Bride of If You Can Draw A Straight Line

Discussion in 'Journals' started by dbphoenix, Oct 28, 2013.

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  1. Gringo

    Gringo

    Db,

    Are you trading at this late hour?
     
    #891     Jan 29, 2014
  2. dbphoenix

    dbphoenix

    Sure. Too cold to do anything else.

    Now 25pts.
     
    #892     Jan 29, 2014
  3. Gringo

    Gringo

    Markets seem to be on drugs today.
     
    #893     Jan 29, 2014
  4. dbphoenix

    dbphoenix

    One of those rare days when it pays to trade all day.
     
    #894     Jan 29, 2014
  5. llIHeroic

    llIHeroic

    FOMC statement release usually makes things go haywire.
     
    #895     Jan 29, 2014
  6. dbphoenix

    dbphoenix

    I wouldn't call it "haywire". It's been very ordered.
     
    #896     Jan 29, 2014
  7. llIHeroic

    llIHeroic

    I just looked up haywire: erratic; out of control.

    I agree with you; it was an incorrect word choice. I should have said they induce abnormal volatility.
     
    #897     Jan 29, 2014
  8. dbphoenix

    dbphoenix

    And back to the mean . . .
     
    #898     Jan 29, 2014
  9. boru

    boru

    I would like to start posting some charts I think I've learned as much as I can lurking. comments and criticism are welcome.
    1. buyers have pushed price up to a SL on the 60 min I entered a short after the DL and LH
    2. this is my exit for the short in hindsight should have been a SAR
    3.took the RET after the open knowing price was close to R, thought I would see how it acted when it got there. price made a DT with no RET to enter (going to have to pay more attn. to Niko's REV's)
    4. buyers stepped in but couldn't even push price up to the 50% level DL break and LH entered short
    5. price dropped like a rock then sat still in a tight little range I did exit but again in hindsight there was no reason to price was so weak I should have stayed in
    6.finally got a RET and price dropped to 74
    7. I took an early exit because of support on the 60 min was around 80 ( I apologize I will start keeping better notes)
    8 this is where I dropped the ball, prices had climbed above the midpoint of the last range so I was thinking buy which I did and promptly scratched ,when price then dropped I sold the RET which I scratched and I stopped trading for the day
    I should add this is all hindsight trading If this isn't appropriate for this thread I will be happy to move.
     
    #899     Feb 3, 2014
  10. dbphoenix

    dbphoenix

    When you say that this is "hindsight trading", do you mean that you didn't take any of these trades in real time?
     
    #900     Feb 3, 2014
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