Intraday price action trend trading | Page 57 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

MultiTimeFrame Trend Trading with Price Action 242 replies

Any Recommendations on Learning Intraday Price Action Trading 5 replies

Price Pattern Notifications/Trend Alert Price Action Scanner 7 replies

Trend following intraday breakout - my trading journal 11 replies

intraday trend trading with price action 2,063 replies

Attachments: Intraday price action trend trading
Exit Attachments

Intraday price action trend trading

  • #1,121
  • Mar 29, 2010 12:08pm Mar 29, 2010 12:08pm
you can call me stupid, dump, idiot, whatever you want.
and you know what? i will answer to you: "yuo are right"

i lost all my trades today with small sl or b/e
i have been on the right side short eu but closed to early.
i haved been on the right side usdchf and no takeprofit but b/e

its like Sho tells us: only practise live will bring you further in trading.
one have to learn to controll the emotions otherwise no chance to win this game.
monday is always hard for me, i dont know why. to week or to much emotions?
i do fine with small money, with liitle pos size but if it comes to bigger load all the emotions comes back.
in the hindsight even i cannot understand why i dit this or that on my chart.
  • #1,122
  • Mar 29, 2010 12:39pm Mar 29, 2010 12:39pm
Last 1.5hrs the market is dead, a 20p range is playing really slowly in GU, anyone know what's the real reason?
  • #1,123
  • Mar 29, 2010 1:41pm Mar 29, 2010 1:41pm
Mike, I have a lot of the same problem. I trade mini lots 10,000 for bout $1 a pip. When I go to 20,000 everything is different, how I don't know but it is. when that happens I drop back down to single lot and trade it until I bored. When I ready to increase it works better for me to go to 11,000 , or 12,000 and trade for a while. Then up a little more but not enough to get excited, just 10 to 15 % increase, and trade with that size long enough for it to get boring. If I increase the lot size enough to be exciting its like rolling the dice at the casino and with the same result. I don't know if you've tried this, it takes time, but it helps me.
  • #1,124
  • Mar 29, 2010 1:56pm Mar 29, 2010 1:56pm
Quoting Bankshot
Mike, I have a lot of the same problem. I trade mini lots 10,000 for bout $1 a pip. When I go to 20,000 everything is different, how I don't know but it is. when that happens I drop back down to single lot and trade it until I bored. When I ready to increase it works better for me to go to 11,000 , or 12,000 and trade for a while. Then up a little more but not enough to get excited, just 10 to 15 % increase, and trade with that size long enough for it to get boring. If I increase the lot size enough to be exciting its like rolling the dice at the...

yes its the same with me. as long as i trade mini lots its fine.
  • #1,125
  • Mar 29, 2010 2:35pm Mar 29, 2010 2:35pm
Quoting MJurban
yes its the same with me. as long as i trade mini lots its fine.
I dont know if you guys are able to block out the dollar amount on your platforms, but i would think that when you think in terms of pips and not money that should help. I use oanda and i make the pips available to look at and not the dollar amount as i think this plays with your mind. So often times i dont even know how much i am down or up (money wise) just that i am up 10pips 11pips etc... Just my opinion and what works for me.
  • #1,126
  • Mar 29, 2010 7:46pm Mar 29, 2010 7:46pm
Quoting MJurban
you can call me stupid, dump, idiot, whatever you want.
and you know what? i will answer to you: "yuo are right"

i lost all my trades today with small sl or b/e
i have been on the right side short eu but closed to early.
i haved been on the right side usdchf and no takeprofit but b/e

its like Sho tells us:...
its time to remind u few rules.
--------------------------------------------------
****Do more of what is working for you, and less of what's not. Each day.

***When sharp losses in equity are experienced, take time off. Close all trades and stop trading.

****Focus on how you play the game and not on the scoreboard. Trade with discipline and follow your game plan.
-----------------------------------------------------------
allways read all the rules before trading.and after the trading every day.

sho
  • #1,127
  • Mar 29, 2010 8:06pm Mar 29, 2010 8:06pm
Yes, that's the way I do. I used to clsoe the "Terminal" as the +/- profit makes me so nervous. Alternatively, search a pip meter instead, only check your gain/loss in terms of pips is much better.

I still play with mini but in real money, proportional increase is my plan if the a/c is keep on growth.

For sharing http://cdn.forexfactory.com/images/icons/icon3.gif

Quoting rtiger29
I dont know if you guys are able to block out the dollar amount on your platforms, but i would think that when you think in terms of pips and not money that should help. I use oanda and i make the pips available to look at and not the dollar amount as i think this plays with your mind. So often times i dont even know how much i am down or up (money wise) just that i am up 10pips 11pips etc... Just my opinion and what works for me.
  • #1,128
  • Mar 30, 2010 3:11am Mar 30, 2010 3:11am
short 125.21
Attached Image (click to enlarge)
Click to Enlarge Name: eeeeeeeeeeeeeeeeeeeee.gif Size: 23 KB
  • #1,129
  • Mar 30, 2010 3:14am Mar 30, 2010 3:14am
short 1.3517
Attached Image (click to enlarge)
Click to Enlarge Name: ffffffffffffffffffffffffffffffffffffffffffffffff.gif Size: 28 KB
  • #1,130
  • Mar 30, 2010 3:28am Mar 30, 2010 3:28am
Quoting francis2
short 1.3517
+30
  • #1,131
  • Mar 30, 2010 3:29am Mar 30, 2010 3:29am
Quoting francis2
short 125.21
+50
  • #1,132
  • Mar 30, 2010 4:52am Mar 30, 2010 4:52am
Quoting francis2
+30

nice trades,
i have been in the eu same short, same entry but closed to early
that is my general problem, entry OK but exit bad
  • #1,133
  • Mar 30, 2010 5:08am Mar 30, 2010 5:08am
short eu 1.3470 and 1.3475
Attached Image
  • #1,134
  • Mar 30, 2010 5:29am Mar 30, 2010 5:29am
this is where i close the trade cause it dit not do what i had expacted
Attached Image
  • #1,135
  • Mar 30, 2010 5:40am Mar 30, 2010 5:40am
short eu one more time
maybe its dump, but the fibretrace is some 50%, under the 3500 and a very smal stoploss risk made me take this short
Attached Image
  • #1,136
  • Mar 30, 2010 5:49am Mar 30, 2010 5:49am
Quoting MJurban
short eu one more time
maybe its dump, but the fibretrace is some 50%, under the 3500 and a very smal stoploss risk made me take this short

10 pips reached, free trade now
Attached Image
  • #1,137
  • Mar 30, 2010 5:53am Mar 30, 2010 5:53am
You have made my several days gain on both EU & EJ
  • #1,138
  • Edited 6:29am Mar 30, 2010 6:12am | Edited 6:29am
uder pressure, few pt. to cut losshttp://cdn.forexfactory.com/images/icons/icon8.gif

edit
result-10
  • #1,139
  • Mar 30, 2010 6:23am Mar 30, 2010 6:23am
Quoting MJurban
10 pips reached, free trade now

closed with 12 pips, 2:1 ratio
supportline and lunchtime for me, c u later
  • #1,140
  • Mar 30, 2010 6:45pm Mar 30, 2010 6:45pm
Quoting francis2
+50
hi francis, can you please tell me what made you take the ej/eu trades?
i see bearish engulfing patterns but was wondering if that was what made you take the entry
0 traders viewing now