swing trading every market but stocks (pics of account and live calls )

This is a discussion on swing trading every market but stocks (pics of account and live calls ) within the Trading Journals forums, part of the Reception category; Originally Posted by Nowler Whoa! 80 hrs per week! Certainly earning your money Haha that was my last job I ...

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Old Sep 27, 2017, 10:52pm   #31
Joined May 2010
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Whoa!
80 hrs per week!

Certainly earning your money


Haha that was my last job I had for years. Currently enjoying a cushy accounting gig with a nice big firm lol
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Old Sep 27, 2017, 10:59pm   #32
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Haha that was my last job I had for years. Currently enjoying a cushy accounting gig with a nice big firm lol

Ahh...much better
Nobody could keep that sort of thing up for too long and still remain "intact".

I personally would like to be a bit busier.
Long-term unemployment sucks the life out of a person.

Hopefully I can learn a thing or two from this journal
Hopefully speed up my training period
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Old Sep 27, 2017, 11:04pm   #33
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Ahh...much better
Nobody could keep that sort of thing up for too long and still remain "intact".

I personally would like to be a bit busier.
Long-term unemployment sucks the life out of a person.

Hopefully I can learn a thing or two from this journal
Hopefully speed up my training period

Yeh that's pretty much it. At one point I was so determined to save cash and open my own franchise but I realised I actually just liked ticking and tying the financial side of it more than the running around endlessly lol.


Yeh no promises lol. This is just an honest attempt at a side hustle
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Old Sep 27, 2017, 11:08pm   #34
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Yeh no promises lol. This is just an honest attempt at a side hustle
Inspiration can come from anywhere
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Old Sep 27, 2017, 11:11pm   #35
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Inspiration can come from anywhere
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Old Sep 27, 2017, 11:16pm   #36
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Chartsy started this thread Ok here is one thing I'd like to discuss about flags /compressions and price and breakouts .

I much prefer to see a downward coiling of price and a mild pop, rather than a horizontal compression and pop. The latter can still do alright if the breakout bar is mild but often the breakout is too big and it's too late to jump in when the confirmation arrives .

that said , either way , a nice flat base can be as favourable as a downward compression.

See pic attached , just drew this on my phone . 1 is the best scenario , 2 can still be decent but depends a lot on the breakout bar

I'm sure many technical traders will disagree , but these are my findings and what I'll be using in this thread
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Old Sep 27, 2017, 11:20pm   #37
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Chartsy started this thread Here's an example of a perfect flag: best entry would be the first green candle after the coiling
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Old Sep 27, 2017, 11:22pm   #38
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Here's an example of a perfect flag: best entry would be the first green candle after the coiling


Compare that to this very flat base which had a huge pop- too late to buy into imo

In other words I look for a balance between decent confirmation on the one hand as well as ensuring price isn't exhausted
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Old Sep 27, 2017, 11:28pm   #39
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Chartsy started this thread Take the dax today for instance , nice coiling which is slightly downward; nice pop , perhaps I would have preferred a slightly smaller breakout bar but imo the breakout bar is indicative of future momentum more than exhaustion . If my pay comes in at 12 tonight I will be buying this
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Old Sep 27, 2017, 11:35pm   #40
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Chartsy started this thread Apologies for the amateurism (phone pics)
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Old Sep 28, 2017, 3:37am   #41
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Chartsy started this thread Ok so I've only stuck 1k in.

I just bought dax £1 per pip @ 12675.5 , stop loss 12602.5. Just this once I've placed a hard target of 200 ticks
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Old Sep 28, 2017, 5:27pm   #42
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Chartsy started this thread I just bought the dow £1 per point . Nice breakout of consolidation on the 4h giving a slightly early entry to a daily chart flag break. A 200 tick target again
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Old Sep 28, 2017, 9:30pm   #43
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Hi ho,

Ditto on the DAX, I bought some just a little bit below you @ 12663.

But I am not planning on buying Wall Street, unless we get into the 22,440's.
I was wondering what prompted you to enter this before a break out?

EDIT: Btw, I have hedged the DAX over night, I just dont trust it out of hours, when often reactions seem to take place.

Last edited by Jason101; Sep 28, 2017 at 9:57pm.
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Old Sep 28, 2017, 11:11pm   #44
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Hi ho,

Ditto on the DAX, I bought some just a little bit below you @ 12663.

But I am not planning on buying Wall Street, unless we get into the 22,440's.
I was wondering what prompted you to enter this before a break out?

EDIT: Btw, I have hedged the DAX over night, I just dont trust it out of hours, when often reactions seem to take place.


Hey mate . In my opinion we actually did get a breakout , but just not a conventional break of the highs kind, more of a squeeze and pop of a flag/wedge
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Old Sep 29, 2017, 7:28am   #45
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Chartsy started this thread I just trailed my stop on dax under a minor swing low which is around breakeven
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