Never Lose Again
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Again and again
I try to take less trades.
Again, 2 losers here
Ok, 5min is not working again. Lets try 15m.
Oops, SL got hit again
This is getting very funny.... Or not?
Again, 2 losers here
Ok, 5min is not working again. Lets try 15m.
Oops, SL got hit again
This is getting very funny.... Or not?
- aliassmith
- rank: 5000+ posts
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Re: Again and again
Azuremaster wrote:I try to take less trades.
Again, 2 losers here
Ok, 5min is not working again. Lets try 15m.
Oops, SL got hit again
This is getting very funny.... Or not?
on my charts it looks like you bought into a 4h Zl, I was looking for shorts around there but failed to pull the trigger...
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- aliassmith
- rank: 5000+ posts
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- Joined: Tue Jul 28, 2009 9:50 pm
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Re: Again and again
Azuremaster wrote:I try to take less trades.
Again, 2 losers here
Ok, 5min is not working again. Lets try 15m.
Oops, SL got hit again
This is getting very funny.... Or not?
On your M15 chart, I can see why you entered where you did.
I still think it was a little low. Entry should be closer to the point
of the arrow you have there.
The trade clearly was looking "shady", 3 candles closed against you.
It was time for a near breakeven exit, -6ish at the most.
Note: The long red candle before your entry candle. It hit a zeroline
previous to coming back up. Keep an eye out for those type of situatiuons.
Trade Your Way as Long as It Makes Money!
Azuremaster wrote:Frustrated....
Bullshit?
nope
just price action
maybe you and lukz should sit across from each other and bounce negative ideas of each others foreheads
you guys do not realize how important the correct mindset is
again you are looking at it as just bec. there is a setup that it must work out correctly no matter what
that's not how this works--- you have to be discretionary and adapt to what the market does
and again the zl/ mz did what it was supposed to do it held the area at least for the short term
price sold off back into another zl for the longs--
was it smaller than the down momo yes--- but the market on the inside was saying it may go long of that area--- so you try to trade long and see what happens--- if the long would have not worked i would have still been thinking short from the down momo and flipped it and traded that direction
but if the market is going up you have to trade long
and if it is going down you have to trade short
look inside and trade it
i traded short off the down momo and then traded long off the up momo
braathen's chart was how i traded the long
Bend over and assume the position for another 4 years of hope and change.
Re: Again and again
Azuremaster wrote:I try to take less trades.
Again, 2 losers here
Ok, 5min is not working again. Lets try 15m.
Oops, SL got hit again
This is getting very funny.... Or not?
all of those trades could have been exited at be--
on the m15 why try and short it at the bottom when there were 3 trades off the top that would have worked.
all of this is said without looking at the other time frames---
but still just looking at the m5 or m15 one could trade that sequence and make pips
you need to spend some time looking at charts and figuring out why some work and some dont and how to deal with those situations
Bend over and assume the position for another 4 years of hope and change.
- aliassmith
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