nope, enough trades but not good enough records to know which is what!
so i need to proceed down your route i think, decide what trades i want to stick with and then get some discipline and a collection of data
so i need to proceed down your route i think, decide what trades i want to stick with and then get some discipline and a collection of data
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Ok andy I have overlayed my variables to US500 and will look for possible signals to trade until US opens later were I will stop looking for entries and only manage any open positions
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Enter x1 short position 2965
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both long and short x1 at moment as right on 30 min bias and moving sideways.
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US500 - looking for pull back around 2720 and enter short when signal given.
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Exit x1 long position 2954,
20.7 pips loss
20.7 pips loss
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Did you go to BE because of plan or ME factor?looking forward to your input
just closed us500 short at BE
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GBP - seeing support at 2950
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move to BE - GBP
thankyou i had to think before answering that one
not ME, i think, but also not part of a written plan. disclaimer time - i am an elliot wave counter
on a 5 min chart the pattern off the low started to look like a 5 wave impulsive wave rather than a 3 wave corrective wave. which meant it was going to reach my entry point and ultimately above that so i bailed at BE before it got to my stop.
at the time this was just my Feel based on experience i suppose.
in this case it looks to be a correct feel. has saved me a loss. but raises issues
1. hard to write a "feeling" into a trade plan
2. would not have happened if i were not screenwatching
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close position GBP x1 2965 at BE
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Will not hold that against you (elliot wave)thankyou i had to think before answering that one
disclaimer time - i am an elliot wave counter
on a 5 min chart the pattern off the low started to look like a 5 wave impulsive wave rather than a 3 wave corrective wave. which meant it was going to reach my entry point and ultimately above that so i bailed at BE before it got to my stop.
at the time this was just my Feel based on experience i suppose.
in this case it looks to be a correct feel. has saved me a loss. but raises issues
1. hard to write a "feeling" into a trade plan
2. would not have happened if i were not screenwatching
,I am short term trend follower myself.
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My thoughts on US500 - breakout below recent low with either continuation or false , if holds around 2720 and lowers (pull back to catch people out possibly) also 30min bias short . Had entry signal in place but not reachedthankyou i had to think before answering that one
disclaimer time - i am an elliot wave counter
on a 5 min chart the pattern off the low started to look like a 5 wave impulsive wave rather than a 3 wave corrective wave. which meant it was going to reach my entry point and ultimately above that so i bailed at BE before it got to my stop.
at the time this was just my Feel based on experience i suppose.
in this case it looks to be a correct feel. has saved me a loss. but raises issues
1. hard to write a "feeling" into a trade plan
2. would not have happened if i were not screenwatching
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I moved my GBP position to BE because of the support and long entry signal that popped upthankyou i had to think before answering that one
disclaimer time - i am an elliot wave counter
on a 5 min chart the pattern off the low started to look like a 5 wave impulsive wave rather than a 3 wave corrective wave. which meant it was going to reach my entry point and ultimately above that so i bailed at BE before it got to my stop.
at the time this was just my Feel based on experience i suppose.
in this case it looks to be a correct feel. has saved me a loss. but raises issues
1. hard to write a "feeling" into a trade plan
2. would not have happened if i were not screenwatching
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Entry GBP x1 long 2915
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I like large range bar on US500 possible exhaustion possible top?
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Hi triple , yes that was the vids i meant
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