Live Trading Session: SMI,VSA and Stretch PrincipleOn this live trading session, we are looking at how we used the 3 principles of SMI,VSA and Stretch to take a trade and exit it especially by looking at the most important stats of how much move is left upon point of entry,otherwise known as open equity.
Livetrading
EURUSD Live Trading - Short OTE ProfitHi all, Its been a long time since I posted, I've been doing the deep work behind the screen to finally formulate my rule set and investigation. Very excited to take this one to a live funding scenario soon as I have seen great success on a macro and paper trading level.
The concepts I use are ICT OTE, Adapted, Adjusted however you want to refer to it but bottom line, I only trade via the concepts I learn from ICTS channel which is all free.
I combine this with a "combined technical scoring system" = This gives me my qualified entries onto market.
Nothing more than that to it for me, I like to keep it as simple as I can, Utilise time and price and market sentiment.
I Don't think It needs to be more complicated than that, So if your trading is maybe take a look into it.
Things started working nicely for me when I stopped over complicating the process and focused on learning to find the set up in the charts ( THIS DOES NOT MEAN MAKE A TRADE FROM NOTHNG) It simply means to train the reticular activation system of your brain to see your set ups in market both historically and in live scenarios. This is why paper trading and practice is a must.
Ignore the monetary values they aren't real money.
Also - Small edit, I meant to say LOWER highs and lower lows is a good sign for a bearish market.
If I find more success with my method, I might share via YouTube, Not because I have anything to teach (ICT trader) for this, Simply because I might be able to help some people filter out the noise and focus on the concept of building a rules based system that is qualified by CTS score.
A rising Tide lifts all boats -
Stay perspicacious
Hunter.
GOLD : What Should Be Ideal Risk Reward Ratio OANDA:XAUUSD
A good risk/reward ratio could be seen as greater than 1:3,
where you would risk 1/4 of the overall potential profit.
For trading to prove profitable in the long term, a trader should not typically risk their capital for a lower risk/reward ratio,
as this will mean that half or more of their investment could be lost.
The risk/reward ratio marks the prospective reward an investor can earn for every dollar they risk on an investment. Many investors use risk/reward ratios to compare the expected returns of an investment with the amount of risk they must undertake to earn these returns. A lower risk/return ratio is often preferable as it signals less risk for an equivalent potential gain.
Consider the following example: an investment with a risk-reward ratio of 1:7 suggests that an investor is willing to risk $1, for the prospect of earning $7. Alternatively, a risk/reward ratio of 1:3 signals that an investor should expect to invest $1, for the prospect of earning $3 on their investment.
Traders often use this approach to plan which trades to take, and the ratio is calculated by dividing the amount a trader stands to lose if the price of an asset moves in an unexpected direction (the risk) by the amount of profit the trader expects to have made when the position is closed (the reward).
KEY TAKEAWAYS
The risk/reward ratio is used by traders and investors to manage their capital and risk of loss.
The ratio helps assess the expected return and risk of a given trade.
In general, the greater the risk, the greater the expected return demanded.
An appropriate risk reward ratio tends to be anything greater than 1:3.
GBPUSD :Moving Average Trading strategyOANDA:GBPUSD
Gbpusd is trading in Bullish pattern now
After breakout from channel down , Market retested the channel line
Now market is making higher high
breakout of current resistance level will make it more bullish
Our target will be buying dip's
Target 1.2285
❤️ Please, support my work with follow ,share and like, thank you! ❤️
USD/CHF LONG POSITION FED MEETING NEWS Good Morning everyone,
As we expect the dollar is gaining some power during this weeks, and the previous meetings is being bullish for the usd currencies.
In that matter we expect the same to happen today at 01:00pm.
this trade is expected 1/1 risk reward.
That's my personal opinion for today
NZD/CAD LONG POSITON livetradingthe Pair has created support to the area and is refusing to push the bears.
We have a trade with stop below the bottoms and the take profit just above the next resistance area.
price entry 0.84281
stop loss 0.83440
take profit 0.85300
it is a trade with 1-1 risk.
this is only my personal opinion do as you wish always with properly risk management 1-3%
EURUSD LONG POSITION CPI INFLATIONHello guys,
For this week as the CPI comes we put a trade to expect high point for EUR, if the scenario keep as in forecast to be 6.2% in the data coming lower than the previous 6.5.
That will give less power to the dollar pushing the against currencies higher.
this is only my personal opinion and NOT financial advise.
#eurusd #cpi #inflation #forex #news #trend #livetrading #stockmarket #bulls #chiefs
USD/CHF LONG POSITION For this Thursday we have a swing trade
expecting that this level of supply can give a pullback to higher areas and getting more strong for bull market.
Next week we have CPI number that will give some ideas of how the market is expected to follow for the month.
USD/CHF LONG POSITION #trade #trading #news #market #forex
Banknifty Accending Expanding TriangleBanknifty Accending Expanding Triangle
This is a sign of Neutral pattern
its Making HH and LL which stands Higher High and Lower Low
when it touch upper side its must go down (Probability 95%)
when it touch Lower side its must go Up (Probability 95%)
"Don't Take One More Trade "... story of a successful trader.
Banknifty New RangeBanknifty New Range
PCR below 1 --- Oi still increasing in the call side
USD INR - upside mean market going down
after touching his higher point its several times playing to go down
before taking a strong support it cant go high
Probability to touch previous day price line as per pivot
200 EMA play just like support-Resistance indicator
Banknifty 19th Dec Live Double BottomBanknifty 19th Dec Live
Its taken the valid support and creating double bottom
So this is going towards HH5 as per the chart Bulish Expanding triangle
banknifty Range (43300- 44000)
Key things PCR 0.94 , call Oi stands in the 44000 as resistance and put oi stands 43300 as a valid support
global market down but indian market bulish range
** please dont take any wrong trade before fixing the proper SL
** don't take "one more trade"... story of a successful trader.