Intraday FX Player

Discussion in 'Journals' started by CFerret, Mar 26, 2008.

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  1. yea and I got one for you...

    entry and exit was perfect...

    but if you could see than why not the reverse?:confused:
     
    #3721     Jun 19, 2008
  2. aah you posted as I write

    you saw the reverse :D
     
    #3722     Jun 19, 2008
  3. Yeah I saw it exactly in time... Actually it was the reason why I exited. It's just the previous 1H bar was pressing on me (looked so bearish) that scared me out of reversal. :(
     
    #3723     Jun 19, 2008
  4. Ah ok - pile of other things to show you in time would have sorted that...

    Did you see yesterdays PP?

    See channel on 30 and fluid on 1 hr?

    In small TF was a safe reverse - if breaks it breaks channel and PP so you know what to do then.
     
    #3724     Jun 19, 2008
  5. Shorted @ 74.
     
    #3725     Jun 19, 2008
  6. Yea, still need to learn to keep more things in my mind at once... :)
     
    #3726     Jun 19, 2008
  7. no complaints here - love the progress you're making, especailly with V added as another one to watch. You have incorporated it well.

    :)
     
    #3727     Jun 19, 2008
  8. Thanks yoohoo. Trying to do my best to justify your efforts. :)
     
    #3728     Jun 19, 2008
  9. Guys, two things I want to point out...

    1. Volume is not the magic key. Keep in mind CF had 600 pages of trading BEFORE he incorporated it into his trading. Learn step by step: more haste - less speed.

    Which brings me neatly to yesterday. I had a look at what some of you were posting and it was a struggle at times because one basic tool was poorly used - Trendlines. So...

    2. The 1 hr is the treasure chest and the 5 + 1 min are the keys. Some of you were running about with the keys getting stopped out because you didn't know where the treasure chest was. If you defined the 1 Hr better using Bars + Candles + TL's you would get better trades.

    Fit the pieces together... slowly! Revision is normal and your journal comes to the rescue. If you don't have the pieces together and you add volume - it will distract you.
     
    #3729     Jun 19, 2008
  10. Reversed long @ 60. Fixed 14 pips profit.
     
    #3730     Jun 19, 2008
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