Tansen said:
Thank you lol, saves me from having to do the work
I also have most of his 25 days of ForexMas video series, session trading series (LO, NY, LC, Asian), core concepts videos, trading plan series, pre-flight checklist.. I won't post any of that since I don't want to confuse people (myself included) and it's not my thread (I'm a bad student - why let me confuse you).
Right now I have to look at it realistically, I live in the NY time zone and have a job. I can't trade LO because then I just won't be rested. I work in Capital Markets so I do a lot of hours/week. However, on the bright side, I can look and manage the trade at work. The kill zones I can look at are NY, LC and Asian (which I hope will make up for it).
So therefore, I will attempt at making a 1 shot 1 kill, weekly range type of trade. So basically 1-2 trades/week. Hopefully, I can crawl out of the doo-doo I stepped into.
As we speak, I have 1 trade open (on demo only for now).
Short EUR/USD @ 1.3410 (I originally posted 1.3400 (I closed that at BE+2 and got back in at 1.3410 since that was approx. the .79% retracement level if we look at Friday's range).
My SL is 40 pips (giving it slightly more room to breathe) @ 1.3450
My TP is 150 pips (1.62% retracement level taken from Friday's low to today's high - rounded off) - this is also lower than the low on Thursday (which could be a good stop sweep)
We will see how this pans out for the week. I will set limits (entries, SLs and TPs) to run during LO since I will be sleeping.
I still haven't decided how I will manage profit taking and ICT touched on that during the latest Scout Sniper video. Back in the day I used to take 1/2 at 30 and put SL to BE+1, then let rest run until my final profit target. This time around we will see.*
I hope I can finally develop the discipline this time.
Good luck out there everyone. +15 pips so far
*Hardest part for me: letting profits run!