Monday 16 June 2008

AHG Reference

AHG Reference v1.0 - compilation of Anak's Holy Grill
Piscuy - scalping by Anak's tradign buddy

Friday 13 June 2008

Thursday 12 June 2008


Didn't follow the game plan, hesitant in entry. Eventually enter out of "hope" that trend will continue. Which it didn't.
Note of the day : When px retrace more than the normal retracement, BE EXTRA CAREFUL

Tuesday 10 June 2008

Non logical entry. Last down move was about 2 times the 2nd last down move. This changed the oscillation (bigger wave). The entry bar was not fully formed when I entered, sort of spike up when I quickly enter. Px swing down to 1/4 LOD before bouncing up, forming a valid entry bar. I should've keep stop below the 1/4 LOD. Stop taken out also by a spike!!! Bad luck? I see more of bad PLAN. Px eventually moved beyond my initial target, 6pts in total.
NOTE of the DAY : learn how px change its osc.

Tuesday 3 June 2008

there is a comment by jjrvat that caught my attention.
"What is the average true range of the waves in a 500 VOL YM chart? What about in a “perfect setup” WAVE? In what % of these ranges are your targets? Stops?. What are the probabilities (in your experience) of having a good trade when you respect your PBP? And when you don’t? what about drawdowns?".
Price are dynamic... hence the shortfall of trading with Indicators using fixed value. Observing price, one can often see how price minic it's previous move. At times, it dance with small osc within the "normal" move. Need more observation.