Seeking consistency

This is a discussion on Seeking consistency within the Trading Journals forums, part of the Reception category; Hi, 97 pages on, may one inquire if you think you are improving or have improved or miraculously about to ...

Reply
 
LinkBack Thread Tools Search this Thread
Old Oct 10, 2013, 11:41am   #777
 
Pat494's Avatar
Joined Mar 2004
Hi,

97 pages on, may one inquire if you think you are improving or have improved or miraculously about to improve ?
Does your p&l delight you when you contemplate it in the wee small hours ?

Just curious.
__________________
Imagination is more important than knowledge.
Einstein
Imagination should be used constructively on the firm basis of knowledge.
Me
Pat494 is offline   Reply With Quote
Old Oct 11, 2013, 12:14pm   #778
Joined Dec 2009
Leia started this thread
Quote:
Originally Posted by Leia View Post
Large daily trigger, in line with recent strong up move

a 50% retrace entry provides an acceptable risk to reward, with a target at the recently posted highs

Order at 0.82 65, stop 0.81 90 (75 pips)
Target at 0.84 30 (175 pips) R2+
Price has posted to 0.83 40, which is +75 pips and 1 times my risk on this trade 1R
I have therefore moved my stop to break even
Attached Thumbnails
nzd-usd-stop-breakeven.png  
Leia is offline   Reply With Quote
Old Oct 21, 2013, 10:46am   #779
Joined Dec 2009
Leia started this thread
Quote:
Originally Posted by Leia View Post
I have therefore moved my stop to break even
Trade target achieved
Attached Thumbnails
nzd-usd-target-achived.png  
Leia is offline   Reply With Quote
Old Nov 4, 2013, 12:41pm   #780
Joined Dec 2009
EUR USD long trigger

Leia started this thread Daily indicators long, 4 hour short
Price has printed a long trigger (hammer style shape) candle on the 4 hour chart around a level of previous support zone on the daily chart as well as between the 50% & 61.8% fibonancci re-tracement level of the previous 'up' leg and bottom of the ascending channel on the weekly time-frame

I recognise that this signal is counter the recent very strong momentum (on the daily & weekly charts) as well as the last monthly candle that shows rejection of higher prices at this time, at the current years highs. However the risk reward is strong (around three times)

I have therefore placed an order long @ 1.35 00 with a 60 pip stop @ 1.34 40 and target just below the strong resistance of 1.37 00, presently representing the 2013 high
Attached Thumbnails
eur-usd-long-trigger.png  
Leia is offline   Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Similar Threads
Thread Thread Starter Forum Replies Last Post
Proof of consistency trading forex epic767 Forex 7 Jan 25, 2008 10:18pm
Question 3: Moderation fairness and Consistency barjon T2W Feedback & Announcements 27 Nov 29, 2005 12:46am

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)