Journal of Junior Hunter (Charts & Explanations)

Post by **intcust** » Fri Oct 25, 2013 2:15 am

read up on vsa trading and the vol. will become important peter faders has good viedo

Fable · Post by **Fable** » Sun Nov 03, 2013 10:32 pm

Could you share some links or books ?

Thanks

Dovilo · Post by **Dovilo** » Sat May 03, 2014 3:21 pm

I think this is channel intcust talked about. https://www.youtube.com/user/petefaders/videos

I know it's half of a year late but people sometimes read this thread and maybe will search for that

Fable · Post by **Fable** » Thu Oct 16, 2014 4:31 pm

Hey fellows traders/hunters !

After being away from trading for a long period (lots of drama happened into my life), I'm back !

More enthusiast than ever

Thank you Dovilo, I have checked the video you posted, I believe petefader is a well respected trader from babypips, so I will look into what he says about vsa.

But for now, I mainly focus on price action.

I won't post live trade anymore as it distract me from trading. But I'll post some trade with explanations if I have the time for it. I hope you'll enjoy and that we could exchange opinons !

I'll probably won't continue this if there is no audience because I take me a lot of time to comment, explain and post the pictures !

No more talk here is my chart of the day

I actually made 11% today trading it.

Fable · Post by **Fable** » Fri Oct 17, 2014 8:58 am

Still AU: next episode of the story !

Maybe there will be a second wave for the last buys entries

Fable · Post by **Fable** » Fri Oct 17, 2014 9:01 am

This is why I should'nt be posting while trading

just miss the expected Wave 2

Fable · Post by **Fable** » Fri Oct 17, 2014 12:47 pm

Some trade I just took (EU) and some I exit too soon because I had some doubts

Fable · Post by **Fable** » Fri Oct 17, 2014 12:59 pm

Trade of the moment (CJ), a bit risky one, but I expect the H&S pattern on HTF to fail

Fable · Post by **Fable** » Fri Oct 17, 2014 1:04 pm

Is the sell pression gonna be big enough ? The fox only knows, anyway I'm out for the week, maybe with some more money

Fable · Post by **Fable** » Fri Oct 17, 2014 1:49 pm

Tebis wrote:
Just 2 question:
What is your exact decision to look at or find a specific Pair(from 26) or currency to trade in the morning ?

Are you trading only TF M5 of higher TFs ?
btw. I am located in switzerland.
Cheers
Ernst

P.S. I hope the drama which happened in your life wasn t too bad.

Basically I choose a pair on my feelings, meaning: it's the same as for girls go for the pretty one

What I'm looking for is a trending pair, or a pair in a range that could be a reversal pattern. I mainly avoid the ones with PA going up and down like crazy for "seemingly" no reasons => meaning the fox is getting ready to slaughter some cattle. For the rest, as in my charts I look at the story they are telling me and go for the one I like.

I'm trading on every TF depending on how much time I have to trade. I never go lower than M5.
2 things make me trade mainly on M5:

- I don't like waiting nor letting trade open during the night nor during WE.

- For now I'm trading fix ratio, so my MM tells me that if I see let's say a 50pips move, I prefer to go for 20 or 30 pips with a 10pips SL instead of going for the 50 with 25pips SL. From my point of view this is increasing my probabilities IF I choose a wise SL.
BUT the counterpart of this: I pay more in commission.

As I told you I still see my self as a rookie, so I'm still experimenting stuffs. Maybe a good way to improve my commissions/gain ratio would be to go first for pattern on higher TF (but you might have negative swaps).

Also 2 things turn my trading completely around:
- Trading = You HAVE TO lose sometimes, If you don't you will crash your account, so now I see my bad trades the same way as my goods one.
- You have to see markets as endless opportunities, when you see one, make a plan and go for it. I lose more by not trusting my plan and trusting my emotions ! Most of the time every trade have 50/50 odds.

Regards,

Fable