Gone Surfing
- Thread starter MadeMan
- Start date
did some trades , gonna make a break till 14:30 CET..
here are the trades thus far ..
Entry 1 /long
First Long Entry , due to the fact that the vol. increased and was
high , but we got a shortening of the downward thrust at an
early morning MP aswell as near a sup. , and the fact that
afterwoulds we came to an halt on the downmove even under
such activity .. was an indictation for me that there is buing going
on , and i took a long at the break of a bars high , price drifted
slowly upwards , but my plan was , to stay in the trade , till the
lows of the three bars (marked) get broken.. wich eventually it did
so i was out for small loss..
-----------------------------------------------
Entry 2 /long
Second Long Entry , but yet again the high activity didnt made any
downward progress and i knew something was cooking up..
this time i waited for a retracement .. wich came in a form of 1
bar.. and i waited for the SL to break .. wich happened and i was
long and rode the wave , till the last DL line got broken.. where i
exited for a small win.. enough to cover the loss of the first entry..
------------------------------------------------------
Entry 3 / Short
a short play , i took an op. to join the longerterm trend , and
hoped in at a LH , to short , but i was ready to act quick as again
we had some buying in the background.. and are near a sup.
level.. this short wave might not be long and will maybe end in a
HL .
so i didnt get out at the first SL breaks due to the bigger pic , but
the break of the bars high , wich happend,, and iam out for a tiny
profit..
here are the trades thus far ..
Entry 1 /long
First Long Entry , due to the fact that the vol. increased and was
high , but we got a shortening of the downward thrust at an
early morning MP aswell as near a sup. , and the fact that
afterwoulds we came to an halt on the downmove even under
such activity .. was an indictation for me that there is buing going
on , and i took a long at the break of a bars high , price drifted
slowly upwards , but my plan was , to stay in the trade , till the
lows of the three bars (marked) get broken.. wich eventually it did
so i was out for small loss..
-----------------------------------------------
Entry 2 /long
Second Long Entry , but yet again the high activity didnt made any
downward progress and i knew something was cooking up..
this time i waited for a retracement .. wich came in a form of 1
bar.. and i waited for the SL to break .. wich happened and i was
long and rode the wave , till the last DL line got broken.. where i
exited for a small win.. enough to cover the loss of the first entry..
------------------------------------------------------
Entry 3 / Short
a short play , i took an op. to join the longerterm trend , and
hoped in at a LH , to short , but i was ready to act quick as again
we had some buying in the background.. and are near a sup.
level.. this short wave might not be long and will maybe end in a
HL .
so i didnt get out at the first SL breaks due to the bigger pic , but
the break of the bars high , wich happend,, and iam out for a tiny
profit..
Aggressive Long Play
when i saw the momentum breakout to the downside of what
appears to be a hinge , but price made its way back to the hinge
i was ready to take an aggressive breakoutplay as i anticipated
some aggressive bulls aswell and some puking bears at the high of
the hinge after the fakeout to the downside ( barking dogs?)
as the position got triggerd , and momentum was on my side , i
knew as i saw that the pace drys out , i will let the price retrace to
its 50% mark wich is even slightly below my entry , to judge to either
pull the plug or stay in , if price gets rejected.. but as point (A)
happened ,the rallie bar towards the actual high wich failed to take
it out , i changed my plan on the fly and adapted to the markets and
wasent in to risk more then necessary , therfore i exited as soon as
the low of a bar at a DL broke .. for a small profit..
when i saw the momentum breakout to the downside of what
appears to be a hinge , but price made its way back to the hinge
i was ready to take an aggressive breakoutplay as i anticipated
some aggressive bulls aswell and some puking bears at the high of
the hinge after the fakeout to the downside ( barking dogs?)
as the position got triggerd , and momentum was on my side , i
knew as i saw that the pace drys out , i will let the price retrace to
its 50% mark wich is even slightly below my entry , to judge to either
pull the plug or stay in , if price gets rejected.. but as point (A)
happened ,the rallie bar towards the actual high wich failed to take
it out , i changed my plan on the fly and adapted to the markets and
wasent in to risk more then necessary , therfore i exited as soon as
the low of a bar at a DL broke .. for a small profit..
two trades ..
1st Short
as price traded at a res. i was looking for weakness/ or a
breakout as the DL broke and we made a LH/ret. , i was taking a
short , the decline came to an halt arround a earlymorning res and
i was exiting after the drift as a bars high got taken out
for a small profit
2nd short
after a retest of the res. wich yet again formed a LH i took
a short at the break of LH , and price dropped on good mom.
as it came towards a prev. hinge level , i was ready to get out as
soon as the last bars high is taken out wich it did ,for a nice
profit
1st Short
as price traded at a res. i was looking for weakness/ or a
breakout as the DL broke and we made a LH/ret. , i was taking a
short , the decline came to an halt arround a earlymorning res and
i was exiting after the drift as a bars high got taken out
for a small profit
2nd short
after a retest of the res. wich yet again formed a LH i took
a short at the break of LH , and price dropped on good mom.
as it came towards a prev. hinge level , i was ready to get out as
soon as the last bars high is taken out wich it did ,for a nice
profit
