Iron solid, we all have bad days sometime, even those professional!!

Intraday price action trend trading

One more advice on the risk limit per trade for intraday trading. I would only allow -20p loss per trade as max otherwise it is hard to gain back what we lost. Most of the times we have to let the SL be hitted and focus our attention on another ...

Intraday price action trend trading

Just for share, it all depends on our own personality and how risky allowance we play. For me, still learning to play longer term play based on higher time frame. But for M15 intraday day trading, my target is 30p/day (quite realistic, honest) as ...

Intraday price action trend trading

Chinese word? Thanks for the visiting

Buildcity's Trading Journal

I only have half of yours today, around 6 hrs in front of computer. url Woow, you are so good man. Your night time is my bed time. Good night. Eric

Rufus

30-11-10 — Took a day off today, well I need to clear my annual leave before yr end otherwise all waive. Today the market is so messy, no confident to play longer plays. So all small ones. Now I have to turn off my trading plateform, otherwise ...

Buildcity's Trading Journal

The market today is so messy, I played 20 rounds (all small trades) but only +50p so far.........so no give up 2 more hrs to go before sleeping. Woow, the market is moving now!!

Intraday price action trend trading

29-11-2010 — 1st trade today!! Missed the whole nice move from both GU & EU. GU +9.5 bottom up after DB, quit at PPA

Buildcity's Trading Journal

Yes, you got what I mean. To play safe, see whether the following corrective move can be approx. 50%~62% retrace (Fibs), then a reject signal could be much better. Even we set our initial TP at below s/r level, should be a 10p, good enough for ...

Intraday price action trend trading

Sure man Those you mentioned are potential entries according to Sho's method, but these day I'm trying to be more conservative and looking for a closer entry near the centre line of KC. For entries beyound the outer bands, if there is no ...

Intraday price action trend trading

Hi mate, Yes, you did outline the basic of Sho method. Here is the chart for you. I remember a year before when I first saw Sho's thread. I thought such a simple trading method, but the more you play, the more you have to know in order to trade well ...

Intraday price action trend trading

Stoch. Divergence indicator — In my attachment, you can download it url

Buildcity's Trading Journal

EJ long trade — Hope this work out.... Stopped out -16

Buildcity's Trading Journal

EU +9 — quick 2nd, DB confirmed, DBLHC, then 2nd bullish bar, little retrace then enter. Stop at neck line.

Buildcity's Trading Journal

EJ +5 — Keep on busy whole day. 1st trade today. Make it quick as start. Looks like the starting of impulsive move.

Buildcity's Trading Journal

Very nice, the result is so impressed!!

Intraday price action trend trading

Drop your questions in Sho's thread: url see whether we can share what we learnt. I will try to clear the basic of Sho's method. PS - pls dont mind my bad English Eric

Buildcity's Trading Journal

Thanks for the nice words and visit here mate, All credits go to Sho please. I find Sho's stuff is definetly one of the great threads here. It worth for me to spend a year to learn his method. Take serious look on Sho's 1st thread, and read and ...

Buildcity's Trading Journal

Now the price back to square one. Well, I like those 3 attends today at same level, and particular for the 3rd attend which progressive reduction on my risk explorure. I am looking forward to develop this style into my routine play. Can't ...

Buildcity's Trading Journal

EU - 3rd attend — This is the 3rd one today play at same level, SL moved to BE too........ edit : take 1/3 profit with 20; SL to +10 2nd edit: took 23 for 1/3 profit; SL keeps at +10; now left 1/3 position...... (London 0840) final: 3rd ...

Buildcity's Trading Journal