Back to the Future – My Freewheeling Journal | Page 27 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Another Trading Journal - Yuhu's Journal 17 replies

Livestream Video Journal EuroDollar (Future) 194 replies

Twitch Journal - Live Journal 4 replies

Back to Fundamentals Journal 18 replies

My Personal journal up 18% in 2 months going to start a journal 8 replies

Attachments: Back to the Future – My Freewheeling Journal
Exit Attachments

Back to the Future – My Freewheeling Journal

  • #521
  • Oct 19, 2017 3:18am Oct 19, 2017 3:18am
Quoting alexandria
Alex
  • #522
  • Oct 19, 2017 4:49am Oct 19, 2017 4:49am
Quoting Jupiter
{quote} S&P500, Dow Jones US30, DAX... Let the Market show you the path. Don't be like the others... Don't assume and don't anticipate. Listen, follow and adapt. A message in and with the music (as fti used to do...) "Turn and face the strange Ch-ch-changes Don't want to be a richer man?" https://www.youtube.com/watch?v=_rpWZlu7Uck
I assumed and anticipated and lost my week profit
I am not worthy for your club
  • #523
  • Oct 19, 2017 5:00am Oct 19, 2017 5:00am
Quoting wbemsms
{quote} I assumed and anticipated and...
I knew that, my friend.
This is why I told you "Wait!", yesterday.
(... and the recommendation was not for you, but for all. Of course.)

Gann used to quote the Bible to teach about "TIMING"...

"There is a time for everything, and a season for every activity under the heavens:
a time to be born and a time to die...
a time to plant and a time to uproot,
a time to kill and a time to heal,
a time to tear down and a time to build..."
  • #524
  • Oct 19, 2017 5:05am Oct 19, 2017 5:05am
Quoting Jupiter
{quote} I knew that, my friend. This is why I told you "Wait!", yesterday. (... and the recommendation was not for you, but for all. Of course.)
But steenbarger says no matter how big your loss you have to continue and end the day positive
Every single day
Half way there
  • #525
  • Oct 19, 2017 5:07am Oct 19, 2017 5:07am
Stay on the right side and whack them hard!
  • #526
  • Oct 19, 2017 5:10am Oct 19, 2017 5:10am
Quoting alexandria
Thank you for pointing the way...
As the old Zen saying reminds us,
I am a finger pointing to the moon. Don't look at me, look at the moon.

Just as you breathe in and breathe out, the world is a manifestation of change;
sometimes ahead, sometimes behind, sometimes dynamic, sometimes static, sometimes vigorous, sometimes feeble,
sometimes being safe, sometimes being in danger.
Therefore the wise avoids excess, extravagance, and arrogance.
See only oneness. Flow with Infinity and exist in peace and harmony. - Tao Te Ching

Oh! I really love this Eastern wisdom.
  • #527
  • Oct 19, 2017 5:39am Oct 19, 2017 5:39am
Quoting wbemsms
{quote} no matter how big your loss you have to continue...
Take it "Cum grano salis."... with a pinch of attention and intellect, I mean.
This could be really dangerous and even deadly lethal.

Sometimes it could be more, more clever to throw the towel in. Just to fight another day.
Without trying to get it all back in one go.
A lesson of humility and a way to the useful recover of serenity.
Sometimes you have to find a way to get rid of the bad feelings before attempting to tame the market again.
So... be flexible also on that.
IMHO
  • #528
  • Oct 19, 2017 6:53am Oct 19, 2017 6:53am
Retailers: assumptions, predictions, anticipation, no idea about Dow, no idea about Elliott.
I'm really enjoying my day.
Thank you.
Thank you....

post #2 - “Act on facts and not on opinions!”

