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Hi guys and girls,
first of all i all wish you a happy and healthy new year. Of course the big goal is to become consistently profitable. I will especially focus on trademanagement and profit taking. The year already started good because i met another german trader who shares the same passion. I can only ecourage everyone who reads this thread to take part you can´t do anything wrong.
For tomorrow i will share with you my gameplan for 2 pairs i am looking for:
EURUSD:
– 4h Chart definitly short looking. Some fake resistance at the last weeks lows
– Lots of buyser above
– LTS on the horizon like Djamal already mentioned
– Squeeze line green up
– 1h chart last week cleared mts Friday cleared the remaining possible shorts
-Plan is to short under Dayopen, fake support can be used for a small upmove so carefull. Last weeks low can be used as short entryXAUUSD:
– 4H chart week highs are looking like resistance
– Suqeezlien red is up, very sensitive to shorts besides lots of buyers
-1h Chart lots of targets below
-above some resistance looking like structure
– buyers are very present but the market is really sensitive regarding sells
– plan is to long above previous weekly low and dopen if a break of the weekly low occures i am looking to shortI wish you all a great trading week. Have fun!
Kind reagards
FabianHabe dir gerade eine Mail geschickt. Du kannst deinen Post editieren und die Mailadresse löschen.
Hi Corey,
es würde mich sehr freuen wenn wir in Kontakt treten, ich weiß leider nicht wie ich dir eine persönliche Nachricht über dieses Forum senden kann. Wenn du mir deine Mail Adresse zukommen lässt werde ich dir meine Nummer zusenden.
Gruß
FabianHi guys and girls,
i am not gone just busy . Last weeks trading was a rollercoster but in the end successfull thanks to the stops i now use :D. I currently struggle with the compatiblity of my tradingstyle where i use lower timeframes to open trades and then hold them on longer timeframes. I like it alot but it takes alot of time which i don´t have. Higher timesframes will result in less trades with lower RR and one thing i really don´t like which is holding positions over days. Nevertheless i have to do it for the long run and to be more intune with the MK approach.
But first i will take a break from trading and enjoy the holidays with my family and in the nights i will binge watch djamal as soon as i have access to the video course :D.
I wish you all a merry christmas a sucessfull and most important healthy new year.
Kind reagards
FabianHi MK Web Team,
How can i Access the Video Course?
Kind regards
FabianWow christmas is coming early this year 😀
Hi guys and girls,
tomorrow the trading week will start again i am looking for 3 pairs i will share with you:
AUDUSD:
– lot´s of green PB Bars
– Squeeze Indicator is up and green
– some semi smart money shorts are in
– Plan is to short either i wait to short after the fill of the order gap zone or start directly shorting, i will see wha asia dd tomorrowGBPUSD:
-Lot´s of green PB Bars up
– Squeeze Indicator is up and green
-MTS below
– Plan is to shortXAUUSD:
– lot´s of green PB Bars
– Squeeze Indicator is now up and green
– MTS Below
– Semi Smart money is shorting
– Plan is to short i don´t see no actual setup nowAs you can see short is the way to go for me. Goal for the week is to work on my riskmanagement.
Kind regards und viele Grüße
FabianGood evening guys and girls,
thank you Djamal for your response. I know that riskmanagmenet is one of the most important aspects of trading but i just had/have a barrier inside me. So i came up with a solution:
I traded the last two days with stops on every trade. On Tuesday i simply put trades on the chart with a sl just to make it a habbit. Furthermore i introduced an awareness mechanism it is a …….ruberband. Yeah you read that right. On tuesday i watched a documentation about some professional american football players who are performing on the absolut top at their sport. In one of the training sessions they used neuronal feedback to improve concentration, reduce fear and anxiety and lots of other beneficial things. At that moment i remembered a post of a trader who developed bad habits and used a rubberband everytime he traded. He used it everytime he went against his system to “punish” himself. At that time i found it very stupid but it helps alot. If i forget or didn´t want to place a sl i snap the rubberband which is attached to my wrist. Alone the presence of the rubberband and the possible pain prevented me from not using a sl. Furthermore i don´t overleverage my trades in an attempt to average down anymore.The new indicator looks amazing i watched your video and checked every pair afterwards the results are great. Sometimes it gets a little bit confusing because it contradicts with the other indicators, but is completly avoidable if you just trade when everything alings.
I wish you all a great trading day tomorrow!
Kind regards und viele Grüße
FabianGood evening everybody,
trading today was a rollecoaster. Especially my favorite pair gave me a huge nutshot. The market just ran and ran against me. So what did i do, i added and added like an idiot i was so convinced of my analysis that i kept going and suddenly i nearly gave back my last weeks profit. Gold fortunatly turned and with the other pairs i had a small green day. But it was a complete shitshow.
I need to work on that and find a way to change my behaviour .I don´t know but i feel that there is a huge wall in me who is rebbeling on proper Riskmanagement. But this is the way where at some point i fuck up my account.Hope you had a better day.
Kind reagards und viele Grüße
FabianGood evening guys and girls,
like the last sundays i post my analysis of the pairs i will trade tomorrow. I already had a look at the new indicator and am excited to see the impact it will do on future analysis.
