Tape reading is an ART
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Price action - journal - journey to consistency first 100k 19 replies
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Dislikedwhen the dance begins DO NOT THINK but be aware - react on verification. listen what market has to say, and follow. DO NOT THINK..Ignored
Disliked{quote} LOL, i am sorry, but now you start to sound like someone from a brainwashing sectIgnored
QuoteDislikedi genuinely wish you that this be "the one"
Disliked{quote} also havent much traded dax for a long while, for scalping i think forex gives better chances/counter moves.Ignored
Disliked{quote} you sure you know your levels ! and it had series of LH's and LL's from above very good point ! I think to not further confuse myself I should only pay attention to prominent levels and keep the minor levels in my mind not drawn on the chart. btw if you traded DAX this afternoon you would have scored way more than 10pointscovered the gap and there it went down... I did go in but like a nervous anxious maniac I am bailed out with only 10points I should have at least be looking at 13100 are before bailing out like you said if I were...
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QuoteDislikedIf you know the enemy and yourself you need not fear the result of a 100 battles
If you know yourself but not the enemy for every victory gained you will also suffer a defeat
If you know neither the enemy or yourself you will succumb in every battle
This is all I can do from what I have on the charts, as new candlesticks form new levels will emerge as PF suggested I should pick out the significant levels ! micro levels are also important as I have found out especially for entry for they will be paid attention to when the possibility of an entry is verified.
I will review this once more 30minutes prior Frankfurt open.
And always be prepared for surprises !!!
DislikedBE for the day. That's a progress to losing 30pips on average per day. I am playing with S&R + plus bit of a feel I'll call it a day here. PA today and the levels was difficult it wasn't as precise as it usually is. I have traded support turned resistance, resistance turned support for today. I think this is what I meant by dancing the flow. {image}Ignored
Disliked{quote} that's a good question which I don't know the answer to but I guess that word manipulation flew out of mouth because the volume or the body of those candles and the speed it took to travel more than 100points passing through bulls defense level effortlessly seemed a bit off ? but then again I was only looking at 5m and not anything else so I also will not discount the possibility of accumulation of single orders at that juncture maybe 1h was chart building up for that move.Ignored