The good thing about the ranging market is... even when you are wrong, the market always comes back to you. 
Always learning
- Post #4,622
- Quote
- Dec 30, 2022 9:24am Dec 30, 2022 9:24am
- Joined Dec 2010 | Status: Hybrid PA | 4,073 Posts
{quote} Is that person ? called a "Redneck" in some countriesAnd what's Blue doing to the person that evokes that big smile
Charts make him go into a state of ecstasy.
Mark ... Either you understand or you don't, and that is that.
- Post #4,623
- Quote
- Dec 30, 2022 9:37am Dec 30, 2022 9:37am
- Joined Sep 2006 | Status: Member | 9,298 Posts
every Saint has a past. Every Sinner has a Future
- Post #4,624
- Quote
- Dec 30, 2022 9:42am Dec 30, 2022 9:42am
They are pumping the market b4 the last significant news of the year. Might be a setup for the last damp of the year. 
Always learning
- Post #4,625
- Quote
- Dec 30, 2022 9:50am Dec 30, 2022 9:50am
- Joined Dec 2010 | Status: Hybrid PA | 4,073 Posts
Mark ... Either you understand or you don't, and that is that.
- Post #4,626
- Quote
- Dec 30, 2022 9:54am Dec 30, 2022 9:54am
- Joined Dec 2010 | Status: Hybrid PA | 4,073 Posts
{quote} That 200MA was the entry down.
{quote} And back it comes. Must be waiting on the data.
Mark ... Either you understand or you don't, and that is that.
- Post #4,627
- Quote
- Edited 10:19am Dec 30, 2022 10:03am | Edited 10:19am
- Joined Sep 2006 | Status: Member | 9,298 Posts
every Saint has a past. Every Sinner has a Future
- Post #4,628
- Quote
- Dec 30, 2022 10:49am Dec 30, 2022 10:49am
- Joined Sep 2006 | Status: Member | 9,298 Posts
Probably unwise trying a trade on New York with new years etc so close.
Anyway. Had a couple of losses/stopped out which means my winner left me with a few pips for a bread roll
I noticed that I missed a couple of nice pin bar bounces off two levels but I had used them as roadmap targets rather than launching points ( still learning to mix and match) Good learning session. Price seems listless now so I am not going to risk a death by a thousand cuts.Dax was great this morning.
I am off now to enjoy the weekend.
Happy new year to you all
Comments welcome as usual
EDIT: yes = I saw the price jump just then BUT I am not to be lured back into the fray
Anyway. Had a couple of losses/stopped out which means my winner left me with a few pips for a bread roll
I noticed that I missed a couple of nice pin bar bounces off two levels but I had used them as roadmap targets rather than launching points ( still learning to mix and match) Good learning session. Price seems listless now so I am not going to risk a death by a thousand cuts.Dax was great this morning.
I am off now to enjoy the weekend.
Happy new year to you all
Comments welcome as usual
EDIT: yes = I saw the price jump just then BUT I am not to be lured back into the fray
every Saint has a past. Every Sinner has a Future
- Post #4,629
- Quote
- Dec 30, 2022 11:21am Dec 30, 2022 11:21am
- Joined Sep 2006 | Status: Member | 9,298 Posts
Charts Charts and More Charts....... FIBs FIBs and More FIBs too..... My end of the year fun lol.. I love seeing where we started and where we finish for a few reasons... One is just my insatiable appetite for trading,,,,another analyzing,,,and I like to set the stage for next year. For my normal daytrading I dont make predictions or projections..I simply like to set areas of interest where the market is highly likely to react. And as I recently posted I use the Weekly and the Daily and the 4hr. Major Fibs are set of the Weekly..I have just seen...
( CLICK "Watch on YouTube")
Inserted Video
every Saint has a past. Every Sinner has a Future
- Post #4,630
- Quote
- Dec 30, 2022 11:34am Dec 30, 2022 11:34am
- Joined Dec 2010 | Status: Hybrid PA | 4,073 Posts
Probably unwise trying a trade on New York with new years etc so close. Anyway. Had a couple of losses/stopped out which means my winner left me with a few pips for a bread roll
Mark ... Either you understand or you don't, and that is that.
