Hello babypips guys,
I started my forex Journey 3 years ago and learned a lot from this community. I have been successful sometimes and failed with the other method but the actual stability what I felt was when I completely switched to PA. So now I believe all news impacts are just translated to PA. I am happy to share all of my trades and analysis here. I have already slowed down pace of my trading (5-6 trades) and it also proved a powerful step in successful trading as I just started dropping low probability trade. Hope my contributions will be beneficial for this community.
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Hello Bluebirds
Not sure what your pace of trading is? 5/6 trades a week?
If so, that sounds about right for me too.
Look forward to monitoring your progress and hopefully
picking up a few tips
avoiding low probability trades sounds like a very wise
starting point
Regards
@Jerome32 5/6 trades a week are enough if executed at proper level. The game changer factor for my trading is the good risk reward in my trades. With good risk/reward only a 35-40% win rate can make a trader to profitable for long run.
Good idea, strictly forex I go through 1-2 trades a week but a trade may be composed of a hedge or diversity of positions. Typically I don’t trade 1 pair alone, I supplement my latest AUDUSD buy trade with smaller positions short the USD as well like EURUSD and USDJPY.
My todays pick is NZD/USD. The pair is in bearish trend on longterm with a correction move for last few months. On daily time frame pair showed rejection from the overhead resistance at 0.6950 area and formed a tripple top.
Just on the overhead resistance, pair formed a Inside bar pattern on D1 that broke to the lower side.
Getting confirmation from the daily time frame, I would now go to the lower timeframe 4H for an entry point that give me a reasonable Reward to my risk.
Placed a sell limit order at just break of Mother bar at D1 and 40% retrace of 4H BEEB. The risk on this trade is 2.5% of my capital with an expected reward of 5%.
Disclaimer: Sharing trade ideas is not any trade recommendation for traders.
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Oooh nice! 
A new trading journal I could check out every now and then. Haha. 
Welcome to BP @Bluebirds! 
And good luck with your trading! I’m sure we’ll learn so much from you.