After 5 years of trading, I’ve learned that getting low R/R trades consistently is much better than trying to catch 1:6 and 1:10 every once in a while.
This gives you more peace of mind and less losing streaks.
@TradingRage
This gives you more peace of mind and less losing streaks.
@TradingRage
👍4
TradingRage
📉 Dec 12 - EUR/USD Short Target previous day low 🎯 @tradingrage
I’ve closed the trade at +1.1R ✅
The market is likely to consolidate until PPI.
DON’T TRADE 1 HOUR BEFORE HIGH IMPACT NEWS.
@TradingRage
The market is likely to consolidate until PPI.
DON’T TRADE 1 HOUR BEFORE HIGH IMPACT NEWS.
@TradingRage
Entry and exit on TradeLocker platform for proof.
I’ll be back at the chart after PPI and post if I see a good setup.
@TradingRage
I’ll be back at the chart after PPI and post if I see a good setup.
@TradingRage
👍3
TradingRage
📉 Dec 12 - EUR/USD Short Target previous day low 🎯 @tradingrage
Full TP was hit but I don't care
Learn to move on from a trade once you close it.
Still happy with 1% though :)
@TradingRage
Learn to move on from a trade once you close it.
Still happy with 1% though :)
@TradingRage
👍2
GBPUSD is meanwhile yet to reach the PWL (Previous Week Low).
So, there might be more bearish price action for both currencies today.
@TradingRage
So, there might be more bearish price action for both currencies today.
@TradingRage
My bias for EURUSD is still bearish.
This is true as long as we get a daily close above previous day’s high.
So, we’re looking for shorts today.
@TradingRage
This is true as long as we get a daily close above previous day’s high.
So, we’re looking for shorts today.
@TradingRage
👍2
📉 Dec 13 - EURUSD Short
I’m counting on the price to retrace toward the New York midnight open price (MOP) and today’s volume profile value area.
This is a high risk trade because we’re entering too soon, but the R/R is good.
Target R/R = 3
@TradingRage
I’m counting on the price to retrace toward the New York midnight open price (MOP) and today’s volume profile value area.
This is a high risk trade because we’re entering too soon, but the R/R is good.
Target R/R = 3
@TradingRage
EURUSD 3m timeframe
Let’s see how the price reacts to the large bullish FVG (blue).
I’ll reduce risk to 0.5 soon.
@TradingRage
Let’s see how the price reacts to the large bullish FVG (blue).
I’ll reduce risk to 0.5 soon.
@TradingRage
I got a second entry on the 1m bearish FVG.
I also trailed the stop, I’m now risking 0.75% in total.
This is a very aggressive trade with high R/R. I also don’t like the bearish momentum. It’s low.
Let’s see what happens…
@TradingRage
I also trailed the stop, I’m now risking 0.75% in total.
This is a very aggressive trade with high R/R. I also don’t like the bearish momentum. It’s low.
Let’s see what happens…
@TradingRage
TradingRage Chat
Will the small bullish FVG hold? @TradingRage
Yes. I take a loss of -0.75%.
The trade was according to plan, so nothing to be worried about.
We move on to the next.
Today’s also Friday, so there might not be setups anymore.
@TradingRage
The trade was according to plan, so nothing to be worried about.
We move on to the next.
Today’s also Friday, so there might not be setups anymore.
@TradingRage
👍1
TradingRage
📈Dec 16 - EURUSD - 2m ❓ @TradingRage
Not any confirmation for this move. The market might drop lower.
Just watching the price action at the moment…
@TradingRage
Just watching the price action at the moment…
@TradingRage
👍2
If you’re wondering why I’m inactive, I’ll begin again after the new year’s holidays.
I don’t like the price action at the moment.
@TradingRage
I don’t like the price action at the moment.
@TradingRage
👍11
Hey everyone, Happy New Year.
I’m still waiting for the markets to present a more favourable price action.
Be cautious, and give the market some time to stabilize.
@TradingRage
I’m still waiting for the markets to present a more favourable price action.
Be cautious, and give the market some time to stabilize.
@TradingRage
👍12
Finally back at the charts today.
My bias for EUR/USD is bearish at the moment, and I’ll be looking for entry setups.
@TradingRage
My bias for EUR/USD is bearish at the moment, and I’ll be looking for entry setups.
@TradingRage
👍1👎1
I like how things are working out on EUR/USD.
I’ll be looking for an entry in this fair value gap on the lower timeframes.
@TradingRage
I’ll be looking for an entry in this fair value gap on the lower timeframes.
@TradingRage