There is no need to open new one…you can see there with how much i started and how much is there now.
This is a LIVE link. You can monitor my profits/losses daily.
nice one sir. Looking forward to learn more about PA from you 
I’ve been trading price action on the higher time frames for awhile. I’m a scalper by nature so it has always bothered me holding onto positions for days. I’m just now getting into the lower time frame PA trading. I will be following closely. Thanks for the reading recommendations since they are geared toward scalping!!
Ur both welcome!
update: current balance 152k…so over 50% finally! Half way there
Doktor, this is really impressive. 50% gains in under two weeks!! How many hours a day do you usually trade? Would it be possible to post some screenshots of some trades you took and why??
I’m reading forex PA scalping now. Just got done with the DD section:)
Actually this is my week 5. But im using only 1:10 leverage. With bigger leverage and progressive risk i would have doubled this account a few times already. But thats not the point…the point is to be consistent with low drawdown as im simulating live trading.
About trades, i took two today. And this is one of them…euro usd broke 1,3 level so i waited to enter long on a pullback.
The reasoning behind that trade was to go long on another break of the 1.3 level? Did the previous dojo give you a signal it was gonna retest?
Well dojo didnt give much signal in my opinion…but after i saw bearish orderflow was rejected at support i was looking for a momentum bar to go long…and that one happened just as expected.
Doktor, do you trade from a tick chart or a time frame chart? Which broker do you use?
I use Oanda.
M5 chart only for trading and H1 for S/R lines.
Looks pretty much like this guys thread;
The System II (Yes with irony) @ Forex Factory
Great to read really recommend it.
Cheers.
wow, thanks kasravi and doktor3 for the link and books recomendations, really interesting!
I read the trading in zone a pair of years ago, one of the books that have marked a before and after on my mindset as a trader. An other thing i would like to recomend because i have found truly usefull trading PA pullbacks is the basic Elliot wave theory. It tells you the “points of ruin”, in other words, which pullbacks you should avoid.
well, so if i have understood your form of trading what you do is:
(bullish pullback trade example )
1st you wait for a clear bullish move.
2nd you wait for a retracement (a higher high appears).
3rd you enter the first bullish candle with long body after the pullback (avoiding trades that are below a round number)
(really simple rules!)
Is this the way, or am I missing something?
Can you explain a bit were you put your tp? I have been trading pullbacks for a while, and this is still my main concern.
Hope you can reach the 200k with in a month!
[B]WEEK 5 [/B]
Doktor, do you take other PA signals other than breaks of sup/res?
Hello,
here is current update on my account. I have not been trading much in last 3 weeks as im on holidays/travelling but from next week im back on serious daily trading again.
Sure, i like trading range market more then breakouts.
AFTER WEEK 9
This looks good, keep up the thread when you go live. I’ll be following!!
On friday there was some nice price action…so another update
after 200+ trades sample
[B][I][U]MISSION COMPLETE [/U][/I][/B]
[B]AFTER WEEK 10 [/B]
This is it for now…im a few K short of excatly doubling the account but i started trading live now so ill leave it at that.