Pedro's Journal !

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acceleratum
Posts: 597
Joined: 03 Nov 2015, 14:38
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Re: Pedro's Journal !

Unread post by acceleratum »

tighen sl for nfp, altho nfp doesnt affect us much on daily it can reverse a trend and since weekly is near the end of w4 and expecting a w5 short I secured the profit taking no chances, also bounce of TL.. too much confluence for shorts.
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acceleratum
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Re: Pedro's Journal !

Unread post by acceleratum »

Tried to grab the breakout.. didnt work. Ill give me DS 0 for this.
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immy
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Re: Pedro's Journal !

Unread post by immy »

acceleratum wrote:Tried to grab the breakout.. didnt work. Ill give me DS 0 for this.
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This is a very low probability breakout ... oh well... you know what to do, hang yourself upside down for 10 minutes ... good idea?
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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acceleratum
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Joined: 03 Nov 2015, 14:38
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Re: Pedro's Journal !

Unread post by acceleratum »

Hum.. not enough angle, no divergence, might have been a bit optimistic to grab this.
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acceleratum
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Re: Pedro's Journal !

Unread post by acceleratum »

Tighten sl for weekend and exited with small loss.. shouldnt have moved sl. ds0
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acceleratum
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Re: Pedro's Journal !

Unread post by acceleratum »

This one also tighent sl for weekend above counter fruit, but left the trail on and sl moved to sunday bar exiting in profit but could have been much more. ds0.
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immy
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Re: Pedro's Journal !

Unread post by immy »

you'll probably look at this trade in 4 weeks time and say, why tf did I exit there ....
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! 🍌
User avatar
acceleratum
Posts: 597
Joined: 03 Nov 2015, 14:38
9

Re: Pedro's Journal !

Unread post by acceleratum »

Another early exit, should I not move stop to counter signal? since it is a wave 4 and possible apples popping up I didnt risk it.
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immy
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Joined: 22 Nov 2010, 16:46
14

Re: Pedro's Journal !

Unread post by immy »

Don't use Fruit for exit unless and until its has Rubber band effect, and good angle... this trade is premature... the ewave is not peaking, did not even close on green.. its just starting... a long way to go up...

specially becaues you saw that 2 bar pin bar just before your exit bar... it was clear indication that more upwards orders were on the way
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! 🍌
User avatar
acceleratum
Posts: 597
Joined: 03 Nov 2015, 14:38
9

Re: Pedro's Journal !

Unread post by acceleratum »

yeah, guess im still stressed from the first losses.
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