guys, let me know if i'm spamming this thread with too much images, talk...nonsense words.... I simply think that we all could learn a bit from these real open trades. And especially the psychology part after the trade is opened is important for me (and an issue for me at least). so, please tell me, if i should continue this way or not. I can of course try to keep it shorter and sweeter.
Ratios & Harmonics: a Different Way to Trade
- #14,662
- Nov 2, 2015 5:09pm Nov 2, 2015 5:09pm
- Joined Nov 2014 | Status: Trader | 1,300 Posts
and by crappy trade , I mean one that you didn't follow your rules not one that didn't win.
- #14,663
- Nov 2, 2015 5:14pm Nov 2, 2015 5:14pm
- | Joined Dec 2013 | Status: Trader | 1,118 Posts
{quote} Not at all, keep posting. This thread has been on the cusp of dying for months - it needs some life.
- #14,664
- Nov 2, 2015 5:36pm Nov 2, 2015 5:36pm
- | Joined Dec 2013 | Status: Trader | 1,118 Posts
this trade is being a pain in the @ss. Mr.PiP's rules state: "When one enters in aggressive C trade, Stop should be placed a couple of pips below point A" - which in this case is the swing low at 1.1000 level. And that's what I'm doing now. But I don't like this damn trade, mainly because momentum increased on the down side (take a look at the slope of the blue arrows in the image below). Although, the fact that the market had a new swing high it's important and I think that market should at least try to test that region again. {image}
I thought I would through up my take of the situation.Summary: I think your still good even though your eating a bit of pain. I'm not so confident that price will reach your target though. hopefully the bulls can must up some momentum and not break the 1.10000 level. Do you hold your trades over night?
- #14,665
- Nov 2, 2015 6:32pm Nov 2, 2015 6:32pm
- | Joined Dec 2014 | Status: Trader | 1,008 Posts
{quote} Not at all, keep posting. This thread has been on the cusp of dying for months - it needs some life.
{quote} I don't think your spamming. posting a live trade makes you accountable. It takes off the blinders so you can filter what you know and what you can do. Its to easy to take a crappy trade on demo and just forget about it. and by crappy trade , I mean one that you didn't follow your rules not one that didn't win.
Thank you guys. appreciated.
{quote} For all that pain, I hope you bag some pips out of this one.
night
- #14,668
- Nov 3, 2015 1:53am Nov 3, 2015 1:53am
- Joined Nov 2014 | Status: Trader | 1,300 Posts
{quote}
- #14,669
- Nov 3, 2015 2:06am Nov 3, 2015 2:06am
- | Joined Dec 2014 | Status: Trader | 1,008 Posts
{quote} I think I need that for some people I work with...
anyway. this is what I'm looking at today:
oh damn, just poured my coffee at my desk while i was writing this...
- #14,670
- Nov 3, 2015 2:20am Nov 3, 2015 2:20am
- Joined Nov 2014 | Status: Trader | 1,300 Posts
{quote} hehe...but that's where most of fun is...tweeting when it's happening. Some people do find this as opportunities to draw some attention on them... it's all about popularity nowadays isn't it. anyway.
this is what I'm looking at today:
oh damn, just poured my coffee at my desk while i was writing this... {image}
- #14,671
- Nov 3, 2015 3:43am Nov 3, 2015 3:43am
- Joined Nov 2014 | Status: Trader | 1,300 Posts
I've got my eye on GU around 1.5414
Finally in short GU:
- #14,672
- Nov 3, 2015 3:52am Nov 3, 2015 3:52am
- | Joined Dec 2014 | Status: Trader | 1,008 Posts
{quote} 2 missed opportunities through inattention
- #14,673
- Nov 3, 2015 4:43am Nov 3, 2015 4:43am
- Joined Nov 2014 | Status: Trader | 1,300 Posts
{quote} looks good. nice trade there.
- #14,675
- Nov 3, 2015 6:16am Nov 3, 2015 6:16am
- Joined Nov 2014 | Status: Trader | 1,300 Posts
{quote} Bah, stopped out at BE with a quick spike up. Not been a productive morning
- #14,676
- Nov 3, 2015 6:18am Nov 3, 2015 6:18am
- Joined Nov 2014 | Status: Trader | 1,300 Posts
probably a bad idea... {image}
- #14,678
- Nov 3, 2015 6:25am Nov 3, 2015 6:25am
- | Joined Dec 2014 | Status: Trader | 1,008 Posts
{quote} Nice spot, I couldn't really see that with my tick count. Might be OK for a cheeky counter trend long. Good luck
- #14,680
- Nov 3, 2015 7:15am Nov 3, 2015 7:15am
- | Joined Dec 2014 | Status: Trader | 1,008 Posts
{quote} u could almost place a limit buy and be sure to scalp 5- 10 pips. but...I might also be stopped out, as I'm against order flow...hehe... long story short - Mr. PiP teachings ROCK. end of the story. Do u want to learn, this thread has it all. U want to make fun with your money, then continue whatever u're doing....
enter the market, which is 2:30 pm (my time, CET, Brussels). At that time we'll see some nice moves , hopefully in our direction. let's see. But right know PA bar by bar is not so promising. market will probably test that low again. hopefully wont break it