minime69
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my not so good trading
ok, so yesterday i was reading t_d's post about "making money trading" and he mentioned about pin bars, i think i found one as per chart 1, so when the price broke out on the upside i went long a FTSE @ 3950 and again @ 3964 ( 5 tick break), i was looking to take 20 ticks so sold 1 @ 3976 and ran the other 1 with a trailing stop, saw the mkt upto 4030 and sold out @ 4010, then the ftse flew O well.
today however i saw another buy signal on chart 2, but missed it, and when the ftse broke through yesterday's high by 5 ticks i bought 1 and was hoping for more then 20 ticks, but could have taken 20..i know gready boy! i then bought another ftse on the MA 20 EXP hoping for support (4228) and am looking to stop out near the MA 50 EXP (4200ish).
so made around £720 yesterday, but down today.
i am only just trying out this trading on the ftse hence the small size.
ok, so yesterday i was reading t_d's post about "making money trading" and he mentioned about pin bars, i think i found one as per chart 1, so when the price broke out on the upside i went long a FTSE @ 3950 and again @ 3964 ( 5 tick break), i was looking to take 20 ticks so sold 1 @ 3976 and ran the other 1 with a trailing stop, saw the mkt upto 4030 and sold out @ 4010, then the ftse flew O well.
today however i saw another buy signal on chart 2, but missed it, and when the ftse broke through yesterday's high by 5 ticks i bought 1 and was hoping for more then 20 ticks, but could have taken 20..i know gready boy! i then bought another ftse on the MA 20 EXP hoping for support (4228) and am looking to stop out near the MA 50 EXP (4200ish).
so made around £720 yesterday, but down today.
i am only just trying out this trading on the ftse hence the small size.
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