Curioso wrote: Tue Oct 22, 2024 4:54 am #DAY 1 - Resume and end of the day
I hope you had an excellent day, for those of you who following this challenge, now is time to relax a bit, and hope the knowledge you archive today is a great opportunity to write your personal notes and don´t make the old mistakes again.
I wish you all the maximum energy for tomorrow, concentration and patience that we have been training over the last few weeks to maintain discipline and wait for our starting point to really kick ass in the markets every day, using the “XARD - Simple Trend Following Trading System”, without secrets, half-words, swear words, criticism or much less judgement, today is XAUUSD time, and today at 2200 (London session time) I reveal the pair for us to study together tomorrow. And for this is a great opportunity for members are starting to understand, share your ideas, watch the moves and come on enjoy on this challenge too.
My thanks and congratulations for your achievements today is go to:
tmostafa007, knglerxst, Neroloft, victortrend, lukgoku, budhi1976, DamirFX
To the members on the right track to be profitable and consistent in this crazy world of M1:
Dragon Master, bagram, Wole
Special thanks for this original idea tmostafa007
My notes today
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DAY1-06 (ExitPoint).JPG
Glad you are understanding everything im not trying to put pressure on you just something to be aware of these are 1 hour candles (the bigger ones) and this was the actual key point of why of this move down this morning! Simple liquidity grab. Of 1 hour candles. CRT Candle Range Theory.tmostafa007 wrote: Tue Oct 22, 2024 6:20 am Day #1: Today, I had 4 trades—3 wins and 1 loss, and I missed the last one. on demo Account
Lesson learned today:
First point: SL and TP management. I'll be focusing more on stop-loss and take-profit because I didn't manage the SL properly today, which led to closing the day with a loss. I’m still trading on demo because I don’t want to risk more money until I master some key aspects and train my mind to make better decisions.
Second point: I'll continue to focus and improve on the following points to ensure I'm on the right track:
Identify the Daily Direction: I might start checking the weekly chart as well to quickly gauge the overall market direction before I begin trading. It’ll just be a quick look to help me align with the bigger trend.
1- Above/Below Daily Open – 40%
2- Above/Below VWAP – 40%
3- Daily DN Square – 20%
Entry:
1- Up/Down Arrow – 30%
2- 2nd Dot – 30%
3- Cross EMA – 30%
4- Candle Color – 10%
For exits, We can use GANN until I fully understand the exit levels properly.
Third point: I’m exploring effective ways to grow a small account with a low-risk percentage.
Personal note: Murrey Math lines can be really helpful, especially when the price touches the overbought or oversold areas. These levels give us a clear signal to avoid buying in overbought zones and instead start looking for sell opportunities, and vice versa in oversold zones.
but I’ll stick to following Curioso’s direction and challenge
Its all about waiting for the right time the best price for us. 2nd dot or just LH Its the key. For sells!kysbog wrote: Tue Oct 22, 2024 7:58 am Glad you are understanding everything im not trying to put pressure on you just something to be aware of these are 1 hour candles (the bigger ones) and this was the actual key point of why of this move down this morning! Simple liquidity grab. Of 1 hour candles. CRT Candle Range Theory.
(This doesn't happen every single time) Some work some don't.
Could you provide more explanation on this? I'd love to understand the details better.kysbog wrote: Tue Oct 22, 2024 8:04 am Its all about waiting for the right time the best price for us. 2nd dot or just LH Its the key. For sells!
with your experience of XU v12m-TRIANGLE is it 100% accurate or is it still repainted?Curioso wrote: Tue Oct 22, 2024 4:54 am #DAY 1 - Resume and end of the day
I hope you had an excellent day, for those of you who following this challenge, now is time to relax a bit, and hope the knowledge you archive today is a great opportunity to write your personal notes and don´t make the old mistakes again.
I wish you all the maximum energy for tomorrow, concentration and patience that we have been training over the last few weeks to maintain discipline and wait for our starting point to really kick ass in the markets every day, using the “XARD - Simple Trend Following Trading System”, without secrets, half-words, swear words, criticism or much less judgement, today is XAUUSD time, and today at 2200 (London session time) I reveal the pair for us to study together tomorrow. And for this is a great opportunity for members are starting to understand, share your ideas, watch the moves and come on enjoy on this challenge too.
My thanks and congratulations for your achievements today is go to:
tmostafa007, knglerxst, Neroloft, victortrend, lukgoku, budhi1976, DamirFX
To the members on the right track to be profitable and consistent in this crazy world of M1:
Dragon Master, bagram, Wole
Special thanks for this original idea tmostafa007
My notes today
DAY1-01.JPG
DAY1-02.JPG
DAY1-03.JPG
DAY1-04.JPG
DAY1-05.jpg
DAY1-06 (EntryPoint).JPG
DAY1-06 (ExitPoint).JPG
Right now just stick to the system and what curioso post and the others this is not necessary to have it but if you want to learn more just watch this video and have it in your arsenal! (: I just don't want to overwhelm with too much info! 1 at a time.tmostafa007 wrote: Tue Oct 22, 2024 9:52 am Could you provide more explanation on this? I'd love to understand the details better.
vzulaks wrote: Tue Oct 22, 2024 10:19 am with your experience of XU v12m-TRIANGLE is it 100% accurate or is it still repainted?
