Cwn6161's Trading Log

cwn6161 · Post by **cwn6161** » Tue Jan 04, 2011 2:20 am

After seeing the gap filled and huge huge momo, I had to try and short. Those big bars kept screaming "zero me out!!"

I saw what happened earlier today and took a quick grab at some of the profits.

cwn6161 · Post by **cwn6161** » Tue Jan 04, 2011 3:32 pm

Arrrrg!

Tried shorting a few hours ago on the EU but stopped out, and haven't found a good place to get it on this drop.

cwn6161 · Post by **cwn6161** » Wed Jan 05, 2011 2:34 pm

Yesterday was frustrating as I kept trying to go long to catch a zline and reverse, but the zlines never really came. Today showed more promise and I entered short on a H1 zline. Took profit at the 12-29 breakout.

aliassmith · Post by **aliassmith** » Wed Jan 05, 2011 4:24 pm

cwn6161 wrote:Yesterday was frustrating as I kept trying to go long to catch a zline and reverse, but the zlines never really came. Today showed more promise and I entered short on a H1 zline. Took profit at the 12-29 breakout.

Yes yesterday was tough. Some of those zlines were getting ran through.
Good thing today was better and I made it all back plus. 160 pip move down
with a small piece still running short.

cwn6161 · Post by **cwn6161** » Thu Jan 06, 2011 3:39 pm

Stopped out once trying to go long. Saw the spike up and gave it a shot on the short side.

cwn6161 · Post by **cwn6161** » Thu Jan 06, 2011 6:11 pm

Shoulda coulda woulda held longer...

I'm trying not to make TPs that have no significance to the chart. I need to work on when to take profit while in a trending market.

FXfreak · Post by **FXfreak** » Fri Jan 07, 2011 7:49 am

cwn6161, i trade exactly the same system on m15 eu. congratulations on your trades! we are often in the exact setups ;-)

nice thread, please keep on posting :-)

Sandra · Post by **Sandra** » Tue Jan 11, 2011 9:01 pm

oooh, la,la I love this forum!

Sandra

cwn6161 · Post by **cwn6161** » Tue Jan 11, 2011 9:13 pm

Well done!

I've been thrashed around today as I looked for a bigger move.

cwn6161 · Post by **cwn6161** » Tue Jan 18, 2011 3:00 pm

The last week has been nothing but a series of losses for me, which makes me feel like the wins I were getting were just luck.

I think the biggest cause for my failures is from trying to force a trade right when I wake up. I also need to look at price action more - too often I'll see an extreme and a zeroline to enter in the opposite direction, but I confuse the correction with a reversal.