Pin Bar System

[pocrel]

trade alert: order pending long silver, just managed a 1 to 1would prefer gold but its not 1 to 1

chart

 

[pocrel]

chart
View attachment 114878

long silver now

 

[pocrel]

trade alert : watching dax long

 

[pocrel]

trade alert : watching dax long

dax broken down order cancelled

 

[pocrel]

long silver now

Banking +20 full points on silver


cant take much more of the pain

 

[pocrel]

trade alert : watching ftse for a short entry

 

[pocrel]

trade alert : watching ftse for a short entry

short ftse now

 

[pocrel]

short ftse now

chart

 

[pocrel]

trade alert short crude now

 

[pocrel]

trade alert short crude now

chart

 

[pocrel]

closing out all positions for the day

 

[pocrel]

ftse +16 full points

wti +48 full points


total trades today:3

+84 full points

3 wins, no losses, no breakeven

 

[DDI]

i missed crude but entered now on retrace....hopefully it should hit lows

 

[pocrel]

Well finally managed to stop the rot this week, its been a hard slog, with systems you will always have draw down periods, you just have to have enough faith in you r system to put the losses behind you and take every trade as a new one with out looking back at the previous trades, this is much harder to do than it looks as the mind is full of demons but if you can master this aspect of trading then you are getting somewhere.

Catch you tomorrow hopefully we can regain all the losses

 

[neil]

Well finally managed to stop the rot this week, its been a hard slog, with systems you will always have draw down periods, you just have to have enough faith in you r system to put the losses behind you and take every trade as a new one with out looking back at the previous trades, this is much harder to do than it looks as the mind is full of demons but if you can master this aspect of trading then you are getting somewhere.

Catch you tomorrow hopefully we can regain all the losses

Very true but a difficult truism for anyone to grasp unless they actually trade ie. back their judgement with hard cash which is the moment you begin to battle your demons as they pop into your head.

 

[pocrel]

tgrade alert : watching aud for short

 

[pocrel]

tgrade alert : watching aud for short

short now

chart

 

[pocrel]

short now

chart
View attachment 114948

given the aud enough time does nt seem to want to go anywhere so will cut it for nothing

audusd +0

 

[Gelly]

tgrade alert : watching aud for short

Morning Pocrel - Could you pse tell me which pivots you use, do you calculate them yourself? I have AutoPivot Indicator showing R1 as 10682 Live Charts R1 is 10689 but you show 10691! I have a pin at 9.00 but not earlier oh I am now short too. Cheers, Geoff

 

[pocrel]

given the aud enough time does nt seem to want to go anywhere so will cut it for nothing

audusd +0

says it all thing falls the min i come out the gods are playing with me