How to be a MOnster

[v8power]

4hr zline, 1hr zline, price moved its atr, round number AND another doji setup for another easy 20 pips.

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[v8power]

The idea on gold was right.. btw I had no opportunities to re enter since I was sleeping


What I think now is that the best solution is to shade the 50% to get a free trade: if price touch my original stop I'm at B/E, if it moves and I don't do nothing I'm still making money and if I can follow my trade then I can become more aggressive for free.

for_Mira.png

Thank you MO!

I'm starting to notice 1-2-3 easily now
Naturally it gives no clues on the strength of the pattern but it helps FINDING the pattern, and it's a pretty nice help!

I think that the strength of the pattern, from what I'm seeing in these days, is visible just with some confluence..
TL break, HL-LL or HL-HH, price closing above/below the previous 50% (and I don't know others for now )
That is the hardest part to learn, Zones tell little without "the story" around them, as you told me many times.

I tried to look for Zones formed at the "3" of a 1-2-3 and it looks good, but it doesn't happen so frequently.. mmm I don't know.

Daily zline, drop down to the 4hr and see a 123. Then pick your exit. 20 pip sl, 200 pip move. 10 to 1 RR.

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[Mira]

Daily zline, drop down to the 4hr and see a 123. Then pick your exit. 20 pip sl, 200 pip move. 10 to 1 RR.
audusd-d1-oanda-division1.pngaudusd-h4-oanda-division1.png

Gosh that was good
Thank you V8

I started immediately and now i'm trying this one (demo), let's see how it works!

UJ.png (15.93 KiB) Viewed 2636 times

[Mira]

Daily zline, drop down to the 4hr and see a 123. Then pick your exit. 20 pip sl, 200 pip move. 10 to 1 RR.
audusd-d1-oanda-division1.pngaudusd-h4-oanda-division1.png

Gosh that was good
Thank you V8

I started immediately and now i'm trying this one (demo), let's see how it works!

UJ.png

Not good

UJ2.png (15.64 KiB) Viewed 2726 times

[v8power]

Daily zline, drop down to the 4hr and see a 123. Then pick your exit. 20 pip sl, 200 pip move. 10 to 1 RR.
audusd-d1-oanda-division1.pngaudusd-h4-oanda-division1.png

Gosh that was good
Thank you V8

I started immediately and now i'm trying this one (demo), let's see how it works!

UJ.png

Top yellow line on 4hr is support becoming resistance and a zero/dragon line. We don't want price closing above this. Bottom yellow is confluence with crash zone plus resistance becomes support. Also it is at 112.60 so I would either aim for 112.75 or 112.50. 1hr shows pin bar with early entry at 113.40 (healf way up the wick).

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[v8power]

The next hourly bar 10 est my time I would love a red inside bar or at least just a red bar. Then sell the low.

[v8power]

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gbpjpy-m15-oanda-division1.png (47.76 KiB) Viewed 2722 times

[v8power]

After you get consistent with taking down 20 pips a trade/day then you move to the, hold for a day or two or until the crash zone is reached for the week. Then on to the WMY extreme moves. Let me give you a big tip that cost me a lot. You cant hold for a day or more based on small charts (anything under 4hr). Maybe you can a freak moves here or there but not consistenly. Watch how I take a trade on the 15m chart, where I place my SL and where it is as I move up the timeframes.

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. Look how the SL always stays outside of intraday movement. When you finally get to the daily chart your SL is underneath a S/R line and at a DWM extreme. This is a strong position. Also notice how I used Doji style exclusively on each trade. This is how you trade large charts with super small SL if you want. You could have taken the trade on the 15m with a 20 pip sl and aimed for 50 or 100 to 1 returns. With out OPM.

Does this happen all the time. *censored - swear word* NO. I have about a 60% win ratio on HTF charts. But my min RR is 5-10 to 1, with 10-20 to 1 prob about half.

The key to these type of trades is patience and waiting for the perfect setup. You need the lower time frame at a htf area of interest. Then you need a chart patter, candlestick pattern, a HTF extreme or something like a 123 setup. But they do happen and you will start to see them.

Possible one on the E/G forming right now. Look at the monthly, daily, 1hr and 30 min.

Also GA setup good.

gbpaud-d1-fx-choice-limited.png (51.26 KiB) Viewed 2714 times

[Mira]

Daily zline, drop down to the 4hr and see a 123. Then pick your exit. 20 pip sl, 200 pip move. 10 to 1 RR.
audusd-d1-oanda-division1.pngaudusd-h4-oanda-division1.png

Gosh that was good
Thank you V8

I started immediately and now i'm trying this one (demo), let's see how it works!

UJ.png

Top yellow line on 4hr is support becoming resistance and a zero/dragon line. We don't want price closing above this. Bottom yellow is confluence with crash zone plus resistance becomes support. Also it is at 112.60 so I would either aim for 112.75 or 112.50. 1hr shows pin bar with early entry at 113.40 (healf way up the wick).usdjpy-h4-oanda-division1.pngusdjpy-h1-oanda-division1.png

I drew a setup on eur/usd while I was trading UJ and it worked out magically, the one that i took obviously touched the SL

Btw.. I don't know exactly why my trade was wrong, why the right zone was that one on the 4h?

[v8power]

The next hourly bar 10 est my time I would love a red inside bar or at least just a red bar. Then sell the low.

A even better setup. Another up bar that failed to close highr then, the price action I called.