Took my scout out @ 1.54895. No opportunity to start attack sequence...
Feels bullish on M5, M15...
Feels bullish on M5, M15...
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DislikedDo not hesitate to send in a scout at any time.
You have to participate.
Scout is not the man for making big money.
So may be he's walking in wrong direction.
But who cares?
His task is to let you feel the market - nothing more, but nothing lessIgnored
DislikedI found this post from years ago...
Wanted to ask about what MaMood said.
I only send in scout when I have either bull or bear biased. If I'm feeling neutral about the market, I will not send my scout in...
Is that the correct mindset? Or should I be sending in a scout even though I may not have a directional bias?Ignored
Dislikedentered a scout in cable to feel the pulse...
1 x sell @ 1.54859
Low vol, can afford to have a protracted stay in the battlefield. Waiting to start attack sequence...Ignored
DislikedHi Eddy & Kimt,
Did you guys cut your positions before the spike?Ignored
DislikedHi Eddy & Kimt,
Did you guys cut your positions before the spike?Ignored
Dislikedwhat is in the SPIKE that you're too much into it... you have a bad mindset...Ignored
DislikedSince December of last year i have been exploring my methodology of trading... but it wasn’t so long for me to realize that i didn’t have any – but one thing that i noticed i had been doing lately, and it’s becoming more and more clearer to me every time i’m dancing with my lady... is nothing but simply reading and feeling her candle per candle as she’s revealing them to me (as it appears)
Here’s my current positions...
When i opened my chart 2 hours ago, number 5 candle was just forming and start to its rejection...
Here’s my view...
1 it was a strong bearish candle with a long wick above – showing a strong rejection happened but
The push of the bears wasn’t successful because it’s followed by a bull candle
- the sentiment is still neutral... considering it’s currently sideways action...
2 a bullish candle but didn’t manage to break previous high of 1 and a strong rejection was noticed
3 a bearish candle... again it went strongly up but was rejected by bears and managed to push the
Close near 50% of the previous candle... and didn’t reach previous candle high...
- after having seen the action happened at 1,2 and 3, my hindsight sentiment now would be
Bearish neutral... would anticipate another strong push of the bears further down will confirm
4 after a short leg run by bears, there was a short pause by a bull candle (it’s a neutral small bull
Candle) now a bear candle appeared... and was followed by a strong bears... after a doji candle
Appeared, i would be expecting a correction (and to me would be a good entry considering a
Confirmation candle apprears)...
- bearish sentiment could be felt here
5 a bearish candle, but a trace of rejection by bulls... bulls presence has been noted!!!
6 now a bullish candle... reaction level A was visible and used as my point of reference... if this
The first phase of correction... breaking away from this level down will be strong bearish
Confirmation...
7 a strong bullish candle... as was anticipated and it closed above the reaction level of 4...
Market sentiment is still bearish...
8 a strong bear candle with a small rejection... this should be a good spot for scout deployment
but respecting the reaction level of 4... followed by another bull candle... after this time... my
sentiment changed to neutral...
9 a bull candle and followed by a strong bear candle – rejected and bounced back down from the
Resistance level from 1,2 & 3 area... after strong bear run now my sentiment is back to bearish...
But when to enter...
10 a bull candle and followed a doji... looking a good price for scout to be deployed...
11 a bear candle, after it went up and stalled for at least a minute before it went back down... i
Immediately deployed scout... and a good bear candle followed...
12 a strong presence of bulls was noted...
13 a very long bull candle... it went against me... but i noticed that it’s reacting and respecting the
Resistance level of 1,2,3 and 9... not unless this level will be broken with a good momentum and
Volatility... my sentiment is still bearish considering a good strong run from 9 to 10... but still bulls
Presence cannot be ignore...
14 another try for bulls to break-away but yet another failure... entered level 2 attack... although it
A surprise for me to see a strong candle jerk followed... but since it didn’t make a new high my
Sentiment is still bearish...
15 and so the market proved my sentiment is correct...
16 entered Level 3
17 bearish inside candle
18 a very strong bearish candle after a long bearish doji ... almost makes my confirmation for a run-
Away... but we’ll need to be nimble...Ignored