The Bucking Bronco

Time to wait or time to risk and play some more?
If it were an H&S I would have to stay.

25 points full force!!! at 11.000 break until 10975.

Watch out.

I knew... LOL banking 10.975

We are on an important Trendline and in front of a strategic level.

My (perfect) position in m5. Stop in place.

I rarely play the news or events. I'm ready to square. Don't follow me.

Banking 1... first entry 047

Squared 025

Banking 2... first entry 034

Banking 3... first entry 005

Want something more than this?

And again she didn't conclude the move. Oh, my anger!

Squared 950. It's OK for me... What a day. Ciao.

DAX Ger30 H1 update.

DAX Ger30 m5.

The market holds absolute truths.
It determines traders' financial fates and acts as the arbiter of the speculators' moral worth.
We test ourself every single day.
You either made money or you lost money. I'm a good person or I'm a bad person.
As fti used to say: “We are as good as our last trade.”

Discipline is both an idealized state and a concrete set of internal strategies.
Discipline separates traders from the guiding principles of the outside world
by differentiating the time and space of the market and creating a specific “market being”.
Only with the correct mindset you can experience the market and become a part of this living thing, intimately connected to it.

A good trader must "get rid of (his/her) ego."
The quality of a good trader is located not in personal characteristics but in the talent to transcend individuality.

I think I was extremely clear in all my posts: these are the principles that give form to my threads.
These are the pillars on which my trading technique are built.
They can't be separated.

I have convinctions and certainties, here.
I expose and support a theory.
As I said, I use the Col. Boyd description of OODA to represent the trader condition in front of the market.
This is complex and not linear as when you write it in words.
- Observe
- Orient
- Decide
- Act
In an ideal trade, the trader observes the market and its motions, establish a direction, makes a judgement, and executes a sale or purchase.
Inside these four moments we must understand and define the correct relationship between Subject (Trader) and Object (Market).

There is a aim: Shaping and Adapting. Destruction and Construction.
This is the Power of the OODA Loop.

How to turn uncertainty in opportunity.
Techniques allows the trader the flexibility to move in and out of the market in an instant,
taking advantage of every rise and fall of a instrument's price.

I could write about this stuff all day but it has nothing to do with the "normal and usual" practice of trading!

I think yesterday, in its relationship between expectations and reality, was a good mental gym.
I hope many pre-judgments have been severely tested ... and that some have seen some light.

Stay technical.
Stay with the Flow, always in the Flow. Don't even try to paddle against the current.
Trend is your only friend.
Just select your TF, define your universe.