lukx zline trading log + cfabian p.35 + adaseb p.48

free & uncensored discussion arena for TheRumpledOne

Moderator: moderators

User avatar
PTG
rank: 500+ posts
rank: 500+ posts
Posts: 645
Joined: Thu Jan 08, 2009 2:24 pm
Reputation: 2
Gender: Male
Contact:

Postby PTG » Wed Jan 27, 2010 2:06 pm

IN-XS wrote:Thats the area's I have marked out, so I am on the right lines, I was thinking there might be a pullback when the first target is hit at 1.6200, then after the pullback I will be looking to short again!


There could be a bounce there indeed.

Or not :wink:
This is my new signature: "new signature".

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
IN-XS
rank: 150+ posts
rank: 150+ posts
Posts: 304
Joined: Tue Jan 27, 2009 12:00 am
Reputation: 0
Location: UK
Gender: Male

Postby IN-XS » Wed Jan 27, 2010 2:14 pm

Looks like it went staight through, shame I already closed mine. It seemed to be slowing down so I got out!

User avatar
PTG
rank: 500+ posts
rank: 500+ posts
Posts: 645
Joined: Thu Jan 08, 2009 2:24 pm
Reputation: 2
Gender: Male
Contact:

Postby PTG » Wed Jan 27, 2010 2:15 pm

IN-XS wrote:That's another thing, how far away do you place your stops? I have found mine are getting hit, just before it turns around. Thanks for the previos answers and for all your help PTG I appreciate it.


You're welcome.

Depends on the pair and the timeframe you use.

Don't try to make them too small. Better take larger stops and reduce your position size.

Some pairs overshoot quite a bit, others don't.

First target hit by the way, I now have a free trade in my pocket :lol:

Saved by the bell. :shock:
This is my new signature: "new signature".

User avatar
PTG
rank: 500+ posts
rank: 500+ posts
Posts: 645
Joined: Thu Jan 08, 2009 2:24 pm
Reputation: 2
Gender: Male
Contact:

Postby PTG » Wed Jan 27, 2010 2:17 pm

IN-XS wrote:Looks like it went staight through, shame I already closed mine. It seemed to be slowing down so I got out!


Patience my friend. Patience.

Learn to sit on your hands.

Make sure you have a tradeplan and execute it to the letter. That will help. Don't improvise. Plan your trades and you will be fine.
This is my new signature: "new signature".

User avatar
IN-XS
rank: 150+ posts
rank: 150+ posts
Posts: 304
Joined: Tue Jan 27, 2009 12:00 am
Reputation: 0
Location: UK
Gender: Male

Postby IN-XS » Wed Jan 27, 2010 2:27 pm

Thanks again PTG I am just stuggling today, thats all. Got to stay positive I can win them back!

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
scratty
rank: 150+ posts
rank: 150+ posts
Posts: 359
Joined: Wed Nov 11, 2009 9:42 am
Reputation: 0
Gender: Male

Postby scratty » Wed Jan 27, 2010 2:34 pm

i was out too early too...

@PTG: Patience is the key! your so right.
Lose professionally!

User avatar
pablo101
rank: 500+ posts
rank: 500+ posts
Posts: 841
Joined: Tue Jun 30, 2009 3:10 pm
Reputation: 0
Real name: Pete
Gender: None specified

Postby pablo101 » Wed Jan 27, 2010 3:59 pm

lukx wrote:six pack I think I'm close :)
Image


Looks like you've been busy with photoshop lol :lol:
What line? The line that tells you which way you are trading! - MO

User avatar
PTG
rank: 500+ posts
rank: 500+ posts
Posts: 645
Joined: Thu Jan 08, 2009 2:24 pm
Reputation: 2
Gender: Male
Contact:

Postby PTG » Wed Jan 27, 2010 4:03 pm

IN-XS wrote:Thanks again PTG I am just stuggling today, thats all. Got to stay positive I can win them back!


Just follow the rules that you have put on paper (I hope :wink: )
This is my new signature: "new signature".

User avatar
adaseb
rank: 500+ posts
rank: 500+ posts
Posts: 871
Joined: Fri Aug 21, 2009 5:20 am
Reputation: 0
Gender: None specified

Postby adaseb » Wed Jan 27, 2010 4:15 pm

Yeah I tried shorting GU twice.

Once got stopped for -15 pip and currently in the short at 1.62264

Will post charts later.

User avatar
IN-XS
rank: 150+ posts
rank: 150+ posts
Posts: 304
Joined: Tue Jan 27, 2009 12:00 am
Reputation: 0
Location: UK
Gender: Male

Postby IN-XS » Wed Jan 27, 2010 4:31 pm

Yeah I have rules PTG, but that wasn't the problem I was trying to find supply and demand area's I was always close to the turning point, but my stoploss always took me out. I think I might lower my lotsize and increase my stoploss like you suggested. How do you find supply and demand area's, what timeframe do you study? Thank for your help.

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.


Return to “TheRumpledOne”