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Back to the Future – My Freewheeling Journal

  • #881
  • Edited 10:25am Feb 26, 2018 9:10am | Edited 10:25am
Even this one (difficult to believe... but that is it!) is a NORMAL move. Nothing strange.
The strange is if they take out the low.
  • #882
  • Feb 26, 2018 9:13am Feb 26, 2018 9:13am
Yes. We'll see.
It was perfect in H1... I must admit... I didn't want to obey. My fault.
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  • #883
  • Feb 26, 2018 9:25am Feb 26, 2018 9:25am
OK... this 485 is the last bullish point in m1 and m5. And we can discuss the matter!

But unfortunately I must say that the pattern seems reversal in H1. And this is a big trouble.
Bear target 425 again.
  • #884
  • Feb 26, 2018 9:36am Feb 26, 2018 9:36am
Now Bears need a close under 490... to mark the point against the H1 trend.
What puzzle me is this violence in the move.
Can't say more than this... again. You decide.
  • #885
  • Feb 26, 2018 9:50am Feb 26, 2018 9:50am
Quoting Jupiter
Now Bears need a close under 490... to mark the point against the H1 trend. What puzzle me is this violence in the move. Can't say more than this... again. You decide.

Gotta go for now my friend... thanks so much for ride along.....you are very generous of spirit......

The last push long you could feel change in tone from bull to bear when they retested the level... bears came in very strong


Alex
check out the terrain - follow never lead
  • #886
  • Feb 26, 2018 9:57am Feb 26, 2018 9:57am
Quoting alexandria
{quote}... thanks so much for ride along.....


I'l stay a little bit more... Wanna see the end of this push!
Have a nice evening...
  • #887
  • Edited 10:27am Feb 26, 2018 10:03am | Edited 10:27am
@520... after the Bears' Failure!

  • #888
  • Feb 26, 2018 10:05am Feb 26, 2018 10:05am
m5

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  • #889
  • Feb 26, 2018 10:05am Feb 26, 2018 10:05am
Yes one candle more! And I'll go to read a good novel. (Not a book about Trading... )

Squared!!!! !!!! That was nice and a bit "Thrilling"!
Good evening to all.
Tomorrow will see what the Close of the day has to tell us.
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  • #890
  • Feb 26, 2018 10:41pm Feb 26, 2018 10:41pm
Quoting Wachturm
I think longterm bears consider the upsloping H4 range as a bear flag, a pullback of the 1900 points drop... and with a new monthly candle at thursday, bears are starting now to scale in positions for a drop to 11000 that are my thoughts why the H1 uptrend begins to fade... but of course I am trading in the NOW!, so please dont kill me, Jupiter
The different positions on the Terrain make the Markets tradable.
If I wanna buy I have to find someone willing to sell.

You will surely find some Bears thinking like that... and on the other side some Bulls thinking like me.

"Market is a creature of Chaos
a far from equilibrium soup
simmering...
on the uneven flame of human psychology." - B. Williams.

Yes. No doubts!
  • #891
  • Feb 26, 2018 10:52pm Feb 26, 2018 10:52pm
Quoting alexandria
{quote} You trade m1 in NOW so you need m1 to match m5 in line with h1 tho I think you will trade with caution m1 with m5 trend in H1 pullback M5 ...
This is the safest way... again, no doubts.
Unfortunately, there is much more when it comes to discuss about possible tactics on the Terrain.

Slowly but surely the diligent student will find HIS PROPER way of moving INSIDE and BETWEEN the Waves (and the Ripples).
But he needs (should need) a good dose of:
knowledge
open mind
flexibility
and... (weird to say!) "willingness" to lose!

(Very often we forget to meditate on what is the real significance of the expression "Participation to the Market".)
  • #892
  • Feb 27, 2018 12:33am Feb 27, 2018 12:33am
I'm using, throughout my posts, these two example (of complexity, finesse, necessary education, mindset, dedication, natural skills...):

  1. playing a guitar
  2. riding a horse

And I insist... hoping that, in this way, I might reach your imagination and visualization.

Do you wanna play your guitar like Jimi Hendrix did? Impossibile, you say!
Possible!!! I'll replay.
Just only one pattern and you'll see... yeah! One pattern is enough to get that colourful sound!

But to use it in the proper way... you MUST have the preparation of Joe Satriani!
You must be the Master of it!

I know, I know... I am so boring.


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  • #893
  • Feb 27, 2018 12:46am Feb 27, 2018 12:46am
So to trade like Jesse Livermore you must be Jesse Livermore.
To play like Jeff Beck you must be Jeff Beck.

But one can HUMBLY get the inspiration... and the TECHNIQUE! (and cry... cry... cry... oh Good God! How I cry. )

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  • #894
  • Feb 27, 2018 12:52am Feb 27, 2018 12:52am
Linda Raschke and I: something we have in common.
A young Linda with her horses...
And one of my old horses...

Dressage is the Art of Perfection! And you need to be two... to Dance.
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  • #895
  • Feb 27, 2018 1:12am Feb 27, 2018 1:12am
Rules.
Conviction, Discipline and Determination.

The famous trader and father of the Turtles, Richard Dennis said:
“I always say that you could publish my trading rules in the newspaper and no one would follow them.
The key is consistency and discipline - Almost anybody can make up a list of rules that are 80% as good as what we taught our people.
What they couldn’t do is give them the confidence to stick to those rules even when things are going bad.” – Jack D. Schwager - Market Wizards
  • #896
  • Feb 27, 2018 1:33am Feb 27, 2018 1:33am
Nothing to hide... nothing.
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  • #897
  • Feb 27, 2018 1:53am Feb 27, 2018 1:53am
@555 ... 7 minutes to LO... OODA (Too easy, Mama! How could I beleive it?)
  • #898
  • Feb 27, 2018 1:57am Feb 27, 2018 1:57am
I scale out... scouts @542
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  • #899
  • Feb 27, 2018 2:00am Feb 27, 2018 2:00am
Ready... add-on!
  • #900
  • Feb 27, 2018 2:03am Feb 27, 2018 2:03am
Scale out again...
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