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number16

  • #21
  • Apr 27, 2011 2:02am Apr 27, 2011 2:02am
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
Quoting apt
Going to shower, won't place SL just yet as price is evening out and deciding outcome.

Before I go to bed, I will definitely place an SL @ +1. That is going to be a requirement from now on. The only time I will forgo an SL is if I am actively watching the price and scalping it. If I do a set and forget it, SL will always be for POSITIVE pips. Fold Equity.
SL placed at +1, TP at 50% Fibonacci. Going to sleep, but setting alarm a bit above TP.

I want to get in on the ranging action and buy on the bounce if possible. Night.
  • #22
  • Apr 27, 2011 12:57pm Apr 27, 2011 12:57pm
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
Very rocky trading last night, made a lot of mistakes trying to guess tops; it's even more frustrating because I made a few nice trades to bring me close to recovering my large loss from the day before.

Time to zen out today, heading to the beach.

Good luck on all your trades.
  • #23
  • Apr 30, 2011 4:19am Apr 30, 2011 4:19am
I've had a quick look at some of your posts on the Simple Fib thread and I trade a similar way to yourself..

Noted your trades here in this journal, good trading by the way... poor execution on the stop-loss movement though (no offence meant, I can feel your pain on it, I have done it a million times).

Looking forward to seeing how you trade this week...

TP
  • #24
  • Last Post: May 2, 2011 2:39pm May 2, 2011 2:39pm
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
Bad week last week, after a few losses I just went really crazy and was blind trading a lot towards the end of the week. Thankfully I still ended up somewhere about 30% ROI.

I'm leaving on a trip to Los Angeles later this week, so trading will be limited ; aiming for a 50% gain.

Again, discipline is a big factor right here, so ... yap ;|

Thanks for the post totalpips.
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