Friday, August 25, 2023

TPOT 08-25-23






We finally got the payout guys! Worth the wait!
At least 2% Monthly from our 50K funded account is a good low risk way to manage this and extend the longevity.
ICT also mentioned this in his tweets as his advice to Cameron who is new with a number of funded accounts also. To trade them via cycling and secure the payouts then move to the next account.

Read More......

Thursday, August 24, 2023

TPOT 082423

So today we have Lesser News after yesterday being peaceful without trades.




DXY is NFT but price is already at discount and momentum is still upwards. Most likely ++ trades would be LONG EU and GU and SHORT Swissy



EURUSD
4H has been breached right away but still NFT.
I will not take trades on EU until next BIAS is clear.



GBPUSD
Still SFT as yesterday but we are in premium we can look for shorts. I do not like how it pushed down yesterday with the SFT but seemed to have reversed.


Swissy
4H Breach also

Given these I do not see any trades during London. We have to see what happens later after the 830AM News and look for trades there.
We gain profit as free time right now to do other things! Priceless!

PS:
I tried to take a GU trade during Asia. Here it is right now before start of LONDON KZ.
Will it TP? Let's see!
Update: TP HIT for the Asia short. So it does work in Asia provided a large move happened the day before and Asia can become the continuation



Read More......

Wednesday, August 23, 2023

TPOT 082323

Requested Payout from TFT Royal 50K Funded! Oh Yeah! The time has finally arrived 30 days of waiting payout.
We will use the refund of the challenge for purchasing 100k challenge. 











DXY is FT at the moment. Bullish Momentum but FT waiting for discount price. So we expect EU and GU temporary upward and Swissy Shorts




Lots of news today also



EURUSD
Inline with DXY EU is NFT.
So we see if we can look for Longs this London KZ


GBPUSD is still FT
We still have our trade from yesterday open.
We do not want to double our exposure here if a trade presents itself


Swissy still NFT and we are in a tighter range because of the new 4H fractals.

Given the above, I will give my focus to just our open GU trade and any possibilities for EU Longs

Update:
NO Trades due to the breach of the 4H highs during news on all the pairs.
Our GU Trade from previous day has been stopped at BE.
Read More......

Tuesday, August 22, 2023

Pre London TPOT Aug 22

Today is no News day so we may expect early movements for FX.


DXY BIAS is Downward as there is no follow through NFT upside. We will favor more for trades inline - Long GBP, EUR, Short CHF.
Note though that price is already near the bottom of the range



EURUSD is NFT Upside thus we look for sells 

Swissy is still NFT and Bias is still short but we are in discount.
Possible to look for buys counter trend since we are in a bullish momentum.
Depending on where price is later, we will trade accordingly.



GU is Unconfirmed but still has that bearish momentum given higher highs have not been broken



For this session given the above, we focus first on NFT EUR shorts as they are the cleanest setup with momentum also to shorts.

UPDATE: EU breached 4H high so no trades.
we will only have Swissy to monitor and trade

UPDATE 2:
Swissy Long Trade Taken Counter NFT pro Momentum Upside.
TP Hit +3




GU Long Trade FT
SL Hit - 1

GU Long Trade FT taken near close of NY KZ - it took the full range to reach the 1:3 but let's see what will happen

Still Open




Net Weekly BE 0%


Read More......