priceaction1 journal

The maths is just the stastical read of the picture. Constant mathematical calculation only tires a mind that is coping with swiftly changing conditions. A visual eyeballing of the ranges thats unfolding would already give you a guessstimate of the required resources for the challenge, give or take a variance of up to 10 %+-.
Your understanding is complete. Initially you may have to content with the maths. but after a few initial skirmishes the scope of the required skew required will fine tune by intuition. And it probably will be view by bystanders that you were flying by the seat of your pants.

From that point onwards exposure size can be quickly determined. And the focus would be reverted to the timing of the hit which is determined by the gradient of the move (dance), which is a visual of it volitility.

Many analyst uses the this spiral ( some use fibonacci retacements) on price and although this is an accepted branch of TA. It builds blind reliance on "hope" factor. I use it as true to initial research basis and use it on size of position as in Money management.
by master fti.

@fti
I think Zoran did ask me about my using the pi against that was suggested in the golden ratios (phi) by some posters here. I will answer him here as it is related issue.
Using a phi spiral creates a constant growth spiral from a point.
Whereas using pi skews breaks the circular leg price range and creates a spiral initiating from a "range window" .In doing so, price and volitility ( determined by visual observation of the leg of run from the bar chart.) becomes a component to the skew. This is akin to the using ATR of a run leg of a trend ( note: run leg and not bar range). And the spiral growth becomes a function of the windowed range. To do this requires much capitalisation.

This can also be constructed from a phi start point which begins not from the fibonacci progression but a user determined base. Only that the spiral growth then coils into a 1.618 constant of itself. The exact technique of determining that range window leg is classified for my own use as it may not be suitable for individuals.

For the purpose here, an understanding of the phi (golden) spiral may be sufficient as they both utimately produces the same , a progressive growth of position exposure growth. The differences is in the aggression of rescue and attack sequences.

You may like to build models to find your individual tolerance levels. Some may be able to build better models than that which I use because mine is aggressive due the size of my capitalisation, while at the bank. The reson I am doing so much demo is to retrain myself for trading as an individual.

Whats most important is the understanding of the impact of per pip "value at risk" as the position size spirals. It can get scary, so stay to most conservative parameters.

The scary truth about trading
by fti.
Is not so hard to understand Jacque.
The truth is all of creation is beyond our capacity to understand.
We can try, with our little knowledge of what it really is. But we will not.
We can only understand from our perspective of it.
Try use it to our advantage for self sustainance until our time on this playground is over.
Try understand, it is not real.
even the most honourable, is only honourable to break point. And everything will yield , when the price is right.
What is the right price?
well i have been trying to figure that out all my life.
The ultimate fair price of money, of things, of honour.
Still nowhere near figuring that out.
Only managed use correct fair pricing technique tame the banks books to be profitable all the time.
regardless of all greeks.
Ultimate fair pricing is not straight forward as the Black & S model derivatives.
From my research, and workings of it .
Believe me you, it comes with a twist.
May be one day someone will rediscover it.
But i , i will not give. Has dark forces in it.
So i will carry it , maybe i will ask God why? if i ever get meet God.

regards

If what i say is over your head.
Think of it this way.
I discovered "nuclear bomb". the bank thinks they havd seen it from spying my trades.
i had used it. works like witchcraft.
the twist, only i know, no one will see it, because it is unseen.
Understand this, not every formulae , can be reversed engineered. There is such things as 1 way fomulae.
so i will not give it to anyone.
it is dark force. unleashing it only brings bad consequenses to the economies.
will only benefit user. Any thing that is absolute works, will abosolutely corrupt.
so i will carry with me.
If the angel wants to they will teach it to another.
Unveil it, not be me.

i will not teach fire.
But just understand.
If something is cooked. there is no way reverse the process, uncook it.
Its like fire. 1way process.
only will corrupt.
but the journey of learning it, its dang witchcraft.
when somthing takes , something must give.
it only change state.


This i can leave with all.
Good and evil is the same thingy.
is same as planets, nothing changed, half the sphere the light is on it , the other is dark.
But nothing changed. it just spining on an axis.
When light is on it , we think is different to when light is not on it.
but that perspective in itself is fallacy.
And we are not flys thats stuck on glue paper.
That perspective is binary,
maybe string is 3D.
few understand 6D with a stop/rest.

just info.
chief is with us. now I have all the info he shared something on @ April 21 2019
hope someday he will back in the thread.

regards

my trade.
https://charts.mql5.com/21/41/eurusd...kets-pty-2.png

@fti

eur/usd I have a bearsh bias.

gbp/usd bullish?

https://charts.mql5.com/21/42/gbpusd...-limited-2.png

May is coming back for the 4th vote...

I naver see a such a long divorce process, actually, they won't but.

1.12 to 1.11 will be battle filed.

add some more [email protected]

Tian mi mi, you are my tian mi mi.
Can't you hear the beating of my heart. With you my heart will shine.
Each night i dream, you're coming back to me.
But now you're gone so far away from me. Broken hearts and broken dreams.
I'm still loving you!
All the things we had just fade away.
All the love we shared had gone away.
You're gone so long. But still my thing goes on. Now that you're gone,
i live the endless days to hear your name,
it truly makes me cry. Cuz you are no longer mine.
I'm still loving you

add 1 more @1.1208

will soon book my profit due to high leverage, and it is now 800% @1.1205.

done@ 1.1204.

Ey Master, always with advantage...
1219, 1214, 1207, first scaled out at home, waiting 1188 ...

regards