jasinhbca's quest for discipline, knowledge & profits

Discussion in 'Journals' started by jas_in_hbca, Nov 16, 2010.

  1. NoDoji

    NoDoji

    I took that trade, too, and changed my target from .62 to .63 to .64 and back to .62 after I put on the trade, LOL! The .62 was a key level for two reasons on the 60-min chart and the PA lately has been retracing pretty good off every key level.
     
    #641     Dec 16, 2013
  2. Redneck

    Redneck

    JIH

    Adding these attachments (charts).., with a few comments on each


    My over all remarks;

    See if these make sense

    Try to think in segments (up – down – sideways)

    Each segment builds (evolves into) the next

    Once a segment is done – it’s done – move on with your thinking – context - trading

    Think what the 1 min PA / 1 min entry set ups / 1 min exits - looks like for each segment (going into a segment… while in a segment…, coming out of a segment

    Break of a 5 min TL is the absolute exit – but – seriously give thought to exiting at the break of the 1 min TL – especially if that PB continues its PB

    When in a trade - and price ranging - any break of that range against your position - Exit


    Remember my remark about mimicking

    Questions – please ask.., either here or PM

    RN
     
    #642     Dec 17, 2013
  3. Redneck

    Redneck

    Chart 2
     
    #643     Dec 17, 2013
  4. Redneck

    Redneck

    Chart 3
     
    #644     Dec 17, 2013
  5. Redneck

    Redneck

    Chart 4
     
    #645     Dec 17, 2013
  6. Redneck

    Redneck

    Chart 5
     
    #646     Dec 17, 2013
  7. Redneck

    Redneck

    Chart 6
     
    #647     Dec 17, 2013
  8. Redneck

    Redneck

    Chart 7
     
    #648     Dec 17, 2013
  9. Redneck

    Redneck

    Chart 8
     
    #649     Dec 17, 2013
  10. Redneck

    Redneck

    And on it goes
     
    #650     Dec 17, 2013