Short

Updated

short

im hoping if there is bad news, im looking to enter something like this.
only if news in 7 mins is bad for UK

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its been a while since i've trader, letting the bois do the trading. taking more of a back end approach to trading.
also my 3 accounts still not yet up, good news they did say will migrate my account soon. so it should be good. anyways 2 news today, should be interesting day

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so we looking at claimant count change to be higher, then im expecting next 45m to dump, retrace abit then dump again

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just like that, up 400 bucks, getting out 188.680

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out

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about 350 bucks profit,

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im out, cause news is bad for UK, but it still lower then predicted, i havne't traded for a while. want to take it abit slow.

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perfect entry too lol. look at 1hr charts, exactly at our entry on the news. i pre-entered before results came out. with a short sl. turned out good.

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london markets about to open

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188.206 might have some retracement back up, we already 60% to tp, in 1hr lol.

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yep, london opening, im already out. good first trade after a month is a win

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im looking for 2nd entry, near our entry, to short again,

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i've set a alert, bare in mind trend isn't as fresh any more. best always only on first trends, usually happens 1once to 3 times a month.

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if it slowly goes back up, with no patterns on 15m, i won't short it.

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seems like no chance, then ok, we see the USA news in 3 hours time

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this is exactly why i like to sell within 3, 1hr candles. even if hits tp, honestly i feel not worth, if so sure about the trade, get the best entry possible and reduce sl for higher RR win. i really don't believe in swing trading, unless you caught the trade from the beginning on a higher time frame.

too many times before more lose then win, because i didnt'take my winners.
3 candle rule for me only applies when there is the big dump, not when consolidating.

if so sure it will keep going down, just find another entry when it goes down. but i think taking the winners first is very important.

also don't day trade and short a support or long a major resistance, esp on higher timeframe. 3RR should be your main sl at profit after you reach more then 3RR eg, you in 5RR winning, sl should be there.

think these tips are something i learnt and helped me alot, hope it helps others, this is more for day trading, not for swing/ investing/ scalping

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xau right now is interesting area to long scalp.

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but i want to see candle close. maybe next down, if holds i'll take a long scalp hopefully before the news starts. if news starts, will focus on xau, for the cpi news, expect big movement, im more to long then short for xau, if short, must be careful will be very choppy

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i'll see candle close on 1hr, and news before doing anything, i thin kit will be very rough. if news is bad for cpi, expect gold to pump to all time new highs again.

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remember cpi news, means inflation, so if higher inflation, institutions may hedge against gold. but of course fundamentals more important.

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2171.45 i don't want to short until 1hr close under this price. only longs still for now. see news. in 1 hour

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i prefer if xau goes up, then down, as up is no mans land, price might set a new high again, if down, honestly i see if going to be damn choppy, maybe 1 big red candle, then the rest ping pong again and again, if down, i'll wait for retracement then short after. will stick to 2171.45

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7 mins, guys, careful might be a tough trade, 3 cpi news. might be choppy,

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pissed off, i managed to enter at the bottom just now, but my EA didn't let me enter, enetered damn high, but got out, about 250 bucks profit. the 15m close just now too low.
2 wins today, no loses so far.

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ok, im not going to long this or short, long at price zone below. back to top only.

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2155 if double bottom, on 15m, i'll look to long it back to the top. swing high

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ok, so 2155, double bottom looking to long it, xau

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missed entry for the double bottom, 2.45RR, but would have incurred swap fees. for those on prop firms. GJ, will look for some patterns to trade short, not sure if it will happend today or not, maybe tonight or tmw. will watch for london timezone. if anything, dont'see any big movements yet.

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maybe just news trade at pre UK opening. can have some moves, if its positive, i might want to find a good price to enter first instead of entering so fast. cause we on down directional movement

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UK gdp news later, if more then -0.1, highly likely to pump

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190.174 to here

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188.641 if news is good i'll look to long around here

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best if price drops then new is 2 and above

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im in long GJ

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incase don't drop, im ready to let go and reenter at bottom if not

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out -1.2RR

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188.677 areas of interest

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re-enetered 2 orders, but ready to sell if no pump in 30m

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sl 188.780

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i want ot see some power candles, i fnot im closing

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if holds here, i may wait to see UK opening in 45 mins too

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closed, -.4 RR

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188.688 last time to enter this long trade

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these are the seller market bots, i still think should get a reasonal pump soon enough or when UK opens

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looks too strong, this sellers, 15m close like this, don't enter, enter lower if 188.544 is protected

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re-enter 1.2RR at 188.613 but ihoenstly i think abit lower 188.543 is better

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about 1R now,

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im down a couple RR today already, maybe last trade for now. tp is quite high, but going to watch the candles too. not blindly chase a tp. tp is 190.214

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2.2R profit now

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an hour ago
Comment:
188.641 if news is good i'll look to long around here

should have stuck it it lol.

