FTMO Free Trial Challenge with Nse

N
@nsg_usd - 1 month ago
Quoted - segun_33

Bro, some of the pairs you traded were during the Asian session, which is weird, you wont get the best liquidity dont you think?

Asian Session also offers good liquidities most times, and often calmer and less manipulative compared to New York, especially on pairs like EURAUD, GBPAUD, EURNZD, and GBPNZD. and then JPY pairs.
Not good for New York pairs like EURUSD, USDCAD, and the likes most times.
XAUUSD and XAGUSD, have good liquidities during Asian Session too.
the triple top I expected to form on Gold yesterday at the 4430 price Level, Formed during Asian Session. New York session will now want to clear those Highs as Liquidities.

O
@oneratio4 - 1 month ago
What's your read on this?
A
@atconfident - 1 month ago
Interesting discussion! I'm still building my approach — what's worked for others here?
J
@jossie - 1 month ago
FTMO can be worthwhile but it's not easy money at all
D
@dalucrypt - 1 month ago
Interesting discussion! I'm still building my approach — what's worked for others here?
N
@nsg_usd - 1 month ago
Quoted - godspowerdan

can you share your setup on DAX

DAX-Short setup
Entry-26415
SL-26405
TP-25883

N
@nsg_usd - 1 month ago
Quoted - nsg_usd

DAY 6 Trade Journal (3) (Mon, 17th August)
Asset: GER40 (DAX)
Trade Type-Short setup
Execution- Pending Order (Triggered)
Analysis TF- D1/4hr/1hr/15mins

Entry- 26.430
SL- 2.6554
TP-26.156
Comment: Dax is bullish, but I'm expecting pullbacks and intend to take advantage of the sells.
This is my 3rd trade setup for today.

DAY 7 Trade Journal (1) (Tues, 18th August)

Asset: GBPNZD
Trade Type-Long Setup

Execution- Pending Order
Analysis TF- D1/4hr/1hr/15mins

Idea/Approach: spotted an inverted crown formation signalling reversal from the bearish trend to a potential bullish trend.

Entry- 1.9071
SL-1.9003
TP-1.9284

Comment: This was my first trade of the day, Took it during Asian session.

N
@nsg_usd - 1 month ago
Quoted - nsg_usd

DAY 7 Trade Journal (2) (Tues, 18th August)

Asset: EURAUD

Trade Type-Long Setup
Execution- instant

Analysis TF- D1/4hr/1hr/15mins

Entry- 1,63035
SL- 1.6253
TP-1.6515

Comment: This was my second trade for the day.

DAY 7 Trade Journal (3) (Tues, 18th August)

Asset: GBPAUD

Trade Type-Long Setup
Execution- instant
Analysis TF- D1/4hr/1hr/15mins

Entry- 1.9071
SL- 1.9003
TP-1.9284

Comment: This was my 3rd trade for the day.

N
@nsg_usd - 1 month ago
Quoted - nsg_usd

DAY 7 Trade Journal (3) (Tues, 18th August)

Asset: GBPAUD

Trade Type-Long Setup
Execution- instant
Analysis TF- D1/4hr/1hr/15mins

Entry- 1.9071
SL- 1.9003
TP-1.9284

Comment: This was my 3rd trade for the day.

DAY 7 Trade Journal (3) (Tues, 18th August)

Asset: GBPAUD (2)

Trade Type-Long Setup
Execution- instant
Analysis TF- D1/4hr/1hr/15mins

Entry- 1.9035
SL- 1.9004
TP-1.9284

Comment: This was my 2nd entry on GBPAUD and 4th trade for the day.

N
@nsg_usd - 1 month ago
Quoted - nsg_usd

DAY 7 Trade Journal (3) (Tues, 18th August)

Asset: GBPAUD (2)

Trade Type-Long Setup
Execution- instant
Analysis TF- D1/4hr/1hr/15mins

Entry- 1.9035
SL- 1.9004
TP-1.9284

Comment: This was my 2nd entry on GBPAUD and 4th trade for the day.

DAY 7 Trade summary on the Account.

I took 3 trade setups on the Account today.

EURAUD (buys), GBPAUD (buys), and GBPNZD (buys)

Total number of positions- 4

3 losses and 1 win

GBPNZD: +$434.37
GBPAUD: -$785.32
EURAUD: -$378.43
GBPAUD: -273.15
Commission: -$40
Total= -$942.45

Comment: I closed out the trades, cause I wanted to cut my loses. I was in good profit, in the first trade, but when I added those the 2nd and 3rd positions thinking it will push, price started dragging. Held the trades till 1pm, just when I closed out, they reversed and got back to my entries, and now moved in my intended direction.

My Discipline score keeps going up, other stats are yet to.


N
@nsg_usd - 1 month ago
Quoted - nsg_usd

I'm still following up on GBPAUD Setup tomorrow.
Will be looking at entering buys @1.9065 price level with SL at 1.9004 and TP at 1.9224

Still following up on EURAUD tomorrow.
Will be entering Buys from the flip zone with my previous parameters.

Entry- 1,63035
SL- 1.6253
TP-1.6515

N
@nsg_usd - 1 month ago
Quoted - godspowerdan

Price just went straight to tp

Yeah. It did. This one that I was not heavy on my risk, went well without stress. If I max out my risk now, I'll just be finding myself in unnecessary losses.

N
@nsg_usd - 1 month ago
Quoted - godspowerdan

Price just went straight to tp

Yeah. It did. This one that I was not heavy on my risk, went well without stress. If I max out my risk now, I'll just be finding myself in unnecessary losses.

N
@nsg_usd - 1 month ago
Quoted - jossie
FTMO can be worthwhile but it's not easy money at all

Yeah. That's right about FTMO and Trading requires a lot of commitment and focus. Though passing Challenge is not an easy feat, but it's an achievable one, someone I would recommend every trader to give a try.

N
@nsg_usd - 1 month ago
Quoted - nsg_usd

DAY 7 Trade summary on the Account.

I took 3 trade setups on the Account today.

EURAUD (buys), GBPAUD (buys), and GBPNZD (buys)

Total number of positions- 4

3 losses and 1 win

GBPNZD: +$434.37
GBPAUD: -$785.32
EURAUD: -$378.43
GBPAUD: -273.15
Commission: -$40
Total= -$942.45

Comment: I closed out the trades, cause I wanted to cut my loses. I was in good profit, in the first trade, but when I added those the 2nd and 3rd positions thinking it will push, price started dragging. Held the trades till 1pm, just when I closed out, they reversed and got back to my entries, and now moved in my intended direction.

My Discipline score keeps going up, other stats are yet to.


DAY 8 Trade Journal (1) (Wednesday, 19th August)

Asset: GBPCAD
Trade Type-Long Setup

Execution- instant
Analysis TF- D1/4hr/1hr/15mins

Idea/Approach:
Price traded below last week's low but didn't break below it. Also, price created an irregular crown pattern on 1hrs, and broke the neckline, which was the last high that gave the most recent low. Entry at the confluence price, where the retest for all the checklist meets.
Checklist:
>Invalidation of the 4hr bearish Channel
>Invalidation of the 4hr Falling Wedge Pattern
>Creation of Inverse crown pattern (trend reversal pattern)
>Creation of a 1hr Ascending Bullish Channel

Entry- 1.8798
SL- 1.8755
TP-1.8903

Comment: This is my First trade on the account.

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