Followed my NNFX system to a T. 25 February the bull candle crossed my baseline and I took it. I am now using COT and lower TF to make sure my system is in alignment. I like to see a good push in 1H and 4H TF towards the direction my system in indicating. I only added the aforementioned wrinkle to my strategy this week and am seeing some very encouraging...
Entered yesterday following NNFX system. Todays candle crossed back over my baseline in the opposite direction. Takeaways: -Use lower TF or COT Lower TF to see if its in alighnment with the current trend. I knew from the beginning tha Lower Tf and COT didn't agree. It's another filter to add which to lead to less trading and hopefully more trends. I'm still...
Followed my NNFX system. Entered this trade 2 days ago. I exited during the Asian session after setting an alert. USD pairs are really the most unpredictable currency. Most of my losses have the USD in them. Big Banks, News events, anything can happen. Anywho, my baseline saved me a lot of pips on this trade. Takeaways -I just watch USD pairs more than...
Followed my system. Exited 6 hours earlier than usually.It was a decent loss. My exit indicator finally gave me the signal. I need my exit indicator to be much faster.
Demo: I followed my system on a continuation trade for a short. The next day a bullish engulfing hit me up a little bit lol EURUSD is probably one of worst pairs to trade within the system. It's nice to see how COT said short, my system said short, and the next day said long. My Stoploss was not hit as my exit indicator helped me out. I will need to...
POI was spotted on 4H and was refined for entry. 1:16 RR
One of my rules is to do my exits once on the daily chart. My other rule is to lose a little as possible. I went short on 2/2/2021 prior to the close of the daily candle in the NY sesssion. My system told to go short and I did. Later on that night while in the Asian session I was testing different aspects of my system I noticed that NZDUSD went well against me...
Trade #4 / Tuesday, November 1, 2020 / 8:31PM / Sell ES Overall trend is bearish on 5 minutes Trend continuation trade Market consolidated after push 1 - 2 risk and reward ratio Target is right before key support level Stop loss is 1.5 ATR above last consolidation high
After a pretty bad day yesterday. Emotional trades after being stopped out at breakeven on a trade before it shot up in my direction and closing lucky closing the day at breakeven after overtrading, I come back to the charts looking to execute my plan. I took this sell on GJ based on the strong downward momentum followed by a pullback which created minor...
I was initially looking to enter buys as we closed above resistance on the 15/30 and 1hr timeframes. I couldn't enter as my stop would have been too big. I decided to wait for a pullback of some sort and minor support to be created on either the 15 or 30min timeframe to take buys. This didn't happen. Instead, price closed below the previous resistance level...
27/10/2020 - Trade 1: GJ Sell @ 30min/1hr Support Break Took the GJ trade based on the 30min and 1hr breaking a support level. My entry was as the current 30min candle broke the low of the previous 30min candle. The entry was a little late as the ideal entry would have been when the 1hr candle also closed below support (although it was a little...
Enter buys on EURAUD for last trade of the night. The 30min and 1hr closed bullish above minor resistance, so I took a countertrend trade with reduced risk. I was meant to ent a .02 lot but entered a .01 lot, so making that mistake put me off a little. The price moved around 6 pips in my direction, but I decided to move stops to breakeven early (usually I do at...
Took Pre New York sells on Ej. Saw that price pushed down to support I had drawn during London. It failed to break but created another minor 30 support at the longer-term support level. Ideal entry would have been to impulse enter as price broke the previous candle 30min lows, but I didn't get in. Unfortunately, I FOMO entered as I felt the stops were still in...
Took sells on GU based on: 1. 4hr breaking out then closing back in the range. 2. Price pushing down to create support. 3. Pirce breaking above resistance then closing back in range on 30min and creating 30min resistance and breaking low of the previous 30min. Enter as: - The 30min broke the low of previous low and the 5min closed below that low. I waited for...
Short EJ: Reason: I felt that I identified a bearish bias-based off the 1hr and 4hr candles. We also wicked down and closed below 15min resistance. Other timeframes: Bearish across all timeframes only issue is no wick on the 4hr and the 15min created a higher high but not a lower low. Details: The 15min - 4hr timeframes were all bearish at the time of entering...