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  • Post #1
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  • First Post: Apr 16, 2018 10:35pm Apr 16, 2018 10:35pm
  • dongsky
  • Joined Sep 2009 | Status: Member | 5,658 Posts
The beauty of simplicity to its truest form can save heartaches and sorrows

Highlights from the ART OF WAR ---


“If you know the enemy and know yourself, you need not fear the result of a hundred 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 nor yourself, you will succumb in every battle.”


“All warfare is based on deception. Hence, when we are able to attack, we must seem unable; when using our forces, we must appear inactive; when we are near, we must make the enemy believe we are far away; when far away, we must make him believe we are near.”

“So in war, the way is to avoid what is strong, and strike at what is weak.”

“He who is prudent and lies in wait for an enemy who is not, will be victorious.”

“The wise warrior avoids the battle.”

― Sun Tzu, The Art of War
Success consists of going from failure to failure without loss of enthusiam
  • Post #2
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  • Apr 16, 2018 10:36pm Apr 16, 2018 10:36pm
  • dongsky
  • Joined Sep 2009 | Status: Member | 5,658 Posts
current position geepy

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Success consists of going from failure to failure without loss of enthusiam
  • Post #3
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  • Apr 16, 2018 10:38pm Apr 16, 2018 10:38pm
  • dongsky
  • Joined Sep 2009 | Status: Member | 5,658 Posts
"If you want to go somewhere, it is best to find someone who has already been there."

Robert Kiyosaki
Success consists of going from failure to failure without loss of enthusiam
1
  • Post #4
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  • Apr 16, 2018 10:45pm Apr 16, 2018 10:45pm
  • dongsky
  • Joined Sep 2009 | Status: Member | 5,658 Posts
waiting for euro retest from yesterday's high ad little rejections... trapped bulls ...
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Success consists of going from failure to failure without loss of enthusiam
  • Post #5
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  • Apr 17, 2018 12:06am Apr 17, 2018 12:06am
  • Jupiter
  • Joined Nov 2010 | Status: The bucking bronco and I. | 1,959 Posts | Invisible
Wanna be the first one.
Best wishes for your new pages.
(And many thanks for being here again...)

  • Post #6
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  • Apr 17, 2018 2:56am Apr 17, 2018 2:56am
  • dongsky
  • Joined Sep 2009 | Status: Member | 5,658 Posts
Quoting Jupiter
Disliked
Wanna be the first one. Best wishes for your new pages. (And many thanks for being here again...)
Ignored
Success consists of going from failure to failure without loss of enthusiam
  • Post #7
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  • Apr 17, 2018 3:07am Apr 17, 2018 3:07am
  • alexandria
  • Joined Nov 2010 | Status: Just playing follow my leader | 1,244 Posts
Quoting dongsky
Disliked
"If you want to go somewhere, it is best to find someone who has already been there." Robert Kiyosaki
Ignored

If I may I am looking forward to following on with you.

Alex
just check out the terrain - follow never lead
  • Post #8
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  • Apr 17, 2018 3:28am Apr 17, 2018 3:28am
  • RelaxRay
  • | Joined Mar 2014 | Status: Only visiting. Trade well ALL. | 888 Posts
Welcome back Dongsky.
Fall in love with the process, and the outcome takes care of itself.
  • Post #9
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  • Apr 17, 2018 3:43am Apr 17, 2018 3:43am
  • dongsky
  • Joined Sep 2009 | Status: Member | 5,658 Posts
Quoting alexandria
Disliked
{quote} If I may I am looking forward to following on with you. Alex
Ignored


follow at your own risk!
Success consists of going from failure to failure without loss of enthusiam
1
  • Post #10
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  • Apr 17, 2018 3:43am Apr 17, 2018 3:43am
  • dongsky
  • Joined Sep 2009 | Status: Member | 5,658 Posts
Quoting RelaxRay
Disliked
Welcome back Dongsky.
Ignored

Thanks Ray
Success consists of going from failure to failure without loss of enthusiam
  • Post #11
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  • Apr 17, 2018 3:47am Apr 17, 2018 3:47am
  • dongsky
  • Joined Sep 2009 | Status: Member | 5,658 Posts
London open - waiting for clear signals. watching market structures and its zones...

euro just hit sell limit ... clearly it is still trapping traders, direction not clear yet... waiting

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gj is retesting yesterday's high... as price nearing previous high... i kinda fade it

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managing positions now...
Success consists of going from failure to failure without loss of enthusiam
  • Post #12
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  • Apr 17, 2018 3:48am Apr 17, 2018 3:48am
  • alexandria
  • Joined Nov 2010 | Status: Just playing follow my leader | 1,244 Posts
Quoting dongsky
Disliked
{quote} follow at your own risk!
Ignored
Of course as always... I am responsible for me. Can I ask which time zones/sessions you trade in from where you are?

