Get started

Traderecap

NZD/JPY and CAD/JPY on watch for me today.Hi guys and girls. So I got involved in a long trade last night on CAD/JPY at just after 7:00 PM BST on the break of a tight fifteen minute flag which I posted a screenshot of just a moment ago, but I was then once again wicked out almost to the tick (never mind the pip) as the Asian Session opened. Unfortunately market manipulation as I've touched on before has been rife across the market as of late, regardless of how much regulation brokers are subjected to and particularly where the clear and obvious setups such as the ones which I look for are concerned because brokers obviously know where your stop loss is likely to be. But try and look for setups which aren't clear and obvious and I can assure from experience that your results will be far worse. So that's yet another loss for me, but I'm still massively in profit for the year and overall, at least by enough to justify the fact that trading is partly how I make my living. The amount I risked on this trade is the most I've ever risked on a trade where live trading is concerned, so the amount that I lost on this trade is therefore obviously the most I've ever lost on a trade too. But because I'm experienced and I've primed my psychology to deal with market manipulation and losses it has zero effect on my psychology whatsoever. If it did then I likely wouldn't have CAD/JPY on watch again which would mean that I would potentially be missing out on another glorious investment opportunity and that's why I tirelessly stress the importance of scaling your mindset before you try scaling your account. All we can do as traders is keep rolling the dice and we have an edge over the market as I do then over a large enough sample size of trades our edge will play out. NZD/JPY: • If price corrects and a tight one hour flag forms, then I'll be looking to get long with a reduced risk entry on the break of the flag. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair. CAD/JPY: • If price impulses up, it does so in a convincing manner and a tight one hour flag forms, then I'll be looking to get long with a reduced risk entry on the break of the flag. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair.
Long
by StewySongs
NZD/JPY and CAD/JPY on watch for me today.Hi guys and girls. Here's a quick trade recap from me before I post screenshots of the entries that I'll be looking for today... I got involved in a long trade last night on CAD/JPY at just after 7:00 PM BST on the break of this tight fifteen minute flag, but I was then once again wicked out almost to the tick (never mind the pip) as the Asian Session opened. Unfortunately market manipulation as I've touched on before has been rife across the market as of late, regardless of how much regulation brokers are subjected to and particularly where the clear and obvious setups such as the ones which I look for are concerned because brokers obviously know where your stop loss is likely to be. But try and look for setups which aren't clear and obvious and I can assure from experience that your results will be far worse. So that's yet another loss for me, but I'm still massively in profit for the year and overall, at least by enough to justify the fact that trading is partly how I make my living. The amount I risked on this trade is the most I've ever risked on a trade where live trading is concerned, so the amount that I lost on this trade is therefore obviously the most I've ever lost on a trade too. But because I'm experienced and I've primed my psychology to deal with market manipulation and losses it has zero effect on my psychology whatsoever. If it did then I likely wouldn't have CAD/JPY on watch again which would mean that I would potentially be missing out on another glorious investment opportunity and that's why I tirelessly stress the importance of scaling your mindset before you try scaling your account. All we can do as traders is keep rolling the dice and we have an edge over the market as I do then over a large enough sample size of trades our edge will play out. NZD/JPY: • If price corrects and a tight one hour flag forms, then I'll be looking to get long with a reduced risk entry on the break of the flag. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair. CAD/JPY: • If price impulses up, it does so in a convincing manner and a tight one hour flag forms, then I'll be looking to get long with a reduced risk entry on the break of the flag. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair.
by StewySongs
CAD/JPY, GBP/USD, EUR/JPY and USD/CAD on watch for me today.CAD/JPY: • If price pushes down to and ideally just below our rayline, then I'll be waiting for a convincing impulse back up followed by a tight flag and then I'll be looking to get long with a reduced risk entry on the break of the flag. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair. GBP/USD: • If price corrects and a tight one hour flag forms then I'll be looking to get long with a reduced risk entry on the break of the flag. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair. EUR/JPY: • If price pushes down to and ideally just below our rayline, then I'll be waiting for a convincing impulse back up followed by a tight flag and then I'll be looking to get long with a reduced risk entry on the break of the flag. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair. USD/CAD: • If price pushes up to and ideally just above the upper trend line of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If price only pushes up to and ideally just above our rayline, then regardless of how it does so I'll again be waiting for a convincing impulse back down followed by a tight flag and then I'll again be looking to get short with a reduced risk entry on the break of the flag. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair.
