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Thursday, November 21, 2013
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Wednesday, November 20, 2013
Tip Alert Result: Stopped Out
This time the Tip Alert experiment for overnight long trade fails, got stopped out. The long awaited breakout for a long move did not worked in our favor and the long consolidation drops hard, it went to the other side. Well that proves that setting stop is really a must to avoid a big loss. We'll take a break for a while.
The idea of introducing a Tip Alert Service was just a snap of a self instant creation. I have a great idea of sharing thoughts through my own market observation, brought about my years of participation in the market and it's just one of those times that sometimes you have to look back and think...hey, why not share something what have you learned? So I just experimented something and my post about Tip Alert just came in a snap, and it's not pre-planned, and that's a good feeling being a market participant for quite a while. And it's a good education too, a continuous learning, and I think and I feel it's a sign of growth and advancement especially this Market Observer is a product of SEU - Self Education University.
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The idea of introducing a Tip Alert Service was just a snap of a self instant creation. I have a great idea of sharing thoughts through my own market observation, brought about my years of participation in the market and it's just one of those times that sometimes you have to look back and think...hey, why not share something what have you learned? So I just experimented something and my post about Tip Alert just came in a snap, and it's not pre-planned, and that's a good feeling being a market participant for quite a while. And it's a good education too, a continuous learning, and I think and I feel it's a sign of growth and advancement especially this Market Observer is a product of SEU - Self Education University.
20131120041445.png)
Tuesday, November 19, 2013
Tip Alert: Overnight Long
Trading the Gold in the overnight (Globex) session. The chart below is on 30-minute frame. Let's see how it works in tonight session
Entry: 12745
Stop: 12719
Target: 12780 (but will monitor as the market in session)
20131119172352.png)
Entry: 12745
Stop: 12719
Target: 12780 (but will monitor as the market in session)
20131119172352.png)
Tip Alert Result: No loss
Tip Alert experiment did not work, no loss, flat. The Gold market stay as it is. Shown is the 15-minute chart. Nothing happens. Anyway, that's how in trading, if the market did not go the way we are trading, that's fine, just make sure, we did not lose. Let's wait the next trading day.
NOTE: Always tune in to my Tip Alert, it will always pop up here, 24/7.
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NOTE: Always tune in to my Tip Alert, it will always pop up here, 24/7.
20131119125531.png)
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