How to be a MOnster

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MightyOne
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Re: How to be a MOnster

Postby MightyOne » Tue Jul 25, 2017 5:45 pm

Excuse the hack-job.

The three bottoms on the left are similar to what you see on the right.

There is always a way to get in, you might not like halving or quartering your trade size but where there is a will there is a way...

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Mira
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Re: How to be a MOnster

Postby Mira » Wed Jul 26, 2017 1:44 pm

MightyOne wrote:Excuse the hack-job.

The three bottoms on the left are similar to what you see on the right.

There is always a way to get in, you might not like halving or quartering your trade size but where there is a will there is a way...

for_Mira.png



Thanks MO.. i wanted to stay on it for a while.
Waiting for a wick raises the win percentage but the risk may is a worst price (= a smaller size).

Btw today it looks to be obvious that price went straight away, if this is how the market move then i think that "few" people are trading in these days..

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No Stops = No Trades :lol:
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Mira
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Re: How to be a MOnster

Postby Mira » Fri Jul 28, 2017 10:48 am

I'm posting a fail just to understand what went wrong:

This pics are from yesterday:

IMG_1006.PNG
IMG_1006.PNG (67.97 KiB) Viewed 2633 times


IMG_1005.PNG
IMG_1005.PNG (75.02 KiB) Viewed 2633 times


Price wicked the zone, on a lower tf there was a BPD, my entry was a little high because of spread so I kept my sl under the H1 pivot but it was a bad choice.
I knew that my first target was far too..

Result:

The Zone was still valid on a H4

IMG_1011.PNG
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BO/BI on H1

IMG_1012.PNG
IMG_1012.PNG (69.52 KiB) Viewed 2633 times


I need to avoid this early entries somehow.. :roll:
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trojoh68
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Re: How to be a MOnster

Postby trojoh68 » Sat Jul 29, 2017 3:19 am

Image

Thanks for posting this trade. I added another line to your chart that shows how I see it (in hindsight). It looks like price returned again to a previous DojiZone. So, perhaps your entry was actually late rather than early. But with that long bearish candle coming down, it would have taken some courage to have entered there. Hopefully, Doji will respond and all of us will learn from it.

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Re: How to be a MOnster

Postby dojirock » Sat Jul 29, 2017 6:08 am

trojoh68 wrote:Image

Thanks for posting this trade. I added another line to your chart that shows how I see it (in hindsight). It looks like price returned again to a previous DojiZone. So, perhaps your entry was actually late rather than early. But with that long bearish candle coming down, it would have taken some courage to have entered there. Hopefully, Doji will respond and all of us will learn from it.
u

Because I take short trades, my entry would have been the 1st pullback on the left...
if and when it comes back again like it did on the right, I would look for new setup.
Once I have a trade or reversal trade on a zone, that zone is pretty much over for me.

doji
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"A small loss is just as satisfying as a large gain" -MO
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Mira
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Re: How to be a MOnster

Postby Mira » Sat Jul 29, 2017 2:21 pm

dojirock wrote:
trojoh68 wrote:Image

Thanks for posting this trade. I added another line to your chart that shows how I see it (in hindsight). It looks like price returned again to a previous DojiZone. So, perhaps your entry was actually late rather than early. But with that long bearish candle coming down, it would have taken some courage to have entered there. Hopefully, Doji will respond and all of us will learn from it.
u

Because I take short trades, my entry would have been the 1st pullback on the left...
if and when it comes back again like it did on the right, I would look for new setup.
Once I have a trade or reversal trade on a zone, that zone is pretty much over for me.

doji


Thank you both!

Yea, i was thinking the same but i wanted to try.. i remember they calling this "fresh" or "not fresh" levels.
In fact this would be like trading a resistance, not a big deal :D

A break below and then above would have been a new "fresh" level.
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Mira
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Re: How to be a MOnster

Postby Mira » Mon Jul 31, 2017 7:28 am

Back to trading

IMG_1041.PNG
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tom7ak
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Re: How to be a MOnster

Postby tom7ak » Mon Jul 31, 2017 8:15 am

:) u never give up, do u?
you got 2 slow it down
and then u pick it up - PF
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tom7ak
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Re: How to be a MOnster

Postby tom7ak » Mon Jul 31, 2017 8:20 am

EURGBPH4.png
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you got 2 slow it down
and then u pick it up - PF
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Mira
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Re: How to be a MOnster

Postby Mira » Mon Jul 31, 2017 8:40 am

Mira wrote:Back to trading

IMG_1041.PNG


Correct tp and sl

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