Also short on this one, got in a bit early, but it paid off luckily!
lukx zline trading log + cfabian p.35 + adaseb p.48
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- aliassmith
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newschool wrote:aliassmith,
yes, I simply draw trend lines. I also use them as (manual trailing) SL when the support/resistance is too far.
But I will add that there are many differences between stocks and Forex so I just wanted to make a parallel, not a definitive assumption.
"The trend is your friend"...
Yes, I kinda figured that is what you was showing in your pic.
"The Yearly trend is your friend"
"The Monthly trend is your friend"
"The Weekly trend is your friend"
"The Daily trend is your friend"
"The H8 trend is your friend"
"The H4 trend is your friend"
"The H1 trend is your friend"
"The M30 trend is your friend"
"The M15 trend is your friend"
Which one is the "real" trend ?
I believe trends are just as discretionary as anything else in trading.
Trade Your Way as Long as It Makes Money!
- aliassmith
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pablo101 wrote:Here's my trades for today. All trades are keeping with the H1 colour, the first 15 min I went for smaller pips, second trade with at a H1 Z so held for more pips and current short trade is at 5 min and triple/quad top (whatever) and got in from 5 min momo Z keeping with red H1 candle. I wish I could see the market everyday like this but some days I'm blind as a bat! I HOPE I'm getting better.
Thanks for the last posts Aliassmith, I'm staying in trades for longer
Just my observations from being a chartist and studying other successful
traders
Trade Your Way as Long as It Makes Money!
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- aliassmith
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- rushN4
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here are my trades for today..not really good...
first on was on a previous 1h Open. -17 pip
second on 4h zl +1h 50% level -18pip
third on 15min zl + previous 1h open. +15 pip
missed the best moves
dragon can you please show us your trades on g/u today and make some comments ?
first on was on a previous 1h Open. -17 pip
second on 4h zl +1h 50% level -18pip
third on 15min zl + previous 1h open. +15 pip
missed the best moves
dragon can you please show us your trades on g/u today and make some comments ?
No matter where life takes you, you will always check the market and always want to continue being a part of it. It's like that first true love, it will always be there no matter what the distance, no matter whether they are alive or dead.
Price moved 50 pips or so and then retraced and hit your SL if any, and then went down to your targets.
At the moment of that retrace, I was long biased... didn't see a short opportunity and it screwed me.
Any comments on my pic?
At the moment of that retrace, I was long biased... didn't see a short opportunity and it screwed me.
Any comments on my pic?
pablo101 wrote:Here's my trades for today. All trades are keeping with the H1 colour, the first 15 min I went for smaller pips, second trade with at a H1 Z so held for more pips and current short trade is at 5 min and triple/quad top (whatever) and got in from 5 min momo Z keeping with red H1 candle. I wish I could see the market everyday like this but some days I'm blind as a bat! I HOPE I'm getting better.
Thanks for the last posts Aliassmith, I'm staying in trades for longer
WILL GET MY MONEY BACK FROM THOSE BASTARDS, AND I MEAN IT !!!!!
"WAIT FOR PRICE, WAIT FOR PRICE, WAIT FOR PRICE"
"WAIT FOR PRICE, WAIT FOR PRICE, WAIT FOR PRICE"
- pablo101
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cfabian wrote:Price moved 50 pips or so and then retraced and hit your SL if any, and then went down to your targets.
At the moment of that retrace, I was long biased... didn't see a short opportunity and it screwed me.
Any comments on my pic?pablo101 wrote:Here's my trades for today. All trades are keeping with the H1 colour, the first 15 min I went for smaller pips, second trade with at a H1 Z so held for more pips and current short trade is at 5 min and triple/quad top (whatever) and got in from 5 min momo Z keeping with red H1 candle. I wish I could see the market everyday like this but some days I'm blind as a bat! I HOPE I'm getting better.
Thanks for the last posts Aliassmith, I'm staying in trades for longer
Hi cfabian
The short I took was an earlier entry. It was off a 5 min momo with H1 colour and it was a buzzard. I got out too early anyway. After that I went to sleep
I agree on your long at #1 but #2 looks dodgy as it looks close to the pivot to the left, a double top setup to me. This is from hindsight so you may have saw something else
WAS A YALE STUDENT. Now? Let's see!
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