AGold54

AGold54 Updated 

Price is above the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and Great RRR. 2 Potential entries (it is one or the other, not both) Entry = 1.8880 Stop = 1.8860 Risk = 20 pips Profit target = 1.9058 ( The projected daily high ) Reward = +178 Pips RRR = 8.9 - 1 2nd Entry = 1.8950 Stop = 1.8925 Risk = 25 pips Profit...

AGold54

Trading before News News is a fact of Forex trading and while their are several ways to trade the Actual release and it's aftermath, today I want to focus on trading before the News. Understand that the decision to enter the market before News is a conscious one and you don't have to do it. Prime examples are days where interest rates, for a currency you...

AGold54 Updated 

Price is below the Daily, 60 and 15 KS as well as the cloud. This is a Post News/Type 1 trade with a High probability and good RRR. 2 Potential entries (it is one or the other, not both) Entry = 1.7825 Stop = 1.7845 Risk = 20 pips Profit target = 1.7670 ( The projected daily low ) Reward = + 155 Pips RRR =7.75 -1 2nd Entry = 1.7756 Stop = 1.7781 Risk = 25...

AGold54 Updated 

Price is below the Daily and 15 KS (but above the 60 KS) as well as the cloud. This is a Type 2 trade with a High probability and good RRR. Entry = Sell on a CLOSE be low the 60 KS (127.153 Stop = ?? Risk = 25 pips Profit target = 126.12 ( The projected daily low ) Reward = Approx 101 Pips RRR = 5-1 I would appreciate if you leave a comment or like as a...

AGold54 Updated 

Price is below the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR. 2 Potential entries (it is one or the other, not both) Entry = 127.62 Stop = 127.82 Risk = 20 pips Profit target = 125.85 ( The projected daily low ) Reward = +177 PIps RRR = 8.85 - 1 2nd Entry = 126.48 Stop = 126.78 Risk = 30 pips Profit...

AGold54 Updated 

Price is below the 60 and 15 KS as well as the 15 cloud. This is a Type 1 trade with a High probability and good RRR. 2 Potential entries (it is one or the other, not both) Entry = 1.8053 Stop = 1.8073 Risk = 20 pips Profit target = 1.7826 ( The projected daily low ) Reward = +227 Pips RRR = 11.5 - 1 2nd Entry = 1.7925 Stop = 1.7955 Risk = 30 pips Profit target...

AGold54 Updated 

We have a nice bullish move in this pair, so we will look to get in on a pullback. This is an MA trade with a High probability and Good RRR. Entry = 1.8113 Stop = 1.8093 Risk = 20 pips Profit target = 1.8173 Reward = + 60 Pips RRR = 3-1 * understand that this entry is based on a moving Average, so it will...move. I will update before it is triggered. **Once...

AGold54 Updated 

Trade Review and Documenting Most successful traders review and document their trades, unfortunately, alot of new traders do not. "what's done is done, can't change it...." while that is true, you can, and imho must , learn from them. Each afternoon, whether I take a trade or not, I review the market and my potential set-ups, executions, and trade completions....

AGold54 Updated 

Price is below the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR. 2 Potential entries (it is one or the other, not both) Entry = 1.1938 Stop = 1.1958 Risk = 20 pips Profit target = 1.1848 ( The projected daily low ) Reward = +90 Pips RRR = 4.5 -1 2nd Entry = 1.1885 Stop = 1.1910 Risk = 25 pips Profit...

AGold54 Updated 

Price is below the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR. 2 Potential entries (it is one or the other, not both) Entry = 129.40 Stop = 129.60 Risk = 20 pips Profit target = 128.16 ( The projected daily low ) Reward = 124 Pips RRR = 6-1 2nd Entry = 128.50 Stop = 128.75 Risk = 25 pips Profit target =...

AGold54 Updated 

Price is below the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR. 2 Potential entries (it is one or the other, not both) Entry = 1.2125 Stop = 1.2145 Risk = 20 pips Profit target = 1.2043 ( The projected daily low ) Reward = +82 Pips RRR = 4-1 2nd Entry = 1.2084 Stop = 1.2109 Risk = 25 pips Profit target =...

AGold54 Updated 

Price is below the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR. 2 Potential entries (it is one or the other, not both) Entry = 1.7672 Stop = 1.7692 Risk = 20 pips Profit target = 1.7572 ( The projected daily low ) Reward = + 100 Pips RRR = 5-1 2nd Entry = 1.7616 Stop = 1.7641 Risk = 25 pips Profit target...

AGold54

Measuring Success and Goals As a Professional trader, you have 1 goal...Make money!! That said, traders like to measure their success differently. Some use pips, some use wins v. losses, personally I use daily return. Understand my focus is on generating income and my mantra is "keep stacking positive days" Imho, using pips to measure success can be misleading,...

AGold54 Updated 

Price is below the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR. 2 Potential entries (it is one or the other, not both) Entry = 1.6341 Stop = 1.6361 Risk = 20 pips Profit target = 1.6211 ( The projected daily low ) Reward = +130 RRR = 6.5 - 1 2nd Entry = 1.6267 Stop = 1.6292 Risk = 25 pips Profit target...

AGold54 Updated 

Price is below the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and decent RRR. 2 Potential entries (it is one or the other, not both) Entry = 0.6916 Stop = 0.6931 Risk = 15 pips Profit target = 0.6879 ( The projected daily low ) Reward = +37 RRR = 2.4 - 1 2nd Entry = 0.6896 Stop = 0.6916 Risk = 20 pips Profit target...

AGold54 Updated 

Price is below the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR. 2 Potential entries (it is one or the other, not both) Entry = 1.2405 Stop = 1.2425 Risk = 20 pips Profit target = 1.2313 (the projected daily low ) Reward = + 92 Pips RRR = 4.6 - 1 2nd Entry = 1.2355 Stop = 1.2380 Risk = 25 pips Profit...

AGold54 Updated 

We had a good push up on the Eur pairs on ECB rate decision and Press conference. This pair has now gone into a consolidation between 121.376 (High) and 120.976 (Low). Moreover, it is now above the 60 and 15 clouds, as well as the 60 KS and 15 KS Entry = 120.99 Stop = 120.79 Risk = 20 pips Profit target = 121.70 Reward = +71 Pips RRR = 3.5-1 Once this trade is...

AGold54 Updated 

We had a good push up on the Eur pairs on ECB rate decision and Press conference. This pair has now gone into a consolidation between 1.6752 (High) and 1.6698 (Low). Moreover, it is now above the 60 and 15 clouds, as well as the 60 KS and 15 KS Entry = 1.6699 Stop = 1.6679 Risk = 20 pips Profit target = 1.6799 Reward = +100 Pips RRR = 5-1 Once this trade is up...