Journal of a trader without indicators - Page 2
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Thread: Journal of a trader without indicators

  1. #11
    Can you upload a chart of a recent operation?

  2. #12
    Claro. Pairs: GBPUSD Address: Short Reason: Resistance handling + False break of the weekly high + rejection with envelope sail in H1. Entry: 1.2951 SL: 1.2982 TP: 1.2885 Result: TP reached.

  3. #13
    I would have expected confirmation in M5, but you seem to have confidence in the area.

  4. #14
    The key is the reaction, not just the area. I saw bassic aggressiveness right after sweeping the previous maximum. That’s pure gold.

  5. #15
    And when do you refrain from operating? Because not every day there is clear structure.

  6. #16
    I do not operate if the market is in a narrow range or if the price is between areas with no clear intention. I prefer not to operate rather than force mediocre entries.

  7. #17
    That already puts you above 80% of traders. Knowing when NOT to enter is more important than knowing how.

  8. #18
    Many lose not because they go wrong, but because they enter when they don't have to.

  9. #19
    I went up more examples. Do you use fixed risk management?

  10. #20
    Yes. Always fixed risk of 1% per operation. Technical SL based on structure, never by number of pips. Batch size adjusted according to stop.

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