treadline strat been losing for the past few days, missing trades, wicked out. this is as easy as a trade comes... off the monthly candle to re refilled and cause a blood bath, but i dont ideally know when, everything was looking bullish off the daily candle over night and uk session it has pushed up. i call this trade to have all time lows...
brought into the the idea i had at the beginning of the week, if it was a large en-gufling candle on 15min, i could 90% of the time buy that to the EMA line, its my strategy could be the quickest wick out , but i'm in for longs..
plan followed 1hr and 30 min large engulfing candle 30 and 1hr divergence all confirmed, just being present and always trying to see whats happening now then try predict the unknown.
plan followed looking to scale this, i gave away two trades full of money yesterday going against my plan, trying to intra trade / swing trade. scale this up, confirmations , daily MacD crossed. large engulfing daily candle .. 7am ( postive unemployment news )
daily large englufing candle sold a short this morning 1:00am for 20 pips the patient steady rise to last pervious high seems likely now.. if it breaks last High, Sl moves under new support and let it ride. I am a scalper but this move which would normally taken on 15mins goal was 2:1 with each trade this week, il do my best to focus on this is now...
plan followed large engulfing break to ema line, no 30 mins break, waited to see if it would break the ema line, didnt, got out and went into a buy postion with SL set 1/2 trade daily
if there was ever two trades for the day, it would be a large englufing 1 candle on GJ and my side chick EURUSD, isnt always nice to me, always lying and faking, plan followed, predicting drop to 1HR EMA but could get wick out SL set TP scale
plan followed 2/2 trades for today large engulfing 1hr candle 100+ pips all other confirmations confirmed, worse case scenerio, it rejects 1hr EMA line and continues up.
plan followed brought off 1hr EMA Large engulfing 15 min all over confirmations, profiting off the buy last night, SL set TP set - really focused, really locked in, looking for the best move, no emotions
little nervous to write this, as i dont want to jinx it 5mins break, large engulfing, candle set up, i could see it was playing a short move, i got in with my plan confirmed
Quick scalp plan followed - range until BoE - Monthly bearish candle close....
Plan followed theres something that in the back of my head, the last large daily engulfing candle produced 2,000 pip trend we are now, sitting of the back of a large engufling daily, not only that the month candle is about to kick, with BoE news tomorrow looking at the candles on a large time frame, on a smaller time frame i would'nt even want to enter, i...
Plan followed - saw break of trendline to the upside - got wick out - re entered - up 80 pips ( 200+ pip ) - 100k FTMO challenge (5k) remaining currently - Uk open either continued bullish power to the upside short 20 pip pull back to support below continued pressure to the upside - caution, just because its up in the night, doesnt mean it cant go down...
Plan followed - saw a large engulfing bullish candle on the 1hr - took a buy, but during asian session i didn't want to pay extra for my swaps overnight - took profit - woke up at day break 00:00 but its 4am here in Dubai - Brought in again , got wick out, got in again
After back testing, iv seen theres a move each day break, so i set my alarm to wake up, wait for my plan to align then enter. i am grateful for the profit but i should of got in earlier and out earlier. TP set and hit Sl always set plan followed 1/2 trades taken daily price can continue to break down to recent wicked daily support or continue bullish to daily...
Large englufin candle trading plan followed - looking to see the pervious daily candle wick get filled before any real moves completed today, BoE news on the 1st august - 1/1 trade - sl and tp set - 50-100 Pips target
This would been one of my coolest trades mainly going off overall trend and pervious LL divergence using a price chart to track potential pips Moved all SL to entry at 10 pips and whatever will happen shall happen, long as my capital is protected. been a funny week, overtrading and Wednesday i didn't follow my plan 100% but i manage to break even for...
Whats next for GBP After that long bearish move down to support, can see pullback at the base as we move into asian session... plan followed scaling the stop loss , TP left open logically its a pull back with further movement down or its a quick retracement to all new highs smart move is just to scale it, moving SL into profit with each 30 min candle ,...