No much can play so far today, such a choppy market. Off to home first and go for London 2nd half.
- #1,221
- Edited 6:11am Nov 23, 2010 4:59am | Edited 6:11am
- Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
- #1,222
- Nov 23, 2010 6:31am Nov 23, 2010 6:31am
- Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
Moved SL to BE +
Come on baby..........
Edit: BE +1 out, well known the TL M15 is downward and right on Fib 61%, but looking for more, anyway free run.
1st & 2nd attend did arrive +15p each but didnt take
I should have took half profit 1st and let the 2nd half for BE. Focus............
- #1,223
- Nov 23, 2010 8:07am Nov 23, 2010 8:07am
- Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
I've to share how happy I'm today.
Off the work place a bit early (the market was too choppy so stop trading), passed by a book store then unintentionally found Mark Douglas' Trading in the Zone...................a translated copy in Chinese version!!
Paid the charge (hehe, about US$12 only) then straight back to home. You know how difficult for me to read the original english version some months ago (one of my good mate here gave me). Now I can read the book with more understanding.
Cheers,
Eric
Off the work place a bit early (the market was too choppy so stop trading), passed by a book store then unintentionally found Mark Douglas' Trading in the Zone...................a translated copy in Chinese version!!
Paid the charge (hehe, about US$12 only) then straight back to home. You know how difficult for me to read the original english version some months ago (one of my good mate here gave me). Now I can read the book with more understanding.
Cheers,
Eric
- #1,224
- Nov 23, 2010 9:48am Nov 23, 2010 9:48am
- Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
Both EU and EJ did really give me good money tonight
. At least I'm back to half way of stage 3
, but I was too emotional at $4/pip, hitted 2 times, just couldnt get through the barrier to 4 digits.
Really hard.
Let me finish my new book first, keep lower lot size for a while, it should be much easier for me to play and reserve my equity for the coming yr. hehe.
BTW, though $3 ~ 3.5/pip is just the small size for many guys, I cant really get through it so I decided to keep my max. size at this level. No more increment.... The MM project has to be ended by this stage. Really cant straight to higher stage for a part time trader.
Eric
. At least I'm back to half way of stage 3, but I was too emotional at $4/pip, hitted 2 times, just couldnt get through the barrier to 4 digits.Really hard.
Let me finish my new book first, keep lower lot size for a while, it should be much easier for me to play and reserve my equity for the coming yr. hehe.
BTW, though $3 ~ 3.5/pip is just the small size for many guys, I cant really get through it so I decided to keep my max. size at this level. No more increment.... The MM project has to be ended by this stage. Really cant straight to higher stage for a part time trader.
Eric
- #1,225
- Nov 23, 2010 10:05am Nov 23, 2010 10:05am
- Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
- #1,226
- Nov 23, 2010 7:43pm Nov 23, 2010 7:43pm
- Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
Took 1st half at +8, then moved SL to BE,
2nd half took at 9 only as no more move at the moment. Trade in this way makes me feel better.
2nd half took at 9 only as no more move at the moment. Trade in this way makes me feel better.
- #1,227
- Nov 24, 2010 4:46am Nov 24, 2010 4:46am
- Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
- #1,228
- Nov 24, 2010 5:06am Nov 24, 2010 5:06am
- Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
- #1,229
- Nov 24, 2010 7:45am Nov 24, 2010 7:45am
- Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
- #1,230
- Nov 24, 2010 8:24am Nov 24, 2010 8:24am
- Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
-13
- #1,231
- Nov 24, 2010 8:27am Nov 24, 2010 8:27am
- Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
- #1,232
- Nov 24, 2010 8:34am Nov 24, 2010 8:34am
- Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
- #1,233
- Nov 24, 2010 8:38am Nov 24, 2010 8:38am
- Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
- #1,234
- Edited 9:00am Nov 24, 2010 8:43am | Edited 9:00am
- Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
Lets wait for a bit more ........Edit: Add H4 pic
- #1,235
- Nov 24, 2010 12:32pm Nov 24, 2010 12:32pm
- #1,236
- Edited 11:01pm Nov 24, 2010 10:14pm | Edited 11:01pm
- Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
See how it goes.........
Daily and M15 below
Edit: Set SL to BE now, free run (London 0424)
result: BE +1 out
Daily and M15 below
Edit: Set SL to BE now, free run (London 0424)
result: BE +1 out
- #1,237
- Nov 24, 2010 11:00pm Nov 24, 2010 11:00pm
- Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
yeah... i have spotted that when price had broken the triangle down.. then pullback to the broken triangle and mid line as well.. that was nice setup... i waited for retracement to make the SL size about 10 pips(risk first: ) ,i sent the short pending (0,9955 - entry,0,9965 - stop loss).. but price couldn't get that ( just 1 pip!!!) so i missed it ...
I trust your decision on PO rather than market order for this trade is right
.For me, the 1st green pin didnt seem good as a "good" pin ~ 50/50 on the body and wick, the next 2 reds still no good for me to trade short, so missed, hehe. Even the breakout of bottom support, what I wanted at the moment was a retracement, but there was nothing, straight down. May be we could switch down to M5 to see any retracement entry, but I'm no good on this kind of method. I rather stick on M15, the lowest TF for me.
Never mind, trade safe and risk 1st are the key of consistency.
Thanks for the sharing.
Cheers
Eric
- #1,238
- Edited 1:34am Nov 25, 2010 12:10am | Edited 1:34am
- Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
2nd attend, almost the same entry point after 3 times of testing on same level.......
Wooooooow, almost 20 didnt take, BE again, US market closing only?????
Wooooooow, almost 20 didnt take, BE again, US market closing only?????
See how it goes.........
Daily and M15 below
Edit: Set SL to BE now, free run (London 0424)
result: BE +1 out
- #1,239
- Edited 2:49am Nov 25, 2010 2:29am | Edited 2:49am
- Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
This is the 3rd one today play at same level, SL moved to BE too........
edit : take 1/3 profit with 20; SL to +10
2nd edit: took 23 for 1/3 profit; SL keeps at +10; now left 1/3 position...... (London 0840)
final: 3rd position stopped out with 10
Total this trade gave me 53pips, enough for my base
edit : take 1/3 profit with 20; SL to +10
2nd edit: took 23 for 1/3 profit; SL keeps at +10; now left 1/3 position...... (London 0840)
final: 3rd position stopped out with 10
Total this trade gave me 53pips, enough for my base
- #1,240
- Edited 3:08am Nov 25, 2010 3:07am | Edited 3:08am
- Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
Now the price back to square one.
Well, I like those 3 attends today at same level, and particular for the 3rd attend which progressive reduction on my risk explorure. I am looking forward to develop this style into my routine play.
Can't trade later on, my offical meeting tonight & no bother as US market is closing anyway.
Well, I like those 3 attends today at same level, and particular for the 3rd attend which progressive reduction on my risk explorure. I am looking forward to develop this style into my routine play.
Can't trade later on, my offical meeting tonight & no bother as US market is closing anyway.
This is the 3rd one today play at same level, SL moved to BE too........
edit : take 1/3 profit with 20; SL to +10
2nd edit: took 23 for 1/3 profit; SL keeps at +10; now left 1/3 position...... (London 0840)
final: 3rd position stopped out with 10
Total this trade gave me 53pips, enough for my base
