My path to financial freedom 17 replies
Singapore trader's journal (the road to financial freedom) 8 replies
My Path To Financial Freedom 221 replies
Trade Your Way to Financial Freedom......... 10 replies
DislikedThat's a trade I wouldn't have taken. That PPZ isn't really a PPZ and there's a bit more to go to 50 or 61.8% fib. I would look for shorts at around 85 (but I'm not looking ). But I think nasir and LJ can have a say better than mine.
Edit: And as I can tell, you have your fib drawn uspide down. It should be something like in the pic below. Start from the latest swing high and then go to the latest swing low in this case.Ignored
DislikedThanks for help guys thats what i am looking for I closed position with bit profit and wait for new setupIgnored
DislikedThanks for help guys thats what i am looking for I closed position with bit profit and wait for new setupIgnored
DislikedLooking for help is great, but you shouldn't base your decisions on others. (as in exiting the oil short just now).
I'm not experienced in this kind of trading, so you shouldn't take my calls. I'm just saying my point of view, but if you did your homework (right (as in correct)) then you should trust your decision.
As you can see, LJ saw an entry at 84.30, coinciding to the pip (almost) to where this local high is right now. I can't really see why, but he's better at spotting confluence area than I am.Ignored
DislikedArrows mark where this area has been has acted as support previously.
Entered 0.5% short @84.20 and 0.5% @ 83.94 SL @ 84.50Ignored
DislikedHaha.
U are never too late for a trade, there is always an another chance. But you could be too much early in a trade and that's the start of the capital destruction.
anyways just went short GJ.
.Ignored
DislikedAnd another thing. If you are new to this game you should really try and stick for a few months to J16 rules. Learning to be patient will definitely improve your odds of making it in the long term.
Enough talking, it's LJ's journal.Ignored
Dislikedforgive my ignorance, I know i should know this, but what exactly does the acronym PPZ stand for? ive searched the site and google and wikipedia and the suspense is killing me. I used to think it was refering to pivot points until I was informed that lovejoy80 does not use pivots.
pretty sure one of the P's is price and the Z is for zone. previous price zone? price protection zone?Ignored
Dislikedforgive my ignorance, I know i should know this, but what exactly does the acronym PPZ stand for? ive searched the site and google and wikipedia and the suspense is killing me. I used to think it was refering to pivot points until I was informed that lovejoy80 does not use pivots.
pretty sure one of the P's is price and the Z is for zone. previous price zone? price protection zone?Ignored
Dislikedcouple good posts.
Don't mind me when posting...even though the title is my journal...I don't mind people posting, in fact I encourage it...if it turns into a thread with people that like to trade in the same way that I do then all the better.
Trading can be a lonely business and I like interaction with like minded people...and FF is a great place to learn form others, help others and share experiences.
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DislikedPrice Pivot Zone...it is a term used in J16 thread...meaning a zone which has acted as both support and resistance in the pastIgnored
DislikedVery true.
Nice one on GJ...
1HR BEOB's forming on AU, Gold and the GJ looks like forming a DBHLCIgnored