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

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IN-XS
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Postby IN-XS » Wed Jan 06, 2010 12:45 pm

Hoping for a quick scalp on this one, as it looks like it may go long again soon.

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IN-XS
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Postby IN-XS » Wed Jan 06, 2010 12:50 pm

Should I close out this trade now, it looks that way on 1H?!

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IN-XS
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Postby IN-XS » Wed Jan 06, 2010 12:52 pm

But the 4H is showing a differnet story, what should I do? I think I might try and hold on a bit longer.

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Try not to become a man of success but rather to become a man of value.

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IN-XS
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Postby IN-XS » Wed Jan 06, 2010 1:22 pm

I made the sensible choice, I think! And closed all trades, with a nice little profit.

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Postby Braathen » Wed Jan 06, 2010 2:10 pm

thumbs up! experience is what u need... keep going and soon u will find urself holding for ur target or the market tells u diffrent
"Trading is the ability to see & to plan & to act; it is not crystal balls, precision entries, and ego stroking."
MO-

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Postby aliassmith » Wed Jan 06, 2010 3:31 pm

IN-XS wrote:I made the sensible choice, I think! And closed all trades, with a nice little profit.



When in doubt get flat in your positions and rethink your strategy.
There is always another trade!
Trade Your Way as Long as It Makes Money!

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IN-XS
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Postby IN-XS » Wed Jan 06, 2010 6:20 pm

Going short again! Thanks for the above comments by the way.

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Postby IN-XS » Wed Jan 06, 2010 6:21 pm

Image

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Postby IN-XS » Wed Jan 06, 2010 6:27 pm

And short here also.

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Postby cfabian » Wed Jan 06, 2010 7:47 pm

Ok, I agree on the down momo there... but what made you enter in that point in your first short trade?

Second short you where just trading the break out of previous short candle, correct? Why didn't you wait for a pull back/retrace on this one?

As per your previous long trade, you where just trading the break out long, just as that?


Congrats... you made good pips today.

Cheers



pablo101 wrote:Image
WILL GET MY MONEY BACK FROM THOSE BASTARDS, AND I MEAN IT !!!!!
"WAIT FOR PRICE, WAIT FOR PRICE, WAIT FOR PRICE"

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