SLK STRATEGY

S
@sandy20 - 4 months ago
Quoted - headies25284

A breakout to the downside. I marked it out on the chart, Pls go through the thread if you need more information.

You may be using the word "breakout" inappropriately here. My understanding of a breakout is that price must have been trading within a range, then it breaks past the range. In this case from your chart I saw that price rejected at a resistance zone and started falling so its confusing to say its a breakout.

H
@headies25284 - 4 months ago

Price is approaching my buy zone. Pls do not execute buy at that zone, will be waiting for confirmation.

H
@headies25284 - 4 months ago

A complete SLK thought process.

H
@headies25284 - 4 months ago

EURCAD BUY ACTIVATED

Y
@yokoyi - 4 months ago
Quoted - headies25284

Stopped out of the trade.

Please also show the chart indicating where you were stopped out so we will understand

Y
@yokoyi - 4 months ago
Quoted - headies25284

Stopped out of the trade.

Yea, nothing works all the time. What defines a successful trader is how they take a loss without trying to revenge trade. Once you trust your strategy, you keep repeating it daily irrespective of the outcome.

H
@headies25284 - 4 months ago

EURUSD IS RIPE FOR BUYS. YESTERDAY DAILY REJECTED AND CLOSED AT A FRESH KEY LEVEL WHICH IS A GOOD BUY SIGNAL. WE WILL GET THE CONFIRMATION ON 4HRS.

H
@headies25284 - 4 months ago

HERE ON THE 4HRS TIMEFRAME, WE HAD A BREAKOUT TO THE UPSIDE WHICH CONFIRMED OUR DAILY BULLISH BIAS.

H
@headies25284 - 4 months ago

THE ASIAN SESSION LIQUIDITY HAS BEEN SWEPT BY THE CURRENT 4HR CANDLE. I AM WAITING FOR THAT CANDLE TO CLOSE.

H
@headies25284 - 4 months ago

EURUSD BUY SETUP.

Y
@yokoyi - 4 months ago
Quoted - headies25284

Trade executed

ps you executed at what price and where is the SL?

H
@headies25284 - 4 months ago
Quoted - yokoyi

ps you executed at what price and where is the SL?

Pls scroll up, I dropped the entry and all other details before execution.

8pips stoploss and entry is at 1.8345

H
@headies25284 - 4 months ago
Quoted - headies25284

EURUSD BUY SETUP.

This is the trade progress. I will keep updating you all .

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