DAILY WICK ZONE TRADING

[zonescalping]

You are trading in the WRONG DIRECTION!

Let price enter the zone and trade when it exits the zone.

Watch my WICK ZONE videos on YouTube.

Start small and learn the method before risking large amounts of money.

I realize that something is wrong. Today i made 10 trades and all loss trades. but i trade away from zones in the direction of price move.

[zonescalping]

I think i slowly get it. Now i want only trade in the direction of previous candle. So if H4 close below previous candle low its mean that we have down trend and only shorts on that timeframe. This agree to all timeframes that we trade (MN,W,D,H4). But its still alot work for me. Manage my trades, stop loss etc.

[TheRumpledOne]

I think i slowly get it. Now i want only trade in the direction of previous candle. So if H4 close below previous candle low its mean that we have down trend and only shorts on that timeframe. This agree to all timeframes that we trade (MN,W,D,H4). But its still alot work for me. Manage my trades, stop loss etc.

NO.
Watch my videos.

[zonescalping]

Today small winner trade.

Another small loss and big win. I like horizontal lines

[TheRumpledOne]

It appears you are entering late! Entry is at the line!! You don't need other indicators.

[TheRumpledOne]

EURJPYH1.png (38.42 KiB) Viewed 3518 times

USDJPYH1.png (66.75 KiB) Viewed 3518 times

[wannalearn12]

Avery, we have emailed.

I wished to drop a question or two, as I only like to trade one to two methods with specific entries. I have been spinning my wheels the last few weeks (not really going anywhere - up or down)

EJ is a bread and butter daily and weekly wickzone trade - looking for +5 - the only problem is, with a +5 goal you need a rather large stop for wiggle room - say 20 pips. So, if you want to get even a single % out of the +5 you need to risk 4%. You could win all week and lose everything on the last day.

Trading IS easy - but at the same time it is rather complicated.

I know how to follow precise directions, and need a game plan the entire way. If this happens, do this, and then if this happens, do this next. ect.

Questions / correct me if I am wrong for EJ daily break / other questions-

1. Most of the time EJ will break during the London (and I am fast asleep). I tend to leave the trade set up with the weekly and previous day bias with a 1:1 risk reward ratio (20 and 20). So for tomorrow I have said trade set up LONG at the extreme of yesterday with a 1:1 R:R(20 pip TP and 20 pip SL) and I have a BE+2 set for +5 pips profit, a partial close at +10, and a trailing stop set at +15.

2. I risk 2% with a 20 pip stop and will not enter if the daily range is not normal when I set the trades up (post tokyo) pre london

3. This sounds like a solid plan - but in reality is it really? Can I really do this for a career only taking one trade a day?

4. Whiplash with counters can be devastating. Countering the other side of the Wickzone with a 200% counter - increasing risk to 4% - works in theory but if that fails your up a creek ( and it doesn't smell good)

Feeling lost, and a bit directionless. My brain swarms with trading information - but I feel as though I have no plan - I cannot make a business out of this without a plan. There are many ways to trade and I find most of them to be same.

5. Would you be willing to share a solid plan - something that I can focus 100% of my attention on - I am a US trader and wish to trade the New York (i am tired of waking up at 2 am for the london) Point me in the right direction (method to trade for the New York, simple entry simple exit plan with % risk?) I am open to anything - I know I have the mojo for this - just need a senpai to guide me. I have watched your videos, but am having trouble putting something solid together. There are SOOOO many methods - I just need one mehtod on one pair, one-three entries a day with a step by step strategy.

My brain is so scattered these days - none of this probably makes sense ( engineering courses for you). I pulled in nice gains trading wickzones on a bunch of pairs - but quickly saw that they can be taken away without changing any variables in a method.


Thank you in advance,

A troubled aspiring professional trader looking for direction.

V

[zonescalping]

I think i slowly get it. Now i want only trade in the direction of previous candle. So if H4 close below previous candle low its mean that we have down trend and only shorts on that timeframe. This agree to all timeframes that we trade (MN,W,D,H4). But its still alot work for me. Manage my trades, stop loss etc.

NO.
Watch my videos.

So you watch candles colors. That is ok but i prefer for a moment close price to determinate direction for current timeframe.

[zonescalping]

It appears you are entering late! Entry is at the line!! You don't need other indicators.

I know. I'm just testing many different thinks. Sometimes price activate order and drop for stop loss. So if you wait for close price you can avoid fake entrys but sometimes price run very fast. I also try manage my trade, so if price close outside zone i enter, when is close inside zone i exit. Indicator that visible is for exit. For now i have problem to determinate when its time to exit. Just testing everything.

Funny thing is that, there is possibility to enter on small timeframe (breakout zone) and hold for large profit. Many options to trade.

[TheRumpledOne]

Avery, we have emailed.

I wished to drop a question or two, as I only like to trade one to two methods with specific entries. I have been spinning my wheels the last few weeks (not really going anywhere - up or down)

EJ is a bread and butter daily and weekly wickzone trade - looking for +5 - the only problem is, with a +5 goal you need a rather large stop for wiggle room - say 20 pips. So, if you want to get even a single % out of the +5 you need to risk 4%. You could win all week and lose everything on the last day.

Trading IS easy - but at the same time it is rather complicated.

I know how to follow precise directions, and need a game plan the entire way. If this happens, do this, and then if this happens, do this next. ect.

Questions / correct me if I am wrong for EJ daily break / other questions-

1. Most of the time EJ will break during the London (and I am fast asleep). I tend to leave the trade set up with the weekly and previous day bias with a 1:1 risk reward ratio (20 and 20). So for tomorrow I have said trade set up LONG at the extreme of yesterday with a 1:1 R:R(20 pip TP and 20 pip SL) and I have a BE+2 set for +5 pips profit, a partial close at +10, and a trailing stop set at +15.

2. I risk 2% with a 20 pip stop and will not enter if the daily range is not normal when I set the trades up (post tokyo) pre london

3. This sounds like a solid plan - but in reality is it really? Can I really do this for a career only taking one trade a day?

4. Whiplash with counters can be devastating. Countering the other side of the Wickzone with a 200% counter - increasing risk to 4% - works in theory but if that fails your up a creek ( and it doesn't smell good)

Feeling lost, and a bit directionless. My brain swarms with trading information - but I feel as though I have no plan - I cannot make a business out of this without a plan. There are many ways to trade and I find most of them to be same.

5. Would you be willing to share a solid plan - something that I can focus 100% of my attention on - I am a US trader and wish to trade the New York (i am tired of waking up at 2 am for the london) Point me in the right direction (method to trade for the New York, simple entry simple exit plan with % risk?) I am open to anything - I know I have the mojo for this - just need a senpai to guide me. I have watched your videos, but am having trouble putting something solid together. There are SOOOO many methods - I just need one mehtod on one pair, one-three entries a day with a step by step strategy.

My brain is so scattered these days - none of this probably makes sense ( engineering courses for you). I pulled in nice gains trading wickzones on a bunch of pairs - but quickly saw that they can be taken away without changing any variables in a method.


Thank you in advance,

A troubled aspiring professional trader looking for direction.

V

Give me a call. If you don't have my cell number then send an email to me.