Rickk:
Thanks boss, I appreciate.

I'm sure going to thoroughly study this strategy..

But for now though, before I become perfect on my own, I would be trading your calls for now😁

You are welcome chief.

...after a while, you will see what I see.

Good morning.

Rickk:
Chief, your trading style is kinda weird, but super profitable..

I mean, how do you possibly trade gold with just 10 pips stop loss? And when u get stopped out, u re-enter again with the same 10 pips stop loss..

And the good part is that your R;R ratio is always big enough (I'm talking 1:6 and above)

I have followed through on some of your previous calls here on gold, and I must say that you're doing fantastically well..

Please do you mind sharing your strategy. I personally would love to learn from you.

Lol...thanks Chief.

...it follows good risk management nah, so it cannot be weird...but, I get your point bro.

Actually, it is a style that I developed for instilling my discipline in trading and reducing the volume of my losses. In retrospect, I observed that whenever my entry was right, it was usually within price lines I call traction levels. So I started minimising my SL strictly around those levels with spreads added for any entry. That way, if two traction levels are consecutively lost, it becomes unlikely that my analysis was right and I exit from any further entry for that trade.

Also, like you noticed, rarely do I take trades that have an RR of less than 1:4; that way, one winning trade after 2 or 3 losses can bring me to breakeven and preserve my live accounts.

My strategy is just with the Bollinger Bands {default settings} in mostly M5 and M15. I locate a point where the Upper and Lower BB visually acquaint each other with a {right trend} candle body course across one of both; then I track historically leftwards to pick their three traction levels {three BB levels} and place entries one after the other for only two levels, that's all.

The simpler your strategy, the better for your profitability in the long run; but you must always be patient to follow your strategy strictly.

May the blue pips always be with you. 🥂

klinksd:


SL hit. Re-entered at 2025.6, new SL is 2024.0, TP remains same.

Closed in nice profits, 6 pips shy of the TP for an RR of 1:7 with a haul of 114 pips, recovering the earlier loss.

Now waiting for the sell limit to be triggered.

🥂

klinksd:


XAUUSD
Buy Limit
E: 2027.8
S: 2026.8
T: 2037.6
RR: 1:9.8

...may the blue pips be with us. 🥂

SL hit. Re-entered at 2025.6, new SL is 2024.0, TP remains same.

klinksd:
"...the market is only infallible because it is final." Klinksd

XAUUSD
Sell Limit

E: 2037.6
S: 2040.6
T: 2023.6
RR: 1:4.6
-----------------------
AUDUSD
Buy Limit

E: 0.6530
S: 0.6520
T: 0.6621
RR: 1:9.1

...may the blue pips be with us. 🥂

XAUUSD
Buy Limit
E: 2027.8
S: 2026.8
T: 2037.6
RR: 1:9.8

...may the blue pips be with us. 🥂

"...the market is only infallible because it is final." Klinksd

XAUUSD
Sell Limit

E: 2037.6
S: 2040.6
T: 2023.6
RR: 1:4.6
-----------------------
AUDUSD
Buy Limit

E: 0.6530
S: 0.6520
T: 0.6621
RR: 1:9.1

...may the blue pips be with us. 🥂

klinksd:


SL hit.

Re-entered at previous SL with new SL at 2026.4 for my final trade entry for today.

SL hit.

klinksd:
XAUUSD
Sell Limit

E: 2022.4
S: 2024.4
T: 2012.4

RR: 1:6

...may the blue pips be with us. 🥂

SL hit.

Re-entered at previous SL with new SL at 2026.4 for my final trade entry for today.

XAUUSD
Sell Limit

E: 2022.4
S: 2024.4
T: 2012.4

RR: 1:6

...may the blue pips be with us. 🥂

klinksd:
EURUSD
Buy Limit

E: 1.0833
S: 1.0820
T: 1.0917

RR: 1:6.4

...may the blue pips be with us. 🥂

SL hit.

klinksd:
EURUSD
Buy Limit

E: 1.0833
S: 1.0820
T: 1.0917

RR: 1:6.4

...may the blue pips be with us. 🥂

klinksd:
AUDUSD
Sell Limit

E: 0.6606
S: 0.6619
T: 0.6553
RR: 1:4

...may the blue pips be with us. 🥂

...activated since yesterday and on-going.

Good morning traders. 🥂

thegoodnews:


I trade on prop firm for now. What about you?