- Post #4,631
- Quote
- Dec 30, 2022 1:57pm Dec 30, 2022 1:57pm
- Joined Aug 2007 | Status: Member | 1,876 Posts
Tom Dante
@Trader_Dante
Dec30, 2022
Some pointers for your 2022 trading review A Thread
A year end review can be boiled down into three simple questions:
1. What worked well?
2. What didn’t?
3. What’s next?
To do a deeper dive, here are some key questions to ask yourself. This is, by no means, an exhaustive list. Remember: Curiosity is the basis for improvement .
If you had clear goals for 2022, did you achieve them? If so, how challenging were they? If not, what stopped you achieving them? If you didn’t set goals, why not?
Have you made a net profit in 2022? (Net of any expenses) If not, what do you believe stood in your way? If so, is the amount you’re making, increasing year on year?
Did you do your best in 2022? If not, what circumstances prevented you from not giving your all?
What was your biggest/best trade of 2022? What led to this being the biggest/best trade?
E.g. Was it the result of a once in a blue moon move? Was it due to running a position? Was it due to adding to a position? Could this successful outcome be replicated in future?
What was your worst trade of 2022? What led to this being the worst trade? E.g. Did you take too much risk? Did you run a loss further than you ordinarily would? How could you avoid this failure in future?
What was your biggest win streak of 2022? Review the trades with the aim of working out the factors that led to this success. E.g. Did you hit a market condition particularly conducive for your strategy such as a clear trend? Could this success be replicated in future?
What was your biggest drawdown of 2022? Review the trades with the aim of working out the factors that led to failure. E.g. Did you trade through a market condition such as a low volatility environment? Could this level of drawdown be avoided in future?
When you review 2022, do you find there are consistently recurring issues you haven’t yet addressed? E.g. Types of trades that don’t work? Risking too much or too little? Deviating from your plan with detrimental effects? Come up with a solution for improvement in 2023.
Are there processes you feel would improve your performance, but you aren’t actively executing? E.g. Journaling? Regular performance reviews? If not, why not? What can you do to make sure you action these processes going forward?
What distractions caused you to miss the most opportunities for trading/learning in 2022? Work? Family commitments? Other? Is there a way to minimise this distraction in the year ahead? E.g. Work/family commitments can often be mitigated by careful planning
If you could rewind 2022, what advice would you give yourself knowing what you know now? E.g. Was there a particularly bad month you might want to stand aside from next year? Take the advice you would give to your past self and include it in your 2023 plan
What are your goals for 2023? An effective end-of-year business review should include a plan of execution for the upcoming year. What processes will be put in place to meet next year’s goals?
@Trader_Dante
Dec30, 2022
Some pointers for your 2022 trading review A Thread
A year end review can be boiled down into three simple questions:
1. What worked well?
2. What didn’t?
3. What’s next?
To do a deeper dive, here are some key questions to ask yourself. This is, by no means, an exhaustive list. Remember: Curiosity is the basis for improvement .
If you had clear goals for 2022, did you achieve them? If so, how challenging were they? If not, what stopped you achieving them? If you didn’t set goals, why not?
Have you made a net profit in 2022? (Net of any expenses) If not, what do you believe stood in your way? If so, is the amount you’re making, increasing year on year?
Did you do your best in 2022? If not, what circumstances prevented you from not giving your all?
What was your biggest/best trade of 2022? What led to this being the biggest/best trade?
E.g. Was it the result of a once in a blue moon move? Was it due to running a position? Was it due to adding to a position? Could this successful outcome be replicated in future?
What was your worst trade of 2022? What led to this being the worst trade? E.g. Did you take too much risk? Did you run a loss further than you ordinarily would? How could you avoid this failure in future?
What was your biggest win streak of 2022? Review the trades with the aim of working out the factors that led to this success. E.g. Did you hit a market condition particularly conducive for your strategy such as a clear trend? Could this success be replicated in future?
What was your biggest drawdown of 2022? Review the trades with the aim of working out the factors that led to failure. E.g. Did you trade through a market condition such as a low volatility environment? Could this level of drawdown be avoided in future?
