Quite the turn in price & momentum drove through *old* RESISTANCE.

Very late entry even for the 5-10-50 EMA cross :

(something is wrong with my Twitter account ٩(͡๏̯͡๏)۶)

Views: 54

Comment by Elric on December 21, 2012 at 4:31pm

sorry, but why is there 2 prices. 083045 and 082422. no idea whether you shorted which

Comment by Lisa on December 21, 2012 at 4:38pm

Hello Elric,

the 1st is price on entry, the 2nd is current price when I posted Ƹ̵̡Ӝ̵̨̄Ʒ

Comment by Elric on December 21, 2012 at 4:45pm

understood. thank you. do you post your trades straight after you went in a position?

Comment by Lisa on December 21, 2012 at 4:57pm

Generally I trade 1st and post later.

Sometimes I try to remember to screen capture the trade on entry.

I think I actually took this trade late last night NY time ...

after I shifted my EMAs for an earlier entry (?)

Trade management and letting winners run is more my focus than entries at the moment.

Although earlier entries and exits along with letting winners run ...

is something I’m still working-on.

If your asking if I predict the market ahead of time ~ no, I do not.

I react to momentum.

The key is to admit that we don’t know (and neither does anyone else) ...

what will happen & embrace that reality.

We have technical rules that we follow ...

while dealing with the psychological issues of fear & greed.

That’s the path I’m taking.

Hope that helps with your question, Elric  ツ

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