Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
...had the opportunity to add twice to the posn but didnt @ 89s & 86s (this was 10mins before 75s traded). was bit apprehensive cos of friday & slow flow.
moved the exit on 2nd lot to TP 75 cos it looked like the area for a great long trade on the hourly, at the start of the zone you wld expect demand coming back in. 73s was the best buy, & its just bounced to 82s.
Up +14 ticks for the day, not sure if will be placing another trade. Will give it another hour.
No more trades today, the market was pretty slow all day yet it still gave up a few very good setups.
Day results............ Scalp: +3 (woohoo its +ve)
Swing trade 1: -8
Swing trade 2: -6
Swing trade 3: +29
Total +14 incl comms. Trade log attached:
(i misposted entry prices today due to things happening quite fast, apols)
Positives: confident in my method....gd last trade!
negatives: dont trade in low vol; 1st trade another loser - reason?; shld have averaged in on last trade - signals were perfect; more conviction/aggression/missed trades?
will look at my stats at the w/e & post some comments, but so far quite happy with how things are going, long way to go though & hopefully see you at the end.
Hope everyone had a gd w/e. I have prob with mkt delta charts again.
Another inside day on fri, thursdays range was 15845-15900 so looking for bo of that to upside or downside, but mindful of fake bo's (fakeout, if you wish). There is nice bull flag on the daily, but i wont have any bias unless developing PA provides more info.
Heres daily chart (non continuous so ignore vol data):
I dont have any close clear levels on higher t/fs as yet, so will update as day progresses. Also going to be cautious trading any of fridays intra day levels as they have been hit a number of times.
Long @ 81s looked ok setup on the 1 min, though PA on the 15min with LLs & LHs discounted this one for me. It was gd for a few ticks as bounced off quite quick, but rr looks poor & i keep getting steam rollered on my intra day levels in the morning so gave it a miss.
if it could make a new high above recent swing high of >92s, then wld want a small retrace with a decent, clean setup and i will be looking for a poss long for a breakout trade (with tight SL).
