Bettina's Journal

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Bettina
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Re: Bettina's Journal

Unread post by Bettina »

One of "those ..." trades : Bad setup, entry to late and exit too early :))
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Herbert
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Re: Bettina's Journal

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Welcome back from your leave Bettina.
When one get to the point where your TP gets hit before you can update it, then you are in a good place..... B-)
Luck = LABOR UNDER CORRECT KNOWLEDGE - Forex Joe
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AIMS - The art of Trading markets successfully
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immy
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Re: Bettina's Journal

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Bettina!

good to know you had a good break. Breaks are always good. Nice trades there this am. I also took the rent above. oh well. My heart told me, it was too late and it was m5's time to go to 4th wave but I took it and paid the price. never mind... NEXT

Herbert: oh yes, thats a great feeling!
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! 🍌
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Bettina
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Re: Bettina's Journal

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Immy !
It's comforting, that you do something like that also !

Had a nice close for the day: 12,5 pips which completes more than 2 % today .
Till tomorrow !

Bettina

Edit : I also hesitated because of the wrong side Alli, but M15 and H1 gators were so widely open. That's what made me taking it.
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Last edited by Bettina on 10 Jan 2013, 15:35, edited 1 time in total.
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immy
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Re: Bettina's Journal

Unread post by immy »

Nice Trade Bettina! Well Done! Discipline Discipline Discipline! and some more! nice i wish you more of these....
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! 🍌
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Bettina
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Re: Bettina's Journal

Unread post by Bettina »

Thank you, Immy !

Today only nice little 5.5 pips with small S2 trade - changed my TP from 10 to whatever below TZ1, hmm - 10 would habe been hit.
Bettina
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immy
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Re: Bettina's Journal

Unread post by immy »

Bettina!

This is getting weird! Grant and I took this trade, He got 12 and I wanted more so I got 8. Similar u and me again! good good


Meanwhile Have a great weekend! cheers all.
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! 🍌
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Bettina
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Re: Bettina's Journal

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Took the same as Tomi : -3,5 p
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Tomi
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Re: Bettina's Journal

Unread post by Tomi »

Hi Bettina, mind if I ask what was your exit reason? Nice exit at least even though we got a rent.
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Bettina
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Re: Bettina's Journal

Unread post by Bettina »

Hi Tomi,

after having analyzed a lot of my trades I try another strategy, similar to Grants, but even sticter : I don't let them back into the box, which was my entry level.
So, if I enter 1 pip below the aims level , my stop is 1+spread ( = 2,5 ) above it, makes a risk of 3,5 pips.
I very very rarely had trades, which retraced into the box and then made it again. Most of them made a block dot and left me with -4,5,6,7
But - just a try for some time !

Bettina
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