DislikedCrikey, I wake up and so much to read, cheers & thx to all (apologies to any I missed upticking, it wasn't because I didn't value stuff, EVERYTHING we see helps us to learn). I think we can all safely say now we are looking at the fuller Market Mechanics & Behaviours. (As Kev mentioned earlier in a post, many here spent time with George discussing his own viewpoint on things such as these market mechanics). (THOUGH, too many I believe in my heart, read his thread only looking for one magical...Ignored
Very true about people looking for the golden goose as it pertains to George's thread,,, yet it really does not have to be so complicated...trading that is...the biggest battle is dealing with ourselves whilst we trade and pull the trigger and exit etc... Those emotions that's the hard part...
Look at the chart you posted... And mine for that matter... Georges targets..BRNs etc...we can beat the horse on and on...but use those areas... The OUTSIDE trade from the outside to mitigate your risk... Use confluences...it's really that simple...and when the market keeps on trudging against you...that's why you trade from the outside...cut it...and wash your hands ...you don't have to be right all the time..
It's truly that simple...it is we who make it hard.. and when your really good like Pete...you can get right up inside of the flow and Duke it out...but Pete's a far better boxer than me lol... Had my ass beat tooooo many times lol..
Keep it simple...
Blue
The Best Loser Wins
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