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Discovering An Edge

  • #1,321
  • Nov 28, 2017 4:39am Nov 28, 2017 4:39am
Quoting vlady1974
Wow lots happened that was just too fast to post. Firstly, I initially shorted 13021 then added 13011, 13006 But was stopped out at 13005 Entered again @ 13018, 13017, 13033, 13005 Some are underwater at the moment. Price has crept up again at 13050 abd 13060 (IGIndex prices) These are the Weekly Pivot areas. Volatility producing wicks on the 1H timeframe. 1M and 5M look like roller coasters so it's hard to gauge trend other than it's trapped between today's open, yesterday's open and Daily + Weekly pivot. A breakout will determine a short term...
Stopped out
A pip is only worth it if you know how much you risked to earn it
  • #1,322
  • Nov 28, 2017 4:50am Nov 28, 2017 4:50am
Sell order at 13070 and 13003
A pip is only worth it if you know how much you risked to earn it
  • #1,323
  • Nov 28, 2017 5:04am Nov 28, 2017 5:04am
Quoting vlady1974
Sell order at 13070 and 13003
I've cancelled the 13070 as it could go higher
A pip is only worth it if you know how much you risked to earn it
  • #1,324
  • Dec 1, 2017 5:01am Dec 1, 2017 5:01am
I haven't had much time to update the diary the last couple of days, busy with alot of offline stuff.
Thu wasn't particularly good as I kept losing what I was gaining.

However, today paid off. I had left some Short orders in play for DAX and they triggered.
So open Shorts:

@13002
@12903
@12884

It wasn't how I expected and I thought it would bounce higher up to pivot - and I was caught out. Never mind.
I believe this is now Wave 3..... First leg of Five down.
A pip is only worth it if you know how much you risked to earn it
  • #1,325
  • Dec 1, 2017 5:04am Dec 1, 2017 5:04am
I've also Longed Bitcoin @ 9951
A pip is only worth it if you know how much you risked to earn it
  • #1,326
  • Last Post: Dec 1, 2017 5:04am Dec 1, 2017 5:04am
Am thinking of shorting GBPUSD....
A pip is only worth it if you know how much you risked to earn it
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