Took a L on this trade. Trade was in profit, once i put my SL in profit trade hit my SL then went to hit my TP. It's all love, getting better at my entries, not only that but learning to just take my pips and get out, just figuring out the type of trader i am and learning as i go. Trust the process.
UPDATE FROM THE LAST TRADE! Also took another entry for a 1:2 ratio, took another fib out. Looking at the candle, it gave me an amazing Kangaroo tail and if you can see the wick barely touched my GxldenZone telling me price wants to go down, strong sell momentum. Also its liquidity at the bottom so thats why i took it at that level. Didn't want to be greedy at the 1:2
In 2 positions right now, waiting for another re entry. But TP1 hit on GJ waiting for TP2. Entered off of market structure on this one. alsofollowed by supply and a I threw in my trendline for another confluence on the 15min. Price hit into my Supply Zone, once I seen it took liquidity out to the left you can see a evening star formed on my 15 min supply zone....
Caught 3 different entries on GJ. My TP's are the dashed lines that you see. I had to bring my Fib out (never be scared to go back to what does work for you in the past, tools are important as well) But this was based off simple price action. If you see I used my mark up tool as well. I seen price gave me a break of structure to the left. Once broken price gave a...
Took a 15 min sell set up. Seen price was failing to reach my supply/ resistance area and entered off the break of my last candle. Took price to my latest area where possible demand can be seen as well. I did want to get an entry at my green demand zone for a better chance to take it back up. I do have a buy set up at that area but im waiting to see how price...
If price was to break above my daily high it would've been a buy.. but if you look at the candles they got smaller up top which was failing to break the resistance zone, price also continued to create LH'S AND LL'S i entered off the break retest of my trendline , also you see price gave great momentum pass my break of structure!
TP hit! Seen a nice break out candle on the 1Hr followed by the retest candle which failed to break my support, i entered off a buy stop on the 15 min once i seen the Doji formed exactly on my level we all know a Doji is an indecision candle, and especially printed on my support level told me everything i needed to know.
BEAUTIFUL AUD/USD trade. Looking at the 4Hr you can see price had great upside momentum. One price hit my Resistance or some like to call it supply zone you can see price price gave me a Doji on on my zone. I did have a SellStop below the last low, but you can see on the 1Hr price did create a bearish engulfing as well as what looks like to me a evening star...
Caught this beautiful Gold trade. If you look on the 4Hr you can see price wicked at that area, now looking at the next candle on the 4Hr the next candle wicked but it wicked lower than the last candles high which indicated to me that price wanted to go down, when you look at the 1Hr chart you can see price had great momentum but once it touched that zone it...
Caught this 1;2 RR, marked up my 4Hr support zone for the day price was failing to break that zone so i dropped down to the 1Hr and seen an amazing Doji printed on that level as we know Doji's indicate indecision as well as when printed on a zone it can indicate that a reversal could be happening, once i seen it i did drop down to my entry TF which is the 15 min...
Been in my first trade since Thursday, but the second entry Tp got hit and now we wait on the first entry. If you look price kept tapping into my OB indicating price didn't want to go down anymore. Price also broke out of my grey area zone with a strong push and retested off of my Fib level.
Price gave us a nice bullish candles and went right to the supply zone, then dropped and started consolidating. Once price started consolidating within the box, then price gave us a hammer then closed in the box, once it closed above the box the next candle that printed was a beautiful shooting star which retested the consolidation, followed by a lower high and i...
My bias was to the upside, but i did lose this trade. I was waiting for price to take out down side liquidity (which it did) then shoot back up, once i seen the consolidation and the momentum candle i knew price was going down, then i seen it slowed down which indicated to me sellers wasn't strong and it could be a fake out on my psych level, and kept wicking as...
Had a nice risk to reward ratio on GJ! Honestly love this pair. SO ask you can see i have my supply/ demand zones also known as support and resistance to some. I also have a great box which indicates price is consolidating in a certain area at the moment, if you look closely price gave an amazing wick at the support area and close 50% of the candle which was...
2 different entries on GJ around 11 this morning, entered off the 15 min price kept tapping into my supply level even after giving a great momentum candle out of consolidation which still couldn’t break the supply zone seen a quick liquidity grab as well, and a failure to still break my supply zone, seen price give a nice wick and also the break of the last candle low.