foztrading wrote: 10 Feb 2021, 11:23
1. Batch 01 Trade 01
2. 2021-02-09
3. NZDUSD
4. Setup 1 buy
5. Setup orders as per rules
6. Trade was stopped out, no worries I followed the rules
7. 1
8. 1
Hi
It's great that you're posting your trades with trade pictures. However, there is one thing I must point out.
Your picture is TOO zoomed in. We are NOT price action traders. We trade a Pattern that requires between 60-100 candles. So your picture should have at least that many candles/bars. This will allow you to appreciate the picture in full. Hope this makes sense... Your most recent post is more like it..
Moreover, Always print a picture of the H4 chart as well. So that you know where did you take your trade within the trend or range of the 5XHTF. We don't want to trade within the TIGHT range of the 5XHTF. We want to trade inside the WAVE, an impulse wave, il.e a trending market on the 5XHTF... If you check the Kiwi chart on the H4 , (drag and drop trade from History to show the trade arrows) then move ot H4 to see what it looked like... REcord those charts so that when its time for you to r eview your LAST 20 trades... you will know what was happening.
cheers
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.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
