Four Kids Fifth Journal using Pivots
Page 1 of 733 123 LastLast
Results 1 to 10 of 323

Thread: Four Kids Fifth Journal using Pivots

  1. #1
    All transactions based on 4hr candles across S/R regions created by pivots. Looking at price action around daily and weekly Pivots. Also on charts are Round Numbers, ADR, and Coloured Days.

    All places are opened with a 20 pip target and also a 40 pip stop.

    The first position on all transactions is for 20 pips. When a 2nd position is opened the target relies on pivots or around numbers and the stop will be transferred to break even if it's 20 pips positive. I occasionally look at the daily TF along with the weekly TF, to see whether there's a reason to not take the transaction. In addition, the ADR (13) is employed, to see whether there's still space to move.

    PA: pin bars, outside, engulfing, dual tops/bottoms, break out and retrace to S/R then continuation. I will rather often jump in while some 4hr pub is forming whether it's moving in the direction of my analysis. I dont always wait for a pub to shut.

    I really rarely trade CHF, or pairs with a 10 pip spread.
    https://www.forexsoutheast.asia/atta...6778939583.mq4
    https://www.forexsoutheast.asia/atta...1468262186.mq4
    https://www.forexsoutheast.asia/atta...9839997411.ex4
    https://www.forexsoutheast.asia/atta...1595346763.mq4
    https://www.forexsoutheast.asia/atta...3798027722.mq4
    https://www.forexsoutheast.asia/atta...4399001161.ex4
    https://www.forexsoutheast.asia/atta...0623386149.tpl

  2. #2
    MONDAY:

    GU, -40, -40. GU took my stops, then turned and hit my goals. Jumped in to early. If I waited to see just how far it was going to retrace I likely would not have entered the commerce because the retrace closed below the weekly and then just bounced back into the weekly, not through it, and there was no fad, the pair was in consolidation mode, on daily and 4hr. Deficiency of subject, too eager to maintain a trade.

    GJ, -40, -40. GJ agreed with GU. G going up. The previous ten 4hr bars prior to the transaction were piddly little pubs, much smaller than the over all average, a indiion of nothing happening . Shouldn't have taken the commerce, but because I'd already decided to take the GU and the GJ agreed with it I jumped in.

    UCAD, -40, -40. Comparable to GU. Strike stops afterward turned and is currently back at BE.
    Not trending, large retrace. Jumped in to early. UCAD agreed with GU, ie: U going down.



  3. #3
    Thursday:

    EU, A 20, B Cease in BE.

    EJ, A 20, B cease in BE.


  4. #4
    AU, A 20 pips. B 60 pips.

    GN impending, A and B canceled.

    Gold A and B still running, both ceases at BE.

  5. #5
    ACAD: T1 20 pips, T2 0 pips.

    EU: T1 20 pips, T2 0 pips.

    UCAD: T1 20 pips, T2 still operating with cease at break even.

  6. #6
    UCAD T2 closed at BE, 0 pips.

    So 60 pips for the day.

    ACAD and EU T2's were stopped out in BE, by only a couple of pips. If I let the T2 positions a bit more breathing space they can at times generate a lot more pips, as in the event of ACAD and EU, but part of my trading plan is no losing trades, once I am 20 pips in profit, but all things are elastic, and this may change later on.


  7. #7
    EA short, T1 closed 20 pips, T2 nevertheless open, stop at break even.

    EG short, T1 closed 20 pips, T2 nevertheless open, stop at break even.


  8. #8
    EA T2 closed in break even.

    EG T2 67 pips.

    Thursday: 107 pips.

  9. #9
    GU, T1 20 pips, T2 cease at BE.

    UJ, T1 20 pips, T2 cease at BE.

    NU, T1 and T2 still running.



  10. #10
    GU T2 hit goal 48 pips.

    Only closed NU T1 18 pips. T2 nevertheless open, cease at BE.

    UJ T2 still running.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
This website uses cookies
We use cookies to store session information to facilitate remembering your login information, to allow you to save website preferences, to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners.