Zen Forex
@zenforex.bsky.social
Going on a journey of trading. Taking anyone with me that wants to learn!
I'm growing a demo account and a tiny real money account. Once these hit a certain percentage of profits, I'll be doing funded challenges!
Let's gooooooooo
I'm growing a demo account and a tiny real money account. Once these hit a certain percentage of profits, I'll be doing funded challenges!
Let's gooooooooo
So. With crypto. I closed my #ETH trade last week at breakeven.
#XRP is going well right now. Still looking for it to continue up. As with the rest of #crypto.
Let's see how it goes!
So far XRP is the only pair that I monitor that's actually playing out.
#ZenForex #Forex #Trading
#XRP is going well right now. Still looking for it to continue up. As with the rest of #crypto.
Let's see how it goes!
So far XRP is the only pair that I monitor that's actually playing out.
#ZenForex #Forex #Trading
January 12, 2025 at 10:37 PM
GBP/AUD Full stop out.
Sucks. It's been in profit for a week and then overnight took a nose dive. Really sucks. Oh well, you live and learn.
It was still a good trade, just happened to not work out this time.
From testing, I have a 60-65% wr. But that still leaves 35-40% losses.
We move on!
Sucks. It's been in profit for a week and then overnight took a nose dive. Really sucks. Oh well, you live and learn.
It was still a good trade, just happened to not work out this time.
From testing, I have a 60-65% wr. But that still leaves 35-40% losses.
We move on!
January 2, 2025 at 3:46 PM
GBP/AUD Full stop out.
Sucks. It's been in profit for a week and then overnight took a nose dive. Really sucks. Oh well, you live and learn.
It was still a good trade, just happened to not work out this time.
From testing, I have a 60-65% wr. But that still leaves 35-40% losses.
We move on!
Sucks. It's been in profit for a week and then overnight took a nose dive. Really sucks. Oh well, you live and learn.
It was still a good trade, just happened to not work out this time.
From testing, I have a 60-65% wr. But that still leaves 35-40% losses.
We move on!
Just got into a small #ETH Position.
This is the only crypto I've seen that I like that hasn't popped with the rest of the market yet, so I'm taking a chance and getting in a little to see what happens.
It's less than half a position size, but mainly for experimenting.
#ZenForex #Crypto
This is the only crypto I've seen that I like that hasn't popped with the rest of the market yet, so I'm taking a chance and getting in a little to see what happens.
It's less than half a position size, but mainly for experimenting.
#ZenForex #Crypto
January 1, 2025 at 8:30 PM
HAPPY NEW YEAR EVERYONE!
RECAP!
I started trading my strategy at the end of October.
This is my P&L for this year with my strategy!
Open p&l +3R going into january
December -4R
November +11R
October +1R
"R" is the multiple of the risk used!
Profitable so far! 😁
#ZenForex #Forex #Trading
RECAP!
I started trading my strategy at the end of October.
This is my P&L for this year with my strategy!
Open p&l +3R going into january
December -4R
November +11R
October +1R
"R" is the multiple of the risk used!
Profitable so far! 😁
#ZenForex #Forex #Trading
January 1, 2025 at 5:52 PM
Back in #XRP long again.
The setup is there, but I've already been burned by it so I'm cautiously optimistic lol
Let's see how she turns out
The setup is there, but I've already been burned by it so I'm cautiously optimistic lol
Let's see how she turns out
December 30, 2024 at 4:32 PM
Back in #XRP long again.
The setup is there, but I've already been burned by it so I'm cautiously optimistic lol
Let's see how she turns out
The setup is there, but I've already been burned by it so I'm cautiously optimistic lol
Let's see how she turns out
Out of gold @ .5R loss. Looks like this is going to continue down.
I'll keep a monitor on it. If it turns around soon enough and starts to look bullish on a lower time frame, I'll get back in and see if I can ride it up.
Only time will tell
I'll keep a monitor on it. If it turns around soon enough and starts to look bullish on a lower time frame, I'll get back in and see if I can ride it up.
Only time will tell
December 30, 2024 at 4:30 PM
Out of gold @ .5R loss. Looks like this is going to continue down.
I'll keep a monitor on it. If it turns around soon enough and starts to look bullish on a lower time frame, I'll get back in and see if I can ride it up.
Only time will tell
I'll keep a monitor on it. If it turns around soon enough and starts to look bullish on a lower time frame, I'll get back in and see if I can ride it up.
Only time will tell
If gold breaks these lows, I'll be watching very carefully.
I will consider it now in a downtrend if it doesn't immediately start to reverse and head back up after breaking.
I'll go flat if that happens and it holds below the swing.
I will consider it now in a downtrend if it doesn't immediately start to reverse and head back up after breaking.
I'll go flat if that happens and it holds below the swing.
December 27, 2024 at 3:40 PM
If gold breaks these lows, I'll be watching very carefully.
I will consider it now in a downtrend if it doesn't immediately start to reverse and head back up after breaking.
I'll go flat if that happens and it holds below the swing.
I will consider it now in a downtrend if it doesn't immediately start to reverse and head back up after breaking.
