The hard road to consistency

Discussion in 'Journals' started by calmeurotrader, Oct 1, 2012.

  1. sam0182

    sam0182

    Sure thing.
     
    #371     Jan 9, 2013
  2. sam0182

    sam0182

    Pinging you from my holiday now...looking forward to those charts.
     
    #372     Jan 18, 2013
  3. Sorry guys for the delay. Here are some 1min charts from this week.
     
    #373     Jan 19, 2013
  4. This one was a mistake. Engulfer should be sitting on an important support/resistance, be distinct and bigger than average of last few bars.
     
    #374     Jan 19, 2013
  5. This kind of box can give really powerful breakouts. Great trade with a small risk and big potential rewards.
     
    #375     Jan 19, 2013
  6. This one was stopped out. A stop wider by 1 pip would result with a profitable trade and 1:10 risk to reward.
     
    #376     Jan 19, 2013
  7. sam0182

    sam0182

    I appreciate the charts. Your last post really jives with some of what I look for.
     
    #377     Jan 19, 2013
  8. You are right. This was a pretty weak setup. 1min started to trend but there was no confirmation on 5min
     
    #378     Jan 19, 2013
  9. You are welcome. Are you familiar with a Bob Volman's book ? It really gave me food for thought.
    Disclaimer: I am not associated with the author in any way :)
     
    #379     Jan 19, 2013
  10. I also like to trade first pullback after strong breakout using strictly 5min charts. This approach seems to be similar to your strategy.
     
    #380     Jan 19, 2013