Clicking 0 entry on the DOM

and missed it. I had put 0 in the *lot column to prevent accidental entry, but it cost me an opportunity to short.
thus, I will minimize the DOM window with 1 lot default, next time

+20usd

As market sideways I put limit order to short but market did not go down quickly, so I was wrong. I took micro profit  to maintain my psyche.

And I had another 1 missed opportunity (so Total 3)..Could you detect it ? ;)

High Risk High Gain - No trade

Comment on 2 charts - D daily and T trading charts

My D daily chart showed that current position was within higher risk SR and the market was going down and if it break a support, it will go further down.
My T trading chart was going up exactly following my thinking.

My 1st error is I thought the market will back to base to pivot point that higher up, actually the S1 could also be the base. I didnt experience this before.

My 2nd error was - as my T trading chart was exactly following my thinking, so I sticked to it . I should not ignore my D daily chart, as It still the dominant chart.

Once the move going down, I made 2 limit order to go long as this is my bad tendency to show how clever I am :). However, I realized that this against major trend so cleared it before, amazingly,  the market touch it once and going up temporarily. Here I did it right even though I lost opportunty to profit as these moves were really high risk coz i t against the trend. The market then gone down for good 2 more times

Good learning day

PS. From now I shall use 2 left reference candles in my T chart as it is better :)

Will add 20 ema

Correct Correct Correct

Correct prediction that market will stay up bebefore sideways.
Before this, I should be wrong shorting the market down.
even though correct, I still wait for the big one...but not on Wed, because  i have real life task during this session

Ignore mini rally

cause  I want the big one :))

In realworld

no chance in front of pc

Clean chart test 1

Had trend today...good
but the real test when the market in range

Accidently push live button

and then a revenge trade ...
auto stop loss kicked me out -120
shit happen.

then I learned a better way to trade - candle level trade - CLT - this not a new thing to me but it worth a look into.

DST ..Ouch

Late coming to the screen as I thought the market open at 10pm Msian time. Actually the market open early due to DST. I got the tail.....

mONDAY bLUES

prices at Phigh and there were lots of resistance support below the price.
Price action is dead and ranging today. No trade
Tomorrow is a better day. signing off

I'm back

from a wedding (other's ) cere mony taht took my tradiung time...notice my speclling ?

One fine line

I confused one line (Prev low) with pivot line as they were in same color (orange)...It caused me -30.
I changed it immediately to purple color...My damage control is good ;)

1000 words

Missing trains

3x..reason...used join offer button..should use sell market...as market move fast.

however i'm happy my response improved

Real trade 0

Nett negative comission ")
sold & bought at the same price - fast reflex indeed

Rusty reflex - slowww motion

After hiatus of real trades for about 6 months, I did real trading today  -ve, slow to enter and slow to exit

next : to focus on fast reflex only,,disregard the profit/loss for next 2 real trades

CL Trading News ?

Durable Good order - fast action medium range 8.30 NY

Sim as real +80

but later market lose steam

Thursday with EIA at 11.30

I have no intention to trade but I 'practised' Live' DOM.

These were 3 charts:
5min, 3r and 500 tick

PRE:
5min - not clear trend
3R showed macd below 0 and EMA red - potential to short
Tick - lot space below

POST : CL slowly grinding down.

Next : When macd below zero dan ema red and tick show lots of space below :> use stoch to precisely join offer

At last, I realized that ...

there is no fixed rule......need constant adjustments within context of maket...when the edge says there is high chance to profit I shall enter but when I feel the market not quick to approve my direction..I shall get out.

However , I need to warming up by simming before live trade.

  Sim +245 in choppy market.

Note : Too late to enter live trade.
Next : to prepare early live trade : Friday - no trading,,, see next Monday

Here comes the Grump

I will sim for the 1 st trade as warming up

then

I will made a live tarde

Basic Trading & Sim & Indicators & Divergence Trading

My thought for today:

**1st basic trading rules to know market direction....:

A) Range - use fading technique
B) Trending - use trending method

**Range chart for scalping  and 3  indicators _ ADX and MCD and Stochastic
1000 tick charts  for MACD divergence trading

** for sims.... from now I will use 2 contracts when SIMming...What I need to lose ?

For real trades , I will stick to 1 lot

Silent Night (in Malaysia)

Enviro : range - trend fading
erratic price action so fall back to indicators trap :)

Erratic market sim 40+

but i have more confidence

Old charts with new mindset

Friday : i let the market tell me where he want to go after SUPPORT and the result :+sim 460

sim +100

After these years only 2 rules keeps going on with 1 sad fact

The rules of macd zero and the triangle pattern
and the 1 sad fact that I have a tough time  putting  that rules to work in my favour

Sim 160+

Keep shooting at the training field
code: mcd 0

CL hardknocks -What they dont teach you in trading books

CAUTION: Take these lessons only with pounds of experiences.

1. Volume - Decreased volume during higher price indicate that price may reverse.

2. Mcd -  cross zero may indicates anticipation of strong movement

3. Mcd divergence signal valid only in big frame chart. Taking divergence signal in small frame is a sign of sure death and a rookie baby trader.

4. When assesing current situation, relate to the left of the chart. Check the space of least resistance

5. Elliot wave pattern when coincides with MA & Mcd > the risk is minimum

6. Doji and hammer are good 'landmarks' and 'landmines'

7. Fast trend shall be followed by whipsaws and vice versa.

8. CL has a habit of finding the base as the launching pad,  normally at the Pivots and SR. Find that launching site.

9. Look for the candle pattern - the trigger - 2 types - the price pattern esp triangle , the candle esp hammer (pin bar), bigger candle and doji (spinning top)

10. As I don't like to deal with losses I will let my Stop Manager to deal with the losses,  I will concentrate only on opportunity of profits. Sounded funny but hey, I'm a human :)

11. Stop order can be used to enter market and market behaviour at that stops could be better seen than a market order.... when emotion and overconfidence easily take over. However I will not be messing with Exit stop order.

12. Others often mentioned that SR line is the line of opportunities but remember that SR line could be the  line of death. Strong movement could happen at that line. Act AFTER the line is touched and watch the volume for traps. Use market order at the starting position of NEXT candle and use tight stops. What is not killing me at this SR line, will make me stronger.Experience and judgment is crucial here. Thats why some trader prefer the pullbacks than breakouts. But I prefer use the term 'breakback' to replace the term pullbacks - touch and break the SR line then move back to the original direction. What made most of my losses were I expected price to  made new turn trend but market later rebounced back to the original direction.

Next position of candle

After a complete candle..the starting point of next candle together with EMA is a good Holy Grail :)