For my stops and TP.
I do my stops two ways.
All set in the book
1: I use a mk stops on the chart if possible if it is available
2: I just use 1:1 of my target
My take profits.
I just close 50% at the 4h blue band like and hold the other 5…Read more
]]>Total Account Start $100,000
Total Account now $101,960
Profit = $1960
Total wins = 28 55%
Total Losses = 20 40%
Break even = 3 5%
P/L current doing a grail pattern 🙂
Trades:
28.11.2022 Short EURGBP Win $881 A
29.11.2022 Short EURUSD…Read more
I would say its probably brute force then some element like an AI.
]]>If this a bug or has there just been no stops?
]]>Trade: Short GBPUSD
Trade type: 4H range rotation + stop run Date:16.01.2023
Trade idea: Move down to take lower MT stops and complete range rotation
Y-axis PB: Not clear (neutral) 60%
X-axis PB: New longs entering the market( positive) 100%
Net DM: No squeezes short decreasing longs just spriking up (neutral-positive) 75%
Net…Read more
Trade: Short AUDUSD
Trade type:4H range rotation + stop run Date:16.01.2023
Trade idea: Move down to take lower stops and complete range rotation against new longs
Y-axis PB: small positions (Neutral) 60%
X-axis PB: New longs just entered (positive)100%
Net DM: shorts decresing longs beginning to trend up(neutral – p…Read more
If anyone or Dj has any feedback for the trades would be very much appreciated?
Trade 1:
Trade: Short NZDUSD
Trade type: 4H range top DM switch Date:16.01.2023
Trade idea: Move down to complete range rotation against new longs
Y-axis PB: Small longs and shorts blocking not clear(neutral)…Read more
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
]]>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…Read more
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)…Read more
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…Read more
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 b…Read more
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…Read more
Trade: Short AUDUSD
Trade type: Stop target trade and 4H range rotation Date:05/01/2023
Trade idea: Move down against the new longs to complete rotation of 4H range and take out MT stops below
Y-axis PB: Longs above blocking price small amount of short below(Neutral – positive) 75%
X-axis PB: Big new l…Read more
Trade: Long Stop target trade GBPJPY
Trade idea: Move up to take out the upper MT stop
Y-axis PB: No visible positions blocking or supporting price (Neutral) 50%
X-axis PB: Decent sized new shorts entering some old longs to (Neutral – Positive ) 75%
Net DM: In favour of longs and long s…Read more
Trade: Scalp long USDJPY 50% trade size
Trade type: Stop target scalp
Trade idea: Move up against new shorts to take closest upper MT stop
Y-axis PB: Not clear, some small longs blocking price(negative) 0%
X-axis PB: New shorts just entered some old longs still in (Neutral to positive) 75%
Net DM: Net short…Read more
1st At the top of 4H range big negative for a long
2nd Net DM shorts decreasing(could be a sign the short squeeze is over)
3rd The big longy nest on the y-axis is a lot lower( price can move all the way down to it without them longs getting into profit)
Pink = LT stops
Orange and yellow = MT stops
Blue and turquoise = ST stops
Look at the 4H range?
If price is at the bottom of the 4H range (blue lines on 4H chart) only look for longs.
If price is at the top of the 4H range only look for shorts
If price is in the middle of range only look for small directional scalps to stops
ie: use the higher timeframes for your trading bias…Read more
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