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Proprietarytrading

Day 1 #Proptrader #SellGold 06/13/2024Price action is a technological analysis method used to predict future prices of any trading instrument based on its movement. I prefer the Fibonacci Retracement tool and get further confirmations by analyzing the data presented on candlesticks patterns in between timeframes, i.e. Daily, Hour-4, Hour-1, & 15 minutes. (All the data gathered does not guarantee 100% win on the trades. A proper risk management system and system would increase win rate) Today is June 13, 2024, Thursday, I started trading on Prop firm #Fundednext on #GOLD #XAUUSD.
OANDA:XAUUSD
by Janaege
GBPUSD SELL TRADE ( MARCH 28 2024) -Pending order mt4DAILY TF was forming distribution (although not yet complete) , but I can see the orderflow because of the market structure. I go to 4h --3h--2h--1h TF and noticed some short intra day trade that became swing trade as it moves) You can see in the chart that there was a supply (DBD formation) -march 22 friday. --> It was then validated by the market structure march 26 2024 (HH then CHOCH). I set pending order march 28 in my mt4 (morning), aiming for 1:8 RR. The trade was activated last thursday -evening and ran until weekend (of course there was a charge in my broker running trade on weekends hehe. ) TP HIT DURING N.Y and London overlap. Bearish movement. (A simple wyckoff distribution)
Short
by glyrad
1
USD CAD -SELL trade Activated March 6 2024Good day guys! another great trade ( pending sell limit activated last Wednesday) march 6 I started checking this pair because of USD CAD daily TF It is in area of distribution ( supply) ---> I manage to go down from 4H to 1H so I can see fluctuations and introducing new areas of supply in smaller timeframe. It took me 3 hrs to wait for proof and validity 1.35465 move lower (can be seen in 1H -15min TF) after this I set pending sell limit in my mt4. Aiming for 1:7 RR :) This was a perfect example of powerful supply (check daily to 4H TF) #wyckoffdistribution
Short
by glyrad
2
GOLD on 31st Jan 24 :- BEARISHIf #XAUUSD or #gold closes m15 candles and retouch back above 2035.5, it can touch Bullish upto 2050 level. Alternatively, if it goes bearish and retouch back below 2030, then only gold can be bearish upto 2020 level. Join us . #Trading, #StockMarket, #Forex, #Investing, #TradingTips, #TradingStrategy, #DayTrading, #SwingTrading, #OptionsTrading, #TradingEducation, #TradingCommunity, #TradingPsychology, #TechnicalAnalysis, #FundamentalAnalysis, #TradingSignals, #TradingTools, #TradingPlatform, #TradingGoals, #TradingSuccess, #TradingLifestyle, #TradingJourney, #TradingCoach, #TradingBooks, #TradingWebinar, #TradingResources, #ChartAnalysis, #TechnicalIndicators, #CandlestickPatterns, #ChartPatterns, #SupportAndResistance, #TrendAnalysis, #PriceAction, #FibonacciRetracement, #MovingAverages, #RSI, #MACD, #BollingerBands, #VolumeAnalysis, #BreakoutTrading, #ReversalPatterns, #Divergence, #TradingCharts, #ChartingSoftware, #TradingSetup, #TradingOpportunities, #ChartAnalysisTips, #TechnicalAnalysisTools, #TradingSignals, #ChartingStrategies, #TradingAnalysis,#PropTrading, #PropFirm, #ProprietaryTrading, #TradingFirm, #PropTradingProgram, #PropTrader, #PropTradingOpportunity, #PropTradingJobs, #PropTradingCareer, #TradingAllocation, #RiskManagement, #TradingInfrastructure, #TradingCapital, #TradingPerformance, #PropTradingCommunity, #PropTradingTraining, #PropTradingEducation, #PropTradingPlatform, #PropTradingFirmReview, #PropTradingInterview, #TradingChallenge, #TradingEvaluation, #PropTradingRules, #TradingDesk, #PropTradingInsights,#DayTrading, #DayTrader, #IntradayTrading, #Scalping, #DayTradingStrategies, #DayTradingTips, #DayTradingCommunity, #DayTradingEducation, #DayTradingLifestyle, #DayTradingGoals, #DayTradingPsychology, #DayTradingSetup, #DayTradingTools, #DayTradingSoftware, #DayTradingCharts, #DayTradingIndicators, #DayTradingSystem, #DayTradingPlan, #DayTradingSuccess, #DayTradingProfits, #DayTradingIncome, #DayTradingSkills, #DayTradingStrategiesThatWork, #DayTradingCourse, #DayTradingWebinar
OANDA:XAUUSD
by tripplepips
December 1 2023 - GBPUSD Buy Trade ActivatedHi guys! I have here a simple trade this week, checking the daily TF of pound dollar, i noticed a supply above (nov. 29 2023) -Nov. 30 move. After checking the bullish move on daily---> 4h---> 3h-->2h--> 1h. I checked for possible demand zone and set a pending order in my mt5 raw account. Nov 30 2023--> it reacted to my POI (point of interest) . so i wait until my pending order was activated . Indeed it really touched the price im aiming for and then i look for validity and proof of the zone. wyckoff accumulation on 5 min and 15 min tf. (please check chart for reference. RR: 1:8 1% of capital aiming for 8 % on this trade. Another great trade and wisdom from GOD. :) Patience is always the key.
