Nice trading Jp1I'm short from test of Asia open, let's see what we've got here...
trying a long again at todays open...seems to be some resistance there.....tight s/l OF COURSE!
{quote} Possible for ,,just need a little bit more here to get above todays open {image}
Gah, futures biting me in the ass again... our open must be a little lower, we've been hovering on it the last hour. Digs, I've been paying a lot more attention to the H6 chart, and you're right, there's a lot of useful information on that critter. H4 is showing railroad tracks right now, H6 is showing a tail that needs to be filled... or is that just me being optimistic on my short
{quote} Darn it - smashed roght through the open....stopped out
{quote} When you trying to get in ,,in an area like this ,, like a long for example ,,, draw a line or if using a m5 chart ,, buy on spikes down or use an order to get in ,, I know with just the phone you will be flipping from time frame to time farme a lot ,, but it eliminates buying the spike highs ,,if your buying,,,,, buy the spike lows ,,then a tighter stp can be used or a tight stp wont get wiped {image}
{quote} Thanks mate.....i didnt actually buy too high off the open.....i waited for it to test again and as it went up (and didnt follow through down), i entered.....placed my stop 2 pips below open.....i know thats too small a stop, but just keeping it tight today to elimante losses while trying to build the open trades back up!
{quote} Look at tails on m30 and keep stp just below them in areas like this ,, not so much for the couple extra pips ya make whn it takes off but just for the stp placement,,its a bitch getting wiped by one or 2 pips when your right
{quote} cheers.....and darn it....was right too.....off she went.....and broke the next support line!
{quote} Ive spent a lot of time watching tht happen too lol,,been there done tht ,,watch something go 200 pips over the next day or so and not in because of shit like tht ,, miss the best part of the move get my ass kicked chasing it then
{quote} Ive spent a lot of time watching tht happen too lol,,been there done tht ,,watch something go 200 pips over the next day or so and not in because of shit like tht ,, miss the best part of the move get my ass kicked chasing it then
{quote} on the plus side.....every point up is another £1.50 clawed back to my cause!
{quote} its a shame i have lost all my faith when placing / keeping trades since im in this big drawdown.......my big lot buy from this morning (which i closed), would have wiped out my whole drawdown and some by now! C'est la vie!
