SUPPLY & DEMAND!!!
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Re: SUPPLY & DEMAND!!!
Yes i have massively horrible ADD. What was this one. Doji boxes i think. Takes momo to break momo. Look for entry. Could have gotten a legit 1.5R on that. 8 pip stop. Could even get a deadhorse play possibly to.
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Re: SUPPLY & DEMAND!!!
I doubled up on the risk on the first one. Was just looking at it as S/D, OB. Dont know if my observation was right. But it banked me 2R or 4r since i used some profit on it. Then the trade I should have taken which was a S/D, OB trade was higher up and then dropped to the 1m for a QM/FVG play. Could have grabbed another 3R.
- aliassmith
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Re: SUPPLY & DEMAND!!!
Mr. Hyde wrote:aliassmith wrote:Mr. Hyde wrote:
I did use a 5 pip on the top entry and grabbed 6R. Ill get there eventually. i might drive all you insane, but ill get there
GBPUSD already had several opportunities with 2 pip SL
Let me get used to a 5 pip stop. When you use a 2 pip stop, how do you even do it. Just wait till its at an extreme or beyond, place the trade and hope it doesnt sneeze the wrong way and take you out?
The gray boxes are possible trades.
They are also less than 2 pips.
To be honest, 5 pips isn't bad to use really
So what if you make less 6R trades.
I prefer bigger than 2 pips
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Re: SUPPLY & DEMAND!!!
aliassmith wrote:Mr. Hyde wrote:aliassmith wrote:
GBPUSD already had several opportunities with 2 pip SL
Let me get used to a 5 pip stop. When you use a 2 pip stop, how do you even do it. Just wait till its at an extreme or beyond, place the trade and hope it doesnt sneeze the wrong way and take you out?
The gray boxes are possible trades.
They are also less than 2 pips.
To be honest, 5 pips isn't bad to use really
So what if you make less 6R trades.
I prefer bigger than 2 pips
True. A 2 pip stop is easy on EG. Now GN, I leave that to the pro's, haha
- aliassmith
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Re: SUPPLY & DEMAND!!!
Mr. Hyde wrote:aliassmith wrote:Mr. Hyde wrote:
Let me get used to a 5 pip stop. When you use a 2 pip stop, how do you even do it. Just wait till its at an extreme or beyond, place the trade and hope it doesnt sneeze the wrong way and take you out?
The gray boxes are possible trades.
They are also less than 2 pips.
To be honest, 5 pips isn't bad to use really
So what if you make less 6R trades.
I prefer bigger than 2 pips
True. A 2 pip stop is easy on EG. Now GN, I leave that to the pro's, haha
2.5 pip SL 1R profit
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- aliassmith
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Re: SUPPLY & DEMAND!!!
Mr. Hyde wrote:I doubled up on the risk on the first one. Was just looking at it as S/D, OB. Dont know if my observation was right. But it banked me 2R or 4r since i used some profit on it. Then the trade I should have taken which was a S/D, OB trade was higher up and then dropped to the 1m for a QM/FVG play. Could have grabbed another 3R.
GBPUSDM5.pngGBPUSDM5.png1.pngGBPUSDM1.png
Just on low timeframe trades how many R have you made today?
What you have shown looks interesting.
Trade Your Way as Long as It Makes Money!
Re: SUPPLY & DEMAND!!!
aliassmith wrote:Mr. Hyde wrote:I doubled up on the risk on the first one. Was just looking at it as S/D, OB. Dont know if my observation was right. But it banked me 2R or 4r since i used some profit on it. Then the trade I should have taken which was a S/D, OB trade was higher up and then dropped to the 1m for a QM/FVG play. Could have grabbed another 3R.
GBPUSDM5.pngGBPUSDM5.png1.pngGBPUSDM1.png
Just on low timeframe trades how many R have you made today?
What you have shown looks interesting.
Sitting at 8R right now. But i also have trades open on gold, us30, GU, GA. Im not to sure exactly what i showed that looks interesting, but feel free to ask
Re: SUPPLY & DEMAND!!!
Those 3 bars down are my grade A S/D trade setup. Plus it was a QM. Then we went long at the bottom of the range and added. Still holding some. Lets see how it plays out.
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- aliassmith
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- Joined: Tue Jul 28, 2009 9:50 pm
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Re: SUPPLY & DEMAND!!!
Mr. Hyde wrote:aliassmith wrote:Mr. Hyde wrote:I doubled up on the risk on the first one. Was just looking at it as S/D, OB. Dont know if my observation was right. But it banked me 2R or 4r since i used some profit on it. Then the trade I should have taken which was a S/D, OB trade was higher up and then dropped to the 1m for a QM/FVG play. Could have grabbed another 3R.
GBPUSDM5.pngGBPUSDM5.png1.pngGBPUSDM1.png
Just on low timeframe trades how many R have you made today?
What you have shown looks interesting.
Sitting at 8R right now. But i also have trades open on gold, us30, GU, GA. Im not to sure exactly what i showed that looks interesting, but feel free to ask
I thought It was interesting that you was posting many R increases on the lower timeframes. Good work.
Trade Your Way as Long as It Makes Money!
Re: SUPPLY & DEMAND!!!
aliassmith wrote:Mr. Hyde wrote:aliassmith wrote:
Just on low timeframe trades how many R have you made today?
What you have shown looks interesting.
Sitting at 8R right now. But i also have trades open on gold, us30, GU, GA. Im not to sure exactly what i showed that looks interesting, but feel free to ask
I thought It was interesting that you was posting many R increases on the lower timeframes. Good work.
Oh. yeah, I normally get one good day a week and im pretty good at trading ranges. So it was a good combo. Been looking at 1m and 5m all day with the 1hr and daily in mind.
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