This trade I ran it for quick buck, despite knowing it has some potential for 30 odd pips, I have a 20 pip profit in mind, once that hit I got out to make 18.
The trade further went in my direction to tank another 22 pips. but I am happy tummy full…
Thanks for the charts. I can see that not all charts/price feeds/brokers are created equal…lol…my candles are formed quite different than your although the price flow is the same.
I’m still working on getting the basics down but I am starting to get it
I agree your indicators are probably modified, but the candles are different just because of your timezone & broker…what broker are you using for those charts?
I’ve been reading a thread over at forex factory …“Trade Using VSA”…by Shamus. There’s a lot of info there! They also had that Murray Math indicator you have, plus the custom candles one…but I didn’t load that one up yet. Do you ever go on that Live IRC chatroom? I’ll be logged into it tonight to see what’s happening there if anything.
Thats a good thread to get a good read on basic VSA, as I heard Shamus is a very good VSA Trader, but I am not sure if they use similar setup like mine…
Its been heftily ranged this NY Session, but my system did “screamed” we are heading down on EU… though it broke off, but thats late hour to trade, so left them alone
Entry : 139.02
Exit : 138.67
Total Pips : +35+998=1033
A chart attached of this trade,
Before this GBP News, my system “Screamed” a price drop with a perfect setup visible, I am not a news trader usually keep out of trades during news, and I didn’t take the setup only to see the price dropped a 80 pip right after the news… I might consider starting to take the news setups as well.