prochargedmopar wrote: cfabian wrote:
Really not fair.... I was in this trade, with +12, aiming for the price it is targeting now, moving down in consistent steps. Then my boss told me to go to his office. Oohhh boy... when will this stupid things end up????
H1 formation was good as well, but that freaking long kick stopped me out with a loss. Can you see a better entry, or a sort of explanation as to why should I have waited? Or any anticipation it would go up there?
I'm by no means kicking out long runs BUT,
Basic price analysis:
candle close above previous, then momo up.
double bottom formation.
These do not mean price is turning forever but as es/pip says, look how far it has already dropped.
WHAT IS THE VOLUME IN THAT AREA TELLING YOU??
I feel the actual trade/entry was well above your stop if your looking for that large of a run.......
But dude, I'm not holding for more than 2-3 pips most times because I see these things on small time frames and exit before I go back to -1. LOL
Well, unless I get down 10, then I add. hehehehe
the reason that you cannot hold a trade is, you are doing the same stuff over and over again therefore resulting in the same result.
if you want to hold then you need to change what you are doing.
the definition of insanity is doing the same thing over and over again with the same result. when wanting to change something
looking at 1 min charts is what makes you get all mental and freak out about it.
but you know this and continue to do it.
i mean, you have been trading a lot better lately and making steady pips so i am not going to be the one that says stop doing that and do this. Whatever you are doing with what you are looking at seems to be working for you----maybe increase your time frames if you want to hold.
or how about not exiting a trade until it hits your target or has an increase in momo against you---and exiting if a 5 min bar closes against you---trying to get the best price-----
its amazing what happens when your losses are small and your winners are large------
i say you have been trading better lately and that is aside from what you did the other day( i have been wanting to use this somewhere so it is going to go here--lol)---- that gets one of these
Bend over and assume the position for another 4 years of hope and change.