Plan the Trade | Page 615 | 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

  • #12,281
  • Jun 20, 2019 9:34am Jun 20, 2019 9:34am
a little better today, overall net plus 8. Got stopped out for minus 12 right off the bat but recovered on the way down. Lots of activity today, didm't want to
widen stops so just held my breath.
good luck
regards
goma
Attached Image (click to enlarge)
Click to Enlarge Name: NQ 09-19 (20 Second) 2019_06_20 (7_27_28 AM).png Size: 53 KB
  • #12,282
  • Jun 20, 2019 1:51pm Jun 20, 2019 1:51pm
today's trade.
Attached Image (click to enlarge)
Click to Enlarge Name: F.US.MNQU19 [CV] 20 Sec #2 2019-06-20 14_31_27.355.png Size: 30 KB
  • #12,283
  • Jun 20, 2019 1:53pm Jun 20, 2019 1:53pm
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot (466).png Size: 17 KB
  • #12,284
  • Jun 20, 2019 5:52pm Jun 20, 2019 5:52pm
Quoting OliverG
{image}
I looked at this one closely when it was occurring, also looking for a trade. I waited and ended up getting stopped on my first trade, coincidentally enough
right where the squiggly blue line I added to your graph. I would have been stopped anyways even if i had entered at that point as it ran another 16T (past my 12t stop). At any rate, I didn't enter this trade as I was waiting for confirmation who was in control, probably should of jumped on it some decent entries short.
Don't kow if this helps, it how I saw it t the time.
good luck,
regards
goma
Attached Image (click to enlarge)
Click to Enlarge Name: F.US.MNQU19 [CV] 20 Sec #2 2019-06-20 14_31_27.355.png Size: 31 KB
  • #12,285
  • Jun 21, 2019 9:10am Jun 21, 2019 9:10am
Jittery market this morning. Too many major events around the world has the markets skittish.

Just saw an instantaneous 4+ point move come through. Lots of wicks even down to the 20 second chart.

Oh well, not every day is a trading day for me. I will look at it again in an hour or so.

Best of luck to anyone trying to trade today.
  • #12,286
  • Jun 21, 2019 9:29am Jun 21, 2019 9:29am
A no fill and 3+1's is enough of a sign for me.

I've had an ok week and Mag is right. No point in giving back the hard earned for the sake of it.

Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2019-06-21 at 16.27.03.png Size: 29 KB
'in less than half an hour he made over 100 ticks'
  • #12,287
  • Jun 21, 2019 9:39am Jun 21, 2019 9:39am
Quoting magnumfreak
Jittery market this morning. Too many major events around the world has the markets skittish. Just saw an instantaneous 4+ point move come through. Lots of wicks even down to the 20 second chart. Oh well, not every day is a trading day for me. I will look at it again in an hour or so. Best of luck to anyone trying to trade today.
Amen.
good luck,
regards
goma
Attached Image (click to enlarge)
Click to Enlarge Name: NQ 09-19 (20 Second) 2019_06_21 (7_34_57 AM).png Size: 45 KB
  • #12,288
  • Jun 21, 2019 12:03pm Jun 21, 2019 12:03pm
Attached Image (click to enlarge)
Click to Enlarge Name: F.US.MNQU19 [CV] 20 Sec #2 2019-06-21 12_41_42.397.png Size: 40 KB
  • #12,289
  • Jun 23, 2019 11:30pm Jun 23, 2019 11:30pm
Quoting The Cableguy
Just a pointer about Divergences. Regular Divergence is always over-ruled by Hidden Divergence and is something that must be looked for. Sometimes (by going peak to peak), it takes 2/3 bouts of Reg Div before it leads to more significant trend change. The point where we get a fresh High/Low is where Hidden Div can no longer form. Here's an example; {image}
Hi the cableguy, thanks for sharing this great stuff.

I have a question on hidden divergence, a bit difficult to understand. In your example, why is it a hidden divergence? And if it wasn't hidden, how might the graph look like please?
  • #12,290
  • Jun 24, 2019 9:43am Jun 24, 2019 9:43am
An unsatisfactory +12. Missed a few, but 1 in particular where it reversed up ahead of my planned entry. Didn't want to leave the limit buy there for it to come back down, which you can see it did. Oh well no losses...

Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2019-06-24 at 16.40.04.png Size: 31 KB
'in less than half an hour he made over 100 ticks'
  • #12,291
  • Jun 24, 2019 9:54am Jun 24, 2019 9:54am
Quoting onejester
An unsatisfactory +12. Missed a few, but 1 in particular where it reversed up ahead of my planned entry. Didn't want to leave the limit buy there for it to come back down, which you can see it did. Oh well no losses... {image}
similar sentiments. Missed several but still a market hangover from friday's erratic behavior. Lost 7 on a stop hunt spike, recovered +12 on a
similar trade to yours.
Might be this way leading up to the G-20, every little tweet he does is magic?
god luck
regards
goma
Attached Image (click to enlarge)
Click to Enlarge Name: NQ 09-19 (20 Second) 2019_06_24 (7_41_25 AM).png Size: 39 KB
  • #12,292
  • Jun 24, 2019 10:11am Jun 24, 2019 10:11am
Quoting luckyvictor
{quote} Hi the cableguy, thanks for sharing this great stuff. I have a question on hidden divergence, a bit difficult to understand. In your example, why is it a hidden divergence? And if it wasn't hidden, how might the graph look like please?
Hey man

Not sure CG's health is good at the moment (I hope he proves me wrong by answering). Maybe this will help: https://www.babypips.com/learn/forex...ce-cheat-sheet

Imho, the best way to approach this is with minimum distraction is to avoid being distracted or biased by any indicators (took me a long time lol). If you watch divergences (harolds) video's, there isn't really anything else but bars and setups. It is just practice, and you will see (or not).

Good luck
'in less than half an hour he made over 100 ticks'
  • #12,293
  • Jun 24, 2019 1:31pm Jun 24, 2019 1:31pm
one trade today, breakeven
Attached Image (click to enlarge)
Click to Enlarge Name: F.US.MNQU19 [CV] 20 Sec #2 2019-06-24 14_25_09.575.png Size: 28 KB
  • #12,294
  • Jun 25, 2019 10:31am Jun 25, 2019 10:31am
+15 plague of the +1's today, way too many trades. I should have left it when + was at + 11. I would have normally stopped after the hour (and I will work on that ... ). The good thing is I know why those couple of stupid losses occurred, I was just trying to get ahead of myself. P a t i e n c e.


Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2019-06-25 at 17.28.14.png Size: 43 KB
'in less than half an hour he made over 100 ticks'
  • #12,295
  • Jun 25, 2019 11:19am Jun 25, 2019 11:19am
Quoting onejester
+15 plague of the +1's today, way too many trades. I should have left it when + was at + 11. I would have normally stopped after the hour (and I will work on that ... ). The good thing is I know why those couple of stupid losses occurred, I was just trying to get ahead of myself. P a t i e n c e. {image}
you took most of the trades I passed on. A couple too many distractions in life this morning, to fully concentrate for 1-2 hours without considerations or
hesitations. Took one trade at the end for plus 4 but cut it short too soon.
good luck,
regards
goma
Attached Image (click to enlarge)
Click to Enlarge Name: NQ 09-19 (20 Second) 2019_06_25 (7_35_21 AM).png Size: 41 KB
  • #12,296
  • Jun 25, 2019 11:48am Jun 25, 2019 11:48am
Quoting goma
{quote} you took most of the trades I passed on.
Found it difficult to have the confidence on taking those trades until recently. My own circumstances make me a little over cautious, but I'm ok with that. It is clear to me that this is achievable thanks to the examples Harold set out.

So this will be 6 days a row in profit, so I'm probably due a slap in the face. Which is fine, but that slap will be limited to -24 in a given day. I missed some corking trades over the past couple of days, I know if I can just keep picking away the successes can be built upon.
'in less than half an hour he made over 100 ticks'
  • #12,297
  • Jun 25, 2019 2:31pm Jun 25, 2019 2:31pm
two breakevens today for me
(good trading onejester.. six days profit in a row)
Attached Image (click to enlarge)
Click to Enlarge Name: F.US.MNQU19 [CV] 20 Sec #2 2019-06-25 15_22_21.299.png Size: 33 KB
  • #12,298
  • Jun 26, 2019 4:37am Jun 26, 2019 4:37am
News push pre-nyse session . . .
  • #12,299
  • Jun 26, 2019 9:25am Jun 26, 2019 9:25am
One and done this morning. Plus 12. After that never re-traced enough to catch other orders. Then hesitation around the 77 level as to buyers vs sellers in control. Thought it better to end it rather than guess.
good luck,
regards
goma
Attached Image (click to enlarge)
Click to Enlarge Name: NQ 09-19 (20 Second) 2019_06_26 (7_18_11 AM).png Size: 42 KB
  • #12,300
  • Jun 27, 2019 9:09am Jun 27, 2019 9:09am
I've got few last days guys. I had one last chance of proton beam radiotherapy. Something very accurate and safe, hitting just the tumor, but i already have a huge edema now, surrounding the tumor, but also full of cancer cells. It's pretty damn expensive privately anyway.

Headaches been difficult to fight.

I would really appreciate that you all keep this thread running and concentrate on the prior S&D levels, after a 123 and thrust. It was always the best way.

My writing is still good! It always was!

Best wishes.
GoFundMe -stage-4-glioma-brain-cancer-fighter (link in my profile)
6 traders viewing now