Intraday FX Player

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

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  1. yoohoo,

    was the last long a 4th test of the box type small channel?
     
    #491     Apr 11, 2008
  2. Not the last already, that one you've shown on a chart.

    And the last is based on K/R?
     
    #492     Apr 11, 2008
  3. Psychologically, that is very hard to do. Are the most profitable plays the most psychologically challenging?
     
    #493     Apr 11, 2008
  4. Yes, my #1 challenge is letting profits run. I catch them early very often.

    And it's where I would be able to make a lot more when get rid of this problem.
     
    #494     Apr 11, 2008
  5. kinda hard to explain

    this long was based on Supt on 5 min @16

    why long when I'm looking short?

    warped mind - they throw you off the scent

    4/5 touches - it was actually 5 min chart - it was not set up properly hence saying long wanting down

    so short top

    then on arrow long

    but wanted down

    falling knife reversal on 5 min supt - couldn't resist
     
    #495     Apr 11, 2008
  6. trying to trade and tell you what will happen before it moves
     
    #496     Apr 11, 2008
  7. Extremely hard task! I also try to post trades in realtime and know how hard it is even though my frequency is way lower than yours.
     
    #497     Apr 11, 2008
  8. El C.. Psychologically, that is very hard to do. Are the most profitable plays the most psychologically challenging?


    explain?
     
    #498     Apr 11, 2008
  9. Woohoo, 17C outside! Real Spring to come... Love is in the air! :p
     
    #499     Apr 11, 2008
  10. Giving back profits in the belief that that the position will ultimately provide a larger profit than if quickly in and out. CF's 42 short is an example where CF mentioned this type of scenario and the double top at 848. I would find this an unpalatable form of trading. Trust this clarifies my meaning.
     
    #500     Apr 11, 2008
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