{quote} I should probably have moved down to the 3 pip as well today. There is so little action.Congrats on making pips from this. Best, Josh P.S. I am hoping for a 123 within a 123 entry here...lets see if it happens.... {image}
{quote} I take them off the renco 2...ya after the big moves of mon and tue its slowed down..
Lets see what happens next.I have gotten much better at keeping myself safe, but it can get frustrating.
Best, Josh
- #7,563
- Aug 5, 2016 3:54am Aug 5, 2016 3:54am
- Joined Sep 2014 | Status: No permanent address | 673 Posts
{quote} There, finally caught a few. +25, to the 50% of the hypothetical 123 based on div at pivot.
GER30 +80. I used 2 lots for this, but one got knocked out early on due to spread increase. The 123 within a 123 worked out well. Considering only one lot, i closed at 127/168.2 ext. Knocked out lot had a higher target and I would have let him run according to momentum.
Anyway, I am perfectly happy with the result as is.
Edit. Just realized i closed a little early - my bad.
Best, Josh
Anyway, I am perfectly happy with the result as is.
Edit. Just realized i closed a little early - my bad.
Best, Josh
- #7,567
- Aug 5, 2016 8:52am Aug 5, 2016 8:52am
- Joined Aug 2011 | Status: Mos P from Cape to Cairo | 2,712 Posts
Let it turn and find your entry.
- #7,568
- Aug 5, 2016 10:10am Aug 5, 2016 10:10am
- | Membership Revoked | Joined Mar 2016 | 1,615 Posts
hellow gays today trading add me skype
saranga.chalith1
saranga.chalith1
- #7,570
- Aug 5, 2016 1:35pm Aug 5, 2016 1:35pm
- Joined Sep 2014 | Status: No permanent address | 673 Posts
GER30 +80. I used 2 lots for this, but one got knocked out early on due to spread increase. The 123 within a 123 worked out well. Considering only one lot, i closed at 127/168.2 ext. Knocked out lot had a higher target and I would have let him run according to momentum. Anyway, I am perfectly happy with the result as is.
{quote} Closed early??? Haha...I`ll show you early...Dax30 +40 +49.....Actually I closed after the NFP bump...Could not keep my eyes open as I woke up with the chickens here....well done today Josh
Have a good weekend,
Best, Josh
Absolutely shocking - the market stops at a div at 200% ext. hmm, now where have I seen this before.
That level is also a recent high from Aug. 1st. This is not to say this is reversing until more evidence, but it just shows how the market tends to obey certain principles most of the time.
Until recently, i would not have kept this 123 up on my chart day after.
Best, Josh
That level is also a recent high from Aug. 1st. This is not to say this is reversing until more evidence, but it just shows how the market tends to obey certain principles most of the time.Until recently, i would not have kept this 123 up on my chart day after.
Best, Josh
- #7,574
- Aug 10, 2016 4:42am Aug 10, 2016 4:42am
- | Joined Nov 2014 | Status: Trader | 1,189 Posts
nescentia necat
- #7,575
- Aug 10, 2016 5:05am Aug 10, 2016 5:05am
- Joined Sep 2014 | Status: No permanent address | 673 Posts
sincerely, and I have written many times, the merit of DEE in this working group was to push our knowledge, our interest, to areas that have contributed to our daily professional growth and to our method of trading. renko with or without, the discussion points were important and innumerable, made available to the group without any ulterior motive or subterfuge. my affection for this attitude is unchanged and unchallenged. everything else has never counted much in my case, controversy and allegations included. I greet all the young people in this...
sincerely, and I have written many times, the merit of DEE in this working group was to push our knowledge, our interest, to areas that have contributed to our daily professional growth and to our method of trading. renko with or without, the discussion points were important and innumerable, made available to the group without any ulterior motive or subterfuge. my affection for this attitude is unchanged and unchallenged. everything else has never counted much in my case, controversy and allegations included. I greet all the young people in this...
- #7,577
- Edited 5:56am Aug 10, 2016 5:33am | Edited 5:56am
- | Joined Feb 2015 | Status: Trader | 697 Posts
Ger30 -18 +20 +3 +3 +16 +ongoing. (edit. closed for 25)
My morning trades. I made one error...i simply did not want to let DD run above 20 pips. My analysis however was right. I recovered my loss quickly and moved on.
The more time I spend looking and learning about chart patterns/PA, the more convinced I become that this is a repetitive game of pattern recognition fueled by experience. Not saying just look for patterns alone, but of course you must support it with evidence to find high probability trades. I find it difficult to compare my trading now to six months ago....and I wonder what it will be in 6 months to come.
Best, Josh
Edit. Correction - i wrote i closed a trade when i saw 2B develop on 10...that should be 5.
Edit2 - Chart updated.
My morning trades. I made one error...i simply did not want to let DD run above 20 pips. My analysis however was right. I recovered my loss quickly and moved on.
The more time I spend looking and learning about chart patterns/PA, the more convinced I become that this is a repetitive game of pattern recognition fueled by experience. Not saying just look for patterns alone, but of course you must support it with evidence to find high probability trades. I find it difficult to compare my trading now to six months ago....and I wonder what it will be in 6 months to come.
Best, Josh
Edit. Correction - i wrote i closed a trade when i saw 2B develop on 10...that should be 5.
Edit2 - Chart updated.
- #7,578
- Aug 10, 2016 5:42am Aug 10, 2016 5:42am
- Joined Sep 2014 | Status: No permanent address | 673 Posts
Ger30 -18 +20 +3 +3 +16 +ongoing. (edit. closed for 25) My morning trades. I made one error...i simply did not want to let DD run above 20 pips. My analysis however was right. I recovered my loss quickly and moved on. The more time I spend looking and learning about chart patterns/PA, the more convinced I become that this is a repetitive game of pattern recognition fueled by experience. Not saying just look for patterns alone, but of course you must support it with evidence to find high probability trades. I find it difficult to compare my trading...
{quote} Your self observations are very insightful...it is an evolution of the mind this trading business..that is if we surrender to the pulse of the markets.
But first, one has to figure out there is a pulse, and then more importantly, find it and synchronize with it. Thank you for your help in that regard.
Best, Josh
- #7,580
- Aug 10, 2016 5:55am Aug 10, 2016 5:55am
- | Joined Nov 2014 | Status: Trader | 1,189 Posts
Ger30 -18 +20 +3 +3 +16 +ongoing. (edit. closed for 25) My morning trades. I made one error...i simply did not want to let DD run above 20 pips. My analysis however was right. I recovered my loss quickly and moved on. The more time I spend looking and learning about chart patterns/PA, the more convinced I become that this is a repetitive game of pattern recognition fueled by experience. Not saying just look for patterns alone, but of course you must support it with evidence to find high probability trades. I find it difficult to compare my trading...
well done!
nescentia necat