Journey to consistency

GM, same here :-)

PS: now I've seen you already traded it

Nikkei: my view and action!
Long FAILED
Short STOP HUNT (and I didn't re-enter )

DAX: my view and action...

"A scout is always expendable! The Army never!" - fti

You have an H&S and Double Bottom there.

Nice to see the difference between CFD (mine) and yours futures.

It's a CFD chart... GER30 index.

Good to know,
I wish you a good trading, see you.

They are beating each other hard on all the indeces.
Ready to jump out. Tightening my stop, locking in some profit.

I'm going off now, enjoy your weekend !




yep looks like it's going to be an uneventful European morning the range was tight too for Nikkei during Asian session.

Ouch... it is steep! ROFL

Poor Jupiter: inscrutable, obscure, incomprehensible... inexplicable to everyone?

Right on the Top again! (DAX m1 again)
And this is also quite steep.
Now it's time for the NATURAL reaction/correction.

As I said, my intention is just to offer the point of view of an observant Trend Follower.
To me, on a short time frame we surely have an advantage.
Sorry for the invasion, Piquant. I thought it was necessary.

you're always welcome !

trust me I still have so much to learn from these postings, I still don't understand a whole lot so it's always a pleasure to see you posting here or anywhere else (I've been thinking hard about what you said about theory of the open for a few days maybe when the time comes I'll understand that you really meant atm I'm pretty content with action reaction and resolution

as you probably have seen I'm still a little confused about main horizontal levels hence my trouble with exits , it's all about the timing isn't it ? I'm not ready yet to incorporate the big picture or the trend in the now I'm beginning to see the basics of Hi's and Low's but I'm pretty damn sure it'll take some time and some more confusion with a bit of suffering to get it fully

330 was 1h double bottom support which I didn't notice until it created a double bottom on 5min, the big trend (Daily and 1h) is still up however 5min has been down so the first down move was viable.

But dare I way I wasn't fully convinced plus I was a little slow in reaction this morning I'm going to have to prepare for monday on the weekends I need a warm up first after the weekend I can't get into immediately although I have about 30-45min to prepare I need more time for monday.

Theory of the open ?

Now the last two arrows I think are viable long signals 425 and 445 (I've seen Franco do it and I remember reading it on Hilma's book on Gann whether or not if I saw it right is another topic ) BUT this is not something I'm comfortable doing atm and I'm not even sure if this is the right way BUT I still feel like by the open it kind of gave a hint on what it was about to do UP.

The battle.

Nikkei H1... Big M against Big W. Trends inside Trends.

I think I've done a decent job trying to understand the big picture today trend was down I had my main horizontal level 446-451and my 123 however yesterday's low was very close which made things tricky for me.

Onto the first entry knowing that I was selling into yesterday's low I was prepared to exit on any abnormal behavior and I did at -3pips that's a huge accomplishment usually my losses are way bigger onto the second try I went in a little lower for the same reason as my first entry and finally out at 251-252 next major level if I'm not mistaken is at 024.

Now I've drawn a down TL as the horizontal level broke and as yesterday's low broke downfall accelerated so I drew a new TL as I'm typing price may have found temporary support but I've got my main TL we'll see what happens if there's going to a bottom or trend continuation and can I connect the dots accurately as I think I have done as my initial analysis and catch the move ?

Think I've reached the end of the road <almost>.
7 years.
It's intriguing how the teacher disappears when you're "really" ready to learn.
That leaves you with no one to turn to but the chart and the structure of price movement.
But there comes a time where you start to believe in your convictions, they start so fragile breaks to pieces after a single hit.
If the foundation has been set correctly in due time with great effort you'll start to see order in chaos until it becomes a second nature.
A great beauty it is - the order universal all across - cause and effect - action and reaction.
Never once did I dreamt of realizing something much bigger than myself and the material gains that trading can bring.
But the journey has been well worth the struggles and I hope yours too will reveal the same.