Just testing my understanding of the market. This won't work as spread will widen during rollover but that's broker's last defense. Trade sparingly.
I just want to see how this would have played out. I ended up taking 10 ticks with this one, I was floating almost 70 ticks, target was about 120 ticks. I closed because it is getting close to the end of the day and I don't want to get caught up behind enemy lines with a trade. The brokers can let the market violate you on the weekends so I am going to...
In this trade idea, I am testing a new understanding and way to determine trend direction. This is just a paper trade that I will be using to see if my analysis using this understanding is correct.
In this idea, I am paper trading based on a new understanding. This is just a test on bias, I am seeking to confirm if I have my trend compass tuned correctly. Let's see how this goes!
Price action has given us an opportunity to take a position at this level here. Fundamentals agree with the bias of this position and we are going to take it to a relevant bank level. We have already seen a nice push away from the point of interest, let's see if this area holds.
The price action that has developed has presented an opportunity for a long position at this exact price point I placed my buy limit order. I am taking it to the top of liquidity on the opposite side of the order as my target. Risk is small and reward is very high, just as it should be. I am personally risking 4% on this setup for a potential 100% gain. If...
The price action that is present has presented us data analysts with an opportunity to short this instrument to the downside for about 60 or so pips. I am looking at a limit order at the position that I called out. I am only risking .05% on my setups right now. All setups have double digit risk to reward so it will all be worth it in the end. These setups...
Based on the current price action that has been presented, I see an opportunity for an insane RR setup. This order is running in profit but we shall see what the market gives us. A less romantic target would be the -0.618 level which I am planning on exiting the majority of my position if price reaches that level. I'll hold about 10% of the position to the TP...
Price action has presented us with an opportunity for longs from this area. I will be monitoring price when it gets to this area to see if I can hop in for buys. The fundamental catalysts that are dropping in about an hour and fifteen minutes are going to make or break this trade idea. Trade with risk management in mind first and foremost. Your job is to stay...
Price action has presented us with the opportunity to catch a POTENTIAL reversal setup. I expect this to activate next week. We'll see if the trading gods are on our sides. Happy Trading.
Want to get this screenshot in before activation to document the whole journey. Let's get it! I love trading!
Based on my understanding of price action and what I have experienced in the market, this is what I see potential for today. Understand that this has a low probability of hitting target and not getting stopped out. Trade carefully.
I am documenting every single one of my live trades to track my progress and help make an impact on the trading world. I took this particular trade based off my understanding of price action and market cycles. Today should be a reversal day. Yesterday was bullish, Thursday can present opportunities to take price to the opposite side. I am targeting major...
Price action context clues have presented us with a selling opportunity on the widow maker...aka GBPJPY. This pair is high volatile so trade with caution, keep your risk low and your reward high. Based on the previous sessions price action, I am anticipating continuations today and on into Thursday. I am going to be monitoring price action and seeing where we...
Fundamentals and price action are providing us an opportunity to catch an insane play. SPPI is coming out soon. I am aiming for 1:100 on this setup. Let's see if we can get motion in 20 mins... If you like seeing setups like this, be sure to follow the journey.
I wish I published this before the motion took off. I typically post my entries before the action happens but for whatever reason I missed documenting this entry. It's OK, I am determined to document a unicorn trade for you all on this platform to help me impact traders for the rest of time. Stay tuned for more laser entries. (I really hit this on my live,...
Just for entertainment purposes! I am just documenting my growth and my understanding. Feel free to watch my journey! I love company.
This is for entertainment purposes only. 1:infinity with a 1 pip stop loss. LFGlolz See you at the top because the bottom is too crowded!