New PO: EURUSD Sell
Update: Got smacked right through.
Next.
Update: Got smacked right through.
Next. Knowing is not enough; we must apply. Willing is not enough; we must do.
Start of my journey towards profitable trading with PA
- #661
- Edited Jun 18, 2013 2:05am Jun 17, 2013 11:46pm | Edited Jun 18, 2013 2:05am
- Joined Nov 2012 | Status: Be consistent, Be persistent. | 1,847 Posts
- #662
- Edited 6:57am Jun 18, 2013 4:06am | Edited 6:57am
- Joined Nov 2012 | Status: Be consistent, Be persistent. | 1,847 Posts
New PO: EURJPY sell
Update: Stopped out. Next.
Update: Stopped out. Next.
Knowing is not enough; we must apply. Willing is not enough; we must do.
- #663
- Edited 3:40pm Jun 18, 2013 6:24am | Edited 3:40pm
- Joined Nov 2012 | Status: Be consistent, Be persistent. | 1,847 Posts
New PO: GBPUSD buy
30mins chart:
Bigger picture:
Update: Price didnt' make it to my PO, and moved towards supply. Now looking for short.
Update 2: Got stopped out when I had the chance to cover after engulf of supply.
30mins chart:
Bigger picture:
Update: Price didnt' make it to my PO, and moved towards supply. Now looking for short.
Update 2: Got stopped out when I had the chance to cover after engulf of supply.
Knowing is not enough; we must apply. Willing is not enough; we must do.
- #664
- Edited Jun 19, 2013 8:14am Jun 18, 2013 8:41am | Edited Jun 19, 2013 8:14am
- Joined Nov 2012 | Status: Be consistent, Be persistent. | 1,847 Posts
New trade: EURUSD sell
Took a big CT trade. Will be a swing trade. Let's see if it works.
Update: TIghtened SL to 10pips above swing high after price broke back under BRN 1.3400.
Update2 : Price is ranging, and testing the demand/flag limit multiple times. I hope it's a double top, and breakout to the downside. Either way, I'm safe.
Update 3: Stopped out for a penny. LOL.
Took a big CT trade. Will be a swing trade. Let's see if it works.
Update: TIghtened SL to 10pips above swing high after price broke back under BRN 1.3400.
Update2 : Price is ranging, and testing the demand/flag limit multiple times. I hope it's a double top, and breakout to the downside. Either way, I'm safe.
Update 3: Stopped out for a penny. LOL.
Knowing is not enough; we must apply. Willing is not enough; we must do.
- #665
- Edited Jun 19, 2013 4:22pm Jun 18, 2013 4:33pm | Edited Jun 19, 2013 4:22pm
- Joined Nov 2012 | Status: Be consistent, Be persistent. | 1,847 Posts
New PO: GOLD Sell
Update: Cancelled the PO because of bullish PA & FOMC coming soon.
Update 2: Is this a coincidence?
Update: Cancelled the PO because of bullish PA & FOMC coming soon.
Update 2: Is this a coincidence?
Knowing is not enough; we must apply. Willing is not enough; we must do.
- #667
- Jun 18, 2013 8:03pm Jun 18, 2013 8:03pm
- Joined Nov 2012 | Status: Be consistent, Be persistent. | 1,847 Posts
These flip zones when the flip is a very clear and neat S/R line as well seem to be highly effective. I know that you have looked at Wizard's stuff alot and this type of situation is the perfect combo of S/D and Wizard. Good luck!
Let's see if I get a fill. 
Knowing is not enough; we must apply. Willing is not enough; we must do.
- #668
- Jun 18, 2013 8:36pm Jun 18, 2013 8:36pm
- Joined Nov 2012 | Status: Be consistent, Be persistent. | 1,847 Posts
Yesterday was the worst day of trading for me since I started live trading. But somehow, I feel organized, and don't feel any negativity coz all the trades were well planned and according to my trading plan.
I'm well aware that trading is a probability game, and losing is part of the game. Will treat it as objectively as I can, and trade the setups that I find reliable and worth taking.
"Be consistent, Be persistent!"
I'm well aware that trading is a probability game, and losing is part of the game. Will treat it as objectively as I can, and trade the setups that I find reliable and worth taking.
"Be consistent, Be persistent!"
Knowing is not enough; we must apply. Willing is not enough; we must do.
