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EURJPY
H1
Risk= 15 pips
Purple on H1 and H4 is away and tried to trade through TZ, paid a rent, next.
-22 pips
DS=1
Got a little question though, should i have waited till for next candle to enter? Since the candle i entered formed a box. If i was mistaken there, DS is 0 then.
EURUSD
M1
Risk= 2.5 pips
Purple on M5 crossing to the upside and M15 is away and tried to trade through TZ, Risked 1%, closed half at TZ1, then moved SL to BE and trailed stopped out. No add ons.
+8.4 + 4.9 pips (13.3 pips)
DS=1
Can I ask why are you trading eur/usd m1? It would be better if you traded h1 and above. Dont rush it. You can probably do 5 batches of T20 in a week on m1. And it won't do you any good.
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
immy wrote:Can I ask why are you trading eur/usd m1? It would be better if you traded h1 and above. Dont rush it. You can probably do 5 batches of T20 in a week on m1. And it won't do you any good.
Thanks for stopping by I have no intention to finish 5 batches of T20 in a week, i have time and i will be patiently trading until i feel confident enough, even if it takes 50 batches I had free time today so checked through time frames, drank my tea, and then realised there are few setup 1s that i can take. I will mainly trade H1 and H4 though but when i have time, why not? B-)
immy wrote:Can I ask why are you trading eur/usd m1? It would be better if you traded h1 and above. Dont rush it. You can probably do 5 batches of T20 in a week on m1. And it won't do you any good.
Thanks for stopping by I have no intention to finish 5 batches of T20 in a week, i have time and i will be patiently trading until i feel confident enough, even if it takes 50 batches I had free time today so checked through time frames, drank my tea, and then realised there are few setup 1s that i can take. I will mainly trade H1 and H4 though but when i have time, why not? B-)
Hi
I know it makes sense to you. But this statement is fundamentally wrong in many ways... which you will know in time...
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
And it won't do you any good.
I had free time today so checked through time frames, drank my tea, and then realised there are few setup 1s that i can take. I will mainly trade H1 and H4 though but when i have time, why not? B-)
