Son of If You Can Draw a Straight Line . . .

Discussion in 'Journals' started by dbphoenix, Sep 19, 2013.

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  1. niko

    niko

    I was about to declare chop, when the uptrend started, last long is already 7 points into profit, that is not really choppy slug.
     
    #1261     Nov 20, 2013
  2. dbphoenix

    dbphoenix

    Did u take a loss on that shrt?

    DL is bending outward
     
    #1262     Nov 20, 2013
  3. niko

    niko

    It doesnt really matter to me anymore, at least at the time. I understand that I messed up with my exit.

    I am having difficulties "reading" behavior from the charts, and I guess it is the result of previous fear issues, for example, the quick exit at the poke of LSH is the result of past memories when I saw price jump against my position without me being ready and fast enough to take action and incurring in huge losses. It is a work in progress.

    10:20 DL fanned
     
    #1263     Nov 20, 2013
  4. slugar

    slugar

     
    #1264     Nov 20, 2013
  5. dbphoenix

    dbphoenix

    Wow

    Climactic action. Take care.
     
    #1265     Nov 20, 2013
  6. niko

    niko

    In the initial short, yes I took a loss as it was closed at the break of LSH. There were no more shorts for me, missed the RET at 9:54 out of lack of clarity.
     
    #1266     Nov 20, 2013
  7. slugar

    slugar

    out 3397
     
    #1267     Nov 20, 2013
  8. niko

    niko

    And we are at 50% from 426.

    10:24 Waiting for a clear text before yielding to the sellers.
     
    #1268     Nov 20, 2013
  9. slugar

    slugar

    3394 resistance maybe support?
     
    #1269     Nov 20, 2013
  10. dbphoenix

    dbphoenix

    Good on you for noticing.

    No useful DL here. Have to go with behavior.

    Extremely tiny hinge.
     
    #1270     Nov 20, 2013
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