I didn’t trade yesterday evening, as I had to work late and I didn’t get off work until 8pm. I did trade early that morning though around 4am. I managed one trade then, it was ITM. My second trade was today, and was based off PA, Fibo, and the Timing chart. Im still tweaking my […]
10/30/2012 Trick or Treat! Scary trading ahead of Halloween. I have noticed the ranges have contracted quite a bit on the signals which happens I believe when the market is missing people as it was because of Hurricane Sandy. Still monday was a good trading day and friday was the turn around after wend/thurs being […]
Hey everyone today was a bad day for my trading, and a lot of it is Markets World not filling my orders at the right time and when the expiry price chosen. I’m slightly irritated with marketsworld at the moment for some of these reasons. Anyways, I am trying a new indicator known as the […]
25 October, 2012 So today I made two trades, one ITM one OTM. I didn’t trade much this week mainly because of work and I decided to focus on reading my price action books. I’m trying to weed out low probability trades and take only the best, but I’m having a hard time doing that […]
10/25/12 Hello everyone! So today I have included a shot of some of my days trades, and want to explain a betting strategy I am a fan of.. This is the “Martingale” method of trade size amounts. A martingale is any of a class of betting strategies that originated from and were popular in 18th […]
10/25/2012 Trading has very much SUCKED for me both weds/thursday. This is where money management/risk management is job #1. This is where you will most likely be tempted to go TILT as a trader. To me its just an efficient marketplace cycling through kind of like a storm passing by. As a trader you can’t […]
24 October 2012 Yesterday was more of a normal day as my win streak came to an end :( Every week or so I catch a 6-10 trade streak that helps keep the balance of statistics in place for my 80% average. This balances off maybe a day or two of lackluster results. I often […]
October 24, 2012 I received some questions regarding this post and aim to address them all here. One question was how many bounces do I look for when considering a level as “valid” or not. The simple answer is that I usually look for at least two bounces. Exceptions might be for recent extremes on the chart […]
October 23, 2012 Support and resistance levels are essential to technical analysis as they reference areas on a chart where price has a tendency to consolidate and potentially reverse from its previous direction. You might also hear some traders refer to these as “demand zones” and “supply zones” for support and resistance, respectively. Conceptualizing it […]
22 October 2012 I headline this blogpost with “Too Easy” because it was an almost perfect day for my ALGOs. I had 8 wins with 8 trades 100%. I wish everyday could be like this. But markets don’t always flow as they should and that is ok. In the end you can only try to […]