FESX 2528 long +1 tick positive with wrong trade: incorrect bar color, ATR range reached, R2 not passed

I arrived too late to the party, i was moving to Malaga

In this trade i entered long at 2528, but i missed to enter in the green bar (17.00), desesperately i entered in the red bar, when already was falling (big ERROR),it was more than 5 minutes in range of indecision moving between 2528 -2529, i decided to leave with a tick and avoid lost this trade. I noticed later 2 more reason to avoid this trade: ATR range has been reached and R2 camarilla pivots was not passed

Non-farm employment change was again positive for the USD, was a good opportunity for the 6E.

Written by mjose. This entry was posted on 09/03/2012 at 4:28 pm and is filed under Trading Journal. You can follow any responses to this entry through the RSS 2.0 feed. Tagged ATR, positive You can leave a response or trackback from your own site.

5 Comments

1. 

   Comment by pp:
   Saturday, March 10th 2012 at 12:07 pm | 

   olvídate de la bolsa, solo perderás dinero y tiempo, eres carne de cañón, cuando empezamos todos no creemos que somos diferentes, pero no, fracasarás una vez tras otra

   Reply
2. 

   Comment by mjose:
   Saturday, March 10th 2012 at 12:56 pm | 

   Gracias por tu consejo, me imagino que estara basado en tu experiencia, espero no hayas perdido mucho dinero, por el momento yo estoy aprendiendo y tratando de averiguar si sere capaz de operar con sistemas manuales, por el momento no me siento demasiado comodo pero todavia me queda mucho que aprender. Si no resulta la cosa seguire con mis sistemas automaticos.

   Reply
3. 

   Comment by Diego:
   Saturday, March 10th 2012 at 8:43 pm | 

   Hola vi tu mensaje en xtrader y me gustaria que me explicaras porque trabajas con el eurostock teniendo otros mercados mas rapidos y faciles? si quieres compartir libros o dudas experiencias dime algo y hablamos. Feliz dia

   Reply
4. 

   Comment by mjose:
   Saturday, March 10th 2012 at 11:00 pm | 

   Precisamente por eso porque es mas lento y este sistema necesita mucha practica para aprender a tener la habilidad de reconocer el setup correcto. De todas estare haciendo trades tambien con los futuros del EuroDolar (6E) al mismo tiempo.

   Estamos en contacto!

   Reply
5. 

   Comment by jose lopez:
   Sunday, March 11th 2012 at 8:28 pm | 

   jeje yo también soy de Cordoba !! buen sistema por cierto..

   Reply