five years later (the previous 5), still struggling!

Discussion in 'Journals' started by momoNY, Feb 26, 2011.

  1. momoNY

    momoNY

    Stop moved to 1326.5 based on 5 minutes chart
     
    #71     Feb 28, 2011
  2. momoNY

    momoNY

    stop at 1326.75. It does not act as I wished so minimize the risk.
     
    #72     Feb 28, 2011
  3. momoNY

    momoNY

    Stopped out with slippage at 1326.5. So far I have $137 in the bank. I think I moved the stop loss too soon. Let's see if I restrain self from getting in and out for obscure reasons. I should have hold to my analysis in at 1326.5 and out at 1327.5, but...
     
    #73     Feb 28, 2011
  4. momoNY

    momoNY

    Next area to look to get in, is the low of the day so around 1323.5
     
    #74     Feb 28, 2011
  5. momoNY

    momoNY

    No long trades unless there is a reversal in the 5 minutes.
     
    #75     Feb 28, 2011
  6. momoNY

    momoNY

    in at 1325 stop 1324 target 1327. This is the scariest trade of the month!
    Reversal on 5 minutes, trend up 15 minutes.
     
    #76     Feb 28, 2011
  7. momoNY

    momoNY

    Stopped out at 1324 :mad:
     
    #77     Feb 28, 2011
  8. momoNY

    momoNY

    I entered the trade too soon. I should have waited for 1325.5 to be taken out. If 1322.75 is broken, I'll to switch sides.
     
    #78     Feb 28, 2011
  9. momoNY

    momoNY

    back to my old habits!. In at 1324.75 stop at 1323.5. I should have put my stop here in the first place. I don't know why I put it at 1324 before?
     
    #79     Feb 28, 2011
  10. momoNY

    momoNY

    out at 1324.75. Lunch time.
     
    #80     Feb 28, 2011