setup

Hey everyone, Managed to trade a quick scalp on the EUR/USD. Prior to my entry there was the German Manufacturing PMI coming out (was released -ve). Usually the price movements on that kind of event are not anything major however on this occasion the pair plunged by about 50 pips shortly after its release. It goes to show that you should never underestimate...

Hey everyone, I was able to dig myself out of the hole (somewhat ;p) from the EUR/USD trade which took place on the same day (16th of April). My goal for each and every single day is obviously to be green, but if my first trade is a loss then my mission turns to end as close to the Break-even part as possible at the close. I will be posting both the screenshot...

Hey everyone, This was a trade to forget I was able to take on the EUR/USD. The trade took place on the 16th of April, however I didn't have the time to journal my trades then which is why I'm posting about it now. I could have been a little more patient with my entry but overall I was pleased about the execution as I followed my trading plan. Just like the...

Hey everyone, I was able to take a nice scalp trade on the EUR/USD. This trade took place on the 17th of April. On this trade I tried experimenting a little bit with trade management which is why I closed 50% of the position at a predefined target and let the rest 50% run a little more after moving the SL at the B/E level. There are pros and cons of moving SL...

Hey everyone, I was able to take 2 trades on the EUR/USD today. Overall a red day however I was able to manage my trades rather well and minimize the losses as much as possible. Trade management does need improvement so I'll be working a little more on that now. 1st entry was not as good as I'd have hoped but I went in with smaller size which allowed me to...

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Hey everyone, I was able to take 3 trades on the GBP/USD on Friday but didn't have the time to post them on the same day so here they are :) I will be posting both the screenshot from my broker's platform as well as the 5m chart below so that you can clearly see the levels laid out. (cannot post an idea below the 15m TF and my trade was taken on the 5m)...

Hey everyone, I managed to take a quick short scalp trade on the FX:EURUSD for a 2.44% gain I will be posting both the screenshot from my broker's platform as well as the 5m chart below so that you can clearly see the levels laid out. (cannot post an idea below the 15m TF and my trade was taken on the 5m) Details: Entry @ 1.12707 Exit @ 1.12696 **NOTE...

Hey everyone, I managed to take a quick short scalp trade on the OANDA:SPX500USD for a 4.68% gain I will be posting both the screenshot from my broker's platform as well as the 5m chart below so that you can clearly see the levels laid out. (cannot post an idea below the 15m TF and my trade was taken on the 5m) Details: Entry @ 2734.1 Exit @ 2733.3 **NOTE...

Hey everyone, I managed to take a quick short scalp trade on the $EUR/USD for a 2.6% gain I will be posting both the screenshot from my broker's platform as well as the 5m chart below so that you can clearly see the levels laid out. (cannot post an idea below the 15m TF and my trade was taken on the 5m) Details: Entry @ 1.13190 Exit @ 1.13180 **NOTE THAT...

As you can see we previously saw price break our zones which hit our TP. Higher prices are being rejected we now are looking for the pullback. lets see how the week ahead is going to look as we prepare a sell with the look at the market dropping down towards the 26000 level.. its a new week so lets catch some pips because Everyday is Money Day! please follow...

Hey everyone, Back to trading as I have been really busy lately setting up my own little project whose details will be released very soon. In the meantime I managed to take a quick short scalp trade on the FX:EURUSD for a 1.72% gain I will be posting both the screenshot from my broker's platform as well as the 5m chart below so that you can clearly see the...

Active algo target looks to have front-run "hit" it's first target with target 2 waiting for the next leg up (chart on the left). If we retrace a bit first then I'm looking to enter the second setup in the golden pocket (chart on the right) Yes, I'm using .666 rather than .65 for my stop loss these days. There are some other nice supports in this general...

Here is an interesting turn of events. Firstly we can see a possible bullish flag(bearish channel). The next thing we can see is a possible head and shoulder formation. And lastly we can see that price has create an ascending trend-line. Wait for a clear break and retest or either the bullish flag or the head and shoulder and trade accordingly.

SORRY I USE THE WRONG TERM EARLY IN THE VIDEO THIS IS A SELL IN MY BOOK.

The Pound Kiwi has worked itself into the point of an ascending triangle formation with its resistance lying near 1.945 and current price at ~1.942. Will the pair breakout or retract back toward the lower bound? Could go either way so watch out! Today's daily candle is nearing a close, subsequent price action going into the Asian session will be key in making a...

eurusd

Still waiting to go short here today or tomorrow.