Kyle's Journal Mk2
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Kyle
- Free Member
- Posts: 307
- Joined: 19 May 2012, 11:08
- 13
Re: Kyle's Journal Mk2
Today, during LO, I took two trades. One a good one, and the other a DS=0. Good trades being defined by having the correct setup, not if it profited or not.
First was absolutely simple. The market decided it was heading south and gave a nice little pullback and seed appeared. On the ball this time and took the trade straight away (I was waiting for it), and although it got 2 pips slip, still ran away for a 2R.
Second trade lost the discipline. A0 was still pretty high and it was a fair bit away from channel. Should have let it pass and wait for a better quality one.
I was casually watching in the leadup to NEO and saw another nice one setting up, so took it. initially, took off nicely and locked SL to BE via ATM, and then lost the feed (lost on the broker side). Luckily, when the feed resumed, the trade closed out straight away for a BE trade. DS=1 for that one. A bit later during NEO, we got the break from the channel and pulled back with a seed, then a cherry signal. Took the PO, but went to SL this time around. No issue as it was a valid trade.
A BE day overall today, with one 2R, a BE and two rents, one of which should not have been taken. Live and learn.
Current T20 score is 9/10
First was absolutely simple. The market decided it was heading south and gave a nice little pullback and seed appeared. On the ball this time and took the trade straight away (I was waiting for it), and although it got 2 pips slip, still ran away for a 2R.
Second trade lost the discipline. A0 was still pretty high and it was a fair bit away from channel. Should have let it pass and wait for a better quality one.
I was casually watching in the leadup to NEO and saw another nice one setting up, so took it. initially, took off nicely and locked SL to BE via ATM, and then lost the feed (lost on the broker side). Luckily, when the feed resumed, the trade closed out straight away for a BE trade. DS=1 for that one. A bit later during NEO, we got the break from the channel and pulled back with a seed, then a cherry signal. Took the PO, but went to SL this time around. No issue as it was a valid trade.
A BE day overall today, with one 2R, a BE and two rents, one of which should not have been taken. Live and learn.
Current T20 score is 9/10
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