5 Nov 2021

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immy
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Joined: 22 Nov 2010, 16:46
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5 Nov 2021

Unread post by immy »

What a day it was yesterday and today started with a blast from GU

GU was clearly a Famous setup from yesterday. I did not trade the Famous, since I have the H1/M5. method

As soon as price broke below the overnight FLAT range (classic Famouse setup) I was on it. 

I trdaed it on m1 twice, then I traded it on M5 twice 

https://www.screencast.com/t/3jC6tO5AI3IF
Image

Here is the GU Range ... 
GU Range.png
  when this range was broken, to the downside we were in business. 

Well done Emma for taking Signal 1 within a strong move, and got 2R. What a smashing trader.  :bow

Trades on M5 
https://www.screencast.com/t/nAxfzOucJsb
Image
 

After this I took a long on NASDAQ m5 , same concept. The Exact opposite of GU. 

And then samme H1/M5 concept on EU... Great trade but market F***** me before going to the 2R Target. 
EUR/USD 
https://www.screencast.com/t/oQbzGbPS
Image

Stop Loss to BE 
https://www.screencast.com/t/ucCd0jw4k7Sz

Image

Result BE: F********
https://www.screencast.com/t/R3IYgRw2xOhd
Image
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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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immy
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Posts: 9654
Joined: 22 Nov 2010, 16:46
14

EURUSD

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

The FAMOUS Setup - GBP-USD

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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Darren
Posts: 891
Joined: 20 Nov 2012, 13:54
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Re: 5 Nov 2021

Unread post by Darren »

That is a great adaptation of the famous on M15  :D
 
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