The Bucking Bronco

Bears are furious!!! Profit locked it: stop in place. Free ride.

220 in sight. We will see. OODA.

@235... etcetera.

Attacked and banked along the road... Squared 247... it's OK, to me!

What's going on? Zoom out and you'll see it...
DAX m5 Fibonacci 61.8%.

bulls looking to reverse the 5m trend. off the same resistance turning support point that you did. bears saying no.

I came down... squared @228 and now waiting. (With a - stupid - long bias!)
As I told this morning, this move it is not clear to me... IMHO...

Stupid bias! Ka -boom... I lost my scouts! Poor men.

Wrong bias. But not stop and reverse... for me.
I think it is better to call it a day.
Market is always right. She knows more than me.

But...

Bought 215 last attempt. Stop below.

I can see why you had that bias. she looked like she was gonna turn...bears said no with those stepping tops @12280. that last bear impulse was a definite no. we'll see what bulls wanna do when 12220 comes...not trading this just following along with thread

Market will decide.
If I'm wrong... I'll be out in a sec!

Very, very close... bought 218

228 will bank some... done. Stop repaid!

"The 'doing' part of trading is simple. You just pick up the phone and place orders.
The 'being ' part is a bit more subtle. It's like being an athlete. It's commitment and mission." - Ed Seykota

Bears won.
I'm not infallible.
The failure at the Top was eventually confirmed at the Bottom, as well.
Price went South to close the Gap.
Yesterday was a Bearish Day.

@236 I prefered to leave than obey. Not an appropriate behaviour, but a safe one.
When I am confused I refuse to engage.

I have never hid that I don't like to trade the U.S. Session.
At this point of my day, usually, I am too tired.
Yesterday I didn't wait to see and analyse the break down and this could be read as a fault.
I missed a good opportunity with a sure and easy target.

Why I can't have my office with a pair of young assistants?
Why this loneliness and this boredom?

In warfare and in business,
the speed at which the OODA Loop is executed
becomes the largest factor in disrupting the enemy in the battle space,
and the competition in the business space.

At the time of the Korean War,
American pilots were flying an aircraft that was less maneuverable than their opponent.
Boyd observed that despite the Russian-made MIG-15’s advantages,
the American F-86 won a majority of dogfights
simply because the Americans had a better field of vision
and hydraulic controls that were faster and easier to use.

Of the four steps in the OODA Loop, American pilots had clear advantages in observing and acting, the first and last stages of the Loop.
They were in a position to disrupt their adversary’s process by having better information and faster execution.

Observation – how to manage a variety of data and filter them in the proper way!
Orientation – schemes and plans about how to react
Decision making – better, faster, more-repeatable decisions... Many decision are pre-loaded and anticipated!
Action – right time and right place

Think and act like a fighter pilot.

Know yourself!

And "Know Yourself", know thyself, γνῶθι σεαυτόν (or σαυτόν) is part of the Observation phase.
The act of sensing yourself and the world around you.
Unfolding circumstances, outside information, one’s unfolding interaction with the environment.

If this is the announcement of the day to come...