jasinhbca's quest for discipline, knowledge & profits

[NoDoji]

Quote from jas_in_hbca:

First trade should have been exited at a + 20-25 target instead of the higher target I had at 97.65. Missed it by a tick but still it's too high.

I took that trade, too, and changed my target from .62 to .63 to .64 and back to .62 after I put on the trade, LOL! The .62 was a key level for two reasons on the 60-min chart and the PA lately has been retracing pretty good off every key level.

 

[Redneck]

JIH

Adding these attachments (charts).., with a few comments on each


My over all remarks;

See if these make sense

Try to think in segments (up – down – sideways)

Each segment builds (evolves into) the next

Once a segment is done – it’s done – move on with your thinking – context - trading

Think what the 1 min PA / 1 min entry set ups / 1 min exits - looks like for each segment (going into a segment… while in a segment…, coming out of a segment

Break of a 5 min TL is the absolute exit – but – seriously give thought to exiting at the break of the 1 min TL – especially if that PB continues its PB

When in a trade - and price ranging - any break of that range against your position - Exit


Remember my remark about mimicking

Questions – please ask.., either here or PM

RN

 

[Redneck]

Chart 2

 

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Chart 3

 

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Chart 4

 

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Chart 5

 

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Chart 6

 

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Chart 7

 

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Chart 8

 

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And on it goes