Long
by glyrad
1
GBPJPY pending order activated Nov 13 2023This was a pending order trade that was activated during New york session (Nov 13 2023) higher TF-- Daily has a clear signs of manipulations and bullish movement. Upon checking I also noticed the 4H confluence (see chart for reference) IC and Proof of Demand. Going further, 45 minutes produce IC after bullish Break of Structure. My favorite entry is 15min. Accidentally bumped in the same IC and overlapped by 15 min and 45 min (DEMAND) . pending order was set and activated. Another wyckoff perspective. RR: 1:30 Amazing move from bulls.
Long
by glyrad
How you can make 6 figures a month using prop fundsFirstly you need to be able to acquire one account such as a 100k account. Assuming your target is $110000 you start by risking $500 a trade until you reach $3000. if you take losses you continue risking the same until you're back at the starting point. once you reach $3000 of profit you now up your risk to $1000 until you get to $6000 and then $2000. This should easily allow you to pass phase 1 of the challenge, you then repeat the same for phase 2. Once you receive your first funded account, you are now going to purchase another challenge and copy trade your funded account (master acc) onto the challenge. Repeating the above and considering you have a strategy with a good win rate, you are now able to make money while passing the challenges without having to trade 2 accounts manually. You continue this process and max your funding with one prop fund, and then move on to a second and so on until you have 7 figures in funding under your belt. The key is to remain focused and have your psychology and mindset on point. making a mistake on your master account is going to reflect on all accounts. The same goes with profits however. If you have 1 mill in funding and make 1% in a week on one of your 100k accounts, then the other 9 will also make 1% bringing you to a total of 10% ($100000) in one week. My favourite prop fund atm is properfunded.com
Education
by opes_trading_group
Advantages of Trading with Prop FirmsProprietary (prop) trading firms offer traders the opportunity to trade with the firm's capital, rather than their own, in exchange for a share of the profits. Here are some of the advantages and benefits of trading a prop fund account: Access to More Capital: Prop trading firms typically provide traders with access to significantly more capital than they would have if they were trading with their own funds. This allows traders to take larger positions and potentially earn greater profits. Lower Costs: Prop firms often provide their traders with access to discounted commissions, lower borrowing costs, and other benefits that can help reduce trading costs. Training and Support: Many prop trading firms offer training and support to their traders, which can be especially beneficial for those who are new to trading or who want to improve their skills. Shared Risk: Because prop trading firms are providing the capital, they share in the risk of the trades. This can be beneficial for traders who want to take larger positions but don't want to risk losing all of their own capital. Performance-Based Compensation: Prop firms typically offer traders performance-based compensation, meaning that traders are only paid a portion of the profits they generate. This incentivizes traders to focus on making profitable trades and can help align their interests with those of the firm. Overall, trading a prop fund account can offer traders access to more capital, lower costs, training and support, shared risk, and performance-based compensation. To find out about my favourite prop firms, comment below
COINBASE:BTCUSDEducation
by opes_trading_group
8