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Price Action & Money Management Journal

Posted: Wed Mar 15, 2023 3:41 pm
by Chickenspicy
The rules are simple

1 to 3 risk / reward only need 30% winrate to succeed lol
Entry on 15m
Bias from 4hr with little news or some good contrast

15m {{entry}}
the earlier the better

just look at whats happening now , price has to move at some point
extra patterns on 15m is welcome
i do {{1}} random pair a day

Re: Price Action & Money Management Journal

Posted: Wed Mar 15, 2023 5:18 pm
by Chickenspicy
This may help visualize more

Re: Price Action & Money Management Journal

Posted: Wed Mar 15, 2023 6:19 pm
by Chickenspicy
This may help accuracy more

Re: Price Action & Money Management Journal

Posted: Wed Mar 15, 2023 7:47 pm
by charli
I am amazed how much energy you put in this my friend, seems there is no shortcuts in forex, hard work is a must and thanks for all contribution .I really wish you all the best and success!

Re: Price Action & Money Management Journal

Posted: Thu Mar 16, 2023 8:22 am
by Chickenspicy
both losses
poc might be a good idea to exit out if a 4hr candle appears after a new poc

Re: Price Action & Money Management Journal

Posted: Thu Mar 16, 2023 8:28 am
by Chickenspicy
new positions this time following the poc and any additional 1hr candle inside a 4hr candle

Re: Price Action & Money Management Journal

Posted: Thu Mar 16, 2023 8:34 am
by Chickenspicy
closed aud jpy there was no allignment with 4hr
aud nzd loss

Re: Price Action & Money Management Journal

Posted: Thu Mar 16, 2023 10:29 am
by Chickenspicy
lwma is better
took a short
larger poc
1hr about to turn
in direction of 4r

audjpy

Re: Price Action & Money Management Journal

Posted: Thu Mar 16, 2023 10:52 am
by Chickenspicy
THANK YOU CODERS FOR MAKING THIS POSSIBLE

THIS IS PRICE ACTION' EXOTIC

Re: Price Action & Money Management Journal

Posted: Thu Mar 16, 2023 1:18 pm
by Chickenspicy
it seems that when there is two close pocs go with the bigger one
else go with the new

mtf still seems too slow so added stochastic instead

took a loss re entered