AUDUSD:
– H4 on the lower bands
– Lot´s of longs are in the market ( PB Bars) and positions indiator
– Shorts are in profit
– Squeeze indicator longs green line is very high
– Short targets belowThe only thing which speaks against shorting is the h4 band, but the Buyers and the short squeeze indicator are really really strong. Plan is to look a short at the above PB Bars and ride the shorts down.
GBPUSD:
– on the H4 chart on the upper band
– Squeeze indicator is green but not rising
– Lot´s of green PB Bar above
– More Buyers then sellers and rising buyers
– Furthermore Buyers are in ProfitPlan is to look for an H4 reversal trade. Entry around the marked upper stop and ride the wave down to the MTS.
Shorts are in the way so shorting without a counter upmove is not interesting for me.XAUUSD
– Lot´s of Pb Bars above
– longs are in profit
– MTS above
– Squezze indicator Shorts are upPlan is to short, don´t see a move up to the mts unless the market gaps up but like djamal said in a video gaps are happening against the dumb money so again unlikely to happen. I will pay extra attention to breaks of lows, this can lead to more short activity of the dumb money and therefore a strong reaction against my shorts.
I wish you all a great trading week
Kind reagrds und viele Grüße an die deutschen Tradingkollegen
Fabian
Hi Corey,
nice to meet another Gold lover (und dazu noch ein deutscher MK Web Trader :D) hope you had a sucessfull day. Today i was short biased the reasons were highlighted in your last post. I entered in the morning but there was no movement so i closed the positions. After that i entered pre News which i didn´t like but you never know how the market reacts. In the end it worked out. I will hold a short position over the weekend and see what Monday will bring.
Another trade was GBPUSD which i longed in the morning and took some fast profits. All in all the week was sucessfull.
I can´t wait fo the new MK Web Version which sounds really interesting and excitig. I didn´t purchase the video course yet but this is one more reason to do so and Christmas is not far away :D.I will post some analysis on sunday, until then have a nice weekend.
Kind regards und viele Grüße
FabianHi guys and girls,
i have a little time today in the morning so here is a live trade i am currently in. What should i say more?
It was a fucking sexy setup.
You have to love it.Kind Regards und Viele Grüße
Fabian- This reply was modified 1 month, 2 weeks ago by Novice.
Good evening guys and girls,
wanted to update you quickly unfortuneatly it is already really late so i just post an update on my analysis from yesterday.
My plan went very well i was able to catch 2 nice down swing in XAUUSD and one in EURUSD. In the evening i pretty much longed BTC at the low but my trailing was awfull. It ran like crazy but you can´t have everything and all i want is to be green for the day in the first place.XAUUSD moved nicely down it did break previuos daily low but i expected a deeper move. So i tried again to short it but was stopped out be and i missed my long at the previos low. One month ago before the MK web i would have tried to short again. But The MK Web makes you more aware of the surrounding you trade in and i am acting more carefully. For tomorrow i wait for another long opportunity in XAUUSD depending of the outcome of the asia session.
Wish you all a great a great trading day.
Kind regards und viele Grüße
FabianHi guys and girls,
the markets i traded were very rangy, But i fought myself through and and was able to profit greatly by accident. I traded the same lot size in XAUUSD as in GBPUSD and felt of my chair as i saw what i did. Luckily it didn`t went against me. For tomorrow i will share my XAUUSD plan. I will check the markets in the morning and see what i am going to trade additionally.
XAUUSD:
– Shorttermstops above
– Staking of multiple intraday lows
– Green PB Bars infront of the Stops
– Short Squeeze indicator up green
– Plan: either the market reaches the stops first and i am going to trade down or the market will clean the lows and trade to the short termstops (after the price reclaims the intraday lows and todays daily low). If the price doesn`t reclaim the lows i will short.I wish you all some great trading days for the rest of the week.
Kind reagards und Viele Grüße
FabianHi guys and girls,
nearly finished my trading day. I had to twaek some of my predictions. In the following you will see my trades and how i needed to switch some things up. I thought i would show you my trades only to show how you how nice MK Web plays out and that you shouldn´t trade against the squeeze indicator :D.
EURUSD:
– i excpected a pre counter stoprun. it indeed run down.
– i started buying with an extremely small SL which worked great, why small sl´s because i traded against the short squeeze indicator.
– i entered it ran nicely up and gave it all back. A 1:7 RR dumped in the bin i was convinced i did hit the low of the day. i tried it a second time it ran up and faded.
– By the look of the lows i was convinced that there was a large limit order under the low. MK WEB was short looking i adapted to short and was able to profit with n nice RR.XAUUSD:
-Followed my plan took profit under previous daily low.
– looked to long and did get 2 trades which went into profit.
– I stopped my plan because MK Web told me it was´t the right timeGBPAUD
– i was up last night and watched the market open and saw a 39 pips Spread !!!! AT this point i did`t know if the spread already killed the SL´s and decided to wait.
– The pair moved up and i waited to short. i secured a 1:4 RR trade which is still running. i highly doubt that the trades will survive the next hours. i don´t know how to come by the increased spreads at asia but i am not willing to loose profits.Hope you had a great day in private and in the markets. If i have time i will post again tomorrow.
Kind regads und viele Grüße
Fabian -
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