Friday, November 20, 2009
11- again pulled up the support area at 64 where it hit a few times earlier, had yellow waited for a price stall and shorted, grabbed a few more to add to the total.
A quick note, we all struggle with holding on to trades, wanting to strike quick and fast in and out which is great, but you, me all of us need to recognize when we are in a trade that has a HP chance of paying us nice. So have a bit more patience, what is the worse case scenerio you lose a few pips instead of banking them vs. more times then not if you have patience you will get more pips from winning entries, instead of closing the winners to soon and the losers to late. I know, easier said then done but again it comes back to recognize you are in a HP setup and let it develope. All of us can do this and make your dreams happen, some of us are new some old but we are all on the same journey. Start participating in the blogs and forums, ask questions, point things out, post your trades, be active and KEEPING F****** TAKING YOUR TRADES!!!!!
felt the bias is still down took the short as price dipped under the tma at 50, rode it down was hoping for a big push but got yellow and green telling me a stall or reversal so i heard the alert go off, closed the trade and entered the other way with one click and grabbed a few the other way. Me likey these kind of trades..
Thursday, November 19, 2009
Wednesday, November 18, 2009
then the damn mkt exploded up, i was waiting for the dow to open but this was pushing up and stalling so i figured i could jump in quick with tight s/l in place and grab 1-3 a trade depending on execution so that is what i did, really just a reaction. I see the price moving strong and know there will be a pause to grab a few, if not exit minus a few BUT KEEP TRADING!!!!
Tuesday, November 17, 2009
#5 The bias is down, took the first short at 61 and when it broke it higher i exited small loss but HELLO
#6 again i got back into the short market and rode this down, once it hit the previous low i exited hlaf my position then i let the other half run. I saw on my 4hr chart the first support area was at 29ish, sometimes it blast past it for more other times it only comes close. Any way as it started to stall i closed another position. Nice trade....
Monday, November 16, 2009
#2 saw yellow counter trend tight sl. lost a few
#3 same trade, made it back
#4 felt bias was still up took a buy it broke against me so i lost a few
#5 again felt bias was up, it eventually went up but i did not take profit thinking it was breaking higher again took a loss