In this trade. Looking nice as previous 15M candle might continue with momentum.
After getting out early of the previous trade price turned around and is giving us a reversal trade. Orders set.
Orders set. First trade of the day. Let's see what's up.
Look @ RR tool. Orders set. 20 minutes till end of session, will be removing order if it doesn't get triggered in 20 minutes.
Pretty good trading today overall. Making some good decisions. EURUSD printed a possible reversal to the longside. Orders and stops are set. **DISCLAIMER: My style of trading is Day-trading. Average trade duration is 1 hour, median duration 29 minutes. I NEVER risk more than 1% per trade. Risking more than that is disastrous. Trading like that involves quick...
In similar fashion with EURJPY - we are catching this move. Orders set at 135.016 with ~9 pip stop at 135.092. Yes, we are also still Long AUDUSD, which means we are shorting USD x2. That goes against our basic rule of not overexposing. However, what we can do instead is manage risk extremely carefully. If trades start turning around we will close them BOTH...
Just got in this trade, on my phone - stepped out from laptop.
After closing previous EURJPY trade early price nevertheless dropped 'in our favor' giving us now a second chance to enter. Look for RR tool for entry and stop placements. **DISCLAIMER: My style of trading is Day-trading. Average trade duration is 1 hour, median duration 29 minutes. I NEVER risk more than 1% per trade. Risking more than that is...
Already in this trade at 137.933 with 10 pip stop at 138.038. Very good swing, is likely to drop from here. **DISCLAIMER: My style of trading is Day-trading. Average trade duration is 1 hour, median duration 29 minutes. I NEVER risk more than 1% per trade. Risking more than that is disastrous. Trading like that involves quick decisions based on fast candle...
Another trade I entered earlier but couldn't yet update is EURUSD Long. Was in since 1 hour ago at 1.02137 with 4 pip stop at 1.02097. Very tight, but that's how market geometry printed price.
These are 8 things I start my trading session with. They help me greatly, and hopefully some of them can be beneficial to you. Once again, trading is mostly understanding yourself and what works for me and makes me tick may not transfer to you exactly the same way. But there are definitely some general ideas that can be gathered from different sources. Mine were...
Re-entry on the previous trade, as price seems to be good enough to give it another chance to drop. (Already in)
After we got out with an early exit on this one, it printed a clean 15M candle for a quick trade short. Order set at 134.936 with 9.6 pip stop at 135.032
Trade is also setting up on UJ. Checkout the RR tool for order and stop placements. **DISCLAIMER: My style of trading is Day-trading. Average trade duration is 1 hour, median duration 29 minutes. I NEVER risk more than 1% per trade. Risking more than that is disastrous. Trading like that involves quick decisions based on fast candle developments such as 4M and...
First trade of Tuesday. Order set at 1.01993 with 6.8 pip stop at 1.01925. Overall feels like a possible continuation to the upside, will see.
Same as USDJPY we currently have an order on. This one seems like a good opportunity as well. Whatever triggers first -> the other order gets removed as we do not overexpose.
Already in this trade. Added EJ and AU to my watchlists due to shrinking by trading session by 4 hours. This one seems like a good trade. Long EU and Short EJ is plausible due to counter movements of EUR thus no extra exposure.
Previous trade kept dropping before coming for a pullback. Price looks even better now. 22.8 pip stop, Entry@ 135.248, stop: @135.476.