New $gold #tradeplan, if price keeps going up just make a new plan

You can do this on any chart, make a plan, let the trades come to you, it works

#KeepTradingSimple Image
I forgot to mention, alert set
Price made a new high so we now have a new support level to break, added new orange bar

New plan needs to be drawn now, two levels of support to get through before clear air below Image
Move up a TF to m5, see how it's turning bullish again

Clearly not ready yet, no need to consider longs, it will turn down when ready

We're getting a lesson in patience and discipline, priceless IMO

The charts tell us everything we need to know

Treat it like a computer game Image
$Gold update, I woke about 2am, checked gold charts and she was getting ready

Trade planned, trade executed perfectly , 14 pips

Notice Asian range, 70 pips

Did a bit of twittering, went back to sleep, had a lie in, Fridays work is done

Everyone can do this #DontPayScammers ImageImageImage
Something I've noticed is that when price breaks below the Dragon, watch the pink 89 ema

The best reversals seem to pop through the 89, come back and test it then BOOM

Possibly a good place to put orders if that is how you want to trade

Everything you need is on your charts Image

• • •

Missing some Tweet in this thread? You can try to force a refresh

Keep Current with PurePriceactionTrader - 18 Years Trading Exp

PurePriceactionTrader - 18 Years Trading Exp Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!


Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @BestForexMethod

18 Apr
#eth $eth the 3cr & RsiHisto at work again, 90% closed stop to BE Image
M15 looks great, the higher tf always leads the way

Missed the earlier entry I wanted to see price settle down a bit Image
Timing pullbacks when considering re-entering Image
Read 6 tweets
17 Apr
Every trade today was when sellers had broken valid support that made a HH

It just broke a new support, too late in the trend for me to consider selling now, it would be trading into H4 buyers ImageImage
When I say sellers / buyers, I mean the algos
For me an uptrend is just the visual representation of buyers overwhelming sellers

The SonicR Dragon is a visual representation of a trend

The 3candle reversal is a candlestick trend

They are all the same thing

Keep trading simple

The RsiHisto is the cream on top, MOMENTUM
Read 4 tweets
16 Apr
$Gold #tradeplan, draw the levels, set alerts , trade the levels

Follow your rules

100s of charts, that is all we need ImageImage
If it keeps going up, make a new plan
See how gold carried on up, new support level drawn, then had divergence reversal

Drop to m1, the price had dropped below the Dragon, through 89 ema, then gave a perfect entry

No fake ins, just a complete trade plan, step by step

I would have taken it but I was out, 50+ pips ImageImage
Read 4 tweets
16 Apr
The best way to test your #tradingstrategy is to find trusted honest traders

Watch their trade calls, compare the setups to your own rules

#fintwit is a gift

test test test & compare the results

The 3cr & RsiHisto entries win every time for me
I see lots of fantastic trade calls but they are just too early

No need to suffer any drawdown, almost every time a trade moves up, it will breakout then retest, that is the 3cr and the RsiHisto bust up / down, pullback, break and close trigger

Discipline & patience
Up or down, it works the same, every TF it works the same

Use the Dragon to identify the TF / phase that you are trading

Never forget, the higher the TF the more time you need 2 give it

6 m5 bars = 30 mins 6 m30 bars = 3 hrs #GreenPips
Read 4 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!