Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

thalestrader

Reading Charts in Real Time

Recommended Posts

NQ closed out at +36 ticks Obviously I left a lot on the table max profit about +72 ... I hope someone else caught the move.

 

A nice trade nonetheless - we typically have seen very few day traders land more than a handful of ticks here, and it is nice to see your success. 36 ticks on the ES would be 9 points - how many day traders have never once had such a profit on a trade. I'd bet many more have taken 36 tick losses than have ever taken a 36 tick profit.

 

Best Wishes,

 

Thales

Share this post


Link to post
Share on other sites

OK I'll bite Long 6E 1.3125

 

SL 20 ticks

 

Not sure about PT

 

Filled at 1.3124

 

Update: New high on bar moving stop to BE -5

 

SL moved to -3

 

No new high SL moved to -1

 

I guess the good news is that I saved 19 ticks by aggressively managing my SL :)

 

Update Stopped out -1

Edited by lblanks

Share this post


Link to post
Share on other sites
6E "3 pushes to a bottom?!" Opinions?...

 

Not much loss of momentum on each successive new low, so I myself wouldn't view this as a "three push" pattern. That doesn't mean that a bounce is not immanent. But you asked for opinions, and my opinion is that 6E is perhaps mopping up the first of two or three lows before a significant bounce materializes. Of course, that is my opinion, and you know what they say about opinions.

 

In the end, the highs and lows will lead the way ...

 

Best Wishes,

 

Thales

Share this post


Link to post
Share on other sites
added at 1.3322 and 1.3202 ...

 

That rally reduced an otherwise nice run to a small profit - +22, +12, +0, -10 respectively ...

 

We'll see what happens as EURUSD aproaches the HOD near the open ...

 

attachment.php?attachmentid=23471&stc=1&d=1294058407

 

Best Wishes,

 

Thales

5aa71054f2e08_FirstTradeof2011fourscale1.thumb.jpg.b67a67f88b4bc1b688cecb8ce79b3671.jpg

Share this post


Link to post
Share on other sites
Stalking a short on the EURUSD as per the attached chart.

 

Cheers,

fxT

 

Entry triggered:

 

Have an initial stop at 1.3366 and target set for 1.3252.

 

Cheers,

fxT

 

Edit: amending my target to 1.3260

Edited by fxThunder

Share this post


Link to post
Share on other sites
Entry triggered:

 

Have an initial stop at 1.3366 and target set for 1.3252.

 

Cheers,

fxT

 

Edit: amending my target to 1.3260

 

Got stopped at 1.3366 - r:r did make sense so will await next setup.

 

cheers,

fxT

Share this post


Link to post
Share on other sites
This morning finds us still short and currently +40 ticks on the trade, with a stop loss at +20 ...

 

Just checking in to see we are now +100 on the trade an our stop loss is now +65 ...

 

attachment.php?attachmentid=23488&stc=1&d=1294329662

 

 

Best Wishes,

 

Thales

5aa71055670fc_2011-01-05EURJPY3.thumb.jpg.951b1691472feda4ef98bfc3ff6ada7f.jpg

Share this post


Link to post
Share on other sites

Hi Folks,

 

Time is running out to get our guesses in for TL's "Guess the Close Contest." We need 50 people to make the contest a go - and here we have 376 visitors today alone, and I know that this thread has had several thousand page views in the last week without hardly any new activity, so TL has many eyeballs but too few willing to "pull the trigger."

 

You know what happens to traders who are afraid to pull the trigger ...

 

attachment.php?attachmentid=23497&stc=1&d=1294593958

 

As they say, "you gotta be in it to win it ...," and in this case, we need 50 to be in it for anyone to win it.

 

Go to the thread below and get you guesses posted soon!

 

http://www.traderslaboratory.com/forums/attachment.php?attachmentid=23497&stc=1&d=1294593958

 

Best Wishes,

 

Thales

5aa71055bac72_AfraidtoPulltheTrigger.jpg.e7846002dea24582a50c4c5404cc88e7.jpg

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • VRA Vera Bradley stock watch, pull back to 5.08 support area at https://stockconsultant.com/?VRA
    • MU Micron stock watch, pull back to 102.83 gap support area with high trade quality at https://stockconsultant.com/?MU
    • ACLX Arcellx stock watch, trending at 84.6 support area with bullish indicators at https://stockconsultant.com/?ACLX
    • Here’s something few are talking about: The Chinese are printing money like it's going out of style. Not that you'd hear about it in the mainstream news. But Bitcoin knows.   Bitcoin always knows.   Here’s the thing…   When the Chinese government prints money to paper over the cracks, their smart money doesn't sit around waiting to get devalued.   It usually flows into three things: Bitcoin, gold, and dollars.   After years of being beaten down, gold's having one of its best years in decades. But here's the secret -- whatever gold does, Bitcoin's going to do it bigger.   Much bigger.   Since last November, when China started their printing spree, Bitcoin's been moving in near-perfect correlation with the People's Bank of China's balance sheet. Over 80% correlation, maybe even 90%.   Again, few are talking about it.   But here's why this matters right now: This could be the beginning of a huge breakout in the crypto markets.   Bitcoin broke above its July high, and historically, that's led to new all-time highs over 90% of the time. The only times it failed? COVID and the 2022 bear market.   That's it.” – Chris Campbell   Profits from free accurate cryptos signals: https://www.predictmag.com/     
    • Originally Answered: How can I compete with people who are better than me in every way?   So you want to outcompete people who are smarter, better looking and more experienced than you?   No problem!   All you have to do is outwork them.   Will Smith said, "if we both get on a treadmill either you're going to get off first or I'm going to die trying."     Most people just aren't willing to work that hard. Sure, they'll show up for the job interview and maybe practice in front of the mirror for a few minutes, but they won't do hours and hours of research and prepare for weeks. They won't wake up early and stay up late working on their dreams.   So while all those smart, good-looking, experienced people are waiting around for the next opportunity to come their way, you can outwork them and create your own opportunities.   In a few years, you'll be that "smart" person everyone looks up to. But you'll be different. You'll know it was your hard work, your inner strength and your commitment to living a great life that made you successful and brilliant - not luck or good genes.” – Tom Corson-Knowles, Quora Profits from free accurate cryptos signals: https://www.predictmag.com/   
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.