West's Trading Journey

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westcountry
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Re: West's Trading Journey

Postby westcountry » Mon Aug 08, 2016 4:31 pm

Stalking for HOLO trades....stalking for HOLO trades....LOL...waiting...watching....
-West

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westcountry
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Re: West's Trading Journey

Postby westcountry » Mon Aug 08, 2016 5:07 pm

I have an HOLO sell trade now on EJ....based on 5 minute bar that opened in that zone.
Waiting...watching...
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EURJPYproM5HOLO entry.png
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v8power
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Re: West's Trading Journey

Postby v8power » Mon Aug 08, 2016 6:23 pm

westcountry wrote:My StopLoss order hit at BE +1 ...out of trade.
Now, waiting and watching for others...


Haha. I think MO would call that the ultimate cardinal sin, mving your stop to BE. But I don't know exactly the setup your trading so Im not judging

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westcountry
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Re: West's Trading Journey

Postby westcountry » Mon Aug 08, 2016 6:26 pm

Ha Ha !! I hear you on that V8 (and thanks). Since I am totally new to this strategy, I am trying to follow the structure and rules of it. So for now, just trying to stick with the rules, since I have a hard time following structure in regards to anything.

On my recent trade, I was just at +5, so moved my stop to BE +1.
Waiting...
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EURJPYproM15 Moved STOP.png
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v8power
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Re: West's Trading Journey

Postby v8power » Mon Aug 08, 2016 6:30 pm

westcountry wrote:Ha Ha !! I hear you on that V8 (and thanks). Since I am totally new to this strategy, I am trying to follow the structure and rules of it. So for now, just trying to stick with the rules, since I have a hard time following structure in regards to anything.

On my recent trade, I was just at +5, so moved my stop to BE +1.
Waiting...


That's the smart thing to do. Follow the rules and learn to trust what yuour doing. What setup is this if you don't mind me asking?

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v8power
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Re: West's Trading Journey

Postby v8power » Mon Aug 08, 2016 6:32 pm

westcountry wrote:Ha Ha !! I hear you on that V8 (and thanks). Since I am totally new to this strategy, I am trying to follow the structure and rules of it. So for now, just trying to stick with the rules, since I have a hard time following structure in regards to anything.

On my recent trade, I was just at +5, so moved my stop to BE +1.
Waiting...


Im also holding a short on EJ. Thinking/hoping today was the weekly high or at least get a nice down move into tomorrow from this afternoon

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westcountry
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Re: West's Trading Journey

Postby westcountry » Mon Aug 08, 2016 6:35 pm

Hi V8,
Its this strategy here, which I have just been reading up on and learning all weekend:
https://www.kreslik.com/forums/therumpledone/holo-highest-open-lowest-open-trade-t12931

...and to note, MO has some good ideas there too for Money Management. I am just not there yet. For now I am just trying to absorb the basics of that strategy.
Last edited by westcountry on Mon Aug 08, 2016 7:14 pm, edited 1 time in total.

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westcountry
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Re: West's Trading Journey

Postby westcountry » Mon Aug 08, 2016 6:43 pm

My T/P just got hit now at +5 (as price went beyond +10 earlier), so I moved the stop to +5 per the structure I am following here...
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EURJPYproM15 SO.png
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v8power
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Re: West's Trading Journey

Postby v8power » Mon Aug 08, 2016 7:47 pm

westcountry wrote:Hi V8,
Its this strategy here, which I have just been reading up on and learning all weekend:
https://www.kreslik.com/forums/therumpledone/holo-highest-open-lowest-open-trade-t12931

...and to note, MO has some good ideas there too for Money Management. I am just not there yet. For now I am just trying to absorb the basics of that strategy.


Thanks for the link. and your doing it the right way, I was just messing with ya that's all.

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westcountry
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Re: West's Trading Journey

Postby westcountry » Mon Aug 08, 2016 8:12 pm

Hi V8,
Yeah, I know you were. Thanks again for the support - I really appreciate it.
Exits 'while I am in profit' are a new experience for me LOL. But 'being in profit' is a good thing for me to start experiencing more of. So I have to see what works best for me on this.

-West

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