and lossen stoploss, had so many pips in bag, risk it some is okay {image}Ignored
Disliked{quote} Prices will go higher if consistency above 4034. Rally Base Rally. Beginning of a liquidity void without confirmation. IMHO.{image}
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Disliked{quote} I base my trades on extensive backtests. The M1 really has zero influence on M30 or M15 trades, for me anyways. I use a combination of the M1, M2 & M3 for range trading (like right now) as a 'side hustle' - small size, quick turnover. If you run backtests for the last 6 weeks you'll find the M30 during London & Asia is excellent PF, and Asia M15, decent PF. MONDAY M30 NY - 4073->3989 (clean slow move) TUESDAY M30 LONDON - 3981->4028 (trailing stop into the NY session, small pullback ahead of bigger moves up) TUESDAY M30 NY - 4014->4100 (so...Ignored
Disliked{quote} That is My TP target , below 4135 Gonna be very busy Mentoring and Remote Guidance with Someone, and add another Manage Account. Boring but Profitable. I'm gonna slow and off for a few Days {image}Ignored