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Catching Big Waves - a trader's journal of surfing the the markets
Updated May 23, 2014
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Catching Big Waves - a trader's journal of surfing the the markets
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#711 (permalink
Orlando, Florida
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011
Can you help answer these questions
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#712 (permalink
Orlando, Florida
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011
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#713 (permalink
Orlando, Florida
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011
Change of strategy. I cancelled the OCO and am going to split this into two trades.
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#714 (permalink
Orlando, Florida
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011
I feel like I am trading ES. I don't remember gold being this slow. lol
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#715 (permalink
Orlando, Florida
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011
Here is what is holding gold back right now. The resistance is at the high end of the range for an ABC correction.pivots around 1722-1723. If gold can just get that reaction to fire...
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#716 (permalink
Orlando, Florida
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011
It is so much more stressful on my body to ride a trde to 30 ticks plus over and over. I feel the tension as price recedes back to near breakeven .
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#717 (permalink
Orlando, Florida
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011
madLyfe
hey Gary, what bands are those in that pic?
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#718 (permalink
Orlando, Florida
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011
This type of bar is tough for me to read. The interpretation could go either way. But, resistance is volume, and when volume gets absorbed resistance diminishes.
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#719 (permalink
Orlando, Florida
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011
I entered my current trade at around 11am EST . Added in around 11:30am, and am really fighting the urge to close this at 30+ ticks for the day. I believe the pit for gold closed already? It's been awhile.
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#720 (permalink
Orlando, Florida
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011
Last Updated on May 23, 2014
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