1% a day and MM

Discussion in 'Journals' started by tango29, Nov 10, 2003.

  1. tango29

    tango29

    normally give this much room, but with these profits locked in I'm holding for 12 or so. Hopefully it turns around and drops.
     
    #341     Jan 29, 2004
  2. tango29

    tango29

    that, someone here is taking me out when i type my stps. :D
    Out ^12. Could have been a reverse at 10-11 area. I'll add up and be back.
     
    #342     Jan 29, 2004
  3. tango29

    tango29

    to myself missing 2 different trades. Net =1408.7. These kind of trades could get me to trading the morning and going away for the day.
     
    #343     Jan 29, 2004
  4. wdscott

    wdscott

    What timeframe are you watching on the Bonds. 5, 15, daily charts to base your support and resistance on.


    Thanks,
    Dave Scott
     
    #344     Jan 29, 2004
  5. Siwash

    Siwash

    Nice day Tango, thanks for keeping the journal up!

    M.
     
    #345     Jan 29, 2004
  6. tango29

    tango29

    I look at a daily and 60 min before and after the market to find possible s/r numbers for the bigger picture, and sometimes a 30 and 60 during the day. For the most part though I use tick charts, and I find that people can figure out what number of ticks works best for them. I look for prices where momentum has stalled or reversed before going through, ex. pivot points from a retrace. Also I look for most of the usual suspects, double tops lower highs, higher lows etc. I'm finding that making this simpler is easier. In other words my brain is too small to digest what price and all the indicators are doing at the same time, so I pick price to be my guiding light.
     
    #346     Jan 29, 2004
  7. wdscott

    wdscott



    Tango29,

    Excellent journal keep up the good trading. And thanks for the response.

    Regards,
    Dave Scott
     
    #347     Jan 29, 2004
  8. tango29

    tango29

    Was reading and forgot what time it was and missed this so far.
     
    #348     Jan 30, 2004
  9. tango29

    tango29

    after retrace. Tried for 3 ticks on half, but no fill.
     
    #349     Jan 30, 2004
  10. tango29

    tango29

    ^9. Just took 1 more off while typing. Holding to ^6 area.
     
    #350     Jan 30, 2004