Recovery in full with extra credit characterized Week 45. Trading with $200 gives about 10-15 trades using 10-15pips SL. SZ are calculated based on previous 2 weeks high/low with price action being the key determiner using multi-time frame candles. dtp: dynamic take profit SL: stoploss
Last 2 weeks has shown some improvements in calculated SZ. Will be looking to recover on losses from live trades. Week 45 SZs are set. Price action determines trades.
Smooth week 43 price action for 60pp Week 44 SZ are set. In between however, recalculated levels can be produced based on price action.
A nice flow to Week 42 price swings. SZ are calculated based on previous week last highest or lowest price depending on if its uptrend or down. Week 43 SZs are set. As always, Price action determines trades
Dear Traders, Week 41 brought some respite to first week of live trading, however still down by -95pips. As promised week 42 swing zones are in. However, live trading might be in and out due to work activities. Annotation: SZ - Swing Zone SL - Stoploss dtp - dynamic Take profit pp - pinched pips
First week trading live didn't go as planned. Why, i call it work, life and trading Balance. Managing all three, highlights the challenges of modern-day life whilst seeking alternate source of income. Ultimately, the goal is to home in on a good trading strategy to transition to fulltime trading. Week 41 zone is calculated as shown: 264-314. Price action determines trades
After 12 weeks of consistent trades; seems about time to trial live. Yep, Week 40 will be real money trades. Starting with a balance of $200 and SL of 10-15 pips, this should give about 13-20 trades before blowout (hopefully not). Some trades will missed, entries off; yea, most of us have a 9-5ish job and need sleep. Week 40 SZz are set. Price action...
SZ are calculated for week 39. Price action determines trades.
Last 2 weeks have proven while its a good plan to keeps losses small and swing for big wins. Sometimes you swing and miss, but thats ok. Based on calculations SZ are set of W38, but price action determines trades USZ: 299 - 330 LSZ: 901 - 850
Week 37 SZ are set. Two possibilities for the beginning of the week, price action will determine which. Further calculations based on price action will be done once price breaks SZs. Note: SZ - Swing zone dtp - Dynamic TakeProfit
The leap concluded with OANDA:XAUUSD and OANDA:WTICOUSD winning the battle against me. The calculated swing zones used on OANDA:GBPUSD didnt work on these mammoth price movers. Will continue reviewing and fine tuning in the background See you next time LEAP www.tradingview.com
Swing zones and levels are in for week 36. Given that Friday's close is below zones, anyone of a, b or c scenarios could play out for short positions. However, Monday's open could mean a reversal. As always price action determines trades.
Support and Resistance is all about identifying previous price interest areas, @PinchPips a step further is taken in calculating these areas before the occur; This is not a magic trick, but careful mathematical analysis. As price has been missing entries by some small margins, new levels are calculated(black lines) to catch big swings. Upper SZ: 32498 -...
FXOPEN:GBPUSD This week swing zones are marked, with the help of trendline. Momentum and price action on the 5mins chart is required for trades and tight stops. 6 weeks of Sz has pinched +500pips The art of trading is Patience.
Highlighting 2 swing zones as always. Both of which are identified from previous weeks price action around the levels. Using Tradingview's alert, place @ 7389 and @7090 In reviewing previous week; price could swing up, in which case the upper SZ will be highlighted Price action determines trades: Entry on the 5mins chart to achieve tight stops of 10-15pips
Gold Swing Zone set. But price action determines trades Currently sitting @ 5879: www.tradingview.com
Excepting wk 32 to open with a swing upwards towards SZ for a move down towards dtp(dynamic TP), as always price action determines trades.
The Leap competition is live and so is Pinchpips. Focusing on the behemoth of OANDA:WTICOUSD and $OANDA:XAUUSD. Not typical markets but testing swing zones on the instruments to check efficacy on a daily TF. SZ are set for OANDA:WTICOUSD but price action determines entry Currently ranked 2716. www.tradingview.com