NexusFi: Find Your Edge


Home Menu

 





the easy edge for beginner traders


Discussion in Trading Journals

Updated
      Top Posters
    1. looks_one creekboy with 1,035 posts (301 thanks)
    2. looks_two Allistah with 36 posts (8 thanks)
    3. looks_3 Rad4633 with 35 posts (18 thanks)
    4. looks_4 lolu with 25 posts (1 thanks)
      Best Posters
    1. looks_one cory with 0.7 thanks per post
    2. looks_two Rad4633 with 0.5 thanks per post
    3. looks_3 creekboy with 0.3 thanks per post
    4. looks_4 Allistah with 0.2 thanks per post
    1. trending_up 158,123 views
    2. thumb_up 378 thanks given
    3. group 47 followers
    1. forum 1,240 posts
    2. attach_file 927 attachments




 
Search this Thread

the easy edge for beginner traders

  #391 (permalink)
 creekboy 
phl pa. usa
 
Experience: Advanced
Platform: tos
Trading: es
Posts: 1,126 since Mar 2012
Thanks Given: 106
Thanks Received: 347

the red dot is where we anticapated a long trade form 25.25 - note the drop and how the floating trend line always stayed at the 50% fib as each lower low was set -this is why you should never try to guess where the power turn is -as as each lower tick creates TIME AND DISTANCE between the base and the 50% crossover

Attached Thumbnails
Click image for larger version

Name:	2012-06-27-TOS_CHARTS.png-5.png
Views:	143
Size:	50.8 KB
ID:	79204  
Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
Trade idea based off three indicators.
Traders Hideout
What broker to use for trading palladium futures
Commodities
ZombieSqueeze
Platforms and Indicators
How to apply profiles
Traders Hideout
MC PL editor upgrade
MultiCharts
 
  #392 (permalink)
 creekboy 
phl pa. usa
 
Experience: Advanced
Platform: tos
Trading: es
Posts: 1,126 since Mar 2012
Thanks Given: 106
Thanks Received: 347

if you try to go long before the lower ma crosses the fib -it could very walk against you

Attached Thumbnails
Click image for larger version

Name:	2012-06-27-TOS_CHARTS.png-6.png
Views:	143
Size:	53.3 KB
ID:	79205  
Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:
  #393 (permalink)
 creekboy 
phl pa. usa
 
Experience: Advanced
Platform: tos
Trading: es
Posts: 1,126 since Mar 2012
Thanks Given: 106
Thanks Received: 347


getting closer

Attached Thumbnails
Click image for larger version

Name:	2012-06-27-TOS_CHARTS.png-7.png
Views:	112
Size:	53.0 KB
ID:	79206  
Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #394 (permalink)
 creekboy 
phl pa. usa
 
Experience: Advanced
Platform: tos
Trading: es
Posts: 1,126 since Mar 2012
Thanks Given: 106
Thanks Received: 347

now looking for the 50 % break -both price and ma

Attached Thumbnails
Click image for larger version

Name:	2012-06-27-TOS_CHARTS.png-8.png
Views:	133
Size:	52.5 KB
ID:	79207  
Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:
  #395 (permalink)
 creekboy 
phl pa. usa
 
Experience: Advanced
Platform: tos
Trading: es
Posts: 1,126 since Mar 2012
Thanks Given: 106
Thanks Received: 347

notice how the price never got above the 50% fib and was stopped out at the exit

Attached Thumbnails
Click image for larger version

Name:	2012-06-27-TOS_CHARTS.png-9.png
Views:	123
Size:	51.8 KB
ID:	79208  
Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #396 (permalink)
 creekboy 
phl pa. usa
 
Experience: Advanced
Platform: tos
Trading: es
Posts: 1,126 since Mar 2012
Thanks Given: 106
Thanks Received: 347

next setup after stop out -so have you ever wondered how 1 tick lower stop outs occur

Attached Thumbnails
Click image for larger version

Name:	2012-06-27-TOS_CHARTS.png-10.png
Views:	120
Size:	48.6 KB
ID:	79209  
Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #397 (permalink)
 creekboy 
phl pa. usa
 
Experience: Advanced
Platform: tos
Trading: es
Posts: 1,126 since Mar 2012
Thanks Given: 106
Thanks Received: 347

now see how the ma crossed back below the trendline -this is a good exit or reversal to a short -to help reduce your loss exposure

Attached Thumbnails
Click image for larger version

Name:	2012-06-27-TOS_CHARTS.png-1.png
Views:	122
Size:	49.5 KB
ID:	79215  
Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #398 (permalink)
 creekboy 
phl pa. usa
 
Experience: Advanced
Platform: tos
Trading: es
Posts: 1,126 since Mar 2012
Thanks Given: 106
Thanks Received: 347

now see the A&D has been slowly selling off while he have been anticapating a long trade

Attached Thumbnails
Click image for larger version

Name:	2012-06-27-TOS_CHARTS.png-2.png
Views:	115
Size:	59.8 KB
ID:	79216   Click image for larger version

Name:	2012-06-27-TOS_CHARTS.png-3.png
Views:	107
Size:	50.1 KB
ID:	79217  
Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #399 (permalink)
 creekboy 
phl pa. usa
 
Experience: Advanced
Platform: tos
Trading: es
Posts: 1,126 since Mar 2012
Thanks Given: 106
Thanks Received: 347

now as you review back the last several entries -you will see the fib box ( area of wall between the 0 and 100% )getting smaller and smaller

Attached Thumbnails
Click image for larger version

Name:	2012-06-27-TOS_CHARTS.png-4.png
Views:	117
Size:	48.2 KB
ID:	79220  
Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #400 (permalink)
 creekboy 
phl pa. usa
 
Experience: Advanced
Platform: tos
Trading: es
Posts: 1,126 since Mar 2012
Thanks Given: 106
Thanks Received: 347


another decision zone
note small buying on A&D
stuck between 50% and lower fib base
4 tick risk
never closed above 50%

Attached Thumbnails
Click image for larger version

Name:	2012-06-27-TOS_CHARTS.png-5.png
Views:	114
Size:	51.7 KB
ID:	79221   Click image for larger version

Name:	2012-06-27-TOS_CHARTS.png-6.png
Views:	107
Size:	47.6 KB
ID:	79222  
Visit my NexusFi Trade Journal Started this thread Reply With Quote




Last Updated on June 27, 2013


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts