Get started

Plan

EURUSD long - Supply Demand - h4 - Trading Plan (Bonus)Hello Traders! On EU we pushed lower. We did not hit my target for EU, but in my opinion we will hit it. Price now mades a correctional move. We could still go down to the Demand before pushing higher to the Supply Zone. Also it is possible that price will reverse soon to go up. Simply hold your positions if you entered this week at the Demand Zone. And respect your SL that you have put. Follow your trading plan. It is very important to have your own Trading Plan and to strictly follow it. Otherwise you do not have rules to follow and you can not track if your strategy is profitable. You can use the same Analysis like the best Traders but if you are not following it by a strict trading plan with proper R:R, not changing SL, ... then you will not be profitable. That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions. Thank you and we will see next time - Darius.
Long
by DariusFxTrading
GBPJPY master plan for Tuesday►Monday's volume profile didn't extend beyond Friday's. Not with its main part at least. Meeting strong rejection on both sides and closing near the middle. ►I drew profile and range based lines that make sense to me. In the coming day, I will be looking to open shorts preferably which is also higher timeframe prefered direction. And the best setup market can give me is either of azure lines with an arrow coming from them. Have a great trade!
Short
by OrcChieftain
PLAN Potential BatPLAN setting up very nicely for a bat pattern. Breaking over (B) now where I added more Nov calls from (C) entry. I entered long on the C due to a nice retrace level + a reversal pattern (doji) there on the C. Looking to take 1/2 off into (D) where I expect a possible .382 retrace to trendline, or a retrace to previous market structure at the .50 where I will add the 1/2 size back, and a trend continuation to 2.618 extension. I want to see nice reversal patterns on these levels due to having plenty of time on the calls.
PLong
by NotIButChrist
📃 Trading plan 📃 ☝🏻The basis of any action on the market is a well-designed trading plan (TP). 👉🏻The basic rule is never trade without a plan, and when you have done TP, never break it. Work without a plan leads to randomness and spontaneity of actions subject to emotions.🙅🏻‍♀️ ❗❗Before opening a position, you must determined :❗❗ 📌position opening price 📌open position size 📌stop loss order 📌take profit order 👉🏻That's necessary in order to determine the possible risk / win ratio. ⭐⭐A trading plan should uniquely determine the actions of a trader in two scenarios: 1. Price moves opposite the open position 2. Price moves towards an open position ❗ A trading plan is drawn up before a position is opened, when a trader is in a balanced emotional state and can adequately think. ❗ After opening a position, you should follow the trading plan very accurately and not allow yourself to make changes to it during the course of trading. ❗ After closing the position, an analysis of the results is carried out, the optimality of actions is evaluated, and conclusions are drawn for the future. ❗ Trading does not end when you close your position. ❗You must analyze it and learn from it. ❗ After closing a position, many players forget about it and start looking for the next deal. ⚡Don't miss the essential elements of the path to the level of a professional trader - analysis of the past and introspection.⚡ Write down your trading plan. Write down the reasons for the exit and what you did right and what is wrong. You will receive a history of your transactions and thoughts in pictures. This journal will help you learn from past experiences and discover gaps in your thinking. 💪🏻Don't forget about self-development!!!!💪🏻 💙If my post was interesting for you, don't forget to put me like and write your thought!!!💛 Your Rocket Bomb🚀💣
BITSTAMP:BTCUSDEducation
by RocketBomb
20
SPY - Trade what you SEE, not what you THINK! *FEAR*Hello traders, it is worth looking at the psychological problem that appears during this tough time and that´s: "Trade what you see, not what you think" Many traders forget about their trading plan and try to change the rules to adapt to the current situation. The problem is, that nobody knows, what will happen tomorrow, in a week or month. Markets sometimes behave "irrationally". Why quotes? Because who decides whether the crisis is over? If you have backtested the Strategy, have an analysis of it and have not counted on the fundamentals (news...) during the backtest, why do you want to implement them now? The answer is simple - FEAR! Forget about it. What gives you the confidence to follow your plan? Analysis, backtest, real trading. You know what to expect from your strategy. Keep in mind - Who keeps changing course is not going anywhere... AMEX:SPY ES1! Have good trading, FINEIGHT team
AMEX:SPYEducation
by Fineight
4
XRP IDEA???? Does this make sense to anyone????Just playing around with some ideas and connecting pieces picked up since starting to learn and connect. Does this make sense to anyone? From a perspective of announcements and time limits as well as political positioning and corporate narratives, not to mention number releases from companies, I would like to think this makes some amount of sense. Any input is appreciated. Remember, we are all here to learn, so share your perspective. I hope I am wrong.... However, October makes some amount of sense for upward momentum.
BITSTAMP:XRPUSDLong
by xwick
7
Possible SGD/JPY short Position!!SMP TRADING SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY SMP Strategy Chart time frame - H4 Timeframe - 2-3 Days A – Activating Event Market will meet resistance in zone @ Current levels - ... . In order to enter into this trade, the pair MUST be in line with my Entry Procedure.... B – Beliefs Market will move towards the first Target 1 level @ 80.00 C - Fundamentals that may affect the pair N/A D - Trade Management Entered @ ..... Stop Loss @ ..... Trailing Stop Loss@..... Target 1 @ 80.00 Target 2 @ .... Risk/Reward @ 3.5.1 Happy trading :) Follow your Trading plan, Remain disciplined and Keep learning !! Please Follow, Like,Comment & Follow :) This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Short
by SMPTrader
BITCOIN Roadmap to $BTCUSD Price Discovery.This chart is identifying an inefficient market, the arrows indicate high probability, low-risk entry/exit levels should price happen to go there. Yes, this chart shows it goes as low to 3K and yes, you should prepare for any weird and wonderfully deep, fast movements by placing buy orders as low down as $500. Price may not get there but prepare for the extreme and you won't be surprised, you'll be rewarded instead. Fractal supply and demand based on inefficiencies within the BITCOIN/USD market. Additional chart with HMA(208) and MA(208).
BITSTAMP:BTCUSD
by Kalmallkinam