My Price Action Trading Strategy

Yes, when I trade a major/ minor pair I trade with a 2.0 Lot size. Once my trade reaches TP1 I close 1.33 of that trades position, which leaves 0.67 to run til full profit or it retraces back down to BE.

TP2 really isn’t a take profit I actually just move my SL to TP1 once price reaches my TP2 mark.

Exotics are traded with a 1.0 Lot but the same principle and ratios are applied as well.

Looks like there was a nice reversal last night in USDCAD.
USDCAD

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Trades that I have an order placed, not active yet.

USDSEK

GBPUSD

GBPJPY

EURNZD

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No order placed just some thoughts…

NZDCHF

yeah i noticed that when i woke up brother. engulfing on 4hr. we’ll see if it can make its way up to 1.26

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The Dollar wants 96

more lows on EURUSD. Dollar has Res at 96 tho

Yea, i have placed an order at 1.1329 for EURUSD.

Does you TP1 and TP2 have same stop loss ?

NZDUSD at support

Yep. Could be inline for a buy but with the strength of the dollar today I’d wait to see if it closes lower and go for a sell.

No, TP1 SL is BE and once price reaches TP2 then the stop is moved to TP1.

def brother… u went long on USDSEK was it?

yeah it was, thought so. nice trade man. EURCAD not doing much today

That I did. Seems to be working out so far.

Just took a BUY on GBPUSD hoping it respect my strategy and go my way… i share a pic of it

got some support at 1.34 area. then 1.336

My order for GBPUSD is a little higher. Sitting at 1.3473. Isn’t active yet.

i have TP1 and TP2 on 1.00 size bt similar SL

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trades were taken from 1hr timeframe