- #669
- Edited Jun 19, 2013 7:38am Jun 18, 2013 9:27pm | Edited Jun 19, 2013 7:38am
- Joined Nov 2012 | Status: Be consistent, Be persistent. | 1,847 Posts
New PO: AUDUSD sell
*Risk adjusted to accommodate risk at EU, which adds up to 1% of capital for both positions.
Update: Stopped out.
Update 2: Funny to note that I shorted the start of the upward movement. It's clear after the fact that the demand at swap zone was a good place to go long.
*Risk adjusted to accommodate risk at EU, which adds up to 1% of capital for both positions.
Update: Stopped out.
Update 2: Funny to note that I shorted the start of the upward movement. It's clear after the fact that the demand at swap zone was a good place to go long.
Knowing is not enough; we must apply. Willing is not enough; we must do.
- #670
- Edited 4:50am Jun 19, 2013 4:23am | Edited 4:50am
- Joined Nov 2012 | Status: Be consistent, Be persistent. | 1,847 Posts
New PO: EURJPY Sell
Update: Broke the compression pattern. Took off the PO, and watch.
Update: Broke the compression pattern. Took off the PO, and watch.
Knowing is not enough; we must apply. Willing is not enough; we must do.
- #671
- Edited 7:54am Jun 19, 2013 7:05am | Edited 7:54am
- Joined Nov 2012 | Status: Be consistent, Be persistent. | 1,847 Posts
New PO: GBPUSD buy
Update: Taken off the PO...FOMC in 3 hours...not gonna gamble..
Update: Taken off the PO...FOMC in 3 hours...not gonna gamble..
Knowing is not enough; we must apply. Willing is not enough; we must do.
- #672
- Jun 19, 2013 7:54am Jun 19, 2013 7:54am
- Joined Nov 2012 | Status: Be consistent, Be persistent. | 1,847 Posts
FOMC in 3 hours...Taken off every PO's, and just sit at the side lines... I'm sure I'll blame myself for trading before FOMC if the trades turn out to be losses. 
Knowing is not enough; we must apply. Willing is not enough; we must do.
- #673
- Jun 19, 2013 4:22pm Jun 19, 2013 4:22pm
- Joined Nov 2012 | Status: Be consistent, Be persistent. | 1,847 Posts
New trade: EURUSD sell Took a big CT trade. Will be a swing trade. Let's see if it works. {image} Update: TIghtened SL to 10pips above swing high after price broke back under BRN 1.3400. {image} Update2 : Price is ranging, and testing the demand/flag limit multiple times. I hope it's a double top, and breakout to the downside. Either way, I'm safe. {image} Update 3: Stopped out for a penny. LOL.
Knowing is not enough; we must apply. Willing is not enough; we must do.
- #674
- Jun 19, 2013 4:25pm Jun 19, 2013 4:25pm
- Joined Nov 2012 | Status: Be consistent, Be persistent. | 1,847 Posts
FOMC in 3 hours...Taken off every PO's, and just sit at the side lines... I'm sure I'll blame myself for trading before FOMC if the trades turn out to be losses.
Knowing is not enough; we must apply. Willing is not enough; we must do.
- #675
- Jun 20, 2013 5:33pm Jun 20, 2013 5:33pm
- Joined Nov 2012 | Status: Be consistent, Be persistent. | 1,847 Posts
Will be moving my Journal to RTM, as it's pure S&D trading which currently suits me ALOT better. Do follow me if you guys are interested.
http://www.readthemarket.com/index.p...-journey#20265
Best trading,
Chao.
http://www.readthemarket.com/index.p...-journey#20265
Best trading,
Chao.
Knowing is not enough; we must apply. Willing is not enough; we must do.
- #676
- Jun 20, 2013 6:26pm Jun 20, 2013 6:26pm
- Joined May 2009 | Status: step into liquid | 3,460 Posts
Will be moving my Journal to RTM, as it's pure S&D trading which currently suits me ALOT better. Do follow me if you guys are interested.
Good luck to you.
- #677
- Jun 20, 2013 7:40pm Jun 20, 2013 7:40pm
- Joined Nov 2012 | Status: Be consistent, Be persistent. | 1,847 Posts
{quote} Good luck to you.
Best trading to you!
Knowing is not enough; we must apply. Willing is not enough; we must do.
- #679
- Jun 24, 2013 7:00am Jun 24, 2013 7:00am
- Joined Nov 2012 | Status: Be consistent, Be persistent. | 1,847 Posts
May green pips with you. Wish you all the best. Malaysia Boleh!
)
Knowing is not enough; we must apply. Willing is not enough; we must do.