When you review 2022, do you find there are consistently recurring issues you haven’t yet addressed? E.g. Types of trades that don’t work? Risking too much or too little? Deviating from your plan with detrimental effects? Come up with a solution for improvement in 2023.
Are there processes you feel would improve your performance, but you aren’t actively executing? E.g. Journaling? Regular performance reviews? If not, why not? What can you do to make sure you action these processes going forward?
What distractions caused you to miss the most opportunities for trading/learning in 2022? Work? Family commitments? Other? Is there a way to minimise this distraction in the year ahead? E.g. Work/family commitments can often be mitigated by careful planning
If you could rewind 2022, what advice would you give yourself knowing what you know now? E.g. Was there a particularly bad month you might want to stand aside from next year? Take the advice you would give to your past self and include it in your 2023 plan
What are your goals for 2023? An effective end-of-year business review should include a plan of execution for the upcoming year. What processes will be put in place to meet next year’s goals?
The Best Loser Wins
- Post #4,632
- Quote
- Edited 3:44pm Dec 30, 2022 3:18pm | Edited 3:44pm
- Joined Aug 2007 | Status: Member | 1,876 Posts
I say this with the utmost of sincerity and importance....
you must watch this video of Tom Hougaard giving a seminar..
Its 2.5 hours... Invest the time in yourself...
There is absolutely no person on this forum above this information and does not need it..
Heres the blurb about the video as the audio and video is sub-optimal if your looking for
fancy bullshit this aint the guy..The internet is full of the fakes.
Cheers
Blue
Edit,, Heres the pdf of the Seminar:
Edit: Listen very closely the first 30 minutes you will hear the 50% level..Round numbers...Timing
Why are we sharing? “ You know, if you think about the very nature of life. I mean, from the very beginning. The development of the first cell divided into two cells. The sole purpose of life has been to pass on what was learned. There is no higher purpose.
So if you're asking me what to do with all this knowledge you're accumulating. I'd say, pass it on. Just like any simple cell going through time. “ Movie quote from “Lucy”.
Earlier in 2022 I was asked if I wanted to give a talk about trading for the IX show in London. I agreed and hired a film crew, just to capture this moment in time. Unfortunately, the location was awful, and the acoustic was terrible. The recording was never intended for commercial purposes, but I decided not to publish the recording.
Then my “wing-man” and fellow trader Lennie persuaded me to hand it over the recording to him. Over the last 6 months Lennie has worked on the audio and the visual, and he has created something, which is still sub-optimal, but it is a significant improvement to the original version. So, if you want to thank anybody for this, please thank Lennie. Without him, this would never have seen the light of day.
This recording shows me trade live, while educating a small crowd of 25 people. The cost was £175 to attend and all proceeds went to the organiser to support the show. I have worked with the IX show and Simon Campel for 20 years, since I was working at City Index. He is a fine friend and gentleman and the IX show follows an ethos I can get behind: share knowledge.
So what can you expect from this video?
1/ my take on research and how I conduct my research
2/ how I manage a live trade – I think I was trading £200 a point in the FTSE
3/ how I appreciate my fear based mind and how I tame it I hope you enjoy it, and if you do, please send Lennie a thank you. He really does deserve the applauds for making this happening.
you must watch this video of Tom Hougaard giving a seminar..
Its 2.5 hours... Invest the time in yourself...
There is absolutely no person on this forum above this information and does not need it..
Heres the blurb about the video as the audio and video is sub-optimal if your looking for
fancy bullshit this aint the guy..The internet is full of the fakes.
Cheers
Blue
Edit,, Heres the pdf of the Seminar:
Edit: Listen very closely the first 30 minutes you will hear the 50% level..Round numbers...Timing
Why are we sharing? “ You know, if you think about the very nature of life. I mean, from the very beginning. The development of the first cell divided into two cells. The sole purpose of life has been to pass on what was learned. There is no higher purpose.
So if you're asking me what to do with all this knowledge you're accumulating. I'd say, pass it on. Just like any simple cell going through time. “ Movie quote from “Lucy”.
