DislikedMy EJ failed trade.. There were MANY things wrong with this, i should have seen it.. 1) Trading towards the pivot (a huge no no). 2) I did not let the trend settle. 3) The Stoches for a long trade did not look good. 4) 'Counter Trade.' The arrow dictated my entry, i should have thought otherwise. My thinking was with LO, there was going to be a move, like Tokyo open, the move will be determined within 3 hours of the opening (RJ wrote something about this i believe). So with that, i wanted to get in at the 'best moment.' I guess i jumped the gun...Ignored
- #17,362
- Aug 27, 2013 5:14am Aug 27, 2013 5:14am
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
Doing what you like is Freedom. Liking what you do is Happiness.
- #17,363
- Aug 27, 2013 5:14am Aug 27, 2013 5:14am
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
{quote} Just a quick look on M15 could stop you from buying there. It did stop me.
Doing what you like is Freedom. Liking what you do is Happiness.
- #17,364
- Aug 27, 2013 5:15am Aug 27, 2013 5:15am
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
Beautiful These charts are so pleasing to my eyes {image}
Yep...all white...buy. All red....sell. Of course it's not quite that easy, but it's easy on the eye....to me it is anyway!
Doing what you like is Freedom. Liking what you do is Happiness.
- #17,365
- Aug 27, 2013 5:18am Aug 27, 2013 5:18am
{quote} It's good that you can see your mistakes there hunter.....what immediately jumps out at me is the bearish nature of the PA since market open today. Looking at the stochs only, they were perfectly placed at market open and the M15 stoch hit the floor and stayed there...indicating a very keen bear trend. So, I would be looking to sell any rallies I could. After you realised your mistake, you could have reversed your trade and made back your loss, plus some more. Just after the failed trade there was the bear arrow....and soon after everything...
. Good job for those who entered the sell EJ trade!
- #17,366
- Aug 27, 2013 5:21am Aug 27, 2013 5:21am
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
{quote} True, i was thinking that as well (entering the sell order), but I have a motto.. If i fail a trade, i will stop trading for the rest of the day. Go back and see what was wrong and try to not make the same mistake. Still.. that +80 pips did look good heh
Doing what you like is Freedom. Liking what you do is Happiness.
- #17,368
- Edited 10:51am Aug 27, 2013 10:24am | Edited 10:51am
Hi everyone
Not been around for a while, so trading has been paused. Lots of trades though.
@RJ, thanks alot for the pdf, really enjoyed it, and it is inspiring. Most things can be done if only you try
Had a quick +30 on GJ this afternoon, was aiming for 151.50 since it was a CT trade.
EDIT: Just re-entered GJ and entered EJ, not expecting much though as it is still CT, but the sellers should take profit at some point
. So expecting a move
Edit 2: Out with -2,-2. Guess they are not ready to take profit yet. oh well.
Not been around for a while, so trading has been paused. Lots of trades though.
@RJ, thanks alot for the pdf, really enjoyed it, and it is inspiring. Most things can be done if only you try
Had a quick +30 on GJ this afternoon, was aiming for 151.50 since it was a CT trade.
EDIT: Just re-entered GJ and entered EJ, not expecting much though as it is still CT, but the sellers should take profit at some point
. So expecting a moveEdit 2: Out with -2,-2. Guess they are not ready to take profit yet. oh well.
Let your plan trade for you, not your emotion!!!
- #17,369
- Aug 27, 2013 5:23pm Aug 27, 2013 5:23pm
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
Crazy day on the markets yesterday...amazing stuff! I have to go to town today so I won't be back until late in the Tokyo session, but I hope there will be heaps more pips for you all.
Just a word of caution aimed at no one, and everyone. We are all traders here and we are all together in this endeavor to make a lot of money with Genesis. Politics and religion and other such topics are not welcome here.....
