Mike Cohan @MikeCoh
Trading Simple Price Movements with three candle reversals (3cr) - posting trades which I hope are helpful to others. I WILL NOT DM YOU, I HAVE NOTHING TO SELL. Surrey, England Joined March 2010-
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Following24
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XAUUSD +10 (1:1) H4 and M30, price can be seen grinding higher and higher M1 pullback breaks for a low, high, higher low, higher high entry as price continues grinding higher Have a great weekend everyone!
USDCAD +12 (1:1.2) Long M30 price going down breaks support M5 price breaks the downtrend and moves back up to retest the support level as resistance
XAUUSD +17 (1:1) Long M30 - resistance becomes support M5 - resistance becomes support M1 - Low, High, Higher Low, Higher High Lots of room before resistance above on M30
EURGBP Missed long trade idea Did you ever do this too? I saw this earlier, marked it up and forgot about it - until now.... 🙄
EURJPY +7 (1:1) Short Price breaks up from overnight resistance high, leaving a support area to be retested Price tests yesterdays open #deanslines M1 price and RSI diverges Price returns to retest the overnight high as support
EURNZD +9 (1:1) Long I woke in the early hours and saw this untested level on the M30 M5 2b, aiming for +24 at M30 untested level Couldnt keep my eyes open any longer, moved stop and fell back to sleep
EURNZD +10 (1:1) Long M30 price broke below support Price moves beyond 5 day ADR M5 price breaks downtrend with a low, high, higher low, higher high as price moves back up to retest the M30 break area #3crsquad
No overtrading, just pick the low hanging fruit 👍
No overtrading, just pick the low hanging fruit 👍
GBPUSD Two trades - b/e and +16 (1:1) Long NFP news pushed price down to support and monthly open line M5 RSI divergence 2b / 3CR reversal for first entry, stopped at b/e Re-entered when first stop hit Target S2 pivot #3crsquad
Gold +12 (2:1) Short H1 Support breaks, price appears to be moving lower H1 3CR followed by M5 3CR followed by M1 break, pullback, continuation for entry target recent lows #3crsquad
GBPUSD +6 (2:1) Long Aiming for R1 pivot, but stopped on a pullback as I moved stop up as price almost touched TP. Guess what, every bar from Monthly to M1 was Green
GBPUSD +14 (2:1) Short Break of support, pullback, continuation. Target S2 and recent lows Also, every candle from the monthly to M1 was red and every RSI was bust, pullback, break lower
All I ever wanted to do here was help a few traders avoid getting scammed Every single new follower may be that person I wasted 10s of $1000s unnecessarily , don't repeat my mistakes Simple as that, NEVER pay, everything you need is on your charts for FREE #Repost please, TIA
MTF Momentum Scalper,.. @BestForexMethod
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18K Followers 404 Following Chief Content & Culture Officer @amplifytrading, former voice of @newsquawk, podcast host & mentor @AT_amplifymeTook a twitter break, been doing some crazy schite Did 2k miles touring and camping on beaches and mountains in a van and left my computers at home Trading is freedom, I know it, you should try it Freedom, good music, new adventures Life is short, LIVE IT I am
You can see from my sheet that I took April off, with only 3 trades, all losing. It was a busy month with holidays and domestic challenges. Easing my way back in today with this gold continuation short. Trading between the 4H zones. +2R Calendar year to date: +141%, 38R
@MikeCoh Hey Mike!! Nice to see you too!! I'm going to be less active for a while, but wanted to pop in and touch base with the gang! Cheers my friend!🙏🤍
Good Morning Traders!!🔥 🔥Wishing you a fabulous day! ✍️I hope to see you as time permits! Keep the faith! Happy Trading!🥰
When you tick the 'I am human' box on Paypal, then it says 'something went wrong'... 🤔
Hi @MikeCoh Darren hasnt shared anything for a week. Is there a problem with him?
@MikeCoh He might have got it as an emergency as he went to a&e with shortness of breath and was diagnosed with a bust heart valve.
When your friend who has just had Open Heart Surgery tells you the waiting time for a call (yes - Just a phone call) with a cardiologist for follow-up care is 7 months on the NHS.
Risk reward in trading does not exist. This concept of R:R is completely subjective to what you want to achieve from a trade. You can start your trade with a positive R:R and then move the SL or TP and change the R:R as the trade is open. It’s completely subjective and the…
@PJSmith It a stupidly effective one I'll say 😅 Also enforce "buy low / sell high" : "why would I buy if my base SL/risk is in middle of nowhere ? should wait for price to come down so my SL is better protected". ( copy/pasted "Priceline", added 2 values, compile, done. Good enough 😁)
Equity curve is a nice 40 something degree slope with no spikes, so, darn clean. Number 2 was to pass a prop shop challenge, and I finished that today, too. So, 2 nice challenges I set myself this month, and I've been lucky enough to get both done. Good job, me!
Number 1 was to double the small account balance from its original deposit. That is now done 🙂 > 100% return on the original deposit and withdrawals taken each week for the last 12 weeks, and it only took 4,991 trades ;) I am now playing with the providers money only!
Right - This is definitely me right now I am going to try and do the bare minimum today and spend the weekend recharging (instead of diving into something else full-bore head-on, like I usually do) GL folks. The end of the week is in sight!
@MikeCoh One giant leap? I need to drop the grass down a few mm, its not too bad to fair about 10mm too high