EUR/USD - GBP/USD -- Clean Price Action(no indicators) | Forex Factory

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Attachments: EUR/USD - GBP/USD -- Clean Price Action(no indicators)

EUR/USD - GBP/USD -- Clean Price Action(no indicators)

Real forex thread, with setups posted almost daily(I dont trade every day, but most certainly weekly)

No charts looking like Picasso art gallery.

Pure Price Action, with institutional models, like they do at professional trading desks.

Funds and professional trading desks dont use indicators, they lag and signal in hindsight, they also can reverse, giving false signals.

Professional traders either trade long term(requiring big capital) or trade based on price action, clean charts.

I have read about 15 trading books, from Fibonacci, RSI/MACD, to street smart by Larry Williams, nothing helped until I basically got a master from studying the chart, I spent over 10000 hours back-testing and trading demo, now for 6 years I have been a profitable trader, over 10 years in the trading space - I have developed 4 models - with heavy inspiration by the master ICT.
- But even ICT say it himself, if you want to become successful, you need to create your own model.

95% of retail traders DONT make any profit, its because they all are drinking from the same tainted well.

Up your trading by hanging out with profitable experienced traders, get inspired and create your own model that suits your trading style and personality - Everyone is different.
Revolutionary spirit!
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On Tuesday I got robbed, price touched my order, but did not trigger, it happens sometimes.

I managed to catch a position further down
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My current target is Monday low, I will shave off some of my position once we break London low, just to pay the trader - ALWAYS PAY THE TRADER!

This is one of my models - Basically targeting the Monday range, once its established.
Revolutionary spirit!
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If TP hit, total is around 600e. I have shaved off and re-shorted through out the day, will post total once all hit or I close.

But this is the current gross, meaning open position.
Revolutionary spirit!
Euro took out London low, but after daily close. However, price was very close to the low, before the daily close, around 1 pip.

I am seeing DXY still climbing.

I will stay up for Asia session, gonna sacrifice sleep this night and see how it develops, not gonna let the market take the gains back.

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Revolutionary spirit!
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we got good bearish volatility during asia session, shaving of some here, once we break the lows
Revolutionary spirit!
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(1h) a clean break, now hanging on the edge, following closely, shaving off bits of the position under London low from yesterday.
Revolutionary spirit!
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15 pips from Monday low( 4h), perhaps news dropping in 11 minutes will finally push us down there.
Revolutionary spirit!
EURUSD 1h chart Pop or Drop soon waiting for US Initial Jobless Claims less than 3 min
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EURUSD 1h chart Pop or Drop soon waiting for US Initial Jobless Claims less than 3 min {image}

I have seen it pop before taking Monday low, it happens sometime, even when this close.

I have my stops in and I will close manually if break certain highs, if thats the case.

But 15pips is very little and news events usually destroy both sides - funding are paying shorters, now for 2 days in a row..
Revolutionary spirit!
EURUSD drop first move
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EURUSD drop first move {image}
Yes, all the news were better than forecast and bullish for USD, helping the short
.

We also took out Today's london low
Revolutionary spirit!
EURUSD 1.165~.163 soon!
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(4h) Monday low finally taken!

I'm out 100%, managed to grab around 750euro on this move, closed the rest now and bagged the final payout

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Revolutionary spirit!
EURUSD 1.165~.163 soon!
Could be, I will take a break from the chart for some hours, make some food. I was up very late to follow Asia session yesterday and woke up early for London session today.

I will analyze the rest, but I basically reached my target from Monday high to Monday low - this is one of my models btw, in total it was around 70 pips, but like I mentioned in the above post, I got robbed from that perfect entry on Tuesday and had to short lower down, but I still bagged over 30 pips though, over all happy!

Usually my trading week ends on Thursday, specially when price action is like this, choppy and slow....

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Victoire enfin
Revolutionary spirit!