EURUSD
Nice profit. Can’t wait to get to this level
You are just undercapitalized. if you have a system that you know works you just need to change that tiny number called lot size.
PTJ says it doesn't matter if you are making 100% on 10000 USD or 100 million, it is just a number.
The person changes on large numbers the system is still the same. Think deeply about this.
You are just undercapitalized. if you have a system that you know works you just need to change that tiny number called lot size.
PTJ says it doesn't matter if you are making 100% on 10000 USD or 100 million, it is just a number.
The person changes on large numbers the system is still the same. Think deeply about this.
Sincerely, you are right about this. I’m gonna increase it.
Sincerely, you are right about this. I’m gonna increase it.
Ensure that you have enough money built as a buffer in your trading account before your first big size.
Don't risk capital you can't afford to lose. And don't lose as much that you are thrown out of the game.
1. Have a fixed cap of loss for the day.
2. Have a fixed cap on number of trades per day or week.
3. Grade the setups so you can bet big on when you have high convention.
Now look at it break probably headed for 1.1525. The thing about trading is you don't know if you should hold or run.
When you hold you run the risk of losing your profit and when you exit early you feel like a fool. It's a fine balance.
The trading gurus don't show this, when you have a big size you can't mess around when things don't go exactly as planned. They also don't show the losses.
525 is the US session low price on Friday, 20th March
And 525 also acted as support when price broke out of the Asian low today.
We had 2 option clusters 11560-11575 and 11550-11525 hence i was targeting that. The data is available from forexlive etc. I get it from the Bloomberg terminal. Price gets attracted to the clusters.
Another observation that you made is also correct previous levels also are area where new boxes form. The price tends to form another box where there was a box before on the left.
And 525 also acted as support when price broke out of the Asian low today.
If you have trading view subscription i can you the indicator for free. You want it, you could plot the levels.
As the code is written in pine script it wont run on mt4.
If you have trading view subscription i can you the indicator for free. You want it, you could plot the levels.
As the code is written in pine script it wont run on mt4.
I don't have a paid tradingview subscription, the plan I use wont let me save an indicator via pine script
I don't have a paid tradingview subscription, the plan I use wont let me save an indicator via pine script
I see, let me see if i can code it for mt4.
Hi guys can I ask if it is possible to start trading with 8$ and grow ones account steadily?
Plotted these.
Good evening @patrader, please can I get an updated screenshot of this session map?
Hi guys can I ask if it is possible to start trading with 8$ and grow ones account steadily?
Yes, Its very possible. right now I am trying to grow a $7 account
Yes, Its very possible. right now I am trying to grow a $7 account
Why.
If the system is proven why waste time on a small account.
Last 4 sessions plotted here.
I took 1 trade today EURUSD buy at Yesterdays low. Exited at range high. Selling has been brutal lately. I am not even getting 10 pips lol.
I am also attaching the last 4 trading sessions. For anyone reading the session chart is the move that happened in a particular session.
Most of the time the price stays within the sessions from previous day or sometimes last week. So where there was a range 2 week ago you can have the exact range in that same place.
The 26 May image shows the US session and London session marked and drawn.
These charts were built using python, if anyone wants them i can share them here.
Last 4 sessions plotted here.
I took 1 trade today EURUSD buy at Yesterdays low. Exited at range high. Selling has been brutal lately. I am not even getting 10 pips lol.
I am also attaching the last 4 trading sessions. For anyone reading the session chart is the move that happened in a particular session.
Most of the time the price stays within the sessions from previous day or sometimes last week. So where there was a range 2 week ago you can have the exact range in that same place.
The 26 May image shows the US session and London session marked and drawn.
These charts were built using python, if anyone wants them i can share them here.
Chart:
Since we had a gap up on weekly the last sessions are not visible its not showing them as this days action is above them hence no overlap and no levels to see.
Chart:
Since we had a gap up on weekly the last sessions are not visible its not showing them as this days action is above them hence no overlap and no levels to see.
Chart:
Overlapping current session with old ones. Picture it as a continuous chart.
