The Bucking Bronco

DAX Ger30 H1 update.

I have another idea about Trading (and about Trading Education and Training!)
I formed myself out of sentences like that:
“I’m an empiricist, through and through. David Hume and Bertrand Russell. I’m solidly in the English tradition.”
This is Richard Dennis, the Father of the Turtles.
So, who is right? The ignorants or me?
How a serious Forum about trading should be?
Can you see the implication and consequences of a quote like that?
No? You are not imagitive and creative enough to see the reality of thing!

Again. What a pity.

Learn to follow the market’s price action and read the signals it gives.

I'm a Technical Trader.
I'm a Dow Trader: I'm only interested in the Ebb and Flow of the market. All the rest to me is irrelevant!

“Trading Technique is simply the ability, through study, observation, and experience,
to recognize the signals in each of the several phases of market movement.” – George Douglas Taylor

> The signals. The signals of what?
Before me four problems:
When to Entry.
When to Exit.
How to filter “bad” Trades.
How to maximize my results when I'm right.

> To recognize. Yes, I don't predict... I ascertain, I prove, I detect, I take note of facts!
It's the difference between the present and the future: I live in an eternal present. In the NOW! Now and here!

> Phases. Yes. The Wyckoff's Market Phases... Nothing is random in the Market.

And again I have marked the difference between me and ALL the others....
Now: how many concepts have I listed in these simple chain of sentences?
How many Authors did I refer to?
Which are the consequences of a mindset like that on my everyday trading?

Ultimately, traders should feel a great sense of freedom and fulfilment when they can rely on simple charts
to formulate a game plan or a conceptual roadmap in their heads –
and the movement on the tape tell them their game plan is correct.

Consequences?

11.165 now.
Careful and nimble!

She says "Tango!"... and I Tango.
I obey and she pays for my job!
fti is a genius!

But one must be imaginative and creative enough to get the message right.

On the trendline now! We'll see. Just follow her. Dance. (And Stop in place!)

I probably should redraw the last ascending TL and get rid of the mid line as I'm typing HL is confirmed bulls are in.

Yes we have to read it as inverted H&S!

We know nothing. Empiricist "Tabula Rasa". Let's see whether the Bulls pass or not.

oops.

inverted H&S! yep.

But could it also be H&S 673 being the shoulder (maybe) ?

This is a typical situation in which how you spread your troops on the battlefield is fundamental.
Here is pure "General & Commander" techniques.
What you deploy, what you remove, how much... are you satisfied with your positions? Yes/no...
You can learn only with years of practice and all depends from your character and personal attitude! (and capital!)

yeah, this is tough but much better than gambling.

This is trading the price. WE leave gambling to the others!

Bears are pressing. OODA. Fix your levels. Control your stop. Constant adjusting.

625 retest test
there's HH
will 600 hold ?

Super freeze. Watch out. And decide immediately.
This is trading to me.
I won't fight. In case... I'll jump out with my profit.

LEVELS MUST BE ABSOLUTELY CLEAR!

Nikkei is in the Resistance.

As I said yesterday.... the beauty of the effort is amazing! Market is a live beast!
Bears sell the Rallies! Hard!

Point for the Bears. Nice attempt. We'll see next.
But... note that the Entry of the Bears was a really strong one.