mea culpa, mea culpa, mea mÃ¡xima culpa

NexusFi · 2012-09-04T14:51:02-04:00

so i tried to short the top of the trend channel on a break below the ND bar.. that pushed right back up to stop me out on a massive bar. then price came right back down from that bar and still in the upper area of that trend channel on lower volume on the push up and the next bar so i thought maybe i was just a tad early.. that also got stopped out and realized i was on the way wrong side of the mkt.. i talked with t123knight about it and i really hadnt payed much attn to the background of the HT charts.. i …

Discussion in Trading Journals

Updated September 4, 2012

mea culpa, mea culpa, mea máxima culpa

September 4th, 2012, 02:51 PM

#21 (permalink)

madLyfe

Des Moines, Iowa

Elite Member

Experience: None

Platform: Ninja, TOS

Broker: AMP/CQG, TOS

Trading: CL, TF, GC

Posts: 1,641 since Feb 2011

Thanks Given: 9,220

Thanks Received: 1,021

what i posted in the wyckoff speculator

Wyckoff Speculator

very nice how that all played out once we got that bearish change in behavior..

a: the breakout of the TC after it failing to reach the bottom of said TC

b: obv buying supported by the wave volume on the breakout

c: nice little spring/reverse …

thread.

very nice how that all played out once we got that bearish change in behavior..

a: the breakout of the TC after it failing to reach the bottom of said TC

b: obv buying supported by the wave volume on the breakout

c: nice little spring/reverse upthrust(whatever you wanna call it)