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jiva34 replied Oct 26, 2016I don't want to open more than one position at a time. If I had taken a small loss then I would have had 3 good trades on pullbacks since my bias was trend up. Rather than risk one big loss... So I still see more upside on the 30.. But I will wait ...
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jiva34 replied Oct 26, 2016Sideways until new housing starts in US.. 1 hour. Then oil 30 mins after that. Sitting in this position is a waste. I could have taken a small loss and done 2 good trades at least in the time. I'll get the hang of that if I practice and this happens ...
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jiva34 replied Oct 26, 2016If I was waiting to go long I should have waited for the pullback. It looked like a breakout. How many times has that ever happened? but of the general direction is up then even if I got the entry a little wrong it won't matter. I think it is going ...
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jiva34 replied Oct 26, 2016This really is a lot of fun. I'm as poor a church mouse. Could really use some money. But at least I am enjoying what I am doing. And I am learning how the markets move. Keep practicing.
Need to cleanup, but hey who cares about that!! Need ...BB, MACD, and everything else where appropriate
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jiva34 replied Oct 26, 2016There's that 400sma. this in on the 1 min Wherever that 400sma appears it's like a magnet.
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jiva34 replied Oct 26, 2016Maybe that was it... the high for the day. New York going to reverse it a bit. This is what goes on when there is no defined trend.
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jiva34 replied Oct 26, 2016yes it was bullish Could have waited for a pull back. Trying to break out and go for that 400sma on the 30?
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jiva34 replied Oct 26, 2016I think this is a bullish pattern on the 1 min. a "bear trap" If it pull back again I'll enter again.
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jiva34 replied Oct 26, 2016No defined trend on the day...
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jiva34 replied Oct 26, 2016Just not enough market activity. Out for +2.2 Look for another entry...
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jiva34 replied Oct 26, 2016I'd like to be in and out several times on the way. That's the idea. Know the trend and buy on pullbacks.. I'll get the hang of it. Practice makes perfect. Who knows if there will even be a forex market by the time I get it right. The whole economic ...
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jiva34 replied Oct 26, 2016NY is open... data in 2 hours. I think the 400 sma on the 30 min is where it's headed. After the data I'm think it will pullback some. So buying the rumor and selling the news in play?
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jiva34 replied Oct 26, 2016That could be as close as it get to the target. When it is slow like this the sma's and the bollinger bands tighten. And come up the prices rather than the prices running to reach them. So prices do reach the bb but because they moved. Because the ...
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jiva34 replied Oct 26, 2016The target is the 20sma on the 30 min which coincides with the lower bb on the 15. But look at that bounce off the 400sma on the 1 min... the 400sma is a very powerful ma.
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jiva34 replied Oct 26, 2016If I wanted to go short as seen on the 30, I could have checked the 1 min for a better entry. I would have seen the MACD was rolling over for retracing.
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jiva34 replied Oct 26, 2016Okay, in short... on the thirty macd rolling over and prices head for the 20. it's not really an up trend on the day yet so both long and short are suitable... If it stalls here the 20 will come up to meet it. NY in 30 mins.
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jiva34 replied Oct 26, 2016Out for -7 pips... But rather not take a short position.... But maybe it is okay to trade long and short since the day trend is flattened and not identifiable as long yet. Just wait for a long set ups... Maybe New York...
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jiva34 replied Oct 26, 2016A long rest flat like this after big move up resets everything. MACD looking like it wants to turn up... It's like starting over again to decide a trend. Like the big move up never happened. It can continue up new buyers... or it can fade. But the ...
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jiva34 replied Oct 26, 2016The buyers are gone after a big uptrend. Trading in a channel on the 5 minute. On the 15 minute trying to reach the 400 sma just above. this could be as close at it gets to 400sma before swinging back down. But the day shows an uptrend bias. most ...
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BB, MACD, and everything else where appropriate
Started Oct 26, 2016|Trading Journals|108 replies
Studying the market using this technical strategic overlay makes more sense to me than ...