Socratesinc
USDMXN - Buy (10 pip scalp) 15 min time frame Saw another set up for this pair once again unfold. A little choppy, allow myself to go negative 37 pips overall before taking profit which is bad because at that point my emotions took over. But at the same I knew price was going to jump too test the 50 EMA and strength meter showed power in the dollar so I held my trade.
XAUUSD - Sell (15 min and 30 min confirmation)I go in detail in the chart as to what occurred. Fibs set up was perfect for an entry at all 3 levels, 62%, 70%, 79%. I personally only entered in at the 79% due to the volatility of this pair. 30 min time frame also confirmed this trade using institutional levels.
US30 - Buy (50 point scalp)Saw price break zone to the upside, ran my FIBS, got my profit and got out.
US30 - Buy (Scalp, Missed Trade) FIBS method During my process of mastering the FIBS method I have been going back and testing his method on every pair where I see a set up I missed, this being one of them. I go into detail on the chart about what occurred.
USDCHF - SellOct 7th @2pm EST we saw lower lows and lower highs being formed on the 4 hour and the one hour time frame. Set up our FIB layout and saw that price was at the 23% retracement point, entered in one position for a sell. The next morning as price continued to buy slightly we entered a sell limit order for the 38% retracement point which it touched perfectly, we will hold our position until we start to see a pull back.
GBPUSD - Buy (Buy limit missed by 2 pips)Missed this trade by 2 pips, set my buy limit just a little too low.
I set up my FIBS on the 4 hour time frame due to the volatility of this pair and also in was looking for a buy and hold longterm entry on this pair. Will be setting limits a little more above the % levels from now on.
USDCHF - Sell (Scalp trade, potentially longterm hold)At around 3/4 am EST this morning (Oct 12th, Mon.) I saw price retracing and set up my FIBS, saw a few good entries and placed my sell limits and went to sleep. Woke up to 17 pips in profit and might hold this trade long term. I will continue to update this trade.