Mike's Journal MSK185

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Herbert
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Re: Mike's Journal MSK185

Unread post by Herbert »

Hey Mike. On the last 2 trades:

All i can offer with rearview mirrors are:

Trade 1: Setup looks ok.
Trade 2: I see significant 1H support/resistance line your short went into, with previous rejection candle also. See pic.
Trade 3: Several previous AIMS levels to break through.

Regards
Herbert
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Last edited by Herbert on 23 Jan 2012, 15:26, edited 1 time in total.
Luck = LABOR UNDER CORRECT KNOWLEDGE - Forex Joe
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AIMS - The art of Trading markets successfully
msk185
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Re: Mike's Journal MSK185

Unread post by msk185 »

Hi guys, thanks for the input looks like i need to work on my patience to wait for grade A setups

Cheers

Mike
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Re: Mike's Journal MSK185

Unread post by msk185 »

Morning - first trade today just 1 pip but at least a profit.

Took the break short, fresh cross of aO fresh aims level, price found support at the 5 and 15 min lows, so closed trade manually.

Chart below.

Cheers

Mike
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Thuvie
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Re: Mike's Journal MSK185

Unread post by Thuvie »

Hi Mike

what the difference between AIMS Box and the Big Box?

Kind regards

Coopps
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Re: Mike's Journal MSK185

Unread post by Thuvie »

Mike

Not to worry!!!

I read the update immy posted....

Quick question though,....Do any of the dots paint outside the AIMS or Big Box?

Kind regards

Coopps
msk185
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Re: Mike's Journal MSK185

Unread post by msk185 »

Hi

Yes a dot bar can break the aims box thats when you get a green for a long and a pink for short and then we wait for a new aims level to form

Cheers

Mike
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Re: Mike's Journal MSK185

Unread post by msk185 »

Second trade today similar in setup to trade 1 and similar result very small profit, entry on sleeping aligator target 15 min low, exit when price retraced in an area of support seen to the left
Still feel too nervous once in a trade something to master
Hopefully next time I'll make a bit more profit :)

Mike
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Grant
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Re: Mike's Journal MSK185

Unread post by Grant »

HI Mike,

took that trade for BE on a candle trail...

keep at it, the range will break soon....

cheers
Grant
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Herbert
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Re: Mike's Journal MSK185

Unread post by Herbert »

Hey Mike. Same trade here. Almost thought i was looking at my own chart. Squeezed +5.8 pips out.
I had divergence that prompted me to close

Herbert
Luck = LABOR UNDER CORRECT KNOWLEDGE - Forex Joe
"Nothing wins more than superior research and preparation"
AIMS - The art of Trading markets successfully
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Herbert
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Re: Mike's Journal MSK185

Unread post by Herbert »

Coopps. This is Mike's journal. I recommend you take the faultfinding elsewhere before he kicks us all off...... ;)
Herbert
Luck = LABOR UNDER CORRECT KNOWLEDGE - Forex Joe
"Nothing wins more than superior research and preparation"
AIMS - The art of Trading markets successfully
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