Trades Week Ending 13/1/2023

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    • #52013
      ImpliedOdds
      Participant

      Looking at EUR/GBP short. Mostly current longs. Near proximity blue stops below. Price at middle band. Still on demo. Not taking live trade.

    • #52017
      ImpliedOdds
      Participant

      My target .87649 (25 pips)

    • #52160
      ciprobay
      Participant

      currently in EG long, seems like medium confidence trade due to low dumb$ bias (histogram < 10)

      thesis
      =====
      MTS cloud @ top (up), sorta shorties (up), shorties stucx (support), redSq (up), but sorta collapsing, stopHunted @ bottom (up), but within longies dumb$ tolerance

      • #52170
        Ben
        Participant

        @Ciprobay I’m also in this trade this morning. Keep an eye out for BoE Governor Bailey speaking at 10:10 this morning, might cause some volatility in the GBP if you’re still in the trade. I’m closing out at the first MTS at 0.8840.

    • #52205
      Thuy Pham
      Participant

      Djamal is in this UJ sell trade. Notice how the MTS below the price are gone but price didn’t hit it yet. Does that mean the trade is invalid?

    • #52251
      Thuy Pham
      Participant

      Djamal is in this UJ sell trade. Notice how the MTS below the price are gone but price didn’t hit it yet. Does that mean the trade is invalid?

      If anyone want to know, Djamal said yes, the lower MTS was pulled, so trade is invalid and should close out

    • #52267
      ciprobay
      Participant

      Djamal is in this UJ sell trade. Notice how the MTS below the price are gone but price didn’t hit it yet. Does that mean the trade is invalid?

      If anyone want to know, Djamal said yes, the lower MTS was pulled, so trade is invalid and should close out

      yes I’ve noticed disappearing MTS phenomenon happens, especially when monitoring the chart in real time daytrade style…

      but am still sticking to H1 swings

      but my point is, those MTS targets are not necessarily static as time goes…

      • This reply was modified 2 weeks, 5 days ago by ciprobay.
      • #52385
        Christopher Miranda
        Participant

        Of course stops/DM can appear and disappear. Those are real companies, algos, people etc making real world choices behind what we see on the screens, right.

    • #52468
      Admin SME
      Keymaster

      Well done on EG.

      Djamal did the same:

    • #52639
      Thuy Pham
      Participant

      EURGBP buy
      More shorties coming in, MTS above price, Net DM squeeze still in play

    • #52868
      Tim Tim
      Participant

      All my analysis and trades for the week,

      Trade 1

      Trade: Short USDJPY
      Trade type: 4H trade rotation + MT stop target Date: 08.01.2023
      Trade idea: Move down to take out lower stops and complete 4H range rotation
      Y-axis PB: Some long positions blocking price (positive) 100%
      X-axis PB: New longs just entered the market( positive) 100%
      Net DM: Net shprt but short decreasing and longs increasing (Neutral-positive) 75%
      Net T-in-prof: Shorts in profit (negative) 0%
      Lev Positions: Not clear (Neutral) 50%
      1D chart: Just cleared MA(positive)100%
      Where in range: Just taken top of the range but in middle(Neural-positive)75%
      Trade Score: 5/7 71% (medium to high confidence)

      Entry: 132.059
      SL:134.605 (above the higher long positions)
      TP1:130.350(at low of range and lower MT stops)
      TP2: (To be determind or triggered by DM switch)

      1

      TP1: closed 50% at a bit below target 130.100 (at the MT stops)

      2

      Trade Closed: 128.150 at the lowest MT stop and long squeeze collapse + bottom of $H range.
      Outcome: Hit all targets – Good trade with small drawdown but overall good.

      3

      • This reply was modified 2 weeks ago by Tim Tim.
      • This reply was modified 2 weeks ago by Tim Tim.
      • #53090
        FractalFreak
        Participant

        Great, your analysis was correct and the trade also worked.

        That is it.

        D

        PS: It is “H4 reversal”, not “rotation”. 😉

    • #52875
      Tim Tim
      Participant

      Trade 2

      Trade: EURGBP
      Trade type: MT stoprun + 4H range rotation Date:09/01/2023
      Trade idea: Move up to take out the MT stops and complete raneg against new shorts
      Y-axis PB: Some small longs above blcoking but not much(neutral – positive) 75%
      X-axis PB: New big longs enetring the market (positive) 100%
      Net DM: Short squeez in play but longs increasing (Neutral) 50%
      Net T-in-prof: No positions in profit(positive) 100%
      Lev Positions: No leveraged longs (negative) 0%
      1D chart: Not in play 100%
      Where in range: Bottom of the range(positive) 100%
      Trade Score: 5.25/7 75% (medium – high confidence trade)

      Entry: 0.87989
      SL:0.87250 (below the lower MT stops)
      TP1:0.8870(at the range high)
      TP2: (To be determed or triggered by DM switch)

      4

      TP1 : closed 50% at lowest stop. Holding 50% to upper stop 0.88800

      5-1

      Trade Closed: 0.88365
      Outcome: TP2 taken in a panic and then price moved up to hit original target. Should have waited as no big longs came in.

