Monday, September 21, 2009

fear still in charge

Fear of losing is the greatest enemy, I still feel it every trade, which makes it difficult in the road of being a trader

Today I traded from 1 pm to 4 pm
2 trades
1 net point
The charts are 60 min, 5 min, and 1 min with entries and exits plotted (in this order)






 

 

 


Still some problems with the exits, not letting it hit the target
Rushed a bit into the entries because fear of losing entry

Friday, September 18, 2009

Friday market action

First Trade

 Market structure chart



Trading timeframe Chart





Triggering timeframe chart










Red arrow STOP
 Blue Entry
 Green Close

Wednesday, September 16, 2009

Blogging the charts

Well guys welcome to this place. It's been a year since i started the demo. I have made mistakes that thank god have been on demo. Until I am not kind of secure i will not go real. Anyways I will document here CHARTS and TRADES i may take in order to have the CHARTS stored for futures review of myself. I will post the charts to see the market action NOT my trades i dont care about my trades I care about the market action, nothing else.



Two trades today. The ES making new highs, Momentum keeps going while i am in the market.

- First Trade:
  • Bought Pullback as ES keeps moving up making new highs
  • Cutting profits soon, Not wating for target out of fear.
- Second
  • Trend Fade on resistance, Dangerous trade, Cut profit soon out of fear.
 

 

 

 










Blue arrow entry
Red arrow stop
Green arrow close




   2.75 Points