Onyx Trade House

// USDJPY 24%
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Image 1: Intraday Analysis
Image 2: Intraday POI
Image 3: LTF POI Tap.
Image 4: LTF Analysis
Image 5: Entry
Image 6: Result
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This USDJPY long shows how important it is to weigh up both potential directions of price at any given point. In this case despite having intraday structure and orderflow directing us to the downside; swing structure was still to the upside and after having tapped a HTF turbulent point. We had to weigh up the possibility of an upside move and not stick to a single bias.
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I took a long and short position within the range to ensure I capitalised regardless of the direction the market went in. This was mainly because we didn’t have timeframe confluence to stick to a single bias (intraday still bearish).
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Lots to unpick from this position, managed to execute for 24%.

// USDJPY 110%
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Image 1: Intraday Interp.
Image 2: Intraday POI Tap
Image 3: Intraday Dev.
Image 4: LTF Analysis
Image 5: Entry
Image 6: Result
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Kicking off our USDJPY segment with one of the best, if not the best trade I have ever taken. Many of you know I usually take intraday positions and get in and out the market within the day so to swing a position for 110% was unusual to say the least.
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The position was backed with higher timeframe structure (not shown in the chart ups) so I went down to the intraday timeframe to find my POI and wait for a LTF reaction / confirmation. Textbook stuff.
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The main reason I held the position was the high upside momentum we had combined with structure maintaining. Further confluence was found in fundamentals as we were having rate hikes come in from USD and a weak Yen from the BoJ.
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All in all, it was a solid position, one of my highest r:r’s yet.

// AUDUSD 12%
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Image 1: HTF Interp.
Image 2: Intraday Analysis
Image 3: Trading Range
Image 4: POI Tap / LTF Analysis
Image 5: Entry
Image 6: Result
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This position showcases the importance of following your OWN bias of price’s potential direction. It’s all about your interpretation and drawing support from your concepts / confluences to find confidence in your bias. This was a time where a lot of people (even those trading this way) we’re long on AU. Despite the HTF trend still being bullish, we used the deep pullback concept followed by the shift in momentum to build our short position. We did play it considerably conservative and allowed some level of downside structure to form prior to looking for the short position.
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Ended up taking the short when the range formed as we believed there wasn’t going to be a typical pullback into premium and this boded well as we managed to execute a 1:12 short. Closed the position sooner than I would have liked to as it was a Friday and I don’t usually like to hold trades over the weekend if it isn’t a considerable distance away from my entry.
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Lots to dissect in this position…

// AUDUSD 10%
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Simple intraday position deriving off of HTF/Intraday structure. Main idea behind the set up was trying to catch the bearish continuatuion, with clear signs of orderflow this proved to be an easy task. One thing that this position showed clearly, is fact that it is okay to catch short-term positions. Not everytrade has to be a 1:30+. You can rack up profits very easily with a solid understanding of what you’re looking at and capitalising accordingly.
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This position was a clean 1:10 with textbook supply capitalised on.

// AUDUSD 10%
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Simple intraday position deriving off of HTF/Intraday structure. Main idea behind the set up was trying to catch the bearish continuatuion, with clear signs of orderflow this proved to be an easy task. One thing that this position showed clearly, is fact that it is okay to catch short-term positions. Not everytrade has to be a 1:30+. You can rack up profits very easily with a solid understanding of what you’re looking at and capitalising accordingly.
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This position was a clean 1:10 with textbook supply capitalised on.

// OTH 2
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Hi everyone,
For the past couple of months, we have been reinventing our program, the main reason was to update the existing course with the updated knowledge we have accumulated since we first launched our program. Today we are proud to release OTH 2, after assessing members' progress for months we have developed a program we believe is the most efficient way to progress as a trader.
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We’ve gone the extra mile and redesigned the entire site for a more seamless experience as well.
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We are releasing the program on the 1st of June with more updates and content on the way!

EURUSD 12%
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Image 1: Intraday POI
Image 2: POI Tap
Image 3: Price Action
Image 4: LTF POI
Image 5: Entry
Image 6: Result 
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Always follow the trend. Simple intraday continuation to the downside from EU. POI tapped in a discounted range during London Session and continued its downside move, essentially a reaction we had anticipated. With a pullback inevitable, we shifted onto the LTFs with another discounted POI within the trading range. Full position closed at 12%.
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AUDUSD 8%
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Image 1: Intraday Analysis
Image 2: LTF POI Tap
Image 4: Entry
Image 5: Result
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Simple intraday long position on AU, following the simple formula of a POI tap, reaction and ex*****on. Key confluence for executing the position was the deep pullback we made after taking out liq. which was an indiactor of supply side weakness. All in all took profit for the position at the range’s sell side POI for a modest 8%. Every trade doesn’t need to be a 1:100 swing, so long as you understand what you’re looking at you can execute profitable positions consistently.

// Independence
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Not so much a psychology post but just wanted to touch on how important it is to do independent work and go the extra mile. This is not the field where you can get by doing the bare minimum because your efforts will be reflected in your chart work and progress. We can do all the 1-1's, group zooms, position breakdowns, tuition contents, reports etc... but unless you start to piece this all together to be able to construct your own interpretation on your own charts, you won't become independent and self sufficient.

I personally believe a major part that plays in all this is constantly asking yourself 'why?', why did that move occur? why did that trend shift? and the more you go down the rabbit hole of constantly asking yourself 'why' the more you will understand and piece together.

// AUDUSD 13%
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Image 1: HTF POV
Image 2: Intraday Analysis
Image 3: LTF POI
Image 4: Entry + Result
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Textbook continuation trade, waiting for price to meet my criteria and present an opportunity that exhibits favourable confluences. It can sometimes be difficult to produce results from harsh market conditions and that’s why sticking to your criteria will be beneficial. It not only allows you to sail unfavourable conditions but also preserve capital and winrate which are both key factors in sustainable growth.

// AUDUSD 9.6%
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Image 1: HTF POV
Image 2: LTF Analysis
Image 3: Entry
Image 4: Result
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We don’t usually post counter-trend positions which is due to the fact that we usually look for continuation positions. This trade here was an intraday play based on the assumption that we had some more retracing to do.
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Despite the multiple downside breaks, our Point of Bias Invalidation held which meant that longs we’re still valid. Taking the trade off of our Last Point of Call allowed us to to trade the sprint on sprint and capitalise effectively.
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Ended up closing for 9.6%, respecting our take profit rules based on the timeframe we analyse on.
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// Journalling Tip
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When journalling, try and write down what you learnt from that day the following day. Usually when people journal they don't revisit their journals and just have a stack of entries that they don't go over.
But writing it the next day forces you to remember where you went wrong and where mistakes were made to and just helps refrain from repeating them.
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