Mike's Journal MSK185

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msk185
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Re: Mike's Journal MSK185

Unread post by msk185 »

Hmm Extremely dissapointed in my self.

Beautiful setup this morning on EURUSD M1 sleeping alligator, freshcross of a0, red smiley and red arrow obvious entry at 12492 but for some reason I didnt place my order

feeling sad
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Bettina
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Re: Mike's Journal MSK185

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Hi Mike,

same for me. Thinking to be in an abc correction I didn't trust the first arrow and retracement was not yet enough to believe in a proper W5. I feel with you, but nevertheless enjoy your holiday !
Bettina
Last edited by Bettina on 28 Jun 2012, 09:16, edited 1 time in total.
Topher
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Re: Mike's Journal MSK185

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msk185 wrote:Hmm Extremely dissapointed in my self.

Beautiful setup this morning on EURUSD M1 sleeping alligator, freshcross of a0, red smiley and red arrow obvious entry at 12492 but for some reason I didnt place my order

feeling sad
Mike
I am feeling even sadder. I had a PO set but cancelled it because I didn't like the look of the support and resistance levels to the left. Would have hit my tp for +45. That is how it goes sometimes.

Enjoy your holiday Mike.

Richard
The forex market will pay you well for discipline.
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Bettina
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Re: Mike's Journal MSK185

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Hi Richard,

I also had a PO and went out BE very quickly :o
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Spyros
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Re: Mike's Journal MSK185

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Actually, the face smiled at me when I refreshed the chart a couple of minutes ago.

I took the trade without it but exited too soon in fear of the news.
No need to feel sad. The next opportunity is around the corner.
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Herbert
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Re: Mike's Journal MSK185

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And then there was me, saw setup too late on EJ, so many indications what is coming up, even hidden divergence on 5min top....awesome opportunity... 89 pip run... :-h
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

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I am now feeling as low as the AO on my chart.... =:)
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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Bettina
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Re: Mike's Journal MSK185

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:-h
So we are all in the same boat !
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immy
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Re: Mike's Journal MSK185

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msk185 wrote:Hmm Extremely dissapointed in my self.

Beautiful setup this morning on EURUSD M1 sleeping alligator, freshcross of a0, red smiley and red arrow obvious entry at 12492 but for some reason I didnt place my order

feeling sad
ON a positive note, At least you spotted the setup. Procrastination is a traders nightmare! I suffer from that too. I used to be very aggressive, as the account grew I getting too cautious and when you lose balance you can get into procrastination. Trading requires maintaining a very delicate balance between being aggressive and conservative, between being greedy or fearful, over confident or lack of it. You just have to keep a balance and that is the most difficult part of it IMHO> Well, I took 9 pips out of that (rofl)
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".

I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.

My Deathbed Advice "5:1 Reward to Risk Ratio".

Yo, banana boy! 🍌
msk185
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Re: Mike's Journal MSK185

Unread post by msk185 »

Full sized rent looking for wave 5 entry looked good but just tagged in then reversed all the way to my stop


Thats' me done

Cheers
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