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Showing posts with label Guessing Game. Show all posts
Showing posts with label Guessing Game. Show all posts

Wednesday, 1 June 2016

2 chances(31 May)

1st at before opening, missed it as am out station - thinking it will be like a regular Wednesday EIA. Forgot that holiday had freshen up traders.
2nd.. signal happen near ema but  have doubt of it caused of lack of "market structure"... then it gone before I have time to think further.
IMHO, market structure strategy HH LL has little value in CL and today action pointed it again.

Tuesday, 24 May 2016

-10 ticks even though direction was correct

Tight stop and need to use extra 2 ticks.
Short direction was correct but proved too soon with tight stops.
However the 10 ticks lesson was not lost.
Now I knew the timing of using it and type of chart that superior for me - OHLC bars
ps. Again,: I need to follow that EMA

Monday, 16 May 2016

CL entering new high -- -8ticks

Again, profit on paper 6 tick then vanished ended with -8 ticks.
As market made new high -- it want to go high yet I'm trying pullbacks.
Easier to make money in CL following the trend, most of the time.
You better not trying to be a hero with CL.
So dont ignore that damn ema line for CL.

Thursday, 12 May 2016

-7 tikcs

1st trade cutloss was too tight, now adjusted...loss 7tikcs..then came 2nd setup I 'm guessing the validty even itis a totally diff setup and also the 3rd setup. Obvious that I'm shaken after 1st trade , also the body is not that fit today -0 can affect the mind..Next...

(POST TRADE ANALYSIS- DIVERGENCE SET UP IS NOT THE KEY, THE KEY IS THE MAROBOZU ENGULFING CANDLE)


post trade chart below - the whole truth that totally invisble before, too late after the fact...