{quote} was looking at the same, but am already short EA: {image} {image}
Knowing is not enough; we must apply. Willing is not enough; we must do.
- #521
- Jan 17, 2014 6:42am Jan 17, 2014 6:42am
- Joined Nov 2012 | Status: Be consistent, Be persistent. | 1,847 Posts
- #522
- Jan 17, 2014 6:45am Jan 17, 2014 6:45am
- Joined Nov 2012 | Status: Be consistent, Be persistent. | 1,847 Posts
uj: {image} {image}
Knowing is not enough; we must apply. Willing is not enough; we must do.
- #524
- Jan 17, 2014 7:43am Jan 17, 2014 7:43am
- Joined Nov 2012 | Status: Be consistent, Be persistent. | 1,847 Posts
{quote} uj: Another one!!!!!! {image}
Knowing is not enough; we must apply. Willing is not enough; we must do.
- #525
- Jan 17, 2014 7:59am Jan 17, 2014 7:59am
- Joined Mar 2010 | Status: Trader | 1,635 Posts
{quote} Can my BE survive?{image}
- #526
- Edited 9:57am Jan 17, 2014 8:23am | Edited 9:57am
- Joined Mar 2010 | Status: Trader | 1,635 Posts
- #530
- Jan 17, 2014 5:56pm Jan 17, 2014 5:56pm
- Joined Nov 2012 | Status: Be consistent, Be persistent. | 1,847 Posts
Sold EN, closed 2/3 for +60 and the remainder for +20 (+80 pips in total). {image} {image} {image} {image}
Knowing is not enough; we must apply. Willing is not enough; we must do.
- #531
- Jan 17, 2014 9:20pm Jan 17, 2014 9:20pm
- Joined Mar 2010 | Status: Trader | 1,635 Posts
{quote} Sang, I need your advice on how to deal with near misses. I've had too many...and it's really messing my psychology. Do you place target profits, and leave it there? or do you manual close if TP missed by a little? I really feel bummed by both UJ and EA trades yesterday...
Our UJ trade was not based on HTF Supply. So my expectation/confidence was not that big. Regarding your EA trade, take a look at the chart below for my two cents.
If you watch 1M/5M charts too much, you easily get impulsive/emotional. It is not good especially from a trade management point of view. Be careful!
- #532
- Jan 18, 2014 5:49am Jan 18, 2014 5:49am
- Joined Nov 2012 | Status: Be consistent, Be persistent. | 1,847 Posts
{quote} Actually, I prefer manual close but not immediately after missing TP. Take a look at my recent UJ and EA charts one by one to see how I do. I keep analyzing charts and asking myself, "Is there anything wrong with the zones I drew?", "What about momentum? North or South?", and so on. Our UJ trade was not based on HTF Supply. So my expectation/confidence was not that big. Regarding your EA trade, take a look at the chart below for my two cents. If you watch 1M/5M charts too much, you easily get impulsive/emotional. It is not good especially...
i know it's very subjective when it comes to trading, but i feel im getting closer to seeing "the flow", thanks to u..
Knowing is not enough; we must apply. Willing is not enough; we must do.
- #533
- Edited 6:41am Jan 18, 2014 6:29am | Edited 6:41am
- Joined Mar 2010 | Status: Trader | 1,635 Posts
{quote} Thanks Sang. In fact i was looking at EN for a short, bUT chose EA coz it engulfed a demand. In case of EN,u traded against a strong bull pole, and there was no engulf of demand. What gave u d confidence to short that? i know it's very subjective when it comes to trading, but i feel im getting closer to seeing "the flow", thanks to u..
- #534
- Jan 18, 2014 7:49am Jan 18, 2014 7:49am
- Joined Nov 2012 | Status: Be consistent, Be persistent. | 1,847 Posts
{quote} EN was one of my typical setups. Have a look at the chart below. It is very subjective so you don't need to agree on my EN trade.
Knowing is not enough; we must apply. Willing is not enough; we must do.
- #536
- Jan 19, 2014 5:20pm Jan 19, 2014 5:20pm
- Joined Nov 2012 | Status: Be consistent, Be persistent. | 1,847 Posts
{quote} Hi, I`m korean. I wish i could do something to help out. but i`m not well english. Balhana is professional trader. He is away on business this week.
Knowing is not enough; we must apply. Willing is not enough; we must do.
- #537
- Jan 19, 2014 7:08pm Jan 19, 2014 7:08pm
- Joined Nov 2012 | Status: Be consistent, Be persistent. | 1,847 Posts
starting the week trading:
AU:
AU:
Knowing is not enough; we must apply. Willing is not enough; we must do.
- #539
- Jan 19, 2014 8:56pm Jan 19, 2014 8:56pm
- Joined Nov 2012 | Status: Be consistent, Be persistent. | 1,847 Posts
Hi KeroroOoOo, Wanted to say thanks for the thread, I have just finished reading it from the beginning. I have only been studying S&D since August but this thread has opened my eyes and shown me a different angle. It seems your thread has attracted some really good traders including yourself. I will be following along and as I learn more will eventually post some charts, but for now could you tell me what the WE on your chart means. I have seen it on quite a few charts. Thanks impulsewaver
Welcome on board my friend.
Knowing is not enough; we must apply. Willing is not enough; we must do.
