NU
23pips @1stDouble
As much as I wanted to hold on for the sake of catching a daily trend,
I don't think there is much point in holding Short if PA is maintaining its place above the M30 candle I point to on the chart.
Entry. I really like the entry on this one
1stDouble. Manual Add-In
Higher timeframe outlook
Manual TP, since PA is maintaining above the M30 fractal pivot I point to
Now, I just need to not f ck up in trying to find a re-entry Short, since that is still where I see the daily PA trending towards.
TygerKrane's Pip-Pickpocketing
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- TygerKrane
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Re: TygerKrane's Pip-Pickpocketing
**Krane catches Tyger** !>I'm here to chew bubble gum and make major pips...and I'm all out of bubble gum.<!
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Re: TygerKrane's Pip-Pickpocketing
My Dilemma, 2:
¿Continue my NU Short, or, look for Long PA Exhaustion on UCad and start shorting there?
NU
UCad
※※And I am resisting the urge to look at any Currency Correlation charts to influence my decision making process.※※
¿Continue my NU Short, or, look for Long PA Exhaustion on UCad and start shorting there?
NU
UCad
※※And I am resisting the urge to look at any Currency Correlation charts to influence my decision making process.※※
**Krane catches Tyger** !>I'm here to chew bubble gum and make major pips...and I'm all out of bubble gum.<!
- TygerKrane
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Re: TygerKrane's Pip-Pickpocketing
Still haven't taken an entry yet on either...
But you can probably understand why I am worried that I might have messed up / missed a good re-entry Short on NU...
And this is why Uncle Krane can't buy tons of Christmas presents for all his amazing and deserving nieces & nephews...
NU
UCad
But you can probably understand why I am worried that I might have messed up / missed a good re-entry Short on NU...
And this is why Uncle Krane can't buy tons of Christmas presents for all his amazing and deserving nieces & nephews...
NU
UCad
**Krane catches Tyger** !>I'm here to chew bubble gum and make major pips...and I'm all out of bubble gum.<!
- TygerKrane
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Re: TygerKrane's Pip-Pickpocketing
This is how I am starting out my Friday.
I have screenshots of the whole trade process, I'll post that up over the weekend.
I do want to just take the profit, but I am itching to get into some kind of daily trend (since I closed my NU Short).
The trade is currently @2ndDouble, and you can see my TP on the weekly chart
If I get stopped at my AVG line, I will be -0.5% for the week.
I really do want the week to end positive, but I will never ride a daily trend (and get those magnified gains) if I am too fearful, and always closing trades when the movement slows down...
From my 2ndDouble AVG line, ~116pips will get me to the next waypoint.
And if I manage a 3rdDouble, then I will only need ~58pips (from wherever that AVG line is) to make it to the next waypoint.
.
I have screenshots of the whole trade process, I'll post that up over the weekend.
I do want to just take the profit, but I am itching to get into some kind of daily trend (since I closed my NU Short).
The trade is currently @2ndDouble, and you can see my TP on the weekly chart
If I get stopped at my AVG line, I will be -0.5% for the week.
I really do want the week to end positive, but I will never ride a daily trend (and get those magnified gains) if I am too fearful, and always closing trades when the movement slows down...
From my 2ndDouble AVG line, ~116pips will get me to the next waypoint.
And if I manage a 3rdDouble, then I will only need ~58pips (from wherever that AVG line is) to make it to the next waypoint.
.
**Krane catches Tyger** !>I'm here to chew bubble gum and make major pips...and I'm all out of bubble gum.<!
- TygerKrane
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Re: TygerKrane's Pip-Pickpocketing
My Dilemma, (continued)
Still trying to determine my best action.
Perhaps I am being too stingy with my OPM... I *did* close the NU Short with 23pips @1stDouble, afterall. Additionally, I am also still in profit for the week.
Maybe I would feel less pressure if I only focus on doing my re-entry here at EntrySize.
Also, note the two @EntrySize Short Orders I have placed on the UCad.
NU
UCad
Still trying to determine my best action.
Perhaps I am being too stingy with my OPM... I *did* close the NU Short with 23pips @1stDouble, afterall. Additionally, I am also still in profit for the week.
Maybe I would feel less pressure if I only focus on doing my re-entry here at EntrySize.
Also, note the two @EntrySize Short Orders I have placed on the UCad.
NU
UCad
Last edited by TygerKrane on Fri Dec 08, 2017 5:34 am, edited 1 time in total.
**Krane catches Tyger** !>I'm here to chew bubble gum and make major pips...and I'm all out of bubble gum.<!
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Re: TygerKrane's Pip-Pickpocketing
...EG Short, (continued)
Soo tempting to just close out with 60pips @2ndDouble here.
Wow, how difficult it is just trying to hold a trade open for two consecutive days...probably b/c my trading skill usually makes losing weeks rather than winning weeks
Note:
The entry order on the chart; The 3rdDouble Add-In, plus a 20pip TP after that (to close all entries), gets me to the next waypoint.
Soo tempting to just close out with 60pips @2ndDouble here.
Wow, how difficult it is just trying to hold a trade open for two consecutive days...probably b/c my trading skill usually makes losing weeks rather than winning weeks
Note:
The entry order on the chart; The 3rdDouble Add-In, plus a 20pip TP after that (to close all entries), gets me to the next waypoint.
