The Bucking Bronco

Bought 11.075 stop below. Let's see.

Strong pressure. Be careful.

Nice live call... stop +3.

11.100 another point for the Bears. Squared.
Market is alway right... but I don't understand this selling in anticipation of the correct level.
I will remain in scalping mode for a while, following H1 development.
For sure I won't fight this trend.
Let's follow the retest of 11.075.
CU

Watch out. Two points for the Bulls, now.
But the price doesn't move.
Unfair countermove cooking?

They are not invisible! And if you know how to take advantage of them... they are cooked!

m5 banking. I'm exhausted.

Squared 130. It's OK.

Greetings from Finland. Thank you for being so inspiring!

It was a nice move. Threads of Jupiter are pure gold.

Thank you for posting.
Pleased to make your acquaintance.
Pat yourself on the shoulder! You did it! And that seems nice.
If I understand properly: scouts always in and some good in and out on retraces. Good timing.

Unfortunatelly my previous post was not approved by admin. Maybe that picture was too good for a junior member. But final picture of my trade is there. Yes, it is about scouts + some scalings in retracements. Timing is maybe good, but far from perfect.

Thank you for your welcome. I was lurking here for some time. I do not feel like I am worth posting here anything, but I have to say, that I was inspired by your work/threads here. I would like to testify that profitable and sensible trading is possible. That trading is not (and should not be) about random trades. Thank you for your influence.

Next, I see another skirmish is/was here and I would like to defend your style of trading. I do not agree with those few points traders nor gamblers without any risk management. Those people do not know what they are doing. And actually, they do not understand the market at all.

Although many consider you as controversial, I am sure there are persons like me who understand you (at least partially). And your presence and work have sense and meaning.

Sorry for my english. It is not my primary language.

Best regards
Oli

A post like this gives meaning and purpose to all my work.
My intention has always been clear: exactly demonstrate that the possibility of controlled trading exists.
And this against the loser attitude that reigns supreme among the members of Forex Factory.
An understanding of the logical mechanisms that underlie the dynamics of the price is possible
through the study of the testimonies that great Traders of the past have left us.
A return to the origins of scientific trading will allow us to face the future with awareness.
It is a necessarily individual path made of continuous effort.
Each level reached will lead us to the next one, higher and more complex. Up to a complete overview.
The market is in fact nothing more than the sum of all the techniques, methods and strategies
that all traders as a whole adopt to try to take advantage of price fluctuations.
Thanks ole3, stay with us.

The basic rule, the pillar on which all my construction is founded is the main Jesse Livermore's and W.D. Gann rule.
“ONLY ENTER A TRADE AFTER THE ACTION OF THE MARKET CONFIRMS YOUR OPINION AND THEN ENTER PROMPTLY".
This "Probe Method", the "wise use of your scouts." is the core of their method and the centre of fti's TAF teaching.
Then the pyramiding in direction of the Trend, with its infinite variations and possibility.
This is my universe.
Richard Wyckoff, impressed by the operation of the two great traders on the Wall Street of the roaring years,
he made a mission of trying to understand the methodologies of the two great ones and studied them thoroughly.
Everything is written in black and white.
It takes time to read, study, compare, understand and practice. A long time, too long ... that's the problem.
Dow, Elliott, Livermore, Gann, Wyckoff, Schabacker ... and from there the evolution of historical Trading up to the modern times of algorithms.
It is not difficult to understand. There is nothing to accept. It is so. It is history. Facts.
Except that nobody, really nobody tells them or told them.
Oh, good heaven .... if only I was younger ...

“Without specific, clear and tested rules, speculators do not have any real chance of success.” - Jesse Livermore

Personally I don't give a damn if a demonstration of Rules and Approach Method is done in demo or in real.
I'm interested in the objectivity and positivity of the Rule,
Indeed on a closer inspection ... the use of the demo allows even better to enhance the possibilities of the Rule,
if done well with due respect,
allowing "the teacher" to concentrate himself fully on the theoretical possibilities.
Because, exactly, we are talking about REPRODUCIBLE theoretical possibilities when we talk about a scientific demonstration in laboratory.

But if one uses the demo to avoid "the Risk of Ruin"... well, then things are different!

“CONTINUE WITH TRADES THAT SHOW YOU A PROFIT, END TRADES THAT SHOW A LOSS” - Jesse Livermore

The Forex Factory audience is certainly composite.
There are serious beginners, exhibitionists, snake oil sellers and... real snakes!
For this reason, unfortunately we cannot go deep into the debate of things.
Each of us is called to use our heads and to deepen every single aspect personally and with extreme diligence ... in a path of individual growth.

Contribute. Write. Post.
The debate is open.
These pages are like a very small Culture Club.