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-   -   Plan the Trade (https://www.forexfactory.com/showthread.php?t=582121)

OutThere Feb 10, 2019 2:40am | Post# 10641

{quote} This is the power, and folly, of these forums. I now know that you are not from the West. In the West, we absolutely do plan when we will cross the street. To do otherwise will incur a fine. This is why I love this forum.
Yes I am from the West and it is not a West, East South, North thing to look left and right before crossing but if you are going to stand at the edge of the street planning a cross....yah, the 4 directions can be very confusing.

I was thinking Parkour would be a good analogy to use but, there is a better one.
You know, in matrix when Neo is fighting the agents on slow mo? It's actually slow mo for us viewers' benefit. The stuff is happening at lighting speed. It's at 'data' speed. He was the one because he figured out how to do that better than everyone else. (ok, Matrix fans, I'm not getting into specifics now) I think he was given a few heads up at the white space when he was being introduced to Matrix but he picked it up pretty quickly albeit he got injected a bunch of abilities real quick...once again, at date speed.

Anyways, no 2 people are going to do the same or think the same or trade same, so, you plan that crossing and I'll see you on the other side.

OutThere Feb 10, 2019 2:55am | Post# 10642

{quote} This is the power, and folly, of these forums. I now know that you are not from the West. In the West, we absolutely do plan when we will cross the street. To do otherwise will incur a fine. This is why I love this forum.
You know, I don't understand...is the market disciplined? Or is it fluid?

Okay, 4 questions to answer:

Are we dealing with a disciplined market with our disciplined ways so then discipline meets discipline and out comes money into our accounts?

Or maybe, markets are fluid and we should be fluid in our decision making so fluidity meets fluidity and out comes money into our accounts?

Or are the markets fluid and need our discipline

or are the markets disciplined and our fluidity will produce us that money.


Basically, you figure you need discipline to conquer the market. That is you. Of course you think anything other than that is folly. I think I need fluidity to do the same.

Oh, I finally decided to cross the street based on my plans. Just now a bird just pooped on the crosswalk and a guy threw a cigarette butt out the window and an ambulance looks like is shooting straight for where I am standing and cops are chasing a bank robber running my way and oh, a baby's cute teddy bear just fell out of an stroller being pushed by her mom. What do I do now? Where is that plan book? I know I should have just stayed home today!

Rmg Feb 10, 2019 8:10am | Post# 10643

tried to go live today .. completely froze and couldn't put any trades on .. went back to sim and everything was fine .. any ideas how to get past this
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onejester Feb 10, 2019 8:19am | Post# 10644

Is it me, or is there whiff of over analysis...

turnip15 Feb 10, 2019 1:48pm | Post# 10645

Is it me, or is there whiff of over analysis...
Whiff ? Distinctly foul odour of over analysis - a trait that often leads to paralysis of action.
Kin ell -just get into a trade and manage it.

stevepatt Feb 10, 2019 4:51pm | Post# 10646

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{quote} You know, I don't understand...is the market disciplined? Or is it fluid? Okay, 4 questions to answer: Are we dealing with a disciplined market with our disciplined ways so then discipline meets discipline and out comes money into our accounts? Or maybe, markets are fluid and we should be fluid in our decision making so fluidity meets fluidity and out comes money into our accounts? Or are the markets fluid and need our discipline or are the markets disciplined and our fluidity will produce us that money. Basically, you figure you need discipline...

Hi OutThere,

Look for Structure - PullBack to Structure - Price Action to Trade

Keep it Simple
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Divergence Feb 10, 2019 9:24pm | Post# 10647

i trade the same setups on 30 second chart in the emini nasdaq and i only trade 1 hour per day and make at least 750 dollars a day its the look to get less and make more senario

jack411 Feb 10, 2019 10:05pm | Post# 10648

{quote} Hi OutThere, Look for Structure - PullBack to Structure - Price Action to Trade Keep it Simple {image}

Perfect. Unfortunately those who need to see it the most will find something wrong with it, while they continue to look for the holy grail. They’ll add unnecessary steps and complicate things to the point that they don’t even take any trades. Then they’ll start from scratch, and the process begins again.

LookinGood Feb 11, 2019 8:35am | Post# 10649

It's a new Week, It's a new Day. Lets do it.

Divergence Feb 11, 2019 9:56am | Post# 10650

3925 was the spot

erasmus66 Feb 11, 2019 9:58am | Post# 10651

3925 was the spot
yep i was at 40.50 shame

Zelos Feb 11, 2019 10:08am | Post# 10652

{quote} yep i was at 40.50 shame
Same I was gonna take the half bar but missed by a tick

Divergence Feb 11, 2019 10:15am | Post# 10653

{quote} yep i was at 40.50 shame
high was 4225 12 ticks lower was the spot a long off 123 break at 28 was a beauty also

erasmus66 Feb 11, 2019 10:26am | Post# 10654

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{quote} high was 4225 12 ticks lower was the spot a long off 123 break at 28 was a beauty also

first one made 2 LL's before pb, second one made 2 HH's:

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Divergence Feb 11, 2019 10:39am | Post# 10655

{quote} first one made 2 LL's before pb, second one made 2 HH's: {image}
it is an awesome setup when it does that both had good thrust bars also

Zelos Feb 11, 2019 11:25am | Post# 10656

Hmm they look like mini Gartley patterns.

LookinGood Feb 11, 2019 12:07pm | Post# 10657

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Net loss today.

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+30t in targets
+1t break even
-60t in stops

Net -29t * $5 = -$145
-$4.10 * 8 = -32.80

Total -$177.80 for the day.

2 things.
I chose to enter more often and closer to price. I gotta do a review on this.
I also chose to not take any early profits. Generally i prefer to take profits earlier, but i didn't.

bapakjason Feb 11, 2019 12:16pm | Post# 10658

Net loss today. . I also chose to not take any early profits. Generally i prefer to take profits earlier, but i didn't.
Any particular reason to not take earlier profits today ? (Just curious)

LookinGood Feb 11, 2019 12:37pm | Post# 10659

{quote} Any particular reason to not take earlier profits today ? (Just curious)
No respectable reason. Felt a bit spur of the moment. I was a bit off plan today.

bapakjason Feb 11, 2019 4:51pm | Post# 10660

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Interesting day on nq
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