Cwn6161's Trading Log

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MightyOne
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Postby MightyOne » Tue Dec 21, 2010 3:59 am

cwn6161 wrote:I got greedy and was looking for a 100 pip move, but missed the market telling me to get out. Bottom line is the area I had the opportunity to take profit but didn't. It also marked a great entry point as well.

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cwn6161
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Postby cwn6161 » Tue Dec 21, 2010 1:00 pm

MightyOne wrote:
cwn6161 wrote:I got greedy and was looking for a 100 pip move, but missed the market telling me to get out. Bottom line is the area I had the opportunity to take profit but didn't. It also marked a great entry point as well.

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Yeah, brutal wasn't exactly the word I used when I turned on my platform and saw that :shock:

Live and (hopefully) learn...

cwn6161
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Postby cwn6161 » Wed Dec 22, 2010 3:32 am

Here we go. Took a loss trying to go with the long momo, and when I got stopped out I flipped to short.

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Postby Belkin » Wed Dec 22, 2010 12:30 pm

cwn6161.

I have gotten better results on the Blind Mouse when I enter at the daily extreme when it matches the weekly or monthly extreme also.

cwn6161
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Postby cwn6161 » Wed Dec 22, 2010 3:04 pm

Things have been a bit range bound lately - profit is being lost on both sides. Even though there was large long momo again, the short profit from yesterday had been almost completely zeroed out, so my thought was to short until the long profit was zeroed.

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Postby aliassmith » Wed Dec 22, 2010 3:37 pm

cwn6161 wrote:Things have been a bit range bound lately - profit is being lost on both sides. Even though there was large long momo again, the short profit from yesterday had been almost completely zeroed out, so my thought was to short until the long profit was zeroed.

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Ya I was in that trade also. Seemed to take to long to go through the low
so I bailed. Was looking for 1.3040 really, Oh well! Made profit and there will
be other trades.
Trade Your Way as Long as It Makes Money!

cwn6161
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Postby cwn6161 » Thu Dec 23, 2010 1:37 pm

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Still playing the up/down moves. I missed the drop this morning... couldn't find a good spot to get in and price had almost reached the prior low again. I may take my chances and look for a long.

cwn6161
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Postby cwn6161 » Wed Dec 29, 2010 5:49 pm

It's past 12 and I've got stuff to do! Taking profit now.

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MightyOne
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Postby MightyOne » Wed Dec 29, 2010 8:17 pm

cwn6161 wrote:It's past 12 and I've got stuff to do! Taking profit now.

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It is never incorrect to exit above momo so no tears man :wink:
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cwn6161
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Postby cwn6161 » Mon Jan 03, 2011 4:35 pm

Entered short on the 15min chart from the top line. I intended to let it go for a while, but I completely forgot to look at the 4H for momo. Missed a great long entry (bottom line) and got stopped out! Must remember to check momo direction...

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