Ben Coughlin
167 posts


EU Shorts for London session.
Today is a tricky day cause for europeans Powell will appear as he spoke on Monday and for the US he spoke on Sunday, up to u to decide if u wanna trade today or not.
tradingview.com/x/FTEM00RZ/
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@JoelCarpenter_ You had a chance to review TradeWins Alpha results for Judas?
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My takeaway here is that if you only trade the tradeable days based on Phantom's rule you end up with the same winrate, but half the ROI, for A LOT LESS WORK.
I'm off to see what happens if we only trade London session, since NY will be off the table for me later this year.
Joel Carpenter@JoelCarpenter_
So I realised that I could use ChatGPT to filter this test to only show @phantom_ict tradeable days based on his standard news rule. So this table is taking trades on the standard allowed non-news days, taking partials at 1R / 2R and 3R (75%, 50%, 50% respectively). You can compare to taking every entry in every session on every day in the tweet quoted below.
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@fxEdisonn I thought this, did seem that low was inducement and would likely be swept. Also noticed a lot of times when we see London low of day, New York will retrace to OTE of London (Usually around the London MSS/ our entry before then carrying on expanding)
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The first high is a good high but it gets wicked through and the candle doesnt close above, in this case i mark the new high even though it could or could not be marked by the indicator as a high, i still reference to that as the high and until a candle closes above that i dont trail my sl. Then the new high gets wicked again so now i look higher.
The reason i do this is that a high can be wicked through multiple times, it retraces(probably deeper than the low) and then continues higher so i dont want to get tagged out in this scenario and yes there is a high possibility it might reverse completely and take full SL.
This is only personal preference and i have not tested yet if its better to do it this way or not but my results are done using the way im explaining, it shouldnt matter too much but i wanna explain so people can make their own judgement and understand why i do what i do.

Sahil@TradderSahil
@fxEdisonn SL Trailed, Secured 1R
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