This is not a place where I will be making predictions or doing market analysis. I am not good at it, but thankfully to succeed in the markets one does not have to be.
Most of my trades are taken off a 3 minute chart. Therefore they will not be logged in real-time.
I am still working out the "kinks" on how this log will go, so this first post may not represent how things move forward.
2/11/13
P/L = $310.50
Three trades taken. Trading Station snapshot reflects all trades. Disclaimer: because I am just starting this out, I have taken these trades in DEMO. Going forward unless otherwise stated, all trades will be LIVE.
Thoughts:
Missed the first Fakey signal shown. When there is a WRB Hidden Gap that is not yet confirmed as a Key change in the Supply/Demand Dynamic, a trade signal that appears prior to a close of the hidden gap is valid. Pay more attention to the appearance of "inside bars".
Took the Fakey 2B as trading plan dictates. The last two intervals look like a FVB signal which gives even more confidence.
Most of my trades are taken off a 3 minute chart. Therefore they will not be logged in real-time.
I am still working out the "kinks" on how this log will go, so this first post may not represent how things move forward.
2/11/13
P/L = $310.50
Three trades taken. Trading Station snapshot reflects all trades. Disclaimer: because I am just starting this out, I have taken these trades in DEMO. Going forward unless otherwise stated, all trades will be LIVE.
Thoughts:
Missed the first Fakey signal shown. When there is a WRB Hidden Gap that is not yet confirmed as a Key change in the Supply/Demand Dynamic, a trade signal that appears prior to a close of the hidden gap is valid. Pay more attention to the appearance of "inside bars".
Took the Fakey 2B as trading plan dictates. The last two intervals look like a FVB signal which gives even more confidence.
Wyckoff VSA: (1) Supply & Demand (2) Effort vs. Result (3) Cause & Effect