Attachments: Plan the Trade

Plan the Trade

#12,001
May 3, 2019 2:07pm May 3, 2019 2:07pm

OliverG
| Joined May 2015 | Status: Trader | 71 Posts

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#12,002
May 3, 2019 2:16pm May 3, 2019 2:16pm

OliverG
| Joined May 2015 | Status: Trader | 71 Posts

Quoting erasmus66

Disliked

{quote} try this money mangement jf: +1@+6, +10@+12, target +12, sl 11

Ignored

going to try that as well until market opens up again, thanks

#12,003
May 6, 2019 7:24am May 6, 2019 7:24am

straitshaur
| Joined Mar 2019 | Status: Trader | 9 Posts

Loads of movement in the Asian and Euro sessions today. Waiting to see how U.S. reacts.

#12,004
May 6, 2019 8:51am May 6, 2019 8:51am

Divergence
Joined Jul 2010 | Status: Trader | 9,189 Posts

demand 2125 +12

#12,005
May 6, 2019 8:52am May 6, 2019 8:52am

Divergence
Joined Jul 2010 | Status: Trader | 9,189 Posts

+1 on pullback to 3275

#12,006
May 6, 2019 8:54am May 6, 2019 8:54am

Divergence
Joined Jul 2010 | Status: Trader | 9,189 Posts

ym 123 at 28 +12 and done for day have a good one

#12,007
May 6, 2019 8:56am May 6, 2019 8:56am

Divergence
Joined Jul 2010 | Status: Trader | 9,189 Posts

the nq just had a 2b connect that also just one nice PA today

#12,008
May 6, 2019 8:57am May 6, 2019 8:57am

Divergence
Joined Jul 2010 | Status: Trader | 9,189 Posts

there's a pullback on nq at 3350

#12,009
May 6, 2019 9:45am May 6, 2019 9:45am

J-f
| Joined Aug 2014 | Status: Trader | 108 Posts

4 trades today, on what “could have been” a pretty nice trading session again:
-10 +12 +1 +1

After last week discussions, and after reviewing all my trades from the beginning, trade management is very slightly modified from Divergence and Erasmus:
SL: 10T (instead of 11T); TP: 12T
+1 at +6
+10 at +12

T1: I realized (but after the fact, which is always easy!) that I entered too early. It went to +4T before taking me out at SL. I feel (after the fact!) that this loss could have been avoided.
T2: 2b that worked very well, going straight to TP
T3: it went straight to +11T before taking me out at +1 as per trade management
T4: believe it or not, it went straight away to... +11T again!!! Before taking me out at +1T as per trade management.

Once more part of trading learning curve seems to be “so close and yet so far...”
But that’s a big part of what separate the men from the boys in that business I guess.

Have a good day guys.
Cheers,
J-F

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#12,010
May 6, 2019 9:52am May 6, 2019 9:52am

Divergence
Joined Jul 2010 | Status: Trader | 9,189 Posts

Quoting J-f

Disliked

4 trades today, on what “could have been” a pretty nice trading session again: -10 +12 +1 +1 After last week discussions, and after reviewing all my trades from the beginning, trade management is very slightly modified from Divergence and Erasmus: SL: 10T (instead of 11T); TP: 12T +1 at +6 +10 at +12 T1: I realized (but after the fact, which is always easy!) that I entered too early. It went to +4T before taking me out at SL. I feel (after the fact!) that this loss could have been avoided. T2: 2b that worked very well, going straight to TP T3: it...

Ignored

heres what i saw

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#12,011
May 6, 2019 9:57am May 6, 2019 9:57am

bapakjason
| Joined Apr 2014 | Status: Trader | 1,900 Posts

I had a SL on nq and a 8tick win on ES. Get to close the day in profit. : )

#12,012
May 6, 2019 9:58am May 6, 2019 9:58am

J-f
| Joined Aug 2014 | Status: Trader | 108 Posts

Quoting Divergence

Disliked

{quote} heres what i saw {image}

Ignored

Thanks a lot for your time, and the explanations on the chart Divergence, it is always very helpful.

Cheers,
J-F

#12,013
May 6, 2019 10:04am May 6, 2019 10:04am

Divergence
Joined Jul 2010 | Status: Trader | 9,189 Posts

dont forget the supply demand areas they work also

#12,014
May 6, 2019 11:49am May 6, 2019 11:49am

onejester
| Joined Nov 2016 | Status: Trader | 1,096 Posts

Traded the Asian as it was holiday in UK today. Was out for the first part of US, but managed to get some this afternoon, really is a patience game. I'm fortunate that I have to sit in front of the computer most days anyway. For those in Europe and UK if you can, I heartily recommend a 20 minute nap before the US session. Amazing how it changes the attitude.

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