The WTF Journal, my journal

Discussion in 'Journals' started by WTF Trader, Jul 10, 2008.

  1. YoungOne

    YoungOne

    It's winner, winner, loser, winner.
     
    #11     Jul 11, 2008
  2. LOL, stealth trader doesn't like choppy markets, but make no mistake about it the man can trade ... he just isn't the most wonderful personality to communicate with.
     
    #12     Jul 11, 2008
  3. Ah.....no

    First arrow is blue (long) followed by red (sell to close) at a lower price. That would be a loser in my book. Unless the arrow colors are wrong on the chart for that first trade.
     
    #13     Jul 11, 2008
  4. You're right.

    According to the arrow schematic (at least according to how they were explained) he was scratch on the day.

    Well, I'm sure he'll do better next time.
     
    #14     Jul 11, 2008
  5. The first trade was obviously a minor oversight based on the rules, should have started red and covered blue.

    WTF, looking forward to your journal. Very generous of you to do this.

    Cheers,
    i


     
    #15     Jul 11, 2008
  6. First chart posted and I'm already doing trivial mistakes.

    Considering I short broken support and buy broken resistance, but only on retracements.

    The trades had the following outcomes:

    Winner
    Winner
    Loser
    Winner

    WTF
     
    #16     Jul 11, 2008
  7. WTF: I look forward to seeing your charts as time progresses. I'll be dissecting them like a cadaver. Do your best to ignore the 'drudge' on ET, there are a lot of diamonds in the rough here if you can overlook the shit.

    Thank you for sharing!

    Stavros
     
    #17     Jul 11, 2008
  8. Thanks for that clarification, WTF. I wasn't trying to nitpick, just trying to understand what you're doing. From your explanation, I thought that initial trade was supposed to be a short also, but the arrow colors said otherwise.

    Thanks for sharing, and I look forward to future charts.
     
    #18     Jul 11, 2008
  9. Joab

    Joab

    I like you already :D

    This thread should be interesting.
     
    #19     Jul 11, 2008
  10. how do you calculate your support and resistance areas?
     
    #20     Jul 11, 2008