Good evening! i don't want to be cheeky but this might sound like it... today, why are you trading UJ?Nikita wrote:Good evening, guys!
Today i faced a problem - a proper s1 setup with m5 clear trending + tight box + m5 momentum + m1 momentum = rents.
I think, i should have set PO after m5 level.
But could i know about this reversal by reading AO? Were there any signs of reversal i missed?
Nikita`s journal
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immy
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Re: Nikita`s journal
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
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!
The Consistent Pursuit of DS1
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!
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Nikita
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Re: Nikita`s journal
It was just a try... 
Accidently i ve seen m5 wide open gator, and found nice m1 dot alert)
Not going to trade it, but this rents made me nerveous. Why this time it didnt workout?
Accidently i ve seen m5 wide open gator, and found nice m1 dot alert)
Not going to trade it, but this rents made me nerveous. Why this time it didnt workout?
Who says we cannot predict, you can, thats not a problem, problem is how you react after you've predicted. (c) Immy
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Dave
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Re: Nikita`s journal
Nikita. There is absolutely no way to say why or why not a particular setup works or doesn't work. At best we can hope for 50/50 winners and losers by trading the setup. Consistent profit over a large number of trades comes from consistently managing your entries so that your rents are small and your winners are allowed to become large.
Don't beat yourself up about these entries not working. Just take the next setup when it's there.
Don't beat yourself up about these entries not working. Just take the next setup when it's there.
Now, I choose to make a profit in trading.
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Nikita
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Re: Nikita`s journal
Thanks, Dave.
Today no trades.
Tommorrow will take a rest. It s my Birthday, so see you on Thursday!
Many pips you, guys!
Today no trades.
Tommorrow will take a rest. It s my Birthday, so see you on Thursday!
Many pips you, guys!
Who says we cannot predict, you can, thats not a problem, problem is how you react after you've predicted. (c) Immy
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immy
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Re: Nikita`s journal
HAPPY BIRTHDAY NIKITA, WISH YOU A VERY HAPPY DAY AND MANY PIPS YOUR WAY
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
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!
The Consistent Pursuit of DS1
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!
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Tomi
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Re: Nikita`s journal
Happy birthday Nikita! Let the market give you a full bag of pips on Thursday as a present!
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Dave
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Nikita
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Re: Nikita`s journal
Empty morning. No trades.
NYO. Only 6pm news kept me next to the screen (2 hrs after open left). And i m glad that i stayed. My exit was against my rules, but i been next to screen more than 2 hrs. So i ll be working at it.
NYO. Only 6pm news kept me next to the screen (2 hrs after open left). And i m glad that i stayed. My exit was against my rules, but i been next to screen more than 2 hrs. So i ll be working at it.
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Who says we cannot predict, you can, thats not a problem, problem is how you react after you've predicted. (c) Immy
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Nikita
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Re: Nikita`s journal
Again just waiting during LO.
NYO slightly better. I have a dinner with realtive, so have to leave early. NExt time i ll be till its over =p~
NYO slightly better. I have a dinner with realtive, so have to leave early. NExt time i ll be till its over =p~
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Who says we cannot predict, you can, thats not a problem, problem is how you react after you've predicted. (c) Immy
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Nikita
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Re: Nikita`s journal
Today was a rent day.
1st during LO - just dint work out. NExt.
2nd - too early. sset PO just before NYO, and opening candle kicked me out.
M5 trend was not perfect both times, but i think setup was quiet ok .
Appreciate any advices.
1st during LO - just dint work out. NExt.
2nd - too early. sset PO just before NYO, and opening candle kicked me out.
M5 trend was not perfect both times, but i think setup was quiet ok .
Appreciate any advices.
You do not have the required permissions to view the files attached to this post.
Who says we cannot predict, you can, thats not a problem, problem is how you react after you've predicted. (c) Immy