by StewySongs
2
CAD/JPY, EUR/JPY and USD/CAD on watch for me today.CAD/JPY: • If price pushes down to and ideally just below the lower descending trend line of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing impulse back up followed by a tight flag and then I'll be looking to get long with a reduced risk entry on the break of the flag. • If price only pushes down to and ideally just below our rayline, then once again I'll be waiting for a convincing impulse back up followed by a tight flag and then I'll again be looking to get long with a reduced risk entry on the break of the flag. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair. EUR/JPY: • If price pushes down to and ideally just below our rayline, then I'll be waiting for a convincing impulse back up followed by a tight flag and then I'll be looking to get long with a reduced risk entry on the break of the flag. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair. USD/CAD: • If price pushes up to and ideally just above the upper rayline of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing push back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair.
by StewySongs
1
NZD/USD, CAD/JPY and USD/CAD on watch for me today.NZD/USD: • If price pushes down to and ideally just below our rayline and the last part of the move is corrective, then I'll be looking to get long with a risk entry either after a phase line break, or just above a one hour rejection from it. • If price simply impulses up above the upper descending trend line of our most recent piece of structure, it does so in a convincing manner and a subsequent tight one flag forms, then I'll be looking to get long with a reduced risk entry on the break of the flag. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair. CAD/JPY: • If price pushes down to at least and ideally just below our rayline, or better still down to and ideally just below our lower descending trend line and the last part of the move is corrective, then I'll be looking to get long with a risk entry either after a phase line break, or just above a one hour rejection from it and if the first scenrario occurs then I'll be hiding my stop loss below our lower descending trend line for extra protection. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair. USD/CAD: • If price pushes up to at least and ideally just above our rayline, or better still up to and ideally just above our upper ascending trend line and the last part of the move is corrective, then I'll be looking to get short with a risk entry either after a phase line break, or just below a one hour rejection from it and if the first scenrario occurs then I'll be hiding my stop loss above our upper ascending trend line for extra protection. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair.
by StewySongs
1
USD/SGD, GBP/AUD, USD/CAD and EUR/JPY on watch for me today.USD/SGD: • If price pushes up to and ideally just above our rayline, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place this trade. GBP/AUD: • If price impulses down below our rayline and it does so in a convincing manner, then I'll be looking to get short with a reduced risk entry on the break of a subsequent tight flag. • If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place this trade. USD/CAD: • If price impulses down below our rayline and it does so in a convincing manner, then I'll be looking to get short with a reduced risk entry on the break of a subsequent tight flag. • If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place this trade. EUR/JPY: • If price impulses up above the upper descending trend line of our most recent corrective channel, it does so in a convincing manner and a subsequent tight flag forms, then I'll be looking to get long with a reduced risk entry on the break of the flag. • If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place this trade.
by StewySongs
4
CHF/JPY, USD/SGD, GBP/JPY and AUD/CHF on watch for me today.CHF/JPY: • If price pushes up to and ideally just above our rayline, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place this trade. USD/SGD: • If price impulses down below the lower ascending trend line which it's currently above, it does so impulsively and in a convincing manner and a subsequent tight one hour flag forms, then I'll be looking to get short with a reduced risk entry on the break of the flag. • If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place this trade. GBP/JPY: • If price impulses back up, it does so in a convincing manner and a subsequent tight flag forms, then I'll be looking to get long with a reduced risk entry on the break of the flag. • If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place this trade. AUD/CHF: • If price pushes down to and ideally just below our rayline, then regardless of how it does so I'll be waiting for a convincing impulse back up followed by a tight flag and then I'll be looking to get long with a reduced risk entry on the break of the flag. • If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place this trade.
by StewySongs
1
USD/JPY, GBP/CHF and NZD/CHF on watch for me today.USD/JPY: • If price pushes up to and ideally just above our previous high, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place this trade. GBP/CHF: • If price corrects and a tight one hour flag forms then I'll be looking to get short with a reduced risk entry on the break of the flag. • If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place this trade. NZD/CHF: • If price breaks above our higher time frame upper descending trend line, it does impuslively and in a convincing manner and a subsequent tight one hour flag forms, then I'll be looking to get long with a reduced risk entry on the break of the flag. • If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place this trade.
by StewySongs
EU Trade recap from Previous ForecastPrice has behaved exactly as expected so far this week and presented us with several opportunities. This was a clean short taken last night, exactly as forecast at the beginning of the week. Price pulled back to 50% of the main move down and then gave us a confirmation entry on the lower time frames. We are still in a higher time frame down trend, however price is getting slightly messier now. Hopefully we get a clean Asian runner short this afternoon to continue the Daily trend lower.