Thanks,
RJ
Edit: I should clarify what I mean.....I have seen some very nasty posting (not on our thread) regarding the Syria situation. I had to suspend from FF one person to stop his venomous rantings until the FF admins could delete his posts and have a word with him. We are all brothers and sisters here and Genesis is our common ground.....we need to preserve that and love one another regardless of everything else.
Just a word of caution aimed at no one, and everyone. We are all traders here and we are all together in this endeavor to make a lot of money with Genesis. Politics and religion and other such topics are not welcome here.....
Thanks,
RJ
Edit: I should clarify what I mean.....I have seen some very nasty posting (not on our thread) regarding the Syria situation. I had to suspend from FF one person to stop his venomous rantings until the FF admins could delete his posts and have a word with him. We are all brothers and sisters here and Genesis is our common ground.....we need to preserve that and love one another regardless of everything else.
Doing what you like is Freedom. Liking what you do is Happiness.
- #17,372
- Aug 27, 2013 7:00pm Aug 27, 2013 7:00pm
Long on EA manual close +65 pips at BRN Will wait and see what Tokyo open does and perhaps a re entry....or not J
good on you JJ, well done! Some Oz news later. I watched that one (Since we knew RJ gave the heads up that he was up town.....
...) but my entry shoulda been at around 9:30 so I left it alone. It does seem against you watching market move without being in a trade but the reality is, that's life, there is a next one. Got a BE off UJ last night too and see a long sell there. Practicing, just forget it!!!
- #17,373
- Aug 27, 2013 7:08pm Aug 27, 2013 7:08pm
{quote} good on you JJ, well done! Some Oz news later. I watched that one (Since we knew RJ gave the heads up that he was up town.....
Its nice to pick up a fast, solid trade when I see so many going begging too
So often just too late to catch them due to the times I can trade
Reminds me of when I first started trout fishing Tongariro years ago...................always saw other anglers w all the fish. I persevered then as I am now.
Cheers J
Winning isnt everything but coming second sucks (Charlie Brown)
- #17,374
- Aug 27, 2013 7:26pm Aug 27, 2013 7:26pm
{quote} Thanks Jamz Its nice to pick up a fast, solid trade when I see so many going begging too So often just too late to catch them due to the times I can trade Reminds me of when I first started trout fishing Tongariro years ago...................always saw other anglers w all the fish. I persevered then as I am now. Cheers J
Ha, Grandad ran a lodge in Turangi many years ago. I had a "nostalgic" fly rod experience there with ice freezing up on the eyelets on the rod.....yes, I have been a mad fishing person too. Thought I'd perfected my fishing until the big one just stayed put and straightened my hook......I admit having given up!!! Now after pips instead.....I'm not sure which is harder.....
- #17,375
- Aug 27, 2013 7:34pm Aug 27, 2013 7:34pm
{quote} Ha, Grandad ran a lodge in Turangi many years ago. I had a "nostalgic" fly rod experience there with ice freezing up on the eyelets on the rod.....yes, I have been a mad fishing person too. Thought I'd perfected my fishing until the big one just stayed put and straightened my hook......I admit having given up!!! Now after pips instead.....I'm not sure which is harder.....
Im after the pips so I can do more fishing!
J
Winning isnt everything but coming second sucks (Charlie Brown)
- #17,376
- Aug 27, 2013 7:35pm Aug 27, 2013 7:35pm
{quote} Ha, Grandad ran a lodge in Turangi many years ago. I had a "nostalgic" fly rod experience there with ice freezing up on the eyelets on the rod.....yes, I have been a mad fishing person too. Thought I'd perfected my fishing until the big one just stayed put and straightened my hook......I admit having given up!!! Now after pips instead.....I'm not sure which is harder.....
Winning isnt everything but coming second sucks (Charlie Brown)
- #17,378
- Aug 27, 2013 8:01pm Aug 27, 2013 8:01pm
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
Doing what you like is Freedom. Liking what you do is Happiness.