Search results

These are the trades I took today.

140505 pre Just before RTH open. LOLR down.

140502 post These are my trades for today. (I stopped early since I was not really feeling focused)

140502 pre I finally did not trade on the 30th. I had some computer problems and it took me some time to solve them. Yesterday I took the day off. It was International Worker´s Day ;) :) *** For today, before RTH open:

Just before RTH opening

Ok. I will be away for the next days but when I come back I will eliminate the "news release filter" from tactics. Since I am not trading real money but sim at the moment and the main purpose of this experiment and journal was to learn and practice the SLA-AMT approach, it makes perfect sense...

I realize that but there are other important considerations that are not included in the SLA and I thought there were obvious...as, I do not know, the kind of not trading if your internet connexion disconnects frequently and there is a tornado announced in the area where you live, or if you are...

Thanks. I will add that I not only will not take a trade before important news releases but I will also close an already open trade unless it is well in profit and I discretionarily find very good reasons to keep it open. Good trading Niko :)

Ok, yes: price action is paramount. And there are other things, not so ancillary, that are also very important to take into account when trading as, for example: internet connections, proper state of mind to trade, proper equipment, and, in my opinion, checking important news announcements...

Niko, I have to disagree with you. What you express is something that I have read and heard for years and I find overly simplistic if it is not well nuanced . What you say sounds nice on the surface but I find that you are mixing things in a dangerous way (for your wallet). I do not pay...

I am going on a short vacation till next Thursday and I will not post here till then.

I always follow a rule that says to do not enter trades 5 min prior to important news releases. There, when I was stopped it was 08:53 CT and I hesitated for 2 reasons: first because it was close to the data release and second, and maybe the main reason, because I still have not articulated well...

Yes, I agree. Thanks. The moment price rejected the bottom of the range, I was seeing the LOLR as up for the 1m chart, that is my main chart for displaying price activity. But I viewed the LOLR as up also in all bar intervals from 5min till 240 and even D. Not that I would use them in this...

Thanks k p. Yes I had considered that area and I had not made my my mind regarding it.. I had doubts since there is not so much activity there when it was made for me to decide if box it or not, (the 10th of this month during the ov period). But I also told to myself that the last days of...

140422 post The first long trade (1) was stopped and I took a short (2) after the dl was broken and market made a ret. It did not give much and my next trade was a long (3). I did not give it too much room and when it came back failing to break the high of the day I basically scratched it...

I just opened a 240m chart, and the break above the downtrend channel looks clear, or clearer, compared to the previously posted daily chart... Anyway, market will show its hand. **** p.s.: although maybe the channel is not well drawn in the first 240m chart and the second drawing is a...

Will it go down back inside the downtrend channel or continue up and maybe show a clear break to the upside? Important news release at 0900 CT. Charts are D, 60m and 10m.

1 After breaking the lower boundary of the overnight trading range, going back inside the range and not been able to even test the upper boundary and breaking the tr again to the downside, I entered a short at micro pullback that failed inmediately. I maybe gave it too much room but wanted to...

Market will open at upper extreme of the downtrend channel that started after the highs on early March. Tight trading range with almost no activity during overnight (main european markets are closed today) Charts are D, 60m and 15m.

Attached there are two charts showing how I saw the market pre RTH open and also a 1 min chart and a 20 sec showing the trades I took in real time. Some comments: 1. I exited the short but did not re enter again. I did not "feel" it, I cannot say why. 2. I hesitated taking a long there at...