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Minsk
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Re: H1: Trades, Ideas, Chat

Unread post by Minsk »

immy wrote: 02 Jun 2022, 12:33
kvr1966 wrote: 02 Jun 2022, 11:03 Pending Order on the 12:00 signal EUR-USD



 
Not a setup for me due to the following reasons on the chart 
 

 
THank you for comments. Looking now again i see what you say. This is not a good trade, and if it succeeds it's a lucky one.
The 5xHTF line is just plain stupid I didn't pay attention to it. I did not put it there to ignore it.
The swing high and lows, I can see them.  When are these a potential problem? And when are they not? I didn't see this situation as Trading Range. So that's why I didn't see them as potential problem. Do I make a thinking error here?
 
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immy
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Re: H1: Trades, Ideas, Chat

Unread post by immy »

kvr1966 wrote: 02 Jun 2022, 13:13
immy wrote: 02 Jun 2022, 12:33
kvr1966 wrote: 02 Jun 2022, 11:03 Pending Order on the 12:00 signal EUR-USD




 
Not a setup for me due to the following reasons on the chart 
 


 
THank you for comments. Looking now again i see what you say. This is not a good trade, and if it succeeds it's a lucky one.
The 5xHTF line is just plain stupid I didn't pay attention to it. I did not put it there to ignore it.
The swing high and lows, I can see them.  When are these a potential problem? And when are they not? I didn't see this situation as Trading Range. So that's why I didn't see them as potential problem. Do I make a thinking error here?
 

 
swing highs and lows are not just for potential support or resistance. Swings show us trend. Here the Strong Swing is bearish. But as we can see now, price is going up, so it would appear that buyers were stronger and remained stronger at those levels. Your trade is successful... The thing is, your trade was a valid banana setup. that's also important. 

but if you are to use the other indicator yet ignore the readings of the indicators, you are training yourself to NOT follow your indicator.s hope it makes sense. 


 
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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Minsk
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Re: H1: Trades, Ideas, Chat

Unread post by Minsk »

immy wrote: 02 Jun 2022, 13:54
kvr1966 wrote: 02 Jun 2022, 13:13
immy wrote: 02 Jun 2022, 12:33
kvr1966 wrote: 02 Jun 2022, 11:03 Pending Order on the 12:00 signal EUR-USD





 
Not a setup for me due to the following reasons on the chart 
 



 
THank you for comments. Looking now again i see what you say. This is not a good trade, and if it succeeds it's a lucky one.
The 5xHTF line is just plain stupid I didn't pay attention to it. I did not put it there to ignore it.
The swing high and lows, I can see them.  When are these a potential problem? And when are they not? I didn't see this situation as Trading Range. So that's why I didn't see them as potential problem. Do I make a thinking error here?
 


 
swing highs and lows are not just for potential support or resistance. Swings show us trend. Here the Strong Swing is bearish. But as we can see now, price is going up, so it would appear that buyers were stronger and remained stronger at those levels. Your trade is successful... The thing is, your trade was a valid banana setup. that's also important. 

but if you are to use the other indicator yet ignore the readings of the indicators, you are training yourself to NOT follow your indicator.s hope it makes sense. 


 

 
That defo makes sense, and it's a DS0 because of that. I want higher probability setups, that's why the 5xhtf line is on the chart. 


 
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immy
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GBPJPY Limit Buy - PO

Unread post by immy »

GBPJPY Limit Buy
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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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AUDUSD Limit Buy on Seed

Unread post by immy »

AUDUSD Limit Buy on Seed

Clearly trending up all day, and on the D1 ... 

 
You do not have the required permissions to view the files attached to this post.
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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AUDJPY High Quality Signal - Oh yes

Unread post by immy »

This setup was good. It has too many good things in its favour

We see a Trend , a breakout trend on d1

Then we see a H4 Setup 
When the H4 setup is trigered then we see a H1 signal

High quality Setup. 
You do not have the required permissions to view the files attached to this post.
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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Re: H1: Trades, Ideas, Chat

Unread post by immy »

kvr1966 wrote: 02 Jun 2022, 11:03 Pending Order on the 12:00 signal EUR-USD


 
3R hit I see?  :wd  :dance  :party
 
  
  
 
You do not have the required permissions to view the files attached to this post.
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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Minsk
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Re: H1: Trades, Ideas, Chat

Unread post by Minsk »

immy wrote: 02 Jun 2022, 16:28
kvr1966 wrote: 02 Jun 2022, 11:03 Pending Order on the 12:00 signal EUR-USD



 
3R hit I see?  :wd  :dance  :party
 
  
  
 

 
yes, it did 3R. That's nice, but I'd rather have higher DS scores, then R's will come because of that
 
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Minsk
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Re: H1: Trades, Ideas, Chat

Unread post by Minsk »

I Placed a Limit Buy order on the Seed on USD-JPY.
Levels are more than 20 candles away, that's my count. Referring to to highest level in the screenshot.

 
 
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immy
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Re: H1: Trades, Ideas, Chat

Unread post by immy »

kvr1966 wrote: 03 Jun 2022, 10:28 I Placed a Limit Buy order on the Seed on USD-JPY.
Levels are more than 20 candles away, that's my count. Referring to to highest level in the screenshot.

 
 

 
Hi, hope it works... Not a setup for me. This is exactly the same as the USDCAD trade you took. Trading Range... cheers
 
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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