US30 19:00 IB trade....again. 1st bullet targets the previous high (close price) and second bullet target was the high reached before the second pullback after my entry. (hope that makes sense). Both set and forget because I was having diner
Now, this evening I traded my 19:00 trade. It's dead simple; US30 and a m5 deadhorse. Target the inside bar and trade it. First trade, one candle after 19:00 candle was an IB and it went ok but I felt there was more... Second trade I cheated and imagined that bar was an inside bar and targeted the ...
Now, this evening I traded my 19:00 trade. It's dead simple; US30 and a m5 deadhorse. Target the inside bar and trade it. First trade, one candle after 19:00 candle was an IB and it went ok but I felt there was more... Second trade I cheated and imagined that bar was an inside bar and targeted the h...
End of the day and it was fun. And yes, I know I sound stupid; first writing that my trading sucks and then coming back writing I did +25R today. I guess these are the learning steps. Now for the chart; See how there were 2 losing trades at the end of the yellowish rectangle. Both were shorts at a ...
End of the day and it was fun. And yes, I know I sound stupid; first writing that my trading sucks and then coming back writing I did +25R today. I guess these are the learning steps. Now for the chart; See how there were 2 losing trades at the end of the yellowish rectangle. Both were shorts at a m...
Soon I will have to start at a new day job. At first I was a bit sad that I am not good enough to trade for a living but now I'm primarily focussing on how to make trading work when having a day job. There will be some different components but the two main components I will try to work out are 1) T...
Soon I will have to start at a new day job. At first I was a bit sad that I am not good enough to trade for a living but now I'm primarily focussing on how to make trading work when having a day job. There will be some different components but the two main components I will try to work out are 1) Tr...
Are you usually taking trades after a close or at the low/high of the prev candle? It depends on how price is moving and how I am trading Usually I don't wait for the candle to close and enter when a previous close price is broken and anticipate in price moving in my direction. If price is trading ...
This morning again was a nice morning. Price came in the same supply zone where yesterdays down move started and I shorted it when a double top formed. (6 months ago I would definitely go long at this very same level or worse I would go long after my short from yesterday got zeroed out) After price ...
This was a nice trade. Price was hesitating going higher. First it looked like a pullback was coming so I shorted it with the idea to take profit in that demand zone. When price reacted in the demand zone I took partials but something told me there was more downside. Price reversed and gave me a nic...