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'Head and Shoulders' ;-) doesn't matter here - your input very welcome.
In fact the decision is upon a normal pattern on a Wednesday.
Just took that one by my rules.
Waiting for the result.
Trading: Oh what a tangled web I weave, When I want to take profits in trading
Frequency: Several times daily
Duration: Years
Posts: 1,745 since Nov 2014
Thanks Given: 3,441
Thanks Received: 3,017
@GFIs1 Thanks for your transparency in posting your P&L with entries & exits.
Would you be kind enough to share the 'performance indicators' like MFE, MAE, Average profit/loss per trade, holding time etc. for more insight for us.
I use tradervue for my journal and found their tools invaluable. You probably have your own database
After following your journal for a while now, I have a feeling that risk managment is a HUGE part in your success. I often noticed asymmetrical returns in your trades presumably due to your tight stops and allowing the winners run for a while. Any actual data can be quite useful. Thx
I am absolute clear that you trade your rules. Would surprise me if you would not do this. My inputs here are just an alternative look at your rules and may sometimes, in perfect moments may add some value to your trading style. One of this perfect moments have just come now with this absolute perfect "H S" pattern, seldom seen in such a clear way on the hourly time frame.
On the other hand, I see this to take trades in this market:
May I ask why you not post more charts from your side about your trading ideas? I am clear that charts are just one way to take a trade, as there are various ways to do so with different derivatives, but as you do it mainly on charts, why not show a bit more of them from your side.?
