Recent content by Project.Sagana

  1. P

    Mark Douglas Interview

    Mark Douglas - MIND OVER MARKET (Full length Interview) - YouTube I just finished watching this, and it definitely gave me a new perspective on trading and my state of mind. I'm reading his book "Trading In The Zone" and it's good so far. I just want to share this video
  2. P

    Project Sagana Progress

    The pair EURUSD might have quality shorting opportunities for a medium term trade. On the daily trend, the pair has been bullish since July 2012. In the bigger time frame, it has been bearish since 2008. It's forming a descending triangle, although this triangle is preceded by a long term up...
  3. P

    Price, (Volume), Support, Resistance, Demand, Supply . . .

    I see a continuation trends as buying pressure continues to overwhelm the selling pressure until the first top. It drop down near 119 and buying pressure stopped it from dropping further. The price rose up to 120 and selling pressure definitely took over below 119 because there was less buying...
  4. P

    Price, (Volume), Support, Resistance, Demand, Supply . . .

    Re: A Trade Review Request from dbphoenix Yea I've been following Sam Seiden's webinar on fxstreet and his articles. I think these questions somewhat answered my own questions. Now that I was wrong, I think my mind will look for ways the justify what happened. And this is what I have came up...
  5. P

    Price, (Volume), Support, Resistance, Demand, Supply . . .

    A Trade Review Request from dbphoenix Hey dbphoenix, would you mind reviewing my trade and answering my question? My entry and and my reasons for it. EURJPY Hourly Time Frame EURJPY 30 Min Time Frame My question is: Why is the lower demand zone was the turning point instead of the one I...
  6. P

    Project Sagana Progress

    1-15-13 EURJPY Trade Loss My entry and and my reasons for it. EURJPY Hourly Time Frame EURJPY 30 Min Time Frame My question is: Why is the lower demand zone was the turning point instead of the one I picked above which had a strong move up in price?
  7. P

    Project Sagana Progress

    1-16-13 MYL Results This is what happened days after reaching the supply zone on the week. I didn't make that play because I was on my day limit pattern trader. If I did and I was wrong, meaning getting stopped out on the same day, my broker is obligated to freeze my account for 90 days or I...
  8. P

    Price, (Volume), Support, Resistance, Demand, Supply . . .

    This question pertains to me as well. I would be asking this question but it is about stocks. I trade stocks. Thanks in advance!
  9. P

    University Trading

    You can do it man. Just follow your plan and believe in your self. I'm in the same shoes as you, I am just learning as well and I'm sure any encouraging influence towards success is always good. Good luck bro!
  10. P

    Project Sagana Progress

    1-10-13 After Thoughts Today was a loss in my real account and a win in my demo account. But overall I feel productive and understanding what was happening. I know these losses are part of my learning experience. Failure is part of success. I just got to keep on going and learning. I truly...
  11. P

    Project Sagana Progress

    This is a trade from my Metatrader 4 Demo Account. It's a profit using supply and demand method. My entry was on 1-4-13 I got filled today for a profit
  12. P

    Project Sagana Progress

    And.... I got stopped out again.The trade above was a loss. I now only have 1 day trading left until next thursday to a full 3 because of the pattern day trader limit. I was wrong. How should I take this? Well I'm glad I'm using appropriate position sizing. Even though I lost I still have some...
  13. P

    Project Sagana Progress

    1-10-13 MYL Sell Short Limit Order Here's a set up that I hope to get filled. and this is the QQQ and how I relate to MYL current price action
  14. P

    Project Sagana Progress

    1-8-13 MYL Long Loss So that trade was a loss. I learned my lesson. I definitely need to leave some space for the price to wiggle between the bases I identify and my stop loss. This is the second time that happened to me, where my sentiment of the market is right, but I would get stopped out...
  15. P

    Project Sagana Progress

    QQQ Short Guys thanks for the feedback. I now set my position size based on the difference between, my entry and stop loss. That way I am limited to my losses. Here's a table that I made on MS Excel Share Size VS Max Risk My first trade of the year was a profit. Not much but I'm happy with...
Top