My boring daily log

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sinchena8
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Re: My boring daily log

Postby sinchena8 » Thu May 19, 2016 4:35 am

Hi V8power,

This is my first trade of the day in the quiet Asian market hours.

This are my entry bases:

1. Momo bar formed
2. Price (denoted by Green bar) retraced but pinned off
3. I waited for another red bar to close
4. Both green and red bars closed below yesterday's low.

Having lost for so long, I didn't have the courage to hold till the next 50% fib level so I exited with a very tiny profit :lol:

Your suggestion on how I can do better is most welcomed.

Image

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prochargedmopar
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Re: My boring daily log

Postby prochargedmopar » Thu May 19, 2016 6:11 pm

You do know that lack of sleep is very detrimental to recovery as an athlete.
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

v8power
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Re: My boring daily log

Postby v8power » Sun May 22, 2016 5:40 am

prochargedmopar wrote:You do know that lack of sleep is very detrimental to recovery as an athlete.


Good gosh I know this from expierence. I can easily add weight and reps to a lift, but miss one nights sleep and I can barely lift my warm ups.

v8power
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Re: My boring daily log

Postby v8power » Sun May 22, 2016 6:14 am

sinchena8 wrote:Hi V8power,

This is my first trade of the day in the quiet Asian market hours.

This are my entry bases:

1. Momo bar formed
2. Price (denoted by Green bar) retraced but pinned off
3. I waited for another red bar to close
4. Both green and red bars closed below yesterday's low.

Having lost for so long, I didn't have the courage to hold till the next 50% fib level so I exited with a very tiny profit :lol:

Your suggestion on how I can do better is most welcomed.

Image


Sorry, but I will no longer be posting as I have been asked to leave. Which is fine with me since only MO gets to decide who life is worth saving or worth making better.

jrtrading
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Re: My boring daily log

Postby jrtrading » Sun May 22, 2016 9:47 am

Please don't leave.
Last edited by jrtrading on Tue May 24, 2016 1:50 pm, edited 1 time in total.

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prochargedmopar
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Re: My boring daily log

Postby prochargedmopar » Sun May 22, 2016 11:42 am

v8power wrote:
sinchena8 wrote:Hi V8power,

This is my first trade of the day in the quiet Asian market hours.

This are my entry bases:

1. Momo bar formed
2. Price (denoted by Green bar) retraced but pinned off
3. I waited for another red bar to close
4. Both green and red bars closed below yesterday's low.

Having lost for so long, I didn't have the courage to hold till the next 50% fib level so I exited with a very tiny profit :lol:

Your suggestion on how I can do better is most welcomed.

Image


Sorry, but I will no longer be posting as I have been asked to leave. Which is fine with me since only MO gets to decide who life is worth saving or worth making better.



Why would you be asked to leave??
doesn't make sense.
Seems you would be sent to your room first. lol

general-talk/kreslik-com-10-years-and-going-strong-t11388
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

PeterBerregi
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Re: My boring daily log

Postby PeterBerregi » Wed May 25, 2016 4:28 am

Mate! WTF! Are you serious? Why on earth has someone asked you to leave?

The newbies and gumbies (of which I am card-carrying member of both groups) are all here to learn - no matter who is giving guidance/help.

Was really enjoying yours posts. I am really disappointed.

I was hoping someone could point me out to what the rat-trade is. Is this from TRO's "DRAIN THE BANKS - LIKE A RAT" or is it something else. HAving difficulty tracking this down on Kreslik as I get too many hits when trying to search for it.

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Re: My boring daily log

Postby Jalarupa » Wed May 25, 2016 5:03 am

Oooh Drama!

For what it's worth, If you stay I promise to start posting again...? :D
"our deepest fear is not that we are inadequate... our deepest fear is that we are powerful beyond measure... It is our light, not our darkness that most frightens us..."

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forexjpn
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Re: My boring daily log

Postby forexjpn » Wed May 25, 2016 6:02 am

PeterBerregi wrote:I was hoping someone could point me out to what the rat-trade is. Is this from TRO's "DRAIN THE BANKS - LIKE A RAT" or is it something else. HAving difficulty tracking this down on Kreslik as I get too many hits when trying to search for it.


I believe a rat trade is to buy/sell the break of the reversal candle at a new high or low.
A reversal candle within 20 pips of the high or low is also valid for entry.

PeterBerregi
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Re: My boring daily log

Postby PeterBerregi » Wed May 25, 2016 6:27 am

forexjpn wrote:I believe a rat trade is to buy/sell the break of the reversal candle at a new high or low.
A reversal candle within 20 pips of the high or low is also valid for entry.


Thanks forexjpn, really appreciate the response.

Do you have any posts that you refer to that also provide some examples?

I found this post from bettlebox https://www.kreslik.com/forums/post77660#p77660 that looks like what you're describing. Is bb referring to a rat trade here using "dots" to illustrate it?

Thanks for your help.

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