Cool! Well, I should tell you my progress is relatively slow since going completely live in February. I mentioned before that I'm still learning what works, slowly adding new techniques and subtracting extraneous stuff from my trading. My ultimate goal during this beginning process is to execute trade after trade without allowing the outcome of each trade to affect me emotionally. Whatever happens, all feed back is welcomed!!!!!
1. Long 1130.50 @ 10:01 EST Stopped 1128.50 @ 10:15 EST Stop: 1128.50 Target: 1132.00 P/L: - 2 2. Short 1126.00 @ 10:56 EST Exit 1124.75 @ 11:03 EST Stop: 1127.50 Target: 1124.75 P/L: + 1.25 3. Long 1127.00 @ 12:04 EST Exit 1129.75 @ 12:41 EST Stop: 1125.75 Target: 1129.75 P/L: + 2.75
Hi Awash, Nice to see you pick up the on-line journal again. Are you still working with your divergence indicators or are you using a different method now for entries and exits? Thanks. Kermit
I was wondering the same thing : it doesn't look like some of your trades were taken with divergence (?) Are your initial rules for trading the same ?
Thanks! I've been wanting to get this journal going for some time now. As to indicator divergence, that's no longer my primary signal. Actually, I've been reading a particular thread here, along with researching and experimenting with different techniques to see what works and concluded that.......... Well, let's just say for now, no more indicators. In short, my entry and exit setups are taken from support & resistance and as I continue to post trades the setup will become more clearer. No trades today! Will post chart tonight.
Hi Awash. Are you trading live now ? I am surprised to see that you don't use an indicator for divergence anymore. Pure S/R now ? What do you use for S/R ? Just pivots or high/low or trendlines ? Are you still using the 30m chart for bigger picture ? Looks like your trades are doing well so far. Also looks like you have taken some breakout/down trades.