**Krane catches Tyger** !>I'm here to chew bubble gum and make major pips...and I'm all out of bubble gum.<!
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EG Short attempt, full description
This one is a long post
Let's fully go through my trade attempt on EG
EG
2.5pips @3rdDouble
Manual Entry
Set Sell Stop Order for 1stDouble
1stDouble Entry triggered
Thoughts to myself that usually happen around this part of my trade:
Add-In @2ndDouble, thinking that spike Long was maybe a Zline
Higher timeframe view of the trade at that point
D1/H3/M30
W1/D1/H3
Set Add-In for 3rdDouble and TP to reach waypoint
D1/H3/M30
W1/D1/H3
3rdDouble Entry triggered
Stopped out @0.8736
Afterwards; my target was never reached in any case
D1/H3/M30
W1/D1/M5
Let's fully go through my trade attempt on EG
EG
2.5pips @3rdDouble
Manual Entry
Set Sell Stop Order for 1stDouble
1stDouble Entry triggered
Thoughts to myself that usually happen around this part of my trade:
Add-In @2ndDouble, thinking that spike Long was maybe a Zline
Higher timeframe view of the trade at that point
D1/H3/M30
W1/D1/H3
Set Add-In for 3rdDouble and TP to reach waypoint
D1/H3/M30
W1/D1/H3
3rdDouble Entry triggered
Stopped out @0.8736
Afterwards; my target was never reached in any case
D1/H3/M30
W1/D1/M5
**Krane catches Tyger** !>I'm here to chew bubble gum and make major pips...and I'm all out of bubble gum.<!
- TygerKrane
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Re: EG Short attempt, full description
TygerKrane wrote:This one is a long post
Let's fully go through my trade attempt on EG
EG
2.5pips @3rdDouble
Why I moved my SL to +2.5pips, instead of exiting somewhere around +28pips ~ +38pips @3rdDouble:
¹ Wanting to hold a trade to catch a daily trend (if necessary, if my TP wasn't hit on Friday)
² Not wanting to have a losing week
³ Having the TP to reach a waypoint within the range of a daily candle
(Additionally, I was thinking that price wouldn't bounce up more than 30pips from the psychological number, .8700)
¤¤¤¤¤¤¤¤¤¤¤¤¤¤
At my AVG line, my account was at @-0.5%.
My risk box is 0.6%, and at 3rdDouble size I lose 0.6% every 2.5pips.
Sometimes I will add additional risk boxes into a trade to instantly give myself more space, but I would feel VERY stupid if I went from +6.7% on the week, to -2.5%. [4 risk boxes at 3rdDouble is 10 pips of space].
I am not sure what the lesson in all of this is supposed to be.
However, I do know that I am supposed to be profitable without riding on a daily trend, since I can't control when one is going to start. So I guess that is what I really need to be working on.
When I focus too much on trying to catch a daily trend, I usually put my account negative since price ends up coming back to my entry.
================
Looking at the chart now, DID NOT imagine that it would rise +60 pips off of the day low (+50 above the psychological number).
**Krane catches Tyger** !>I'm here to chew bubble gum and make major pips...and I'm all out of bubble gum.<!
- TygerKrane
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Re: TygerKrane's Pip-Pickpocketing
TygerKrane wrote:My Dilemma, (continued)
Still trying to determine my best action.
Perhaps I am being too stingy with my OPM... I *did* close the NU Short with 23pips @1stDouble, afterall. Additionally, I am also still in profit for the week.
Maybe I would feel less pressure if I only focus on doing my re-entry here at EntrySize.
Also, note the two @EntrySize Short Orders I have placed on the UCad.
NU
IMG_20171208_000201.jpg
UCad
IMG_20171208_000222.jpg
Stopped trying to get an entry on either pair, after I exited my EG Short. I would've felt stupid to go negative for the week after the money I turned my back on.
Here is how the two pairs moved though, after my last screenshot
NU
UCad, (the lower entry would've been triggered, but PA moved back into the area. if I didn't take the quick TP, I probably would've taken a loss, since PA didn't make a sustained short move afterall)
**Krane catches Tyger** !>I'm here to chew bubble gum and make major pips...and I'm all out of bubble gum.<!
- TygerKrane
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Re: TygerKrane's Pip-Pickpocketing
Week 8
Week Ending 12/8/17
0%
Entries: 23
Week High: 0%
Week Low: -3.57%
For this upcoming week, all 5 of my pairs look like they are good candidates for long-term shorts, blessing and a curse, I suppose.
I am hoping most for EG and UCad, however. (But I will admit that the daily chart for NU looks better than the daily chart for UCad.)
Week Ending 12/8/17
0%
Entries: 23
Week High: 0%
Week Low: -3.57%
For this upcoming week, all 5 of my pairs look like they are good candidates for long-term shorts, blessing and a curse, I suppose.
I am hoping most for EG and UCad, however. (But I will admit that the daily chart for NU looks better than the daily chart for UCad.)
**Krane catches Tyger** !>I'm here to chew bubble gum and make major pips...and I'm all out of bubble gum.<!
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