5 Oct 2021

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immy
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Posts: 9654
Joined: 22 Nov 2010, 16:46
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5 Oct 2021

Unread post by immy »

Hi 

There was nothign to trade this morning on the DAX. No movement, no setups. Simple. 

I am having a bad day, have some pain in my tummy, don't know what it is. But I'm sat on the desk watching. 

Probably won't trade the US Session on m1. But can analyse the hourly fx charts.

In this chart below I'd like to show you

How to take a SEED signal on a pullback. 
There must be an impulse move, all the other rules should be there. 
Then do this 

https://www.screencast.com/t/KHXcY0mh
Image

Note, based on D1 trend and pullback, this long setup would have been a great entry. 
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

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! 🍌
User avatar
immy
Founder
Founder
Posts: 9654
Joined: 22 Nov 2010, 16:46
14

-1% for the day - Don't trade when you're ill

Unread post by immy »

What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

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! 🍌
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