West's Trading Journey

[westcountry]

Stalking for HOLO trades....stalking for HOLO trades....LOL...waiting...watching....
-West

[westcountry]

I have an HOLO sell trade now on EJ....based on 5 minute bar that opened in that zone.
Waiting...watching...

[v8power]

My StopLoss order hit at BE +1 ...out of trade.
Now, waiting and watching for others...

Haha. I think MO would call that the ultimate cardinal sin, mving your stop to BE. But I don't know exactly the setup your trading so Im not judging

[westcountry]

Ha Ha !! I hear you on that V8 (and thanks). Since I am totally new to this strategy, I am trying to follow the structure and rules of it. So for now, just trying to stick with the rules, since I have a hard time following structure in regards to anything.

On my recent trade, I was just at +5, so moved my stop to BE +1.
Waiting...

[v8power]

Ha Ha !! I hear you on that V8 (and thanks). Since I am totally new to this strategy, I am trying to follow the structure and rules of it. So for now, just trying to stick with the rules, since I have a hard time following structure in regards to anything.

On my recent trade, I was just at +5, so moved my stop to BE +1.
Waiting...

That's the smart thing to do. Follow the rules and learn to trust what yuour doing. What setup is this if you don't mind me asking?

[v8power]

Ha Ha !! I hear you on that V8 (and thanks). Since I am totally new to this strategy, I am trying to follow the structure and rules of it. So for now, just trying to stick with the rules, since I have a hard time following structure in regards to anything.

On my recent trade, I was just at +5, so moved my stop to BE +1.
Waiting...

Im also holding a short on EJ. Thinking/hoping today was the weekly high or at least get a nice down move into tomorrow from this afternoon

[westcountry]

Hi V8,
Its this strategy here, which I have just been reading up on and learning all weekend:
https://www.kreslik.com/forums/therumpledone/holo-highest-open-lowest-open-trade-t12931

...and to note, MO has some good ideas there too for Money Management. I am just not there yet. For now I am just trying to absorb the basics of that strategy.

[westcountry]

My T/P just got hit now at +5 (as price went beyond +10 earlier), so I moved the stop to +5 per the structure I am following here...

[v8power]

Hi V8,
Its this strategy here, which I have just been reading up on and learning all weekend:
https://www.kreslik.com/forums/therumpledone/holo-highest-open-lowest-open-trade-t12931

...and to note, MO has some good ideas there too for Money Management. I am just not there yet. For now I am just trying to absorb the basics of that strategy.

Thanks for the link. and your doing it the right way, I was just messing with ya that's all.

[westcountry]

Hi V8,
Yeah, I know you were. Thanks again for the support - I really appreciate it.
Exits 'while I am in profit' are a new experience for me LOL. But 'being in profit' is a good thing for me to start experiencing more of. So I have to see what works best for me on this.

-West