Plan the Trade | Page 373 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Plan the Trade / Trade the plan 74 replies

Plan the Trade and Trade the Plan: Swing Trading the Euro 5 replies

My backtest - optimisation - trade plan 0 replies

A realistic trade plan 6 replies

my trade plan for next week 47 replies

Attachments: Plan the Trade
Exit Attachments

Plan the Trade

  • #7,441
  • Sep 5, 2018 7:59pm Sep 5, 2018 7:59pm
Quoting Divergence
boy i am glad i dont trade wednesday i saw 1 setup may or may not have been filled
Inventory is on Thursday this week
  • #7,442
  • Sep 5, 2018 8:01pm Sep 5, 2018 8:01pm
It's at 11 so no problem
  • #7,443
  • Sep 6, 2018 9:06am Sep 6, 2018 9:06am
One -13 and two +1s so far ...
Never give up !!!
  • #7,444
  • Sep 6, 2018 9:13am Sep 6, 2018 9:13am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 94 KB
Become the casino
  • #7,445
  • Sep 6, 2018 9:15am Sep 6, 2018 9:15am
Its hoppin' around today. : )
  • #7,446
  • Sep 6, 2018 9:22am Sep 6, 2018 9:22am
63.75 ??
  • #7,447
  • Sep 6, 2018 9:35am Sep 6, 2018 9:35am
Quoting bapakjason
63.75 ??
Was a good call but I was a bit wary of it ....
Never give up !!!
  • #7,448
  • Sep 6, 2018 9:39am Sep 6, 2018 9:39am
should have got this but missed them both:

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 106 KB
Become the casino
  • #7,449
  • Sep 6, 2018 9:40am Sep 6, 2018 9:40am
i traded quite poorly today had 3 losses but ended up with 10 ticks i also recorded it
  • #7,450
  • Sep 6, 2018 9:44am Sep 6, 2018 9:44am
finally:

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 91 KB
Become the casino
  • #7,451
  • Sep 6, 2018 9:45am Sep 6, 2018 9:45am
Quoting Divergence
i traded quite poorly today had 3 losses but ended up with 10 ticks i also recorded it
unusual for you Harold .. look forward to vid
Become the casino
  • #7,452
  • Sep 6, 2018 9:55am Sep 6, 2018 9:55am
Quoting theunis
{quote} Was a good call but I was a bit wary of it ....
It did come down a bit fast, bit then again it felt like the whole session was moving quick . . .
  • #7,453
  • Sep 6, 2018 9:55am Sep 6, 2018 9:55am
Quoting erasmus66
finally: {image}
Good one ... I hesitated and then missed it ...
Never give up !!!
  • #7,454
  • Sep 6, 2018 10:05am Sep 6, 2018 10:05am
Here is one for CG
Attached Image (click to enlarge)
Click to Enlarge Name: image.png Size: 83 KB
  • #7,455
  • Sep 6, 2018 10:13am Sep 6, 2018 10:13am
Ended at -14 ... just missed a few good ones ... the art of the entry still eludes me ... continue in sim mode ...
Attached Image (click to enlarge)
Click to Enlarge Name: NQU8 30 Sec #3 2018-09-06 11_06_51.069.png Size: 43 KB
Never give up !!!
  • #7,456
  • Sep 6, 2018 10:14am Sep 6, 2018 10:14am
here is my crappy trading day
Inserted Video
  • #7,457
  • Sep 6, 2018 1:01pm Sep 6, 2018 1:01pm
Attached Image (click to enlarge)
Click to Enlarge Name: Q06-09-18.png Size: 142 KB


Attached Image (click to enlarge)
Click to Enlarge Name: Q06-09-18a.png Size: 148 KB


Attached Image (click to enlarge)
Click to Enlarge Name: Q06-09-18b.png Size: 145 KB


The 'Tapped No Fill' could have seen a +10/12(ish). Upon the following retest i hoped it was the leg 3 of a 123, but it broke through.. hey ho, it's only -3 and that is my entire point about these kind of trades - tight stops
GoFundMe -stage-4-glioma-brain-cancer-fighter (link in my profile)
  • #7,458
  • Sep 6, 2018 3:42pm Sep 6, 2018 3:42pm
i feel my stops would naturally be too wide for this at the moment, i like it tight on FX but looks like they need to be tighter on this...

easy for me to post this pic as its after the fact but here are the trades i would have taken today (or would have liked to think i would have taken)
its a 1m chart, the grey line is entry and the red line is the SL.

1) no entry as high wasn't breached.
2) decent move up, slight retrace: entry at 7513.50, SL 7508.25
3) S turn R, - i dont think i would have taken this at the support line, rather the break of the low of the green candle
4) made a new low and candle closed too close to the wick of the new low to reverse (not always the case)
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 30 KB
  • #7,459
  • Sep 7, 2018 2:46am Sep 7, 2018 2:46am
Quoting Divergence
here is my crappy trading day https://youtu.be/fsSRWTOQeYI
Wow ... thanks for that one ... you are a picture of consistency, Mr D ... even when you hit a loss, you just take the next good setup, period ... that is one of the things that throws me when on live mode (not so much in sim mode) ... I tend to hesitate after a loss and then miss a good setup and get eager and then take a less than good setup, which of course has a higher tendency to stop out again and then the cycle repeats ... I stop at 3 losses in a row because I can see that the cycle can easily wipe one's account ... I suppose just practice can get that out of one's system ...
Never give up !!!
  • #7,460
  • Sep 7, 2018 2:54am Sep 7, 2018 2:54am
Quoting The Cableguy
{image} {image} {image} The 'Tapped No Fill' could have seen a +10/12(ish). Upon the following retest i hoped it was the leg 3 of a 123, but it broke through.. hey ho, it's only -3 and that is my entire point about these kind of trades - tight stops
With such tight stops it will be easy to start testing your skills in live mode with 1 contract ... the emotions will add a new dimension that also needs to be practiced ... one of these days I will start to get out those three in a row loss cycle of mine in live mode, even just one win after a 2nd loss in a row will change the picture drastically ... one of these days I tell you ...
Never give up !!!
17 traders viewing now