Back to the Future – My Freewheeling Journal

DAX m5 ... only scouts in. Trailing my stop!

River flows in you.
No guitar, this time. But a good piano.

@916 Squared, closing the remain. And now wait & see. Need a signal, a confirmation.

Scaling again... but this is me! Scouts always in!

Dax m5 with my scouts' position and Trailing Stop.

Squared again. Now "super/hyper" OODA. With patience.

Level of Interest: 12.010-12.015

Below:
- Yesterday Close 12.000
- Central Pivot Point 11.987

Don't force. It is useless. Wait for a clear sign of Rejection up or down.
This level is strategic.

I am in "If... Then..." mode: proper planning will ensure that we're ready for any development.

Attacked @11.977
Now scaling out... and banking profit.
Only Scouts in!

You are right. I'm so boring.

BORING. BORING:
Sold the WS Open... full force. I have all the "House Money" I need to do it in full security!
Scouts always in.
Ready to attack again! IF... IN CASE...

Etcetera, etcetera...
Bye.

Wash, rinse and repeat!
Wash, rinse and repeat!

Watermelon in Easter Hay.
Complete title: Playing a Guitar Solo With This Band is Like Trying To Grow a Watermelon in Easter Hay"

1979 – Frank Zappa in his concept album “Joe's Garage”.
These are the last notes Joe dreams up before giving up on making imaginary music.
And the piece makes the perfect swan song.


“This is the Central Scrutinizer
Joe has just worked himself into an imaginary frenzy during the fade-out of his imaginary song.
He begins to feel depressed now. He knows the end is near.
He has realized at last that imaginary guitar notes and imaginary vocals exist only in the mind of the imaginer.
And ultimately, who gives a f**k anyway? (laugh)...
Excuse me... so who gives a f**k anyway?
So he goes back to his ugly little room and quietly dreams his last imaginary guitar solo... “

Inserted Video

Hi my friend I'd like to ask during minor trend against main impulse (which could just be an abc type pullback) and you have entered too early with impulse direction: which of the following approaches do you use:

 

1. close if minor swing I entered on gets taken out and reenter later if goes our way
2. close if minor trend moves against us and enter later when/if minor trend goes our way again with new scout at nos closed (so 2 closed in loss new scout =2) or go in at next levels up (2 closed so go in at 3,5...) - this stops any further loss and if trend never moves back our way then minimises damage
3. close if minor trend goes too deep against impulse - prevents loss building
4. leave in and take pain wait until bleeding stops and rescue next level(s) up when/if goes our way again - if never goes our way again then we are in greater loss but not added more men into the trouble
5. trade minor trend to reduce loss and rescue when/if minor trend moves our way - reduces loss and maybe in fact recovers it but lets us hold to our main bias with small damages but need to be fast in case main trend swings in fast

I'm not sure which approach is best for me and I have done all.

Alex

Dear friend and competent student... nice question. We already discussed the matter in past.
Try to confront your answers with this wild DAX move!
The important thing to me is always the point of extraction.
With this modern market... or you are on her flow or you are on the platter with an orange in your mouth!

Today I try to be in line with Gann, always... Tight stop! And never fight.

Bye bye guys (and girls of course.)


I was an early bull on the WS Rally.
1° entry 11.978 attacking the HL
Exit all positions at 12.155 (ride the trend until the end) at a possibile reverse pattern forming.

(Too tired to press, I simply let the profit run) (177 linear points just and only for the scouts entry + all the rest...
End of demonstration.)

....genius just in these words my friend


Alex

This thread is pure gold.... takes lots of study (or maybe this is just me).... what is written is sooooo true: yin + yang (order leads to chaos and chaos leads to order and so it always was and will be... ).....action +reaction+result model them for yourself/is there lots of buying activity/is there lack of selling activity......who is doing what and where + timing (must work on timing a lot more)

Pure gold thanks to Jupiter always for his generosity


Alex