Alex
just check out the terrain - follow never lead
  • Post #13
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  • Apr 17, 2018 3:51am Apr 17, 2018 3:51am
  • dongsky
  • Joined Sep 2009 | Status: Member | 5,658 Posts
Quoting alexandria
Disliked
{quote} Of course as always... I am responsible for me. Can I ask which time zones/sessions you trade in from where you are? Alex
Ignored
actively trading london and new york... but i am downunder
Success consists of going from failure to failure without loss of enthusiam
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  • Post #14
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  • Apr 17, 2018 3:53am Apr 17, 2018 3:53am
  • alexandria
  • Joined Nov 2010 | Status: Just playing follow my leader | 1,244 Posts
Quoting dongsky
Disliked
{quote} actively trading london and new york... but i am downunder
Ignored

New York - you must be working really late then - of course not sure where you are in Oz. Sorry not trying to pry - just wondered trading times in Oz before - actually my man has wondered this - you have nice skydive weather..

Alex
just check out the terrain - follow never lead
  • Post #15
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  • Apr 17, 2018 3:58am Apr 17, 2018 3:58am
  • dongsky
  • Joined Sep 2009 | Status: Member | 5,658 Posts
Quoting alexandria
Disliked
{quote} New York - you must be working really late then - of course not sure where you are in Oz. Sorry not trying to pry - just wondered trading times in Oz before - actually my man has wondered this - you have nice skydive weather.. Alex
Ignored
skydiving, not me no extreme sports for me... fishing i suggest but anyway good weather for both.

sadly i don't have that stamina, i usually stayed 3 hours after new york open... the most.
Success consists of going from failure to failure without loss of enthusiam
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  • Post #16
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  • Apr 17, 2018 4:19am Apr 17, 2018 4:19am
  • dongsky
  • Joined Sep 2009 | Status: Member | 5,658 Posts
waiting for next level to add position

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trapped traders... anyone???

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Success consists of going from failure to failure without loss of enthusiam
  • Post #17
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  • Apr 17, 2018 4:51am Apr 17, 2018 4:51am
  • dongsky
  • Joined Sep 2009 | Status: Member | 5,658 Posts
looks like euro is moving after all

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Success consists of going from failure to failure without loss of enthusiam
  • Post #18
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  • Apr 17, 2018 5:44am Apr 17, 2018 5:44am
  • alexandria
  • Joined Nov 2010 | Status: Just playing follow my leader | 1,244 Posts
I apologise if this seems silly question but on your eurusd as example - you are noting size of candle thrusts up and down - are you comparing distance travelled over time (eg 5 candles travelled x distance) for measure of strength/weakness and/or for targets eg next thrust could be similar to last (or not)?

I count candles (all the time) for sign of strength/weakness but am not confident in my analysis -I am trying to learn by doing TBH. I look at lots of candles hardly travelling anywhere compared to the last thrust that sort of stuff to indicate where strength is - although sometimes the more price stays in a direction in time can give indication that price may reverse that way - so not yet clear to me on my sort of inference from distance travelled over time - also you can get some pulses that go nowhere much just before it runs strong that direction. I am getting better at seeing new strength/weakness based on few very strong candles travelled further than any other run to show possible direction.

Alex
just check out the terrain - follow never lead
1
  • Post #19
  • Quote
  • Edited at 8:27am Apr 17, 2018 6:04am | Edited at 8:27am
  • dongsky
  • Joined Sep 2009 | Status: Member | 5,658 Posts
Quoting alexandria
Disliked
I apologise if this seems silly question but on your eurusd as example - you are noting size of candle thrusts up and down - are you comparing distance travelled over time (eg 5 candles travelled x distance) for measure of strength/weakness and/or for targets eg next thrust could be similar to last (or not)? I count candles (all the time) for sign of strength/weakness but am not confident in my analysis -I am trying to learn by doing TBH. I look at lots of candles hardly travelling anywhere compared to the last thrust that sort of stuff to indicate...
Ignored

it is a good gift and advantage being strong observer...

trade with momentum and as we all know price won't run on straight lines there will be heaps of stalling, short bursts and hesitations of price as it gyrates... this is the nature of the market which we need to be aware of, particularly of its structures and forms. when price stalls after a quick burst doesn't mean it will reverse, most often than not it will continue to its current direction but more often market will trap positions/ traders.

market structure first then looking for zones where the highest probability orders are lying waiting to get filled - since we're deprive from it. looking for levels where best to test the market...

yes i am still reading bar by bar as i managing positions but still feeling price gyration is the best tool to be ahead... i am not counting bars as it will mutate at anytime, the reason that i need to be nimble at all times before i enter any position not only looking for best level of entry but also need to assess the risk and from there i can project my profitability...
Success consists of going from failure to failure without loss of enthusiam
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  • Post #20
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  • Apr 17, 2018 6:12am Apr 17, 2018 6:12am
  • dongsky
  • Joined Sep 2009 | Status: Member | 5,658 Posts
squared ...



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flat and waiting
Success consists of going from failure to failure without loss of enthusiam
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