      7

      What happened after closing trade: Hit original target

      8

      • #53092
        FractalFreak
        Participant

        Very good trade,

        well done!

        D

    • #52881
      Tim Tim
      Participant

      Trade 3

      Trade: GBPJPY
      Trade type: 4H range rotation + MT stop run Date: 09/01/2023
      Trade idea: Move down to complete range rotation and take lower MT stop
      Y-axis PB: No position clear 100%
      X-axis PB: New longs moving in but still some shorts in the market (netrual to positive) 100%
      Net DM: no clear direction (neutral) 50%
      Net T-in-prof: Longs almost in profit (positive) 100%
      Lev Positions: No leveraged longs (negative) 0%
      1D chart: MA just above price (negative) 0%
      Where in range: At top of 4H range (positive) 100%
      Trade Score: 4,5/7 64% (medium confidence trade)

      Entry: 160.580
      SL:163.300 (no clear place to put SL)
      TP1:157.500(at bottom of range)
      TP2: (To be determed or triggered by DM switch)

      9

      TP1: 157.930 taken because large new short position came in to market. Stop was also moved to entry to protect position.

      10

      TP2: 50% of trade still open

      • #53093
        FractalFreak
        Participant

        Good Tim,

        looks like you start to get the hand of it.

        😉

        D

    • #52885
      Tim Tim
      Participant

      Trade 4

      Trade: EURJPY
      Trade type: 4H range rotation trade Date:12.01.2023
      Trade idea: Move down to complete a 4H range rotation
      Y-axis PB: Not clear no visible positions (Neutral) 50%
      X-axis PB: Old short but new longs entering the market(Neutral-positive) 50%
      Net DM: Net DM short but short decreasing and longs increasing(Neutral) 50%
      Net T-in-prof: No positions in profit longs close to in profit(positive) 100%
      Lev Positions: Some longs leveraged (positive) 100%
      1D chart: 200 MA below price (positive) 100%
      Where in range: Very top of range with reaction(positive) 100%
      Trade Score: 5.75/7 82% (medium – high confidence trade)

      Entry: 141.624
      SL:143.350 (above high with big margin of error because no stops or positions to use)
      TP1: 139.9 ( middle of the range and below small consolidation)
      TP2: (To be determed or triggered by DM switch)

      11

      TP1: 138.00 50% position closed – TP2 set for bottom of range

      12

      TP2: 138.498 closed 25% at MT stop target

      13

      TP3: Trade still open

      • #53091
        FractalFreak
        Participant

        GREAT,

        this trade was flawless.
        Typical H4 reversal trade.

        Cool.

        D

    • #52890
      Tim Tim
      Participant

      Trade 5

      Trade: Long USDCAD
      Trade type: 4H Range rotation trade Date:11.01.2023
      Trade idea: Move up to complete rotation of the 4H range
      Y-axis PB: Longs blocking price (negative) 0%
      X-axis PB: Old longs and small new shorts (Neutral) 50%
      Net DM: Long squeeze(negative) 0%
      Net T-in-prof: No positions in profit (positive) 100%
      Lev Positions: No lev positions(negative) 0%
      1D chart: 100 D MA above price (positive) 100%
      Where in range: Bottom of 4H range with reaction (positive)100%
      Trade Score: 3.5/7 50% (very low confidence trade should not have taken)

      Entry: 1.34329
      SL:1.33033 ( below low with big margin)
      TP1:1.370( top of 4H range)
      TP2: (To be determed or triggered by DM switch)

      15

      Update: trade still open in big drawdown but missed stop loss

    • #52913
      ciprobay
      Participant

      @Tim Tim

      I have a feeling these are your A+ setups using on the UJ H4 using MK…
      with confirmed dumb$ switch as counterTrend entry…

      • #52937
        Tim Tim
        Participant

        are you asking me a question? Not sure

        I guess so but its more the trading style I use because I work full time and don’t have time to scalp all day. You could get A+ scalp trades just depend if you have time to sit in front of computer all day.

        UJ was great trades last couple weeks respecting the 4H range very well

    • #53080
      Admin SME
      Keymaster

      Well done. Let us know whenever we should ask Djamal to comment.

      SME FX

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