ouch ouch ouch -4.5
Pete's Place
- Thread starter PetaDollar
- Start date
ready for a long if it back up to 36 or so
Here's the 11 min on that last trade.
A couple of things wrong with it.
One, not a good idea to risk 5 points to make 5 points.
Two, could have waited for a red candle in afternoon type stuff.
A couple of things wrong with it.
One, not a good idea to risk 5 points to make 5 points.
Two, could have waited for a red candle in afternoon type stuff.
done for the day. Somewhat dissapointing results but at least there's a rational reason. None of my scenarios panned out.
long from 49.5. 2nd failure, higher a/d
tgt 1 59.5
tgt 2 hold for breakout of 60
if it trades above 60 for more than 15 mins, and comes back down, exit at tgt 1
tgt 2 hold for breakout of 60
if it trades above 60 for more than 15 mins, and comes back down, exit at tgt 1
holding stop at 48.5
will also close one up if I get a short signal
I stopped it out at 48.5
result: -1
In retro, shooting star with 2 pt shadow on 2 min chart is a short signal
result: -1
In retro, shooting star with 2 pt shadow on 2 min chart is a short signal
a durned sweet short signal it turned out to be, too.
Rookie mistake.
Rookie mistake.