Patience: I'm not trying to judge your style, I am just saying that you might have been "scared" out of a good position based on "the average price over the last twenty bars", a meaningless arbitrary number, instead of exiting because of price structure or price action at the time. No structure was broken, in fact this last up bar had to occur(which is now going down) to confirm my entry above(I call it a check bar), which it looks like its doing now. Use the MA, but look for other confirmations, or indicators along with it, and your account grows!!
- Post #428,361
- Quote
- Apr 14, 2016 11:32am Apr 14, 2016 11:32am
- Joined Feb 2011 | Status: Member | 1,405 Posts
- Post #428,362
- Quote
- Apr 14, 2016 11:35am Apr 14, 2016 11:35am
"Trading is a mental sport." - Ziad Masri
- Post #428,363
- Quote
- Apr 14, 2016 11:37am Apr 14, 2016 11:37am
- Joined Feb 2011 | Status: Member | 1,405 Posts
- Post #428,364
- Quote
- Apr 14, 2016 11:42am Apr 14, 2016 11:42am
- Joined Feb 2014 | Status: trading bank levels | 8,143 Posts
- Post #428,365
- Quote
- Apr 14, 2016 11:46am Apr 14, 2016 11:46am
- Joined Feb 2014 | Status: trading bank levels | 8,143 Posts
- Post #428,366
- Quote
- Apr 14, 2016 11:48am Apr 14, 2016 11:48am
- Joined Feb 2014 | Status: trading bank levels | 8,143 Posts
- Post #428,367
- Quote
- Apr 14, 2016 11:51am Apr 14, 2016 11:51am
- Joined Feb 2011 | Status: Member | 1,405 Posts
- Post #428,368
- Quote
- Apr 14, 2016 11:52am Apr 14, 2016 11:52am
- Joined Jun 2013 | Status: enjoying life | 17,207 Posts
timepass is tough for a permanently bedridden person
- Post #428,369
- Quote
- Apr 14, 2016 11:54am Apr 14, 2016 11:54am
- Joined Feb 2011 | Status: Member | 1,405 Posts
- Post #428,370
- Quote
- Apr 14, 2016 12:02pm Apr 14, 2016 12:02pm
- Joined Jun 2013 | Status: enjoying life | 17,207 Posts
timepass is tough for a permanently bedridden person
- Post #428,371
- Quote
- Apr 14, 2016 12:03pm Apr 14, 2016 12:03pm
- Joined Feb 2014 | Status: trading bank levels | 8,143 Posts
- Post #428,372
- Quote
- Apr 14, 2016 12:07pm Apr 14, 2016 12:07pm
- Joined Feb 2011 | Status: Member | 1,405 Posts
- Post #428,373
- Quote
- Apr 14, 2016 12:09pm Apr 14, 2016 12:09pm
- Joined Jun 2013 | Status: enjoying life | 17,207 Posts
timepass is tough for a permanently bedridden person
- Post #428,375
- Quote
- Apr 14, 2016 12:23pm Apr 14, 2016 12:23pm
- Joined Jun 2013 | Status: enjoying life | 17,207 Posts
timepass is tough for a permanently bedridden person
- Post #428,376
- Quote
- Apr 14, 2016 12:29pm Apr 14, 2016 12:29pm
- Joined Feb 2011 | Status: Member | 1,405 Posts
- Post #428,377
- Quote
- Apr 14, 2016 12:30pm Apr 14, 2016 12:30pm
- Joined Jun 2013 | Status: enjoying life | 17,207 Posts
timepass is tough for a permanently bedridden person
- Post #428,378
- Quote
- Apr 14, 2016 12:33pm Apr 14, 2016 12:33pm
- Joined Feb 2012 | Status: Member | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time
- Post #428,379
- Quote
- Apr 14, 2016 12:34pm Apr 14, 2016 12:34pm
- Joined Jun 2013 | Status: enjoying life | 17,207 Posts
timepass is tough for a permanently bedridden person
- Post #428,380
- Quote
- Apr 14, 2016 12:36pm Apr 14, 2016 12:36pm
- Joined Feb 2011 | Status: Member | 1,405 Posts