Just entered trades on AUD/USD and GBP/JPY (H4 Timeframe). See the chart below: This shows the setup exactly at the candle open.

Trading Made Simple

@emmanuel7788 Regarding OP advice on studying historical charts (Price Action, Trends, Angles, and S/R levels): Here is my current understanding of how to approach this. I would be extremely grateful if you could correct me if I'm off track. For ...

Trading Made Simple

@emmanuel7788 Thanks for the reply. I realize my understanding of Price Patterns (Price Action) is still quite weak. I plan to read "Naked Forex" to bridge that gap and sharpen my skills. I’ll be watching the Tokyo session for potential setups. ...

Trading Made Simple

Great trades! Do you use any specific SL/TP strategy? Currently, my trade management rules are: Initial SL: A hard stop of 100 pips (emergency stop). @ +20 pips: Move SL to Break Even (BE). @ +50 pips: Lock in +20 pips. @ +70 pips: Lock in +30 pips, ...

Trading Made Simple

GBP/JPY (22:00-23:00): +20 pips Exit: Hit trailing stop. (Locked in +20 pips when price reached +50). EUR/JPY (22:00-23:00): +0 pips (Break Even) Exit: Stopped out at BE. (Moved SL to Entry/Break Even when price hit +20).

Trading Made Simple

Update: I might be overtrading a bit today. Here are the results for my closed trades: EUR/USD (19:00-20:00): -16.2 pips AUD/USD (19:00-21:00): -20 pips (Caught in a range) GBP/USD (20:00-22:00): +8.9 pips USD/JPY (19:00-20:00): -30 pips (Caught in ...

Trading Made Simple

Thanks for the heads-up, bro. I definitely misunderstood that earlier—appreciate the correction. I see now how strong the trend can be even when indicators are overbought/oversold. However, I’ve read from some authorities (including E) that ...

Trading Made Simple

Yeah, gotta avoid those ranging markets. Let's keep grinding, bro. We got this.

Trading Made Simple

Looks like a solid setup. Just watch out for potential support around 1.9680.

Trading Made Simple

Took a hit on AU and UJ. Lesson learned: Avoid trading in the chop. UJ specifically was throwing long wicks, which should have been my signal to stay out. Question on EU: I had a setup with a candle color change and TDI Green > 80. usually that's a ...

Trading Made Simple

Just opened 4 trades. EUR/USD & AUD/USD: Both pairs are in oversold territory with a good angle and Stochastic confirmation. Even though the previous pullbacks were shallow, I believe the reversal is finally here. USD/JPY & EUR/JPY: For these two, ...

Trading Made Simple

I am currently a junior in university, soon to start my internship and enter the professional world. My trading journey began last November, transitioning from stocks to futures, and finally finding my place in Forex. I’ve always believed in ...

Trading Made Simple

I’ve gone through all of E’s posts. My plan is to grow a $1k demo account to $3k before transitioning to live trading. I’ll be posting my trading logs here and would greatly appreciate any feedback or critiques from the community.

Trading Made Simple

可怕的十字血祭星，我错过了整整两百点！这来自中国期货市场。

Trading Made Simple