lukx zline trading log + cfabian p.35 + adaseb p.48
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- Braathen
- rank: 500+ posts
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Anyway so im sitting here with a long nose.. all that patience and .. yeah well i thought id show my 15m (1H overlay) analisys.. now i feel like im on the right track.. would love something on comparing MOMO MO (lol). So patience is key ... this is what u mean by premomenteum trading.. as in not waiting for fail and then momo?
Btw i also think that the chart showed us it was gonna make a new high by dipping so fast into the momo (this is why i did not take the short)
**Edit** Wicks under fail are wicks in the direction of loss.. momo going away from fail line is body in the direction of profit?
Btw i also think that the chart showed us it was gonna make a new high by dipping so fast into the momo (this is why i did not take the short)
**Edit** Wicks under fail are wicks in the direction of loss.. momo going away from fail line is body in the direction of profit?
"Trading is the ability to see & to plan & to act; it is not crystal balls, precision entries, and ego stroking."
MO-
MO-
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- rank: 150+ posts
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arrrg
as P.O.D. sings 'BOOM, here comes the BOOM, ready or NOT...'
well I was singing this morning as I woke up 'BOOM, I MISSED THE BOOM'
The Japs had all the fun. Took only +15 pips of the pie with a limit hoping it will retrace to the BO point.
And it was a classic.... very good trade according to my understanding of 'favourable conditions'.
cheers.
well I was singing this morning as I woke up 'BOOM, I MISSED THE BOOM'
The Japs had all the fun. Took only +15 pips of the pie with a limit hoping it will retrace to the BO point.
And it was a classic.... very good trade according to my understanding of 'favourable conditions'.
cheers.
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