Thank you... it's the other side, guys!
  • #529
  • Oct 19, 2017 9:49pm Oct 19, 2017 9:49pm
GM
US indeces... new Historical Record High during the Asian Session.
(Nikkei recovering)
We'll see. Remember my #516.
Trade well. I told you. Don't fight the Tape.
Attached Image
  • #530
  • Oct 19, 2017 10:01pm Oct 19, 2017 10:01pm
DAX H1
Friday.
Attached Image (click to enlarge)
Click to Enlarge Name: 19_10_17 22.00 H1.JPG Size: 57 KB
  • #531
  • Oct 19, 2017 10:19pm Oct 19, 2017 10:19pm
Whatever you think and might think...
in the above chart we are facing a 61,8% retrace (or 50% on the total). And this is a fact. Full Stop.

Markets have an inner order and profound Laws.
Jesse's Irresistible Force and the Gann's Bible reference … are two ways of expressing "necessary" Credo and Blind Faith!
Since, however, this is a “non-linear order”, resulting from the interaction of rhythms and cycles of varying degrees, frequency and intensity,
it is identified and interpreted with difficulty.

So don't be too harsh with yourself if you can not get it. Study with passion and you will see more and more.
  • #532
  • Oct 19, 2017 10:36pm Oct 19, 2017 10:36pm
Blind Faith?
Steve Winwood (Eric Clapton, Ginger Baker and Ric Grech) ... the first Supergroup.

Inserted Video
  • #533
  • Oct 19, 2017 10:46pm Oct 19, 2017 10:46pm
Message. Message. Another message in music. Blind Faith.
The Secret.

Inserted Video
  • #534
  • Edited 11:31pm Oct 19, 2017 11:13pm | Edited 11:31pm
I'm not predicting anything.
I'm just following. OK?
The Top and Bottom formations are extremely clear. And so are the retest.

And now, The Question? Is Elliott Theory an opinion?
Why am I asking?
I don't count the Waves, but sometimes they hit my eyes with their self-evidence.

Please, trade well.
  • #535
  • Oct 20, 2017 12:46am Oct 20, 2017 12:46am
[quote=Jupiter;10406672]{quote} As the old Zen saying reminds us

to walk on land is the same as to walk on water

Inserted Video
Time hides Nothing
  • #536
  • Oct 20, 2017 12:47am Oct 20, 2017 12:47am
Inserted Video
Time hides Nothing
  • #537
  • Oct 20, 2017 1:54am Oct 20, 2017 1:54am
Quoting Jupiter
The analysis of this sort of skirmish between Highs and Lows is paramount. We are in Uptrend. Lows are more important. But you have to judge and understand whether that LH is coming from Bears Attack os Bears Surprise/Defense.
Great point: Bear attack or bear surprise/defence

1st circled LH: terrain: strong bear run down preceded pullback - stronger than bull run before it: then nice dummy move in pullback with 2 inside bars to trick bulls long at/near resistance potential selling zone =bear attack.

2nd circle: as above in reverse for bear trap at potential buying zone.

Alex
check out the terrain - follow never lead
  • #538
  • Oct 20, 2017 1:55am Oct 20, 2017 1:55am
Quoting Jupiter
I'm just following...
Self evidence =
  • #539
  • Edited 2:14am Oct 20, 2017 2:03am | Edited 2:14am
Quoting alexandria
{quote} Great point...
That is my style.
For someone it could be too rational and cerebral.
(Read the dongsky's reaction...)
But to me... I was scaling in and out inside those waves!
(Note that in that picture we were in a UPTREND!)
And making my money.

"Wax on and Wax off" as I'm doing in this very moment... LOL

Yes... it is all about "YOUR Personal Mental Road Map"! Get your information and react.
  • #540
  • Edited 4:58am Oct 20, 2017 2:33am | Edited 4:58am
Quoting alexandria
{quote} trap...
It's this thing of the “Babel Tower” that is destroying me... LOL

I think that “via Internet” a real discussion is probably impossible.
We all use the same words but with different meaning: trend, slope, swing, momentum...
In this moment I can't be sure of what you really get. How could I?

Your effort of thinking in waves in perfect. Your analysis of the opposite moves and intentions, perfect!
But your use of the word “Trap” put in me some worries.
You must reason in Dow terms and evaluate the modifications in the swings' force. LH and HL... in that case... in an uptrend.

We are flying high, now.
1 trader viewing now