I'll go flat if that happens and it holds below the swing.
I took a couple stop outs on crypto last week for about -$1500. But my open positions this week that are only half way to the targets are worth +$1200. When/if they hit TP, I'll be up about $1300.
This is what's important about a positive Reward:Risk ratio!
1 win pays for a loss and a half!
This is what's important about a positive Reward:Risk ratio!
1 win pays for a loss and a half!
December 27, 2024 at 12:40 PM
I took a couple stop outs on crypto last week for about -$1500. But my open positions this week that are only half way to the targets are worth +$1200. When/if they hit TP, I'll be up about $1300.
This is what's important about a positive Reward:Risk ratio!
1 win pays for a loss and a half!
This is what's important about a positive Reward:Risk ratio!
1 win pays for a loss and a half!
GBP/AUD is moving perfectly!
I actually took a few positions. One full and 2 half.
I kept seeing new setups and confirmations to my original trade idea. So I wanted to take advantage of the setup.
I was fully active in managing the stops to mitigate risk of anything went the other direction!
I actually took a few positions. One full and 2 half.
I kept seeing new setups and confirmations to my original trade idea. So I wanted to take advantage of the setup.
I was fully active in managing the stops to mitigate risk of anything went the other direction!
December 27, 2024 at 12:19 PM
GBP/AUD is moving perfectly!
I actually took a few positions. One full and 2 half.
I kept seeing new setups and confirmations to my original trade idea. So I wanted to take advantage of the setup.
I was fully active in managing the stops to mitigate risk of anything went the other direction!
I actually took a few positions. One full and 2 half.
I kept seeing new setups and confirmations to my original trade idea. So I wanted to take advantage of the setup.
I was fully active in managing the stops to mitigate risk of anything went the other direction!
Added to GBP/AUD. The setup looks really good, could be a mistake, but I added less than half a position size on it because it looks great!
I fully accept that it could shoot straight down and take me out. No one can see the future.
Sometimes to make money, we have to take a calculated risk!
I fully accept that it could shoot straight down and take me out. No one can see the future.
Sometimes to make money, we have to take a calculated risk!
December 26, 2024 at 3:32 AM
Added to GBP/AUD. The setup looks really good, could be a mistake, but I added less than half a position size on it because it looks great!
I fully accept that it could shoot straight down and take me out. No one can see the future.
Sometimes to make money, we have to take a calculated risk!
I fully accept that it could shoot straight down and take me out. No one can see the future.
Sometimes to make money, we have to take a calculated risk!
GBP/AUD Long looking good
If it breaks the highs, then the likelyhood of it hitting to or trailing stop is very high!
I don't often take trades on such a low time frame, but it looked like a good setup and frankly, I wanted something to keep my attention over the Christmas week 🤣
#ZenForex
If it breaks the highs, then the likelyhood of it hitting to or trailing stop is very high!
I don't often take trades on such a low time frame, but it looked like a good setup and frankly, I wanted something to keep my attention over the Christmas week 🤣
#ZenForex
December 23, 2024 at 3:15 PM
GBP/AUD Long looking good
If it breaks the highs, then the likelyhood of it hitting to or trailing stop is very high!
I don't often take trades on such a low time frame, but it looked like a good setup and frankly, I wanted something to keep my attention over the Christmas week 🤣
#ZenForex
If it breaks the highs, then the likelyhood of it hitting to or trailing stop is very high!
I don't often take trades on such a low time frame, but it looked like a good setup and frankly, I wanted something to keep my attention over the Christmas week 🤣
#ZenForex
Gold still looking ok from the other night. Setup is still there. Just have to let it play out. Hopefully there will be some positive movement over night
December 23, 2024 at 1:08 AM
Gold still looking ok from the other night. Setup is still there. Just have to let it play out. Hopefully there will be some positive movement over night
Went from the longest TF trade to a much shorter one.
This is more of a scalp on GBP/AUD long. It's a limit order and may not even play out, but it will be interesting doing some like this over night.
This is more of a scalp on GBP/AUD long. It's a limit order and may not even play out, but it will be interesting doing some like this over night.
December 23, 2024 at 1:05 AM
Went from the longest TF trade to a much shorter one.
This is more of a scalp on GBP/AUD long. It's a limit order and may not even play out, but it will be interesting doing some like this over night.
This is more of a scalp on GBP/AUD long. It's a limit order and may not even play out, but it will be interesting doing some like this over night.
Just put in a weekly trade long on EUR/GBP.
Essentially on such a long time frame, I'm investing at this point 😂
This trade will likely take months and months to play out.
But the setup is there so let's see what happens lol
Essentially on such a long time frame, I'm investing at this point 😂
This trade will likely take months and months to play out.
But the setup is there so let's see what happens lol
December 23, 2024 at 1:01 AM
Just put in a weekly trade long on EUR/GBP.
Essentially on such a long time frame, I'm investing at this point 😂
This trade will likely take months and months to play out.
But the setup is there so let's see what happens lol
Essentially on such a long time frame, I'm investing at this point 😂
This trade will likely take months and months to play out.
