Mike's Journal MSK185

[msk185]

First trade this week, I didn't see any setups yesterday morning and with all the holidays I decided to t trade the afternoon session.

Nothing this morning, but saw this setup - was it a valid setup? I'm not so sure now anyway result was -7 pips.

Entry was break of multiple aims levels at 12519, stop moved to 3pips above trigger candle high and 1 pip above reverse dot signal

Supppose you have to pay rent in advance

Mike

2905 1331.gif

[Grant]

Hi Mike,

rent for me as well.....

cheers
Grant

[immy]

First trade this week, I didn't see any setups yesterday morning and with all the holidays I decided to t trade the afternoon session.

Nothing this morning, but saw this setup - was it a valid setup? I'm not so sure now anyway result was -7 pips.

Entry was break of multiple aims levels at 12519, stop moved to 3pips above trigger candle high and 1 pip above reverse dot signal

Supppose you have to pay rent in advance

Mike

2905 1331.gif

That would definitely have been a rent for me for sure. The fact that Grant confirmed it was a rent for him means it WAS a correct setup.

cheers
ps: he rarely gets the entry wrong!

[msk185]

Afternoon everyone, I couldn't find a setup to take advantage of the morning moves - or at least I wasn't brave enough to trade them, however caught the following set up this afternoon on EURUSD.

M5 alligator was open heading down, Po was below M15, M5 and M1 levels, price broke and I exited for 9 pips when price began to stall at the 60min low

Interesting to note that I was feeling very calm and relaxed when I placed the PO and took this trade, a little more nervous once in the trade but generally calm

I think this was a good trade, in cash too so all the better.

Cheers

Mike

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[Herbert]

A perfect break-out trade Mike. Same here. Nicely managed too!!!
Herbert

[immy]

I specifically logged into the forum for this setup. Was curious who got it and who missed. This was a no brainer setup. Everything was pointing down! well done.. Rinse and Repeat Rinse and Repeat

(Herbert you beat me to the post... here I come again)

[Bettina]

Hi Mike,

nice catch, you took the setup before mine. I missed this one, because I thought the correction was so small, but it's not everytime John's abc ( 3-5 ) pattern.

Bettina

[immy]

Hi Mike,

nice catch, you took the setup before mine. I missed this one, because I thought the correction was so small, but it's not everytime John's abc ( 3-5 ) pattern.

Bettina

Its Steve Bettina! Steven Norman the Storm of Wisdom and Intelligence, the Snorm of love and self less service! The Greatness of a Sage ! Steve the Great aka Snorm (rofl) \m/ :o3

[Bettina]

Hmmh - don't know, how that happened.
My honest apologies, Steve !
Immy, thx for drawing my attention to that mistake.
Bettina

[Nitin]

Hmmh - don't know, how that happened.
My honest apologies, Steve !
Immy, thx for drawing my attention to that mistake.
Bettina

Lol Bettina, these mistakes happen whn we always thinking abt someone else, Jhon <3 (hug)