Posts Tagged dow jones
I pulled a good trade today, went long at 128250 as the market pulled back to hit the 5 day MA on the 5 min charts. The MACD and Stochastic in both the 5 and 15 mins were all pointing the right way which made me more confident.
I targetted 128975 but when it hovered around 128900, I manually closed out at 128875 for 25 prices!!
However, this was all on the simulator (I went back to it yesterday after losses).. Now, this is very odd.. I do very well on simulator and lose on the live account
January 23, 2008
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Today I came into the market nervous. I had emailed my trading mentor to discuss my trading and my recent losses. He said that in usual cases, it's a case of 3 losses and then you get relegated/demoted/beaten up or whatever you want to call it. I've already had 3 losing days and he gave me an extra lifeline.. I had to make it today else all the above, which, of course, put on the extra pressure.
Anyway, from the chart you can see another set of arrows.. these blue arrows are the trades whichÂ
January 17, 2008
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I made one trade today, long 141225 when the 4 min stoch and MACD were looking like they were heading up. The 15 min stoch also was heading up… I was cautious as the MACD was still in a sell state.
I bought in and the market moved quickly upwards, it reached my 10 prices and I moved stop to breakeven. However, soon after this market fell and stop got hit. I ended up with no loss or win…
January 11, 2008
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