The story of Yirbu

[kiwiarian]

That was quite some reading but I caught up.

@Pro: Is he only at Dave's place or does he has his own server?

Anyway....did 2 trades today.
First one was short after breaking the asian high. Price came back up, I was the chicken and took a 2.5 pip loss. Price went back down (still at the Asian high), I entered short again and took 39 pips. Should be about X14 or so. Too bad I wasn't around for the afternoon because it went all the way up again.

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Hi Yirbu, Cpopetrader is a student of Dave's and posts inside Daves discord group.
ALias is doing what the Kiddies do with multi account trading and putting everyone to shame.

Thanks but not really.
I am testing things out and getting setup.

I can't imagine when you are setup then.....

[Yirbu]

We just had a summer storm over here. Never seen something like that before. So many trees snapped. It's a mess outside.
Didn't prevent me from holding a position over night. Choose to do so because my entry was so good I took the risk. Got scared when I peeked this morning so I exited. Still nice.

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[Yirbu]

Playing with my phone while waiting in the car. Wasn't the best entry but the rest went just fine.
Took partials above the first purple line and closed it when I arrived.

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[kiwiarian]

Playing with my phone while waiting in the car. Wasn't the best entry but the rest went just fine.
Took partials above the first purple line and closed it when I arrived.


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So just a general question, what percentage would you take partials off, and then the last part, do you move stop up slowly as it goes up etc?

[Yirbu]

Playing with my phone while waiting in the car. Wasn't the best entry but the rest went just fine.
Took partials above the first purple line and closed it when I arrived.


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So just a general question, what percentage would you take partials off, and then the last part, do you move stop up slowly as it goes up etc?

It differs. If I take partials I am not sure about the situation or not able to manage the trade (like now I was on the road)
Sometimes I take 20%, sometimes 90% and everything in between. In general I don't like to take partials.

I actually rarely move my stop. I feel I get knocked out more if I do so and I don't understand completely why that is.

[Yirbu]

Took this one today;
There was a break of structure to the downside and I was waiting for the pullback to end and price to return down again.
Entered a trade down at this level but got knocked out fast.
Guess if we are not going down... we are going up. Price was also driven by making a new lod and there was more to mitigate.
Switched and got long of this IB.
Exited at the reaction when taking that high.

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[Yirbu]

Trade just before diner.
Price took the HOD and reacted. Felt like a fast trade but still was 22mins. Now diner

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[Yirbu]

Tried a couple more trades.
Took 2 shorts...risky and in retrospect not the most wise thing to do.
Last trade I took 85% of that leg. Happy with that.

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[Yirbu]

Had a nice trade this morning
UJ traded above the Asian high and reversed.
37pips and 15R or so.
I like these setups. Thx Don!

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[Yirbu]

And one more;

Textbook: Price peeked above the London session, came back down, BOS, back up into that zone to mitigate the area and I went short at the Z-line.
I was lucky that I opened my charts right at that time because I'm sure I would have taken the short a couple of minutes earlier and would have had some drawdown. Now; 0 drawdown.
Together with my morning trade on UJ, I took more pips as the daily range.