Straight Line Trader

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Honestly, you only need to take 10 minutes of your time, to find a cross that is setting up a nice move, this GA chart set up a 180 pip long
If cable and fiber look shit for a while because the USDX doesnt know what it is doing, look elsewhere, because there will be something worth while trading, even if you used minimal risk, would you take the 180?
 

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Re: ICT's trade set up

ICT's trade set up, my style, i see what you see... Do you know what every inspiring forex trader wants to know?
Nice trade Michael, considering the markets are fluffing around a bit, there is always a hunt!
 

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What's DOB?

One day to the right of the DOB is a D1 Order Block. Above clean highs, right within the OTE. Me thinks that's the target.
 
sqa said:
What's DOB?

One day to the right of the DOB is a D1 Order Block. Above clean highs, right within the OTE. Me thinks that's the target.
Click to expand...

I have put the Daily Order Block as the Tuesday, because price set the liquidity above Tuesday, took it out Wednesday, then sold off.
This week they have been protecting the shorts at the Block low, though this Monday and Wednesday has set a pool above the highs, price might go into your DOB being last Wednesdays low @ the sweet spot like you said, I remember ICT saying the order blocks create liquidity above and below there creation
 
In this thread, i asses GU EU AU NU strength and weakness against the green back, the week before last i noted that Pound was over bought the most against the USDX range, when USDX showed a possible swing, we shorted pound on its divergence against fiber and the dollar

We had a profitable week
 
I am still only nearly three years into trading the foreign exchange market. sometimes i over trade, i know this, and some times i don't trade very much at all...
Developing a strategy that works with risk control is important for any trader
Even though i over traded through the week, i still managed to add 6% for the week
I test myself time in and time out, and you know something, if you loose some money, make it your goal to get back to break even or better
If you can do this, then you could be on your way as a professional trader
I am not "professional" though i can see what works and what does not
 
SLT said:
I am still only nearly three years into trading the foreign exchange market. sometimes i over trade, i know this, and some times i don't trade very much at all...
Developing a strategy that works with risk control is important for any trader
Even though i over traded through the week, i still managed to add 6% for the week
I test myself time in and time out, and you know something, if you loose some money, make it your goal to get back to break even or better
If you can do this, then you could be on your way as a professional trader
I am not "professional" though i can see what works and what does not
Click to expand...

thanks for your advice gday :thumbsup:
 
Re: USDCAD market profile

USDCAD analysis take it or leave it, if it presents any sell signals, i am on board

Note UJ could still be bullish
 

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If you put a sell on this measured move high into a daily block, and held the position to the liquidity pool, risking 5% using a 100 pip stop.
this particular trade would ad 50% to your account.
This particular sell off was 1000 pips in 4 weeks
 

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