Bettleboxs Breakdown of Zlines and MoMos

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bettlebox
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Postby bettlebox » Tue Oct 25, 2011 1:24 pm

patience paided off, the market knew i woke up late came back picked me up lol. Hit my target guess call it a day.

There are two forces acting upon us: Suffering pushes us forward from behind and pleasures entice us and pull us forward.

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Postby bettlebox » Tue Oct 25, 2011 1:50 pm

Had shower come back did full 100 odd pips reversal. In my trade i was target that 1 hour momo but had bit lucky on my side price blew through top all way to 53. I saw the resistance to left , i gave chance to go higher but came back took it at 50.


Glad i wasnt greedy. :D



BB
There are two forces acting upon us: Suffering pushes us forward from behind and pleasures entice us and pull us forward.

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Postby bettlebox » Tue Oct 25, 2011 3:00 pm

As most probably guessed by now i like to draw pictures lol. I do studys and draw pictures on topics. I dont like re-read stuff when simple picture can remind me. Here is why having a trade plan and trade journal are important.

Trade Plan is document describes your edge, money management and exitst.

Trade Journal is record of you trades ie pair you trade, buy/sell, enter and exit price, risk, stop loss, reasons you took the trade.


On the seesaws in picture i put the number enemy of a trader. One of the simples ways to maintain balance is with your trade plans. Espically the Trade journal this works like magic on your trades. If you like take stupid trades and you have to write it down in your trade journal trust me you will soon stop taking those trades. Why? because your making yourself accountable for your actions.



BB
There are two forces acting upon us: Suffering pushes us forward from behind and pleasures entice us and pull us forward.

lionelg1998
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Postby lionelg1998 » Wed Oct 26, 2011 3:23 am

Good thread BB, Keep up the good work.

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Postby bettlebox » Wed Oct 26, 2011 8:40 am

Thxs Lion

lionelg1998 wrote:Good thread BB, Keep up the good work.
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Postby bettlebox » Wed Oct 26, 2011 8:42 am

There are two forces acting upon us: Suffering pushes us forward from behind and pleasures entice us and pull us forward.

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Postby bettlebox » Wed Oct 26, 2011 11:15 am

No Mr Cat im not coming out to play today :D
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Postby bettlebox » Wed Oct 26, 2011 4:02 pm

No signals for me today. Im only looking at 1 index at moment EurUsd. Until im consistently making money.

Hopefully tomorrow i will get setup :).
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Postby bettlebox » Wed Oct 26, 2011 5:11 pm



There are two forces acting upon us: Suffering pushes us forward from behind and pleasures entice us and pull us forward.

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Postby bettlebox » Wed Oct 26, 2011 5:40 pm

There are two forces acting upon us: Suffering pushes us forward from behind and pleasures entice us and pull us forward.

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