Profitable price action trading is about entering EVERY trade with absolute confidence EVERY time
STOP LOOK
Paying mentors will NOT make you PROFITABLE faster
Apr 22, 2023 • 6 tweets • 3 min read
Spent a few hours last night and early this morning reading a fascinating scalping thread on FF
This image is a scalpers manual trade results, super trader
There is a lot of good info and indicators that will be handy
Great thread forexfactory.com/thread/post/14…
I love the way cpfleger thinks, always thinking of new ideas and explains them so well
Something else occurred to me whilst driving this morning
Backtests don't give a picture of days of week performance issues, it may well be that we get a pattern comes out in fwd testing that will improve profitability
Bad Tues & Friday for eg, even better moving forward
Feb 17, 2023 • 8 tweets • 2 min read
today I woke, checked gold, saw it was falling but pulling up a bit , I knew when the rsi and tma turned red again I would sell
Set alerts and waited
All done, have a lovely Friday All. Back later
It is another way I use the rsi and tma like a traffic light system, turn red to sell green to buy
Keep it simple
Apr 18, 2021 • 6 tweets • 3 min read
#eth $eth the 3cr & RsiHisto at work again, 90% closed stop to BE
M15 looks great, the higher tf always leads the way
Missed the earlier entry I wanted to see price settle down a bit
Apr 17, 2021 • 4 tweets • 1 min read
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
When I say sellers / buyers, I mean the algos
Apr 16, 2021 • 4 tweets • 2 min read
$Gold #tradeplan, draw the levels, set alerts , trade the levels
Follow your rules
100s of charts, that is all we need
If it keeps going up, make a new plan
Apr 16, 2021 • 4 tweets • 2 min read
The best way to test your #tradingstrategy is to find trusted honest traders
Watch their trade calls, compare the setups to your own rules
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
Apr 15, 2021 • 6 tweets • 3 min read
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