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quite sticky situation, just now about 2.5RR.

strong limit selelrs above, originally we shorted and won that trade. sellers only market selling at high price. buyers want to buy, but only limit orders too. more buyers currently then sellers. but they need to agree to break the zone above. quite sticky. maybe see the next 1 or 2 hours what happens.

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high lows constantly on 1hr chart.

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3.2RR profit, covered loss

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closed it first, 3.6RR

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covered back loses, of the 2 trades. if wasn't in loss, i wuld likely hold it, but i think hance chance to some retracement

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think going for a buy stop for next 15m candle. 189.100 incase some random hard pump. sl 188.967

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long of course, on GJ, my condition, this 15m is green, then next candle as entry, if not, i will cancel order

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semi hoff man strat haha

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looks like GJ going to hover between 189.925 and 188.542 for a while, if this is red candle close. cancel order for stop market order long on 15m chart

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im in

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i might take win early for this trade

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or if any 15m candle wick is more then 50% then im closing even at loss

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this tarde is sudden agressive pump, so if it doesn't happen, just close it, i think 35 to 65% of time it happens, rob hoffman, one of the top traders in history with good consistency of winning. i had to adjust his strat abit to suit better

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going to try to get at least a 2RR

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we on 1 major resistance at the moment on 1hr, originally our start of the short trade previously. if 1hr candle is stuck there, maybe i will let go. i want more wins in port first before i take more risks

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out

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break even, didn't see the explosion i was looking for.

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seems next zone is too near, no power yet, was expect ing to see that candle pump once opened.

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ok, going to take a break, not bad session if followed exactly what i said, i on other hand, hands isn't diamond enough, about break even so far

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lol would have been 6R, win is win, even the stop market order long would have now just hit tp, 2over RR

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im looking for any support on 15m chart on this current area

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long scalping GJ,

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GJ 1.5r already

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2RR on GJ

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out, 2.2RR

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nice win

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i think can hold, but really i want more room for higher risk trades, all new accounts.

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2175 xau, good area to short scalp only, to swing low of whatever price will be on 15m/1hr

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yep exactly this kina bull shit i want to avoid on GJ, honestly GJ can really still go up, but looks like another ping pong game first. higher high, slightly higher low. but still sellers

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fomoed in 2 orders xau short,

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suggest to see where 1hr close or at a higher price.

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or watch where 1hr closes, then short if around here at 1hr close sl 2175.80

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closed bu ti think can hold abit more.

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the speed was too slow, saw abit of buyer pressure, so go ut out, i still think its worth to short abit higher. for a scalp

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the win was about half RR, but went 2 orders so not to bad,

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entered xau short

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sl was abit high so my RR wont'be as good, my sl was 2181

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ulti mate tp is very low, 2153, but i will want to see price break 2170 and 2168

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also next 1hr candle MUST be red close

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GJ is last area to long, if not im expecting it to go back down, in short mid term

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xau, this is my entry, going to watch out for 15m candles closes

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if xau 1hr close under 2173.88 is very good sign, if 15m no lower low, just take it.

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can hold guys, but im out. almost 1r, nice wins

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too many not clear or not perfect A class trades, went up too easy, higher low, i think see next 1hr candle. to decide. maybe sl cut by half at least. im happy enough. also went for a long on GJ, also won, but i think was risky. won that one too. ok gys thats it for me, 2 days 2.5% gain in all accounts.

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xau continuation thoughts:
that short, yeah got out, around 1.2RR, wuould have needed to wait 12 hour candles for 2.5RR, i say not worth it. if perfect conditions is ok for even more TP, but i think would have been too stressful with no A level conconditions. if waited another 2 candles maybe can get 2RR almost. currently 1hr we slightly bullish now. 15m bearish.
think wont trade today till news tonight for xau 2162.35 for the news im only looking to long. if under that, and news is bad, maybe i short, if not will long only.

tnoights news maybe wont'go heavy, will go half orders only. looks damn messy.

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"Mar 13
Comment:
maybe just news trade at pre UK opening. can have some moves, if its positive, i might want to find a good price to enter first instead of entering so fast. cause we on down directional movement
Mar 13
Comment:
UK gdp news later, if more then -0.1, highly likely to pump
Mar 13
Comment:
190.174 to here
Mar 13
Comment:
188.641 if news is good i'll look to long around here
Mar 13
Comment:
best if price drops then new is 2 and above"

yeah if held trade, i think will hit tp. wold have took 2 to 3 days thou.

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goign to wait for news to trade

Formedzeus

t.me/Dfamtrading
youtube.com/watch?v=LCtNWbKUkYg

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Formedzeus

t.me/Dfamtrading
youtube.com/watch?v=LCtNWbKUkYg

Also on: