Thoughts on Trading
Sonicers,
I post this pic because it reveals the true nature of the market. That nature is that it is controlled by Robber Banks who make the market, and they are thieves who will manipulate prices whenever they choose to do so in order to steal money from others and use it to pad their own positions they are building.
I saw this suddenly drop before the LS. I set the FR Study as shown. Look what these MMs did with the price! Whack! Whip! Whack! Whip! After the manipulated spike of the price above the upper whole number yesterday, what do you surmise they are up to today? What is logical? To me, it seems logical they are now bears, and thieving bastards too of course because look how they have so early today already started manipulating the price again. This time to suck in shorters - stop them out - suck them in again - stop them out again - and we can only imagine what the friggin' US MMs are going to be up to today!
You see, trading is not about having corralled your favorite indicators to show you how price is going to move, and drawing nice little trend lines, and planning on price not moving erratically! The manipulation of price by these Robber Banks makes a mockery of all of that nonsense!
As Sonicers, when we have a proper setup, we must in addition always have a plan for such as what happened here, and to know based on how far such manipulations move the price, if we are going to fold, hold, or add. In this case, I started the trade on the first retrace, not expecting it to retrace much. But then, when the friggin' thieves whipped it up again, and it became more clear what these thieves were up to, I decided to wait and add, which I did. As far as I am concerned, this is how we have to do things, to be flexible and play the "game" right alongside of these greedy, thieving bastards.
Now, I could be wrong, have been before, but time and again when I set course to sail setups straight and rigid, shit like this happens! And it instantly reminds me that the market is not straight and rigid, and if I am to win in the market, I have to play just as dirty as they do. This means I have to do my best to get a good read on the "trend" and then be prepared to take advantage of price movement if a setup with the trend gets freaked over by these price manipulating bastards that are looking to steal everybody's money before they get on with the same trade for their own profit.
Sonicers,
I post this pic because it reveals the true nature of the market. That nature is that it is controlled by Robber Banks who make the market, and they are thieves who will manipulate prices whenever they choose to do so in order to steal money from others and use it to pad their own positions they are building.
I saw this suddenly drop before the LS. I set the FR Study as shown. Look what these MMs did with the price! Whack! Whip! Whack! Whip! After the manipulated spike of the price above the upper whole number yesterday, what do you surmise they are up to today? What is logical? To me, it seems logical they are now bears, and thieving bastards too of course because look how they have so early today already started manipulating the price again. This time to suck in shorters - stop them out - suck them in again - stop them out again - and we can only imagine what the friggin' US MMs are going to be up to today!
You see, trading is not about having corralled your favorite indicators to show you how price is going to move, and drawing nice little trend lines, and planning on price not moving erratically! The manipulation of price by these Robber Banks makes a mockery of all of that nonsense!
As Sonicers, when we have a proper setup, we must in addition always have a plan for such as what happened here, and to know based on how far such manipulations move the price, if we are going to fold, hold, or add. In this case, I started the trade on the first retrace, not expecting it to retrace much. But then, when the friggin' thieves whipped it up again, and it became more clear what these thieves were up to, I decided to wait and add, which I did. As far as I am concerned, this is how we have to do things, to be flexible and play the "game" right alongside of these greedy, thieving bastards.
Now, I could be wrong, have been before, but time and again when I set course to sail setups straight and rigid, shit like this happens! And it instantly reminds me that the market is not straight and rigid, and if I am to win in the market, I have to play just as dirty as they do. This means I have to do my best to get a good read on the "trend" and then be prepared to take advantage of price movement if a setup with the trend gets freaked over by these price manipulating bastards that are looking to steal everybody's money before they get on with the same trade for their own profit.