When trade is moving fast and pierces the box...

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PayitForward
Posts: 11
Joined: 26 Mar 2015, 16:08
10

When trade is moving fast and pierces the box...

Unread post by PayitForward »

Good Morning, I'm a new member with a newb question. On the G/U, I received a buy alert. I looked and the candle going North was already reached the top of the AIMS box. Before I could get to place a trade at Boss, the next candle rapidly penetrated (went through) the box. So I didn't take the trade which would have been an easy winner. Can you please give me some guidance on this scenario as I've seen it before and I'm not sure what I should be doing. Thanks.[/img]
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immy
Founder
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Posts: 9654
Joined: 22 Nov 2010, 16:46
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Re: When trade is moving fast and pierces the box...

Unread post by immy »

Hi

Thank you for your question. And congratulations on taking the action.

If you missed setting your PO and it went before you could do that. You just say this

NEXT!

There will be plenty more trades the charts will be there a very long time. This however is NOT a proper Setup one because though there is blue dot, the gator lines were not fully sleeping or were open to downside. Anyhow without seeing the full picture and time frame etc won't be able to comment correctly.

ps: your question moved to Q&A section.
pss: that's why we ask you to start your own journal in the journal section.
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".

I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.

My Deathbed Advice "5:1 Reward to Risk Ratio".

Yo, banana boy! 🍌
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