Hi-Lo Swing Trades

Trading Discussion Trade Journals
41

Tp on this short trade moved to 1.1934

42

Tp on this long trade moved to 0.9803

43

Absolute wipe out! Thank God for Demo…so I will be making some adjustments to improve on results.

44

GM Everyone.

These are my current trades:

Short the EURUSD H4 PVSH Resistance at 1.2244, sl1.2301, tp 1.1966
Short the EURJPY H4 PVSH Resistance at 136.28, sl 136.79, tp 133.53
Short the NZDUSD H4 PVSH Resistance at 0.7291, sl 0.7342, tp 0.7022
Short the NZDJPY H4 PVSH Resistance at 81.12, sl 81.48, tp 78.42
Long the USDCAD H4 HIGHER LOW at 1.2437, sl 1.2347, tp 1.2618

45

GM Everyone, all trades remain open.

I am now short the GBPUSD H4 PVSH Resistance at 1.3898, sl 1.3962, tp 1.3540 (210 $ 377 fib confluence)

46

All trades closed for +150pips

47

Long NZDJPY H4 PVSL @ 81.04, SL 80.70, TP 83.38

48

helo,

you should try implementing ictures in to your thread, this way you will gain much more audience and verify the authenticy of your numbers.

you can use the SnippingTool of windows, every windows computer has it preinstalled and it comes very handy simple to use and very quick.

Just go on the search tab of your windows and search snippingtool.

49

Hello,

I usually, but didn’t want to clutter this thread with all of that. The Hi-Lo Swinging trade explains the strategy. My intention here is to regain my footing on this strategy and then go live, after which, if I continue here, I will post images.

50

Long EURJPY PVSH reverse trade at 135.15, sl 134.64, tp 137.04

51

Short USDCAD PVSH Resistance at 1.2355, sl 1.2418, tp 1.2231

52

Good Morning All.

Closed yesterday’s for net +77pips

Results

53

Short AUDJPY H4 PVSH @ 87.91, SL 88.27, TP 86.65 (FIB 210 & 327% Confluence)

54

Short EURJPY H4 PVSH @ 135.99, SL 136.4, TP 133.47 (233&89% FIB Confluence)

55

Trades closed +35pips

Results

56

GM Everyone. I liked these PVSH & PVSL setups so I took them :slight_smile:

Open Trades

57

Good Morning Everyone,

So first off, I’m very happy that I decided to take this approach before venturing live again. I learned a couple of things:

  1. I was trading way too many pairs. So I have reduced it to observing only 5 pairs and taking only 3/4 trades at a time.

  2. My stops are too big. This is largely influenced by poor entries, through impatience or insufficient trade planning. I found a way to improve my entries.

  3. I need to bank more profits. The strategy almost always takes me into profit, however its not always a swing type trade. Therefore I have decided to reduce my take profit levels and better protect green trades.

  4. There ARE days that are ‘not so good’ for trading. For me, these are Sunday, Friday and sometimes Wednesdays can be wacky so this is a TRADE WITH CAUTION DAY. As such, I will only trade on Mondays, Tuesdays & Thursdays and carefully choose Wednesday’s trades or just trade 1 or 2 pairs on Wednesdays.

  5. I learned that If you stick with one Good System you will better understand its strength and weaknesses and see ways to improve on it.

2 Likes
58

Thank you for sharing this with us @BankDaPips! :slight_smile: I am actually one of your silent readers. I hope you continue sharing your journey with us! :smiley:

59

Thank you ria_rose! I intend to do so.

1 Like
60

Good Morning Everyone.

So I am live today with a tiny account.
Pairs I’m trading: EURJPY, EURUSD, NZDJPY, NZDUSD, USDCAD
4HR charts only