What I mean the pin on EJ......
- #1,303
- Dec 7, 2010 9:09am Dec 7, 2010 9:09am
- Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
nice trades!!!
pls take a look at your charts...
You are right, you may notice that I switched down to M5 for major plays, may be this reason I need more solid move to jump in those trades, so instead took less profit.
Woow, you checked all my posts, I must be very careful
Thanks for the visit.
- #1,304
- Dec 7, 2010 9:15am Dec 7, 2010 9:15am
- Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
mistake was made in writing : )) not "TON" but "NOT"
- #1,305
- Dec 7, 2010 9:25am Dec 7, 2010 9:25am
Hi mate,
You are right, you may notice that I switched down to M5 for major plays, may be this reason I need more solid move ...
Thanks for the visit.
i noticed you use 20 pips SL.. i think it's giving the room for the price to move (my SL's often hit cos of the small size) but what about risk/reward?... i see your profits not more than 20 pips..
- #1,307
- Dec 7, 2010 9:41am Dec 7, 2010 9:41am
- Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
hehe.. i'm just trying to get things u already got
i noticed you use 20 pips SL.. i think it's giving the room for the price to move (my SL's often hit cos of the small size) but what about risk/reward?... i see your profits not more than 20 pips..
- #1,308
- Dec 7, 2010 9:55am Dec 7, 2010 9:55am
- Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
- #1,309
- Dec 7, 2010 12:35pm Dec 7, 2010 12:35pm
Woow mate, you hitted my weakness, that's the area I'm trying to improve, so you can see I'm trying more to take half my lot off around 8 then let the rest run to my TP, hope to get 1:1 RR at least, 1.5:1 is even better, this is the target that I'm trying.......
- #1,310
- Dec 8, 2010 12:04am Dec 8, 2010 12:04am
Suppose I needed to make myself some breakfast, but your great journal keeps me sticking here for hours. All I have is a cup of sky juice.
I have finished reading and left is absorbing trades e.g
Along the journey, I pick up many good materials from you.
Quick and precise...Spiderman
I have finished reading and left is absorbing trades e.g
Along the journey, I pick up many good materials from you.
Quick and precise...Spiderman
Shake it off!Lick the Wound,Prey Again!
- #1,311
- Dec 8, 2010 3:00am Dec 8, 2010 3:00am
- Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
Suppose I needed to make myself some breakfast, but your great journal keeps me sticking here for hours. All I have is a cup of sky juice.
I have finished reading and left is absorbing trades e.g
Along the journey, I pick up many good materials from you.
Quick and precise...Spiderman
I'm far from professional, I took my shoots here is to show how I read the markets and what is / are my confirmation come from, perhaps it may be wrong
. If it can help you a bit its pretty good.You know what's in my bag (my avatar), I got tons of reading now, the more I read, the more I recognise how amazing from Sho's teaching, his market sence is super!!
Trade well mate.
Eric
- #1,312
- Dec 8, 2010 10:00am Dec 8, 2010 10:00am
- Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
only 2 trades on GU today, one stopped out, one positive with +25, keep positive. No more trade, go to sleep.
- #1,313
- Dec 8, 2010 10:13am Dec 8, 2010 10:13am
- Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
- #1,314
- Dec 9, 2010 8:01am Dec 9, 2010 8:01am
- Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
- #1,316
- Dec 9, 2010 8:22am Dec 9, 2010 8:22am
- Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
no re-enter after this 2nd trade
my confirmation on 2nd one ~ end of corrective move, with DB, and also the nice DBLHC, though it may not that strong in M5, but at least its combination is pin.
my confirmation on 2nd one ~ end of corrective move, with DB, and also the nice DBLHC, though it may not that strong in M5, but at least its combination is pin.
I liked your second trade BC, I did almost the same exact trade. I was wondering, Did you reenter or stack up the trade after that corrective move?
I did, was just wondering what you think of that trade, in my mind it was wave 3 and that is normally the best and I already took off the majority of the previous trade for profits at +10 & +20. (got lucky on the +20, think that was the last tick it got to)
Simple
- #1,317
- Dec 9, 2010 9:53am Dec 9, 2010 9:53am
bit positive after 2 trades
my 2 roubles
your 1st trade... did you notice that price closed inside previous swing candle range (and also short term resistance)? and formed pin bar.. may be u would be more confident with it if priced closed above it? as for me i would consider it corrective just compare previous momentum bearish bar - it has more speed.
- #1,318
- Dec 9, 2010 7:58pm Dec 9, 2010 7:58pm
- Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
Yeah, that's why I said I was wrong, count the wrong implusive / corrective move, should id a more concrete evidence 1st. I do take bad trade sometime, so always put our sl in place, risk 1st.
. I do take bad trade sometime, so always put our sl in place, risk 1st. Hi City!
my 2 roubles
your 1st trade... did you notice that price closed inside previous swing candle range (and also short term resistance)? and formed pin bar.. may be u would be more confident with it if priced closed above it? as for me i would consider it corrective just compare previous momentum bearish bar - it has more speed.
- #1,319
- Dec 13, 2010 7:51am Dec 13, 2010 7:51am
- Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