by Matt-The-Trading-Cartel
EU Trade recap from Previous ForecastPrice has behaved exactly as expected so far this week and presented us with several opportunities. This was a clean short taken last night, exactly as forecast at the beginning of the week. Price pulled back to 50% of the main move down and then gave us a confirmation entry on the lower time frames. We are still in a higher time frame down trend, however price is getting slightly messier now. Hopefully we get a clean Asian runner short this afternoon to continue the Daily trend lower.
by Matt-The-Trading-Cartel
EU Trade recap from yesterdays ForecastJust posting a quick analysis to follow yesterdays forecast. This trade set up just after the forecast that was posted yesterday. At the time the forecast was posted we were still in a down trend on the 15 and 5 min time frame, and we had a 1hr range marked on as the area to go agressive at. Because price had rebalanced to the 50% of this range we knew price could go early. The 15min trend change in pre london session was this indication and that is why we then placed this trade targeting the weak high that was mentioned in the forecast. This is a perfect example of adapting to the market and not waiting for the key 1hr range edge as the only area to trade from.
by Matt-The-Trading-Cartel
Trade recap from yesterdays ForecastJust posting a quick analysis to follow yesterdays forecast. This trade set up just after the forecast that was posted yesterday. At the time the forecast was posted we were still in a down trend on the 15 and 5 min time frame, and we had a 1hr range marked on as the area to go agressive at. Because price had rebalanced to the 50% of this range we knew price could go early. The 15min trend change in pre london session was this indication and that is why we then placed this trade targeting the weak high that was mentioned in the forecast. This is a perfect example of adapting to the market and not waiting for the key 1hr range edge as the only area to trade from.
by Matt-The-Trading-Cartel
GBP/CAD and EUR/NZD on watch for me today.GBP/CAD: • If price pushes up to give us a confirmed second top and then it pushes back down to give us a confirmed second bottom, then I'll be looking to get long with a risk entry after a phase line break on either the fifteen minute or the one hour chart if the last part of the most is corrective. • If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place this trade. EUR/NZD: • If price pushes up to and ideally just above the upper trend line of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If price only pushes up to and ideally just above our rayline, then regardless of how it does so I'll once again be waiting for a convincing impulse back down followed by a tight flag and then I'll again be looking to get short with a reduced risk entry on the break of the flag. • If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place either of these trades.
by StewySongs
EUR/JPY, USD/JPY and USD/CAD on watch for me today.EUR/JPY: • If price impulses down below the low of our most recent piece of structure, it does so in a convincing manner and a subsequent tight one hour flag forms, then I'll be looking to get short with a reduced risk entry on the break of the correction. • If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place this trade. USD/JPY: • If price pushes up to and ideally just above our rayline and the last part of the move is corrective, then I'll be looking to get short with a risk entry after a phase line break on either the one hour or the fifteen minute chart. • If price pushes up impulsively to and ideally just above our rayline, then I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. USD/CAD: • If price impulses up below the high of our most recent piece of structure, it does so in a convincing manner and a subsequent tight one hour flag forms, then I'll be looking to get long with a reduced risk entry on the break of the correction. • If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place this trade.
by StewySongs
2
💭 €4,300 In my sleep 💤 (recap)last night we executed a few trades prior to the New York market close and before we went to sleep, this morning many of those trades were in profit and one trade reached its Stop Loss while the other reached its Take profit. - FTSE SELL / STOP LOSS - XAGUSD SELL / TAKE PROFIT While the other trades, such as AUDUSD and GBPUSE were in a decent profit. Since the target of this account is 10% a day, the account has reached its target before we even started trading for the day! Questions are welcome and good luck!
by PrimedGroup
1
Tuesday Watch-list Overview Good evening everyone, This video is just to go into more detail on the charts I sent out into the group earlier today. We have been taken out of USDCHF for 25pip SL, well done to those who avoided the stop hunt. I'll still be looking for a short on the pairs as the USD is showing weakness across the board. The pairs are not yet breaking the previous days lows or highs, so this means they are in NO TRADING ZONES!!! Remain patient and wait for the setups to arise, you don't have to be in a trade all of the time. Our trade copier has banked over 2% today on USDJPY, do not feel pressured into trading, if you have funds in the copier let the algo do it's thing and focus on trading yourself. For anyone who would like more information on the paid services we provide at Alpha Trading Group, please leave a message in the comment section below. Trade safe everyone. #BecomALeaderBecomeAnAlpha
by AlphaTrading-Group