But the setup is there so let's see what happens lol
POTENTIAL LONG:
AUD/JPY
Had a chart marked up for a long trade and price actually dipped to where I wanted to see it, but I didn't check it on Friday. It's starting to play out, but sometimes these trades will come back for a final tap before blasting off.
AUD/JPY
Had a chart marked up for a long trade and price actually dipped to where I wanted to see it, but I didn't check it on Friday. It's starting to play out, but sometimes these trades will come back for a final tap before blasting off.
December 23, 2024 at 12:48 AM
POTENTIAL LONG:
AUD/JPY
Had a chart marked up for a long trade and price actually dipped to where I wanted to see it, but I didn't check it on Friday. It's starting to play out, but sometimes these trades will come back for a final tap before blasting off.
AUD/JPY
Had a chart marked up for a long trade and price actually dipped to where I wanted to see it, but I didn't check it on Friday. It's starting to play out, but sometimes these trades will come back for a final tap before blasting off.
It's looking like #XRP will be another full stop out for me.
That's ok, it's a truth about trading. You will lose. That's something every trader has to accept.
In this case, I was excited by what had been going on with crypto and got over eager. Lesson learned.
I tricked myself 😂
Moving on...
That's ok, it's a truth about trading. You will lose. That's something every trader has to accept.
In this case, I was excited by what had been going on with crypto and got over eager. Lesson learned.
I tricked myself 😂
Moving on...
December 20, 2024 at 9:15 AM
It's looking like #XRP will be another full stop out for me.
That's ok, it's a truth about trading. You will lose. That's something every trader has to accept.
In this case, I was excited by what had been going on with crypto and got over eager. Lesson learned.
I tricked myself 😂
Moving on...
That's ok, it's a truth about trading. You will lose. That's something every trader has to accept.
In this case, I was excited by what had been going on with crypto and got over eager. Lesson learned.
I tricked myself 😂
Moving on...
Also still in EUR/JPY which is going nicely.
It's a 4 hour setup, so there is still plenty of time to play out, but it's looking great
My take profits is always on a positive R/R.
If I win one, it pays for at least 1.5x or more!
This is the key. Win more on your winners!
#ZenForex #Trading
It's a 4 hour setup, so there is still plenty of time to play out, but it's looking great
My take profits is always on a positive R/R.
If I win one, it pays for at least 1.5x or more!
This is the key. Win more on your winners!
#ZenForex #Trading
December 19, 2024 at 11:00 AM
Although I got stopped out on Sol, I'm still in #XRP.
I showed where I would be getting in and my price was reached. After the initial drop last night, it's now going into profit.
If this stops out I'll just hault on crypto until I see a better picture of what's happening.
#ZenForex #Crypto
I showed where I would be getting in and my price was reached. After the initial drop last night, it's now going into profit.
If this stops out I'll just hault on crypto until I see a better picture of what's happening.
#ZenForex #Crypto
December 19, 2024 at 10:56 AM
Took a full stop out on #SOL last night.
The crypto market dropped as a whole(which I believe is just temporary)
But this is strike 2 with #Solana.
That's ok, though. This is the nature of trading.
Losses are normal! You have to risk it, to get a piece of the pie when it runs up!
#ZenForex
The crypto market dropped as a whole(which I believe is just temporary)
But this is strike 2 with #Solana.
That's ok, though. This is the nature of trading.
Losses are normal! You have to risk it, to get a piece of the pie when it runs up!
#ZenForex
December 19, 2024 at 10:53 AM
Going for another bounce up on #XRP If it can get down to 2.38
My setup has occurred on this asset and I intend to try to ride the trend up.
Let's goo
My setup has occurred on this asset and I intend to try to ride the trend up.
Let's goo
December 18, 2024 at 5:27 AM
Going for another bounce up on #XRP If it can get down to 2.38
My setup has occurred on this asset and I intend to try to ride the trend up.
Let's goo
My setup has occurred on this asset and I intend to try to ride the trend up.
Let's goo
NEW POSITION: #GOLD LONG
I sent out analysis the other night and it has reached my entry point. #XAU/USD trade long is now active.
Gold is typically a pretty good pair for me.
But it's all about stats.
My WR is about 65% during backtesting
Let's see what happens 😁
#ZenForex #Forex #Trading
I sent out analysis the other night and it has reached my entry point. #XAU/USD trade long is now active.
Gold is typically a pretty good pair for me.
But it's all about stats.
My WR is about 65% during backtesting
Let's see what happens 😁
#ZenForex #Forex #Trading
December 17, 2024 at 2:54 PM
Looking for gold to continue a little lower and then I'll be taking a long.
Perfect setup if it comes down to it.
Consolidation after uptrend. Break of a high in the up trend, then ideally break the low of the consolidation for the entry.
Let's hit it!
#Gold #ZenForex #Forex #Trading
Perfect setup if it comes down to it.
Consolidation after uptrend. Break of a high in the up trend, then ideally break the low of the consolidation for the entry.
Let's hit it!
#Gold #ZenForex #Forex #Trading
December 16, 2024 at 3:40 AM