Discussion in 'Journals' started by Yme, Feb 6, 2011.
Trailing stoped out @ 12125
5 Tic profit target hit. Sitting out.
Using 1800 tic chart because we only want to catch the swings of the day and this works best with a stoch entry and osc exit.
Using a trailing stop Hard: 8 Trigger: 5 Follow:8
My daily goal this week is 5 tics, obv more if it runs with a trailing stop.
I adjust this stop to brackets if the market is in a range.
Todays early signals tells me neither of my strat will work so I am sitting out.
Daily Loss Limit: 2%
Daily Profit Target: Unlimited
Chart: 1800 Tic Candles
Indic: Slow Stoch, Ocilator, Market Profile TPO lines, H/L of Day
Strategy: S/R at MP lines, Timed entry with Stoch, Exit with Ocilator
Stops: 8 Tic trailing, Triggger @5 Tics, 8 Tic Hard Stop
Time: 8-4 daily, no trade around news.
Sell stop @12186
Filled @ 12186
Stopped out @ 12194
Waiting on re-entry signal.
First trade comments: Sell stop was set @ POC but Stoc was showing close to oversold. Should wait for complete overbaught signal.
Sell Stop @ 12193
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