Earlier in 2022 I was asked if I wanted to give a talk about trading for the IX show in London. I agreed and hired a film crew, just to capture this moment in time. Unfortunately, the location was awful, and the acoustic was terrible. The recording was never intended for commercial purposes, but I decided not to publish the recording.
Then my “wing-man” and fellow trader Lennie persuaded me to hand it over the recording to him. Over the last 6 months Lennie has worked on the audio and the visual, and he has created something, which is still sub-optimal, but it is a significant improvement to the original version. So, if you want to thank anybody for this, please thank Lennie. Without him, this would never have seen the light of day.
This recording shows me trade live, while educating a small crowd of 25 people. The cost was £175 to attend and all proceeds went to the organiser to support the show. I have worked with the IX show and Simon Campel for 20 years, since I was working at City Index. He is a fine friend and gentleman and the IX show follows an ethos I can get behind: share knowledge.
So what can you expect from this video?
1/ my take on research and how I conduct my research
2/ how I manage a live trade – I think I was trading £200 a point in the FTSE
3/ how I appreciate my fear based mind and how I tame it I hope you enjoy it, and if you do, please send Lennie a thank you. He really does deserve the applauds for making this happening.
Inserted Video
The Best Loser Wins
- Post #4,633
- Quote
- Dec 30, 2022 3:54pm Dec 30, 2022 3:54pm
- Joined Dec 2010 | Status: Hybrid PA | 4,073 Posts
Mark ... Either you understand or you don't, and that is that.
- Post #4,634
- Quote
- Dec 30, 2022 4:44pm Dec 30, 2022 4:44pm
- Joined Aug 2007 | Status: Member | 1,876 Posts
The Best Loser Wins
- Post #4,635
- Quote
- Dec 30, 2022 4:53pm Dec 30, 2022 4:53pm
- Joined Dec 2010 | Status: Hybrid PA | 4,073 Posts
Mark ... Either you understand or you don't, and that is that.
- Post #4,636
- Quote
- Dec 31, 2022 5:51am Dec 31, 2022 5:51am
- Joined Aug 2006 | Status: Member | 4,042 Posts | Online Now
Follow the Money
- Post #4,637
- Quote
- Dec 31, 2022 9:06am Dec 31, 2022 9:06am
- Joined Apr 2020 | Status: Offline | 3,262 Posts
The Ghost In The Machine
- Post #4,638
- Quote
- Jan 1, 2023 2:03am Jan 1, 2023 2:03am
- Joined Aug 2007 | Status: Member | 1,876 Posts
HAPPY NEW YEARS TO ALL,,,
I sincerely wish prosperity for all in all aspects
The power of 3's....... Will it or Wont it on a large scale ?
Who knows !!!
Measured Moves in Both Time & Price shhhh Fibs too All the Major highs were never breached this past year...
Perhaps that will change or perhaps we take out Oct 13/2022 Low....after that its No Mans land with the next
liquidity in the 2000s YIKES....
Cheers
Blue
I sincerely wish prosperity for all in all aspects
The power of 3's....... Will it or Wont it on a large scale ?
Who knows !!!
Measured Moves in Both Time & Price shhhh Fibs too
All the Major highs were never breached this past year...Perhaps that will change or perhaps we take out Oct 13/2022 Low....after that its No Mans land with the next
liquidity in the 2000s YIKES....
Cheers
Blue
The Best Loser Wins
- Post #4,639
- Quote
- Jan 1, 2023 10:46am Jan 1, 2023 10:46am
- Joined Dec 2010 | Status: Hybrid PA | 4,073 Posts
My effort with Octaves Horizontal Lines Measured Moves etc etc ps Think I must have drunk far to much ? pps Will delete it when I sober up hahahaha {image} {image} {image} {image} {image} {image}
Mark ... Either you understand or you don't, and that is that.
- Post #4,640
- Quote
- Jan 1, 2023 11:12am Jan 1, 2023 11:12am
- Joined Dec 2010 | Status: Hybrid PA | 4,073 Posts
Mark ... Either you understand or you don't, and that is that.