USDZARWould have been the perfect trade to close this morning. Due to being too early I would've probably deleted the order by now. It's good to see the skills are quite sharp, just a bit eager.
Satrader
US100Finally has happened, thankfully it didn't trigger earlier so for now we stay watching and let it go.
US100This is what I am seeing and what I expect the market to do. Due to me taking the first trade on a small account, I have strict RR that only allows me to enter another trade either on completion of the previous trade/ it's TP becoming an SL. Which will still ensure me keeping the full amount.
US100I forgot that I had placed a Sell Stop on Thursday, so Saturday I saw that it had been triggered. Because I wasn't too sure why I had placed this, waited for market open and moved SL into profits. The gap jump we had also shows us that we could have a pullback, but for now we watching and waiting.
UJI didn't place the trade but I just forecasted and let it run. This was due to having a very hectic week but either way we learned and the new week could be either slow or on fire depending on the amount of traders entering the market this week.
GJI was closed out early, but left it to watch where and what it would do after all I was curious. Good to see patience still works and we need to keep refining
GJA bit late to enter the buy I waited for but those that have taken it, well done and very good spot. W/ Double Bottom, whichever you see I'll either wait for completion or pullback & consolidation whichever comes first before entering.
UJMinor Loss to wake up to, the day still has a lot of momentum we will be catching. Still in US30, which is covering our 15 pip loss.
US30If you scared and not sure close now and wait for the market to further develop. Those with a traders mind you will either move SL to BE or into profit. We're expecting a pullback which will and can punish everyone
US100 (South Africans Read The Comment)Due to the time I'm finding this setup, I do not advise it if you are South African. It's not really about the broker you are using but more of where you are located that'll affect you as a South African. Due to you having different lay-overs and different laws which favor brokers you can and will be stopped out of positions with SL's that are less than 1000 pips/points from entry. I would love to place this sell stop and go sleep but I'd rather place it tomorrow in the morning.
WATCH AND WAIT
UJPart of the new scalping strategy I'm testing. If it is inline with your trading plan then go for it but if not DO NOT DO IT. Plus overnight brokers are not the friendliest for South African traders.
SEE YOURSELF AS A HEDGEFUND MANAGER, THE SENIOR MANAGER HANDLING A FUND OF $10M/ R150M. Treat all accounts like that, the way you behave, the way your forecast and analyze, the way your set out goals (entry and exit points) and even what you feed your mind.
UJIf you can see it, you can but if you don't. 😂😂😂😂😂😂
I'm joking, this is a break retest and continuation in that after the candle close we will look for entries and enter all the way down.
US30Remember I said every few seconds it needs to be monitored, after the first post I was out after 3 minutes. I don't recommend such trades to anyone, these are for those that scalp less than 10 minutes and they have a RR which makes sense. I did it to test a new strategy I want to work on for scalpers who don't follow the same work we do?
US100Actually placed with no SL, this is a risky trade that needs monitoring every few seconds so I don't advise it unless you are going to put in a SL. The real confirmation will happen once it breaks the neckline of the inverse H&S, then we take a long till then stay out.
UJI've been waiting for this break. Now we wait for the retest and we place our buy stops above the retest. Until our retest is done, we stay watching and waiting.😂😂😂🔥🔥🔥
US30I didn't post this trade because I had literally 5 mins to open the charts, so I was only able to place the trade and the TP. Couldn't show it, but it followed all my rules and my trading plan hence I was able to.
UJI wanted to place this trade but because we took a loss earlier, we follow our rules so we just forecasted. Sharpening the skills doesn't stop even after a loss.
UJWhy this one hurts, is only because it tagged me in even though entry was at the neckline. It's alright, we manually close and prepare for the next move.
US30Exactly what we said ahead of time. If you got hurt, it has nothing to do with the market but more to do with not setting entry and exit points.
GJClose under this blue rectangle will result in a push all the way down. Even after the close down. we will wait for either an impulse downwards or retest which bounces and stays below.
US30You can either move your SL to BE or make your SL smaller, because if it decides to turn now best believe you will feel like your wasted your efforts. With the current structure we will keep pushing upwards and onwards.
UJJust as we are still waiting and watching, the moment is what we wanted. Those that know and trust their plans could have entered earlier, but because I have a busy day. I placed it the same way all basic traders should and follow textbook instructions.
