The Bucking Bronco | Page 135 | Forex Factory

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Bronco Capital's ABCD Harmonic Pattern Journal 94 replies

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The Bucking Bronco

  • #2,681
  • Feb 25, 2020 7:53am Feb 25, 2020 7:53am
The question is not (ONLY) the list of things to be learnt.
It is the internalization of them all.
The time necessary to build your second nature: the trader's mindset!
  • #2,682
  • Feb 25, 2020 7:58am Feb 25, 2020 7:58am
On the other hand one can always be/become a "set-up" trader.
You can choose a couple of good set-ups.
You study to become the Master and Lord of them two... and you trade always in the same way,
It is not mechanical... because always require discretion... but it could help!
Less doubts and less time in training.
it is up to each one of us to decide what we want to become.
  • #2,683
  • Feb 25, 2020 8:03am Feb 25, 2020 8:03am
One can make a living from just only one good set-up!

But you have to find the most suitable for your own individual specificities: overall knowledge, temperament and time frame chosen!
  • #2,684
  • Feb 25, 2020 8:05am Feb 25, 2020 8:05am
Quoting Jupiter
On the other hand one can always be/become a "set-up" trader. You can choose a couple of good set-ups. You study to become the Master and Lord of them two... and you trade always in the same way, It is not mechanical... because always require discretion... but it could help! Less doubts and less time in training. it is up to each one of us to decide what we want to become.
I think they don't exclude each other. You can start with 1-2 set ups and then evolve your knowledge and mindset.
  • #2,685
  • Feb 25, 2020 8:07am Feb 25, 2020 8:07am
Correct! Yes. I agree with you... if we see formation as a journey.

The advantage would be to build on good technical foundations ... and not on the news and rumours.
Moreover avoiding the gambling temptation.
  • #2,686
  • Feb 25, 2020 8:11am Feb 25, 2020 8:11am
Look at this... for example!
Attached Image
  • #2,687
  • Feb 25, 2020 8:12am Feb 25, 2020 8:12am
dbrown101, tell us! good set up or not? DAX m5
  • #2,688
  • Feb 25, 2020 8:13am Feb 25, 2020 8:13am
  • #2,689
  • Feb 25, 2020 8:15am Feb 25, 2020 8:15am
Quoting Jupiter
dbrown101, tell us! good set up or not? DAX m5
Haha, I'm not him, but I am not sure I understand it. 13k along with prior consolidation in this zone. Enough for a short? :-)
  • #2,690
  • Feb 25, 2020 8:18am Feb 25, 2020 8:18am
This is the fine and nice side of Forex Factory.
(I hope dbrown101... he wasn't offended!)
  • #2,691
  • Feb 25, 2020 8:20am Feb 25, 2020 8:20am
Quoting Jupiter
This is the fine and nice side of Forex Factory.
Let's hope it doesn't get envaded by the crazies. Can I post my trades here? Would you comment on them?
  • #2,692
  • Feb 25, 2020 8:21am Feb 25, 2020 8:21am
Yep. With pleasure.
  • #2,693
  • Feb 25, 2020 8:41am Feb 25, 2020 8:41am
Quoting Jupiter
dbrown101, tell us! good set up or not? DAX m5
seemed like a good set up. H and s near support turned resistance. We never know how they will pan out though thus we must always be nimble and ready to take action. Never offended by you good friend.
  • #2,694
  • Feb 25, 2020 8:44am Feb 25, 2020 8:44am
I'd like it to be always like this! Good friends, nice conversations, good points!
Attached Image
  • #2,695
  • Feb 25, 2020 8:47am Feb 25, 2020 8:47am
They are a lot of points... banking some!
  • #2,696
  • Edited 9:04am Feb 25, 2020 8:49am | Edited 9:04am
If this thing goes down... the real target is very lower!!!!
  • #2,697
  • Feb 25, 2020 8:55am Feb 25, 2020 8:55am
Last trade of the day for me... let'see.
  • #2,698
  • Feb 25, 2020 9:01am Feb 25, 2020 9:01am
My BE is well defended... all under control in case of bull attack.
  • #2,699
  • Feb 25, 2020 9:07am Feb 25, 2020 9:07am
Yes, the h&s shoulders was nice, but Franco had entries on the head ;-)
  • #2,700
  • Feb 25, 2020 9:08am Feb 25, 2020 9:08am
940 is defended by the Bulls.
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