tough day in the neighborhood for me a -15 +10 +17 -5 +8 for+15 minus commission net a little 10
2nd Day trading this way. Quite happy with my trading made +22T, that includes a stop loss of 15 on one of my trades.
Before the trading session, I usually mark out on my chart areas of consolidation and areas of S & R.
Unfortunately, I never dragged my area of consolidation at the top of the market across and my losing trade was straight into the top of that area.
Should never have taken it until it was broken. That said another good learning experience.
Before the trading session, I usually mark out on my chart areas of consolidation and areas of S & R.
Unfortunately, I never dragged my area of consolidation at the top of the market across and my losing trade was straight into the top of that area.
Should never have taken it until it was broken. That said another good learning experience.
'May God guide you on your life's journey...'
reminds me of an oldey but goodey MY fair lady By George you got it the rain from spain falls mainly on the plain good job WW
Thanks Vape
'May God guide you on your life's journey...'
- #627
- Feb 24, 2017 10:52am Feb 24, 2017 10:52am
- | Joined Feb 2006 | Status: Trader | 1,392 Posts
First losing day since Feb 6 : -9 
I'm going to have to do what the lovely Audrey Hepburn suggests to the horse, Dover :
I'm going to have to do what the lovely Audrey Hepburn suggests to the horse, Dover :
Inserted Video
- #629
- Feb 24, 2017 11:22am Feb 24, 2017 11:22am
- Joined Jul 2010 | Status: Trader | 9,189 Posts
First losing day since Feb 6 : -9
- #631
- Feb 24, 2017 12:06pm Feb 24, 2017 12:06pm
- | Joined Nov 2012 | Status: Trader | 3,121 Posts
yes tough day .. here's what i saw:
Become the casino
- #633
- Feb 24, 2017 12:49pm Feb 24, 2017 12:49pm
- Joined Apr 2011 | Status: NQ eta moi lybov... | 3,030 Posts
Just came across a chart from a year ago (almost to the day) of the Q's (weekly), highlighting what i said about recognising ABC's as corrective = HH's to follow;
and today's;
That's quite a few ticks, truth be told!
and today's;
That's quite a few ticks, truth be told!
GoFundMe -stage-4-glioma-brain-cancer-fighter (link in my profile)
- #635
- Feb 24, 2017 2:26pm Feb 24, 2017 2:26pm
- | Joined Nov 2012 | Status: Trader | 3,121 Posts
anyone get the 123 after lunch
Become the casino
- #639
- Feb 24, 2017 7:59pm Feb 24, 2017 7:59pm
Hi Div,
May I ask for the reason behind why you waited for another pullback to form before placing an order, and not after the high was taken out? Prior to forming the latest pullback wherein after you've set your order, there was a recent pullback that could've been a good spot also..
Thanks for showing to us this kind of method. It's a simple but profitable method. Looking forward to trading live this 2017!
David
Thanks. Good luck to you also
May I ask for the reason behind why you waited for another pullback to form before placing an order, and not after the high was taken out? Prior to forming the latest pullback wherein after you've set your order, there was a recent pullback that could've been a good spot also..
Thanks for showing to us this kind of method. It's a simple but profitable method. Looking forward to trading live this 2017!
David
{quote} I would say so. I like it because it's light (can run off a pen drive), easy broker hookup, and easy chart management/organization. I have some friends who trade some serious size who like sierra but don't use it because 'it's ugly'. I kid you not, lol. Personal preference, to an extent. Personally I would just advise staying away from Ninjatrader and a few others as they are known to be buggy in real-time. I would also advise paying for your own data source and use your broker's dom for entering, as once in a blue moon the broker's data stream will go down and you may need to monitor a trade, or vice versa. This protects you on both fronts. Best of luck