SUPPLY & DEMAND!!!

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aliassmith
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Re: SUPPLY & DEMAND!!!

Postby aliassmith » Wed Mar 23, 2022 10:22 pm

prochargedmopar wrote:Hmmm,

How many 'points', ticks, handles, per move? I have no idea.
Got use to NAS. LOL

##ICT1.JPG
##ICT3.JPG##ICT4.JPG##ICT5.JPG


It moves enough to use points.
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Re: SUPPLY & DEMAND!!!

Postby Mr. Hyde » Mon Mar 28, 2022 8:19 am

prochargedmopar wrote:BTW,
The upper box is not marking a gap.
I added 2 red lines to clarify what I was looking at.

##ICT4.JPG


Yeah, I got no idea what any of your lines or boxes mean. I have no idea what you see or how you see it, but *censored - swear word* respect man. Its awesome to see you so in tune with the market

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Re: SUPPLY & DEMAND!!!

Postby Mr. Hyde » Mon Mar 28, 2022 8:32 am

Pretty shitty week for me last week. Nothing really worked for me. Scrap it. New week, new trades, lets do this

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Re: SUPPLY & DEMAND!!!

Postby Mr. Hyde » Mon Mar 28, 2022 8:40 am

We ran the lows. Then market shift + FVG. So lets go long. Plus there are tops that we should want to run. But there are lows below to. So since im long it will probably go short.
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Re: SUPPLY & DEMAND!!!

Postby Mr. Hyde » Mon Mar 28, 2022 8:42 am

This was a easy one. Yens have gone crazy so just buy and hold. Ascending triangle. 5R
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Re: SUPPLY & DEMAND!!!

Postby Mr. Hyde » Mon Mar 28, 2022 8:58 am

Mr. Hyde wrote:This was a easy one. Yens have gone crazy so just buy and hold. Ascending triangle. 5R


Def got out way to early

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Re: SUPPLY & DEMAND!!!

Postby Mr. Hyde » Mon Mar 28, 2022 9:04 am

Just missed my entry
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Re: SUPPLY & DEMAND!!!

Postby Don_xyZ » Mon Mar 28, 2022 2:22 pm

Mr. Hyde wrote:This was a easy one. Yens have gone crazy so just buy and hold. Ascending triangle. 5R


Nice.
I’m revisiting S/D concepts as this thing is all over the chart.
My threads

Patterns Observation
post148989#p148989

BONZ
post151670#p151670

MENTAL FORTIFICATION
post168148#p168148

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Re: SUPPLY & DEMAND!!!

Postby Mr. Hyde » Wed Mar 30, 2022 8:29 am

It is absoultely amazing at how much i suck at trading, outside of just trading patterns. You would think after all these years and all this chart time, I could win a few scalp trades. I *censored - swear word* hit 30 pip stops before i even get 10 pip profits, haha.

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Re: SUPPLY & DEMAND!!!

Postby aliassmith » Wed Mar 30, 2022 9:58 am

Mr. Hyde wrote:It is absoultely amazing at how much i suck at trading, outside of just trading patterns. You would think after all these years and all this chart time, I could win a few scalp trades. I *censored - swear word* hit 30 pip stops before i even get 10 pip profits, haha.


Your mind isn't trained/conditioned to scalp. If you do train it you could mess up your other strategies.

Dude if you are trying to get 10 pips when scalping you are doing it wrong. :lol: Especially with a 30 pip stop. Sounds more like low timeframe swing trades.

IMO scalping is a sub 1R game. I do a combination of scalping and micro-swing trades (2R+)

If you catch 10 pips on a major currency take it. Learn how to see a profit a say to yourself "good enough, there will probably be more trades coming"

If you have a 3 pip to 5 pip SL you might grab 4 to 8 depending on how it looks. $400k FTMO risk about 70 lots then you'll grab $2800 to $5600 as an example. So $3500 average for 6 trades and -$3000 over 4 trades. Net $9000 with 10 trades and 60%.

Now the secret is out scalping isn't "Better" than swing trading.
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