The Bucking Bronco

"The biggest secret about success is that there isn't any big secret about it,
or if there is, then it's a secret from me, too.
The idea of searching for some secret for trading success misses the point. " - Ed Seykota

I'll answer to a PM in public.

I'm not talking about prohibition or banning of all kind of indicators and the use of pure naked chart.
What I am saying is to be aware of and refuse a "Predictive" and "Ridig" use of any indicator.

I use my Moving Averages and I perfectly love them.
I use them without rigidity... I know how not to become a MA Slave!

So just put in every effort to avoid every sort of dependence.
Try to discover the Action of the Price that produces that effect on your specific indicator.
You will gain in speed of response.

We don't want to grow up
But we have to grow up
As sad as I am, I do understand
I do understand, it just makes me sad

Faith. I know all the games you play
Because I play them too...

Scalping the Bears' Side... the last one!

Seriously speaking.
Did you find the yesterday's action confused?
Did you have difficulties in dancing with Lady DAX ?

Again. For the milionth time.
I have just finished the examination of my yesterday's charts.
The price behaviour was simply perfect and beautiful! Incredibly technical. And respectul of the Rules.
Text book action/reaction.

Decide how to react to this post of mine.
Write down your opinions.
Share them, here. Please.

Learn to read the Tape.
Learn to read the Form.

Unlocking the power of Colonel John Boyd’s OODA Loop: Observe - Orient - Decide - Act.
Shaping and Adapting.
How to transform uncertainty in opportunity.

There are a lot of similes created in the history of Trading to express this same idea.
Livermore and Gann used the Forensic one:
"Be like a Detective of Wall Street".

Choose the one you like but get the concept right. Learn to read! Learn how to read!

Zen Garden...

Just few more added onto my basket of concepts - my trusted weapon , refining what I already have.


And diligently preparing to fly, maybe a little too early ?

In the meantime to watch Nikkei fall over 100pips has been so satisfying even on the sidelines! I'd been just marking my entry and exits in my mind as a practice

GM,
yes, it was hard for me, although the daily chart spoke clear language. Also bad news from the German industry.
In my case, after LO I was long, it was OK, then I made a mistake and didn't go short at 12335, then at 12300 I was long and lost. After 13 pm, I started short attack (target low of Asia session), but ended BE. Then only a few scalps in the afternoon.

Yep! Banking! DAX m5.

And two... Banking along the road... Trailing Stop on! Ready to jump out... Otherwise...!!!

No way! I don't fight! Don't call me... I don't care.

Nice Jupiter.
Still I have to learning.
Have a nice day.

No positions, now. Sorry. I don't like it.

Yes, 11180-12200 important level.

Be careful...

Banking... almost all! Not a clean move, IMHO.