Oh nice, I asked because I sensed that you may be an active trader and probably, a good one, I may be wrong...lol.

I trade only on my live accounts.

Feel free to criticize my trade calls; I would like to see and engage yours too.

Welcome to FTA24.

thegoodnews:


@klinksd

Nice one.

What are the time frames you use for your analysis.

...sorry to ask Sir/Ma, do you have and trade on a demo or live account?

AUDUSD
Sell Limit

E: 0.6606
S: 0.6619
T: 0.6553
RR: 1:4

...may the blue pips be with us. 🥂

EURUSD
Buy Limit

E: 1.0833
S: 1.0820
T: 1.0917

RR: 1:6.4

...may the blue pips be with us. 🥂

klinksd:


SL cautiously reviewed {finally} to 1.2726; reducing my RR to 1:3.2.

Good morning traders.

SL hit.

klinksd:


SL reviewed to 1.2705 because of usually high spreads from low liquidity, between the close of NY Session and the open of Tokyo Session.

SL cautiously reviewed {finally} to 1.2726; reducing my RR to 1:3.2.

Good morning traders.

thegoodnews:


@klinksd

Nice one.

What are the time frames you use for your analysis.

Good morning and thanks bro.

I use H4 to M5, but my zones of interest are mostly from M5.

🥂

klinksd:
...no risks taken, no reward earned.

GBPUSD
Sell
E: 1.2686
S: 1.2697
T: 1.2596

...may the blue pips be with us. 🥂

SL reviewed to 1.2705 because of usually high spreads from low liquidity, between the close of NY Session and the open of Tokyo Session.

...no risks taken, no reward earned.

GBPUSD
Sell
E: 1.2686
S: 1.2697
T: 1.2596

...may the blue pips be with us. 🥂

klinksd:
GBPUSD
Sell Limit
E: 1.2739
S: 1.2749
T: 1.2636

...may the blue pips be with us. 🥂

Good morning traders.

...closed in profits at an RR of 1:8 with 81 blue pips in the basket. 🥂

klinksd:
GBPUSD
Sell Limit
E: 1.2739
S: 1.2749
T: 1.2636

...may the blue pips be with us. 🥂

Good morning traders.

...TP ooh or I no go gree

...boss @infofirst na just 103 pips nah, I no greedy nah...

The high volume market makers in CFD markets have zones of interest for either Sells or Buys, not exact price lines of interest; otherwise, the market would be valueless as institutional investors and retail traders, would place entries at the same price line and no one would want to take the opposite trend direction.

A zone of interest can be breached without the market makers being involved; this is why you might have a sniper entry, but your expected minimal take profit is not reached; no liquidity to drive the trend.

When the market makers want to create and sustain a trend, they use the same zones; however, their order placements in the market create candle patterns within or around that zone.

This pattern repeats again and again from time to time, and is the actual edge in trading. Not the how which we can all see, but the what and when?

Make we dey look chart wella, we go find am one of these days... 🥂

GBPUSD
Sell Limit
E: 1.2739
S: 1.2749
T: 1.2636

...may the blue pips be with us. 🥂

Good morning traders.

klinksd:


SL hit, re-entered with new SL at 2017.

...losses recovered, closed in fair profits.

klinksd:


...going smoothly in the blues.

already closed at BE.

klinksd:


SL hit, re-entered with new SL at 1.2730.

SL hit again, no more re-entry for today.

klinksd:


This was a slightly early entry; closer review presents an optimal price for this entry higher up.

I will wait for the current entry to be retested, then I will close the current trade or extend the current SL.

The new entry...👇

SELL LIMIT
E: 0.6612
S: 0.6623
T: 0.6524

...going smoothly in the blues.

klinksd:
GBPUSD
SELL LIMIT
E: 1.2713
S: 1.2723
T: 1.2636

...may the blue pips be with us. 🥂

SL hit, re-entered with new SL at 1.2730.

klinksd:
XAUUSD
BUY LIMIT
E: 2021.55
S: 2020.05
T: 2040.95

...may the blue pips be with us. 🥂

SL hit, re-entered with new SL at 2017.

XAUUSD
BUY LIMIT
E: 2021.55
S: 2020.05
T: 2040.95

...may the blue pips be with us. 🥂

Kaybee7000:




Am not trading GU and XAU this week

...oh ok, hopefully, you will change your mind...