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  • #6,481
  • Apr 6, 2016 3:54am Apr 6, 2016 3:54am
Traded emotionally yesterday, and as a result flipped on GU, today I switched to Renko 4 as I observed it would have kept me away from trouble yesterday.
I missed the FO drop as I was looking at EU, came back to GU after LO and got an entry but seemed S1 was holding so I bailed at +3. I jumped the gun and the market had me for my SL of -12 got in again after the breakdown but bailed after price threatened to reverse after reaching 10 pips so i could be BE for the morning, alas I was wrong, should have trusted my fib extensions, price should form a lower low after a retracement.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: RENKO 79.png Size: 81 KB
Click to Enlarge Name: RENKO 80.png Size: 67 KB
Let it turn and find your entry.
  • #6,482
  • Apr 6, 2016 3:54am Apr 6, 2016 3:54am
Ger30 +2 +30. Explanation on chart. Funny thing, as I am trading i am starting to hear voices quoting many of the things said in the thread by Dee and PhilippineFX....unfortunately, sometimes late to act upon, but as long as it improves my trading, i am rolling with it.
Attached Image (click to enlarge)
Click to Enlarge Name: GER30+2+30.png Size: 134 KB
  • #6,483
  • Apr 6, 2016 3:59am Apr 6, 2016 3:59am
Quoting JoshuaHope
Ger30 +2 +30. Explanation on chart. Funny thing, as I am trading i am starting to hear voices quoting many of the things said in the thread by Dee and PhilippineFX....unfortunately, sometimes late to act upon, but as long as it improves my trading, i am rolling with it. {image}

Keep rolling with it man
Let it turn and find your entry.
  • #6,484
  • Apr 6, 2016 4:11am Apr 6, 2016 4:11am
Quoting Intrepidpips
{quote} Keep rolling with it man
I will try, but I will probably end up on Prozac with a split personality .
  • #6,485
  • Apr 6, 2016 4:38am Apr 6, 2016 4:38am
Quoting JoshuaHope
Ger30 +2 +30. Explanation on chart. Funny thing, as I am trading i am starting to hear voices quoting many of the things said in the thread by Dee and PhilippineFX....unfortunately, sometimes late to act upon, but as long as it improves my trading, i am rolling with it. {image}
Well played my friend......do not be too hard on yourself....the perfect entry/exit does not exist.....better to grab the easy middle of the move.....your account balance does not know or care where on the chart you bag the pips
  • #6,486
  • Apr 6, 2016 4:43am Apr 6, 2016 4:43am
Quoting JoshuaHope
Ger30 +2 +30. Explanation on chart. Funny thing, as I am trading i am starting to hear voices quoting many of the things said in the thread by Dee and PhilippineFX....unfortunately, sometimes late to act upon, but as long as it improves my trading, i am rolling with it. {image}

yeah it is Those VOICES that will keep you in a trade I hear them in my mind all the time in fact my wife thinks im going mad cos I repeat dees words aloud as im in a trade ....but don't worry those voices you hear are good
  • #6,487
  • Apr 6, 2016 4:47am Apr 6, 2016 4:47am
Quoting PhilippineFX
{quote} Well played my friend......do not be too hard on yourself....the perfect entry/exit does not exist.....better to grab the easy middle of the move.....your account balance does not know or care where on the chart you bag the pips
Thanks PhilippineFx. That is sound advice.
Here is a trade i just got out of for BE. I think i may be suffering from ball shrinkage... that straight shot from Macd scared me off...despite being a neat setup.
Attached Image (click to enlarge)
Click to Enlarge Name: T3.png Size: 126 KB
  • #6,488
  • Apr 6, 2016 4:52am Apr 6, 2016 4:52am
Quoting bettervolume
{quote} yeah it is Those VOICES that will keep you in a trade I hear them in my mind all the time in fact my wife thinks im going mad cos I repeat dees words aloud as im in a trade ....but don't worry those voices you hear are good
What do your voices sound like? Mine sound like Morgan Freeman..lol
  • #6,489
  • Apr 6, 2016 4:59am Apr 6, 2016 4:59am
Quoting bettervolume
{quote} yeah it is Those VOICES that will keep you in a trade I hear them in my mind all the time in fact my wife thinks im going mad cos I repeat dees words aloud as im in a trade ....but don't worry those voices you hear are good
LOL, now that must be hilarious. A madman in front of his computer chanting Dee's advices
Invincibility lies in the defence; the possibility of victory in the attack
  • #6,490
  • Apr 6, 2016 5:09am Apr 6, 2016 5:09am
I hear voices of my own yelling at me to "JUMP OUT; IT'S TURNING BACK ON YOU!" I don't mind chanting dee50's incantations myself.
BE for now recovered my trx costs and have some business to see to outside, hopefully I might catch some NYO action.
Attached Image (click to enlarge)
Click to Enlarge Name: RENKO 81.png Size: 89 KB
Let it turn and find your entry.
  • #6,491
  • Apr 6, 2016 5:30am Apr 6, 2016 5:30am
+32 +6+6+12
decided to trade what I see and not what I think
Attached Image (click to enlarge)
Click to Enlarge Name: v1.png Size: 53 KB
  • #6,492
  • Apr 6, 2016 5:46am Apr 6, 2016 5:46am
Quoting bettervolume
+32 +6+6+12 decided to trade what I see and not what I think {image}
Nice!!!.....biting chunks of cash from the big boys....
  • #6,493
  • Apr 6, 2016 6:00am Apr 6, 2016 6:00am
Quoting PhilippineFX
{quote} Nice!!!.....biting chunks of cash from the big boys....
thanx its all becos of you and dee50 ..am learning slowly
  • #6,494
  • Apr 6, 2016 6:26am Apr 6, 2016 6:26am
Quoting bettervolume
+32 +6+6+12 decided to trade what I see and not what I think {image}
Nice, nice, nice!
  • #6,495
  • Apr 6, 2016 6:29am Apr 6, 2016 6:29am
Quoting JoshuaHope
{quote} Thanks PhilippineFx. That is sound advice. Here is a trade i just got out of for BE. I think i may be suffering from ball shrinkage... that straight shot from Macd scared me off...despite being a neat setup. {image}
I took that trade after a 2B pattern showed up...and after i enlarged my cojones with my newly arrived swedish gizmo. Once it got to BE+2, i ran out and went shopping for groceries. Once I returned, it has hit my TP at BRN +41 pips.

Edit - updated chart.
Attached Image (click to enlarge)
Click to Enlarge Name: GEr30+41.png Size: 128 KB
  • #6,496
  • Apr 6, 2016 6:40am Apr 6, 2016 6:40am
Quoting JoshuaHope
{quote} I took that trade after a 2B pattern showed up...and after i enlarged my cojones with my newly arrived swedish gizmo. Once it got to BE+2, i ran out and went shopping for groceries. Once I returned, it has hit my TP at BRN +41 pips. Edit - updated chart. {image}
Nice! I was totally lost there, I had no idea what was going on. Those whipsaws scare the shit out of me most of the time.
Invincibility lies in the defence; the possibility of victory in the attack
  • #6,497
  • Apr 6, 2016 7:09am Apr 6, 2016 7:09am
Quoting BBalazs
{quote} Nice! I was totally lost there, I had no idea what was going on. Those whipsaws scare the shit out of me most of the time.
Me too, literally, but i have resolved the issue with diapers for adults.
  • #6,498
  • Apr 6, 2016 7:16am Apr 6, 2016 7:16am
+14 +34-5
Attached Image (click to enlarge)
Click to Enlarge Name: v1.png Size: 48 KB
  • #6,499
  • Apr 6, 2016 7:53am Apr 6, 2016 7:53am
I hope you caught this rejection at Daily open, i saw it too late. Was hoping for a pullback, but nothing, even on a 3 pip chart.
Attached Image (click to enlarge)
Click to Enlarge Name: GER30.png Size: 96 KB
  • #6,500
  • Apr 6, 2016 8:47am Apr 6, 2016 8:47am
Gold (-20, +60)

Jumped the gun on the first one, the second was more sensible. Break of support + Stoch OB. Target was the BRN. R:R 3:1

- The first short was from yesterday.
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDM21.png Size: 35 KB
Invincibility lies in the defence; the possibility of victory in the attack
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