Recent content by tr1ps_master

As you can see, I do nothing fancy. I do not have any indicators - just simple support/resistance, HH/HLs, LL/LHs. I want to trade both sides of the market, and I do.

Another example of a T1 - Trend Continuation. This is a trend continuation on the H1, you might not see it as a such, but I do have strict criteria on how I define my setups. If you look on H1, we have LL/LHs forming. Gold +2.09R Reason for trade: - We have been trending up a very long time...

For those interested in how I trade, I will share a glimpse, because it is rather straight forward. T3 - Outright Reversal trade GBPJPY +1.18R Reasons for the trade: - coming into previous resistance - hovering around a zero level - 189 As you can see my TP was previous intraday area which...

Funded Accounts - $200k Now I am funded, I am trading 0.50% per trade, on some instruments its a little different due to certain account limitations. So how was my trading once I got my accounts? Well I was just trading as usual and I had the worst 2 weeks of trading. First week, my first 4...

Hello all, I managed to pass my second Phase 2 account on the 6th January - was a very nice start to the year. So I have now been funded with $200k, it took the prop firm an absolute age to give me my 2nd account, I don't know whether it was the holidays backlog but it took a good while like...

After my review I realised one thing that the stats were missing...I was relying on the single challenge account too much, causing me quite a bit of anxiousness on the result of a single trade. I was either missing setups because I was watching too many pairs, or I simple simply couldn't take a...

Update time. So since my last post, I was feeling good - deservedly so! (I call myself out when I am not doing well, so equally I will praise myself when I do). I was completely disciplined. Knew my stats. Knew my slight adjustments for certain setups. Folks, the whole idea here is to MAKE...

I am very glad I traded with active management on the side. It has taught me a lot more about myself and what works and what doesn't in a much quicker way than passive trading would have. As you can see from my Running R graph, I had a real hard time for a few weeks where it was just a...

So I have alluded to 'another project' earlier a little, well the project I thought I would undertake was to do 2 projects at once to get a greater sample size data. - Project 1 - passive management, with 1:2 RR targets, no management. - Project 2 - active management, having exactly the same...

Summary of 20 trades Total Trades Wins Loss BE R return T1 - Trend Continuation 9 2 7 0 -3.3 T2 - Trend Reversal 10 5 4 1 5.45 T3 - Outright Reversal 1 1 -1 1.15 Interestingly, I have found that my T2 - Reversal trades, for this particular 1:2 RR passive trading has...

I have been running a project in the background alongside this forward testing sample, and this had taken majority of my time. I will explain this below in more detail, however this meant I basically did not trade this account for approximately a month. 7th October 2024 to 11th October 2024...

9th September 2024 to 13th September 2024 Everything is net of costs. 2 trades closed 2 Losers T2 - Trend Reversal - GBPCHF -£4.46 (-1.18R), risk was £3.77 (really disgusting swap) T2 - Trend Reversal - USDCAD -£5.24 (-1.07R), risk was £4.90 Net -£9.70 / -2.25R Running R = +3.17R

For anyone who's interested...I am still here, life has been pretty hectic. I have taken 4 more trades since last post and will endeavour to share this soon.

2nd September 2024 to 6th September 2024 Everything is net of costs. 3 trades closed 2 Winners T2 - Trend Reversal - EURUSD +£8.68 (+1.94R), risk was £4.48 T2 - Trend Reversal - GBPAUD +£6.49 (+1.98R), risk was £3.27 I made an error on my entry, I basically had a much greater buffer than I...

"The markets are moving in a 4 Dimensional time and Price movement, which is why everything is distorted on our 2 dimensional price charts - so we are always at a disadvantage". I am not sure I agree, what do you mean by the 4 dimensions? The disadvantage is if you possibly think you can...