Dislikedshort trade taken today, close of hammer, coincides with retrace and bounce off 50 areaIgnored
I see we were thinking a like.
Kurt
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DislikedHi guys,
My trading is off after the closing of London session, took 7 (4+, 3-) trades in EU & GU, overall -10p. Ohs............
One big loss in EU (-27p) right after the 1,2,3 wave, should stick to Sho's teaching though!! Actually in anyway no long entry should be enter by this point. (reviewed that the only pt supported my entry is right above the daily pivot (red line). 1 more lesson to me, better post here to remind myself.http://cdn.forexfactory.com/images/icons/icon8.gif
Hope you all done well.
Cheers.
CityIgnored
DislikedHey, nice explanation Kurt. I think you have this method down. I like that, nice and simple, following the plan and nice clean charts. keep up the good work.Ignored
DislikedThanks Rtiger29,
I am trying to help the new guys. It took lme ooking at the charts over and over until it sunk in. Post any trades you have as well so everyone can benefit. Glad to see someone here from the states. Most of the other guys are at it long before I get out of bed. I only get a few opps in the morning to fire off some trades. Hopefully one day I will be able to deligate my day job to someone so I can trade full time
KurtIgnored
DislikedYeah, i notice you put in some trades before work and during your lunch. If you keep trading they way you are now, its just a matter of time before you will be able to do this full time. I still have a ways to go, but thats the goal, although i have a bit more time to stare at the screens compared to you at this time. I guess ill take advantage by practicing .Ignored
DislikedHey Dave,
My trade reasons for the first two of Three trades are on the attached chart.
I love you posts and comments keep them comming so we can help out all the new guys.
KurtIgnored