(My poor entries for short are marked by the vertical lines)
16:58:59 [Jinhar] it was juz against the trend..
16:59:18 [Jinhar] u waited for the stoch to drop .. but i tld u too watch it on 4hr.
16:59:34 [ericsatch] ahhh
17:00:05 [ericsatch] at that time four hour the stochs were braiding but adx were clearly up.
17:00:21 [Jinhar] On 4hr stoch neva came to a point wer u can short
17:00:26 [Jinhar] dey wer always long.
17:00:46 [ericsatch] ic
17:01:24 [ericsatch] ok Ill need to wait for the higher tf to confirm the move too...
17:01:40 [Jinhar] Wen ur r in a strong trend yea
17:02:00 [Jinhar] I tld u wen u counter trend u need to chk everythng twice ..
17:02:06 [ericsatch] when the higher tf is in a range then i can just follow the range?
17:02:29 [Jinhar] See .. wen u wanna short in downtrend u dont need to chk
17:02:31 [ericsatch] yeah. when u told me htat i already took the first one.
17:02:35 [ericsatch] ic
17:02:39 [ericsatch] LOL
17:02:40 [ericsatch] i get it!
17:02:47 [Jinhar] wen u wanna go long on uptrend u wont need to chk 3 times
17:02:57 [Jinhar] but wen u wanna short on uptrend .. datz practically .
17:03:09 [Jinhar] u need to chk 10 times.
17:03:21 [ericsatch] is that right?
17:03:55 [Jinhar] Lon i would go in when stoch started goin up
17:04:16 [Jinhar] ur long is right ..
17:05:04 [ericsatch] like there?
17:05:12 [Jinhar] yea
17:05:20 [Jinhar] datz momentum long ..
17:05:37 [Jinhar] u goin wid da trend .. after the trend is established.
17:05:42 [ericsatch] ok
17:05:47 [ericsatch] will do that today
17:05:57 [Jinhar] Kool
17:06:08 [ericsatch] so if i go in at the vertical line my SL is there?
17:06:22 [Jinhar] ya
17:06:34 [ericsatch] that's about 40pips
17:06:51 [Jinhar] U go in at a vertical line .. at the loew
17:06:55 [Jinhar] not on the top
17:07:08 [Jinhar] and den att 15-20 pips to the loe
17:07:16 [ericsatch] so when it was nice red candle, you long at that point?
17:07:26 [Jinhar] Yea ..
17:07:29 [Jinhar] Practicalli
17:07:36 [Jinhar] But wid open eyes u cant do that ..
17:07:47 [Jinhar] datz y u keep pendin orders .
17:08:29 [ericsatch] how do you set pending order to hit the wick?
17:08:47 [Jinhar] a loew is made on a prev bar
17:08:54 [Jinhar] now if stoch is turnin up .
17:09:03 [Jinhar] i will keep pendin at or near the loe..
17:09:14 [Jinhar] so when price again comes down ..
17:09:17 [Jinhar] i will get in .
17:09:29 [Jinhar] and i wont thnk wether it will go further down or no
17:10:03 [ericsatch] ic!
17:10:10 [ericsatch] but if you miss. you miss.
17:10:26 [Jinhar] u get in as close to the loe den
17:10:34 [Jinhar] or u wait for the range to breakout
17:11:47 [ericsatch] thanks. the first trade is the biggest lost of mine
17:12:12 [ericsatch] after that.. the trades got better. timing improved from 6 candles too early to about 1.5 average
17:12:41 [Jinhar] ahh nice .. i sometime go 12 candles earli lol..
17:12:42 [ericsatch] also practiced holding to target. tho i had more losses the wins were clearly bigger now
17:12:59 [ericsatch] 12candles..and it doesn't affect you?
17:13:10 [Jinhar] na .. i have done it so many times ..
17:13:12 [ericsatch] you need a bigger SL then?
17:13:17 [Jinhar] no
17:13:29 [Jinhar] i always get in near high or loews
17:13:35 [ericsatch] because u get in near the low
17:13:53 [Jinhar] i get stopped out 4-5 times doin that .. but i catch hi or loes..
17:14:08 [Jinhar] and once i do i ride emm till the end .
17:14:19 [Jinhar] i took a posi b4 asian start
17:14:34 [Jinhar] whole asian and eur it didnt moved it was in 50-100 pip range
17:14:53 [Jinhar] in us it started movin .. closed it at us end for 459+ pips.
17:15:07 [ericsatch] wow
17:15:10 [Jinhar] u have to wait 20 hrs sometime to trade to work
17:15:20 [ericsatch] ok. i gotta keep that in mind
17:15:42 [ericsatch] you gonna show one of your trades? maybe on the blog?
17:16:05 [Jinhar] I will soon give me sometime ... jus bz wid lotta useless work ..
17:16:20 [Jinhar] gimme a day will do it tomm or later today
17:16:24 [ericsatch] so today's lesson is kinda.. take with the trend.
17:16:30 [ericsatch] ride it to the end..
17:16:33 [Jinhar] always
17:16:43 [ericsatch] so sometimes you see its 200 then it goes back to 50 but you jut stay in
17:17:12 [ericsatch] is that correct?
17:17:30 [Jinhar] i most of time se 150 plus den -2
17:18:03 [Jinhar] but i am not in front of pc .
17:18:09 [Jinhar] i look it laters in da day
17:18:09 [ericsatch] and u just stay in...?
17:18:24 [ericsatch] ok
17:18:29 [Jinhar] i am not here
17:18:38 [Jinhar] i put in my pendin and limit orders
17:18:42 [Jinhar] and go away.
17:19:02 [Jinhar] if i look at charts i always book profs
17:19:02 [Jinhar] wen i c dem
17:19:54 [ericsatch] ic
17:20:10 [ericsatch] i noticed tho, the analysis have about 80% chance of being correct
17:20:21 [Jinhar] ya'
17:20:38 [ericsatch] so.. not i gotta work on what you tell me to. timing, timing, timing and hold to target
17:20:55 [Jinhar] yea wad ur trget is
17:20:58 [Jinhar] and wad ur stop is
17:21:02 [Jinhar] if u get in at loe
17:21:09 [Jinhar] u wil hit ur t
17:21:19 [Jinhar] if u r wid da trend den
17:21:32 [Jinhar] da biggest trades always are counter trends...
17:21:47 [ericsatch] i just got in eu long 1.4866
17:21:54 [ericsatch] are counter trends??????
17:22:00 [ericsatch] you lost me there mate
17:22:26 [Jinhar] yea dey start as countertrend ... and den trend changes and dey bcome trendin trades
17:22:34 [Jinhar] And u ride dem from the start ..
17:22:41 [Jinhar] dey are huge payoff
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