Wanted to enter at the low of the move but my psychology was bad and I couldn't pull the trigger lol.
Made up for it with this move though
Made up for it with this move though
π₯2
J Snipes FX
Photo
image_2023-06-15_18-51-04.png
62.9 KB
Could have kept holding but I'm really trying to follow my rules. Once i finalise my TP rules I will begin to hold these types of trades with full volume for 10R+ with confidence.
I don't take partials as it kills my RR so I'd rather hold full volume for 5.5R than partial and hold to Asian Highs.
I don't take partials as it kills my RR so I'd rather hold full volume for 5.5R than partial and hold to Asian Highs.
Not trading NY as I'm too tired but will be interested to see if the 8am to 9am 1H candle is bearish.. something I'm working on
π’1
J Snipes FX
Not trading NY as I'm too tired but will be interested to see if the 8am to 9am 1H candle is bearish.. something I'm working on
Reminder to just keep it simple lol. No need to guess what a candle will print, just trade what we see.
The 1H bullish OB was too beautiful
The 1H bullish OB was too beautiful
The week has been very bullish. It would make sense for Friday to retrace back and be slightly bearish for the day. Price has tapped into a bearish daily OB and weekly FVG.
Now I monitor price action and see if it confirms shorts or a continuation of buys.
This is by no means a signal or me telling you to take buys or sells... i'm just thinking out loud
Now I monitor price action and see if it confirms shorts or a continuation of buys.
This is by no means a signal or me telling you to take buys or sells... i'm just thinking out loud
π2β€1
Forwarded from Jesse's Trade Brain π§
image_2023-06-16_17-02-29.png
48.5 KB
No trading today. Have to head out now. Come back to this and see how it played out
J Snipes FX
Photo
Oh btw... you think that green line at the bottom of my short position was there randomly?
Go check where price bought up from after the sells. Precisely from that green line π
Go check where price bought up from after the sells. Precisely from that green line π
image_2023-06-19_21-23-48.png
59.7 KB
I'm starting to realise that I really don't have to catch much of the daily range to make a good return. You can literally make all you need off a 1min price leg if you know what you're looking for and when it occurs.
Look at this example, 9.2R off a 5.4 pip move.
Look at this example, 9.2R off a 5.4 pip move.
π₯3
An idea of how I backtest for those that were asking. Hope you're all doing well. I'm not back just yet.. just dropping this video and disappearing again... occasionally sharing my trades on insta story.
https://youtu.be/-183mVUul6g
https://youtu.be/-183mVUul6g
YouTube
How I Backtest to Understand Price Action in FOREX
In this video, I will walk you through my process of backtesting and analyzing price action in the forex market. Understanding price action is crucial for any successful forex trader, as it provides valuable insights into market behavior and helps identifyβ¦
π₯5β€1β‘1π€1