A fresh start! Doji's Trading Journal

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newscalper
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Postby newscalper » Mon Nov 19, 2012 2:23 pm

I'm in EU long atm. UNfortunately took a short earlier as I saw the first low break so it bit me in the backside, lost 9 pips, up 3 on the long so far.
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Postby newscalper » Mon Nov 19, 2012 3:27 pm

And now out - making momo + hitting H4 Mzone. Days profit = 14.4 pips

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Postby bettlebox » Mon Nov 19, 2012 3:40 pm

Hi News

did you take a breakout trade, on 15min where you got the red arrow down on your chart?

BB


newscalper wrote:I'm in EU long atm. UNfortunately took a short earlier as I saw the first low break so it bit me in the backside, lost 9 pips, up 3 on the long so far.
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Postby newscalper » Mon Nov 19, 2012 3:58 pm

Near enough - the exact point and price is on the lower live FXCM chart, the renko thingy was also making a low break at that point

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Postby newscalper » Mon Nov 19, 2012 4:03 pm

Looks like I could have caught a lot more :cry:

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Postby newscalper » Mon Nov 19, 2012 11:06 pm

Maybe I'm nuts taking this at this time of night...
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Postby newscalper » Mon Nov 19, 2012 11:57 pm

Out for a loss. That puts me back to break even. Story of my life

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Postby dojirock » Tue Nov 20, 2012 1:02 am

Never give up news!

Your doing great. It will come.... I took a short for 6 and out and on my 3rd long of the night. Your analysis is right.
"A small loss is just as satisfying as a large gain" -MO
"Sometimes we need to stop learning and start thinking...."
"Once you stack, you'll never go back!"

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Postby dojirock » Tue Nov 20, 2012 1:04 am

That zero line still holds.....long bias.....Keep watching the 3 time frames to get a direction change before you take the trade...alot safer with the bias.
"A small loss is just as satisfying as a large gain" -MO

"Sometimes we need to stop learning and start thinking...."

"Once you stack, you'll never go back!"

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Postby newscalper » Tue Nov 20, 2012 9:59 am

F'k knows?



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