The Bucking Bronco | Page 250 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Bronco Capital's ABCD Harmonic Pattern Journal 94 replies

Attachments: The Bucking Bronco
Exit Attachments

The Bucking Bronco

  • #4,981
  • Apr 24, 2020 1:50am Apr 24, 2020 1:50am
Trailing stop on!
  • #4,982
  • Apr 24, 2020 1:51am Apr 24, 2020 1:51am
I added too, but they fooled me again with those bearish candles at resistance and a break below... Got only a few points on the add.

Flat now.
  • #4,983
  • Apr 24, 2020 1:52am Apr 24, 2020 1:52am
350 squared... it's OK! I knew I was right! Dogmatism but not empiricism!
  • #4,984
  • Apr 24, 2020 1:54am Apr 24, 2020 1:54am
That was quite busy, and London hasn't opened yet...
  • #4,985
  • Apr 24, 2020 1:55am Apr 24, 2020 1:55am
u guys having wider spread today than normal?
  • #4,986
  • Apr 24, 2020 1:56am Apr 24, 2020 1:56am
Quoting 21vs7
u guys having wider spread today than normal?
No, it had actually gone back to normal this week for me.. 2 points for Frankie, 1 pt for London. Never had it smaller.
  • #4,987
  • Apr 24, 2020 2:05am Apr 24, 2020 2:05am
Attached Image
  • #4,988
  • Apr 24, 2020 2:07am Apr 24, 2020 2:07am
357 squared! Target.
  • #4,989
  • Edited 2:34am Apr 24, 2020 2:13am | Edited 2:34am
Quoting karuner
... by applying concepts, through interpretation, by contextualizing. That is: Reading the market.
And in fact the W.D. Gann "verbalization", the words I use so often, are "Reading the Form."
With the add of Sun Tzu teaching it becomes "Reading the Terrain."
But all that is on the Praxis side.
On the other we have the Principles. Immutable and unchangeable Laws even in the era of machines and algos.
And the "Eternal Present"... the right side of the chart with the Heraclitus's aphorism.

Stimulating, isn't it?
Attached Image
  • #4,990
  • Apr 24, 2020 2:30am Apr 24, 2020 2:30am
Quoting Jupiter
{quote} And in fact the W.D. Gann "verbalization", the words I use so often, are "Reading the Form." With the add of Sun Tzu teaching it becomes "Reading the Terrain." But all that is on the Praxis side. On the other we have the Principles. Immutable and unchangeable even in the era of machines and algos. And the "Eternal Present"... the right side of the chart.
yes, and i think it is imperative for trader to reflect on the way he talks about the market, the chart. about the concepts he uses for the narrative, the interpretation. one could talk about the market as a battle and use militaristic metaphors. or could talk like it is a game. or cooperation. or a terrain. or something mechanic. or in concepts of information theory (signal/noise) and so on.. i believe it makes a real difference, how one talks and thinks about this.

Quote
Stimulating, isn't it?
truly
  • #4,991
  • Apr 24, 2020 3:26am Apr 24, 2020 3:26am
No positions. Just scalping 5 to 10 points here and there in the range.
Now we had this break of the ascending trendline.
We'll see.
319 level of interest.
  • #4,992
  • Apr 24, 2020 3:33am Apr 24, 2020 3:33am
Any comments on this trade would be appreciated. I got out where I did because it was looking like it was forming a potential bear flag to break the trendline lower...

Perhaps leaving it at BE would have been a better choice rather than taking a few points in profit?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 52 KB
  • #4,993
  • Apr 24, 2020 3:47am Apr 24, 2020 3:47am
Question.
Do you see a chart pattern here?
If yes, which one?
Attached Image
  • #4,994
  • Apr 24, 2020 3:52am Apr 24, 2020 3:52am
Find it. And study its structure and formation... what to expect and how to trade it.
Anyway, the entry on the Trendline was OK.
  • #4,995
  • Apr 24, 2020 4:01am Apr 24, 2020 4:01am
Quoting EddyL
it was looking like it was forming a potential bear flag to break the trendline lower...
It is normal and it is part of that pattern.
  • #4,996
  • Apr 24, 2020 4:15am Apr 24, 2020 4:15am
Quoting Jupiter
Deep retrace. Over extended to 300 again... calling for the Bears in! My target was 357 minimum.
Minimum means minimum!
  • #4,997
  • Apr 24, 2020 7:30am Apr 24, 2020 7:30am
I could be wrong but I'm not too much interested in these Bulls, so today has become a boring scalping day.
Some points here, some points there.
Nothing exciting.
  • #4,998
  • Edited 8:00am Apr 24, 2020 7:43am | Edited 8:00am
I'm seriously thinking of going to mow the lawn.
My fault.
It is a psychological mistake that can become serious!
But I can't play with these non-technical Bulls.

When a team violates and doesn't respect the levels, my refusal is total: physical and almost aggressive.
  • #4,999
  • Apr 24, 2020 8:01am Apr 24, 2020 8:01am
it's said that All is fair in War and Love
  • #5,000
  • Apr 24, 2020 8:04am Apr 24, 2020 8:04am
My moral law! I am like that... crystalline: "the starry heavens above me and the moral law within me."
2 traders viewing now