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Flying Dutchman

Quoting Kwt4x
{quote} reminds me of "Chasing Mavericks" about killer waves.
Not seen the Film, but apparently Gerard Butler (one of the actors) almost died filming this movie in a surfing scene.

The term he used was "wiped out" , ironically thats what happens to your trading account also, if you don't know what you are doing.

Rotten Tomatoes scored very low, migh