Kreslik.com - traders community since 2006

IgazI wrote:While it is my every wish the DXY would fall, I don't believe that is going to happen before we head to new highs. . .



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It's trying to get there.
I'm keeping an eye on the 104 level for possible reversals

Dont know what is wrong with the markets. Feels like a bankholiday...

nice run, so about a four hour duration by looks, do you keep tabs on it with your phone or are the near the PC mainly? In the beginning I managed it more (laptop) untill the first pullback finished. After that I knew it was going for the adr (orange line) and I was having diner. When it sliced thr...

Second day in a row US30 was kind for me. Tried a short first while I knew they way to go was probably up. Took this bad boy and was able to stay on top to the end. I did take a hedge at the pullback but let that one run back into b.e. I also like these trades when price keeps going and going. Only ...

Markets realy did not want to cooperate today.
I hate it when I'm not in sync and losses pile up.

Today I just took two trades in the evening. First trade was an inside bar. Second trade; price broke that intermediate high, created a fvg and tipped back into the fgv. SL < 1 pip. Too bad there was no follow through. Both trades are completely different styles --> Monkey style trading :smt101 2401...

I see your point and it would be great if I could minimise my losses. I just don't see how these trades would have benefitted. Obviously the second trade, a cost trade, wouldn't have been a full loss. But the profit trades would have made less not so? For slightly longer term trades I do see a huge...

The question I have is whether you are wrong because of 'A' or 'B'. An easy, and better(?), way to control this size of your losses is to enter in 6ths: - short 1, if it doesn't turn into a 'B' situation then short another 1. - short 2, if it doesn't turn into a 'B' situation then short another 2. ...

Didn't plan to post this chart for various reasons and initially marked it up for my personal archive. I do think there is some learning value in this chart so here it goes.... The first entry was a nice entry. It is a mixed entry; inside bar; I like to enter short early when price has just took the...

So...time for a new avatar?