CL Redux

Discussion in 'Journals' started by schizo, Oct 9, 2009.

  1. I've got a sell stop at .44, for the break of a kinda-triangle.
     
    #20181     Apr 15, 2011
  2. In it, buy stop at .55.
     
    #20182     Apr 15, 2011
  3. NoDoji

    NoDoji

    I cheated a little and got short @ .51 for a potential channel break, looks weaker than sh*t

    ADD: It would be expected to fly back up if this lower line holds.
     
    #20183     Apr 15, 2011
  4. action is so slow it will stop and go up
     
    #20184     Apr 15, 2011
  5. Picaso

    Picaso

    Waiting for Nod to close her trade to get long :D

    (I think this is missing one more push down to lighten the load and then it will go back up - near the HOD, without overdoing it)
     
    #20185     Apr 15, 2011
  6. Stopped. I successfully avoided a recent problem of mine of moving my stop to B/E to early. :/

    Maybe I should have done that on a breakout trade though--any thoughts?
     
    #20186     Apr 15, 2011
  7. NoDoji

    NoDoji

    Stopped b/e, didn't reverse though, didn't want to buy resistance at the 20 EMA

    Wish I had bought the lower channel line :mad:
     
    #20187     Apr 15, 2011
  8. Picaso

    Picaso

    I think Nod has mentioned several times that she only moves her stops to BE (after 10 ticks in her favor) in breakout trades, particularly when they're counter-trend (as - mostly - in this case): either it breaks or it doesn't
     
    #20188     Apr 15, 2011
  9. NoDoji

    NoDoji

    Yes I do move my stop early when key levels need to break. That lower channel line needed to break, which why I moved to b/e when it didn't

    HG, that was nice confirmed entry you took, BTW. I thought for sure it would break down more, but the bots are after us!
     
    #20189     Apr 15, 2011
  10. Picaso

    Picaso

     
    #20190     Apr 15, 2011