Some Trades

[barcadia]

I'll post up trades i've taken after closing them.

4480.5 acted as support 3 times before it eventually broke quite violently.
Thought there'd be trapped longs in the area and shorted the market as it went back to retest the area.
Trend was also clearly down.

result: stopped -4 points

 

[barcadia]

Long on inverted head and shoulders pattern

 

[barcadia]

price putting in a higher low here - maybe getting ready for another push up?

 

[barcadia]

boring price action. Fallen into some sort of a wedge. Compressing....
(blue lines)

 

[barcadia]

Long on inverted head and shoulders pattern

Result: stopped -12.75

 

[barcadia]

last one today. Broken out of a 'flag' formation.
Looking for one of nodoji's 'measured moves'

 

[barcadia]

last one today. Broken out of a 'flag' formation.

closed -3

 

[barcadia]

Maybe i'll keep an eye out for doji bars on the 1 min on Monday.
Would have given a few good trades today.

 

[DDR]

barcadia, if you don't mind me asking, how tight are your stops ?
If too tight that in it self is self sabotage. looks like your right in analysis but getting taken out only to see price continue as you previously surmised. Maybe I'm wrong here ?

 

[barcadia]

barcadia, if you don't mind me asking, how tight are your stops ? ?

they vary depending on the pattern

Quick comparison of a 'flip' trade that worked, vs one that failed (previous support becomming resitance)