Back to the Future – My Freewheeling Journal

I got it now

Whats your view on SL ? Fti advocates bailing out of positions if the timing was off with a minimal damage but he also seems to be against SL if it's too near its a sitting duck if its too far it doesn't really serve the purpose.

I understand that we have to be flexible and willing to adapt but I read from one of fti's post that once a position is active reassessing the battlefield is a suicide. I am caught in the middle yes I understand long setups can turn into short setups in a span of 30m or 1h and we should be on the outlook constantly but what if this works against me and that I keep reassessing the battlefield as soon as the position goes active and ends up closing a potentially profitable position. Does it make sense ? Is it mental block that I am struggling with or simply mental roadmap inefficiency ? I do think it's a little bit of both now that I really think about it

Yeah! Market is random! Like hell it is! Sure!

I made a killing simply following the RIGHT TRENDLINES! (Diagonal and Horizontal)
Not all can be saved. How true.
Yesterday Dax m5.

The nail story is here.
The Two Wolves story is here. Both for the diligent students only.

Dax m5
From another thread on DAX:
“looks like a short to me...“
“London open will be when the action really starts. “
“better wait... “

Why do I insist?
It is useless.

Blind leads blind... ROFL. (Yes this is heavy.)
Good luck, guys.

Come on
Oh baby don't you wanna go
Back to that same old place?

@11.950 ROFL ... yes, nice Pull Back! Dance the Dance! Now: OODA...

Long again @951
Scaled out @975

Please, be careful! Very careful. Nimble!
Ready to attack the continuation.

Lather, rinse and repeat. BORING, but extremely profitable.

I tend to become a pig (pigs get slaughtered) when trying to flow along flawlessly as you do, so for now I have no choice but to pick a side to dance to...

@12.025 scale out my LONG again... banking my profit! Ready to attack again (if... in case... etcetera)

There is only one side! The right side!
Want what market wants!

@12.039 closed the last platoon.

(and now testing the waters... to understand the relative forces on the ground!
I use my scouts wisely!)

... Thanks, Mama!

Support & Resistance
Supply & Demand
Cause & Effect
Effort & Result

Post #490 here.

Rode the correction down to 12.000
@12.010 squared all.
Need to understand!

don't lose all hope
I'm picking up the pieces as I go each day, each week

I "finally" see what you meant by trend lines can be subjective
another incomprehension I hope not

Piquant, dear Piquant! (... and dear all!)
You can't play a tick chart (or a 1 minute chart!) if you don't know how to read S/R as the palm your hand...
You will be dead before starting.

And to be frank... to study Candlesticks, Patterns, Fractals and Trend Lines, you don't need me or my pages.
(On the contrary... without the necessary preparation I could be really dangerous for your mind and for your book!)

Yes. Enjoy your holidays. I enjoy my points.
Meditate on the meaning of "Money Never Sleeps!"...

DAX m5... to be continued

DAX m5... to be continued (THE ATTACK FULL FORCE!)

DAX m5. (A 100 point leg!)
Banking along the road... and now at Target.
Count all the positions and do the math by yourself. Good Easter, everybody: Traders and wannabes.

Dax m5. Trading in full control. Calm and serene. No need to hurry or force anything. Simply dancing the Price Dance.
Scaled out (banking profit!) and nimble now (tight stop!)

Bye.
Remember that you can't "pyramid" in the proper way... if you don't know the proper and correct rules!

@12.041 scale out again.

I perfectly know what I want to see. And you? If not... study, study and study again.