Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
I was really distracted this morning and could not 100% focus on trading. Ended the day on the positive side of the ledger with one trade +15 ticks. I followed my rules on the trade and quit trading when I realized I did not have the focus to continue.
Heading down on the weekly chart. - Broke out of overnight channel on the 15 minute chart but it looks weak at the moment. Currently in a range on the hourly chart. Came within 4 ticks of making a double bottom on the hourly chart. The fact that it didnt touch it could mean it will retest again. If CL breaks 9445 on the daily this would violate the trend line. Could mean we go lower from here.
Horrible day- Missed the opening trade. My entries were too precise which means they all reversed. Jing crashed again. I need to reboot my trading machine. I will post my charts later. Ended the day -25 ticks.
Final Results for 5/13/14
Busy night. First warm day of May and I Finally had time to do some yard work. So I was going to put some charts together for today's trades but decided to show just one. Individual charts would be out of context. Below are the results and chart
I made the mistake of trying to be too precise on my trades. Hindsight being 20/20 I should have went with my two trades I outlined in my morning report. Had I done that I would have probably ended positive for the day.
Trade1
Entry Type: Selll Stop below Trend Line.
Entered to early. Hard reversal -10 ticks
Late start this morning. Over a 100 tick sell off overnight. The trend line on the daily chart has been broken. Channels on the hourly and 15 minute charts. Looking for a buy above 9254 and sell below 9290.
Robert
Edit: Posted yesterdays charts. Fix and posted todays.