How do trailing stops fit in your system?
It fits, but it’s a bit hard for me. Espacially in this case where my entry is on the daily timeframe and I can’t really put a trailing SL because normal fluctuation between two daily zones would take me out even before price has the chance to complete it’s move.
Red line here is my entry and the bottom of the red rectangle is my TP level (35% profit).
Edit : Looking at the daily chart now and I really have nothing saying to my that my TP is off so it’s calming me to look at the bigger picture.
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Making process. Explained my charity idea a friend and it turns out he volunteers with non profits over the weekends. He’s gonna connect me with head of a local fund bank on Sunday and get me on their team. Networking and learning experience all in one.
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How i see it it should either reverse or have a reaction at exactly where it did. Around 212 there. Ofcourse it can still move higher now but losing most of ur gains for 5 extra i would just close at first reaction point
Might set my target at 212 then, honestly at this point part of my system is improving my targeting. If we get a retest of that part or even a liquidity run on that top I don’t want to be left out.
Not really an issue for me.
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@GoldenTiger Not sure if this is useful. The way i was taught was if you get a big candle like this, then enter only if it can successfully close above the 50% mark, the probability is higher for a reversal back up. If it can’t then it’s just gonna do another leg lower more than likely. The volume on the weekly is just still sitting below the average volume line too.
Also, on the stochastic on the weekly, it’s majorly pointing downwards, which suggest to me more so that it may have more downside.
I could be wrong though, just that if the bigger picture is bearish, then personally, i wouldn’t go long till both daily and weekly match. Hope this helps you in some way 
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Yes! 
Here are my entries, got them before it came back up. I targeted the bottom of the daily, but you are right,
I’ll check what it does, might adjust my TP soon to 212.
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That’s cool, using limit orders to get that precise for entry or just eyeing it?
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1m/5m structure change from a 15m “orderblock”, or supply zone/demand zone inside a macro supply or demand zone.
Limit can work also. Sometime I’ve had perfect entry with price reaching my limit+spread just to tag me before reversing, but now I prefer having a reaction from the market to confirm a reversal before entering 
if you check my entry you’ll see they are 5-15 pip from the low usually.
Great entries are fun to show off online, but I still need to tighten my system around it to extract profits each months.
In the few next week I’ll rework my system from scratch, focusing on describing which zones are great and which are not, and still the fractal market movement.
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How about adding back AOW to your stack + New R.I.C.H Trader to optimize the strategic side ?
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Can I ask what is your strategy? In my experience the simpler the better. I just use market structure, suply/demand zones and a breaker block (basically a retest) to enter. I target 2.5R fixed, with stoploss and takeprofit also fixed. It is pretty easy, I don’t even have to think lol. I use 15min timeframe as my main one, and I have 1 or 2 trades per week, sometimes 0.
Today’s example (GBPUSD):
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Very similar as yours S&D on the 4h mainly, refining on the 15m and aiming for the largest TP possible. Since I did that 268% in 1 month and 1 week I can’t not try to at least maximize my return.
Might have been a malediction to take that trade tbh.
I’m having trouble tho discerning which zone will hold, which one won’t.
I see what you did there, classic break to the downside and retest, I could execute that. My strat is similar, my brain just has trouble accepting it, I have that need to figure out more.
Maybe it could work, who knows. Right now I’m having very good results in my marriage with WDB tho so I love my stack.
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This is one of the coolest threads here, lol.
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That’s the thing, you can’t know which zone will hold, so you need a filter that makes you enter in the good zones as many times as possible. For that, I use the fib tool and I only consider zones in the 50% or more (pullback). Then after I mark every zone in that area I wait for price to reach there, if it gives me the retest pattern I enter the trade, if not, I don’t bother. Most of the time this filters the bad zones.
I have a 70-80% winrate using this method, so it works wonders. You can change the retest pattern for whatever entry method you like.
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Definitely haha
If I understand proprely, you trade the reaction to the zone and not the zone itself?
I saw a channel on Telegram that can help refine your strategy; it has good results, and I remembered it after reading your report with graphs and results.
~
Your perception of the market has changed a lot in the last few days, cheers for progress!
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Derailed a bit from pure RT results, but I bet everything manifested here stems from RT’s influence.
Exactly! That’s what I do. It works for me. I prefer to have a high win rate than a high R:R. It’s better for my psychology to have many more wins and few losses; it helps me maintain my confidence.
Update on yesterday’s trade:
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Worked like a charm.
Part of my strat means entering on a pullback at 50% fib or further retracement, but I usually try all of the zones hahaha
And I do 4h zones.
I’ve seen so many times it touches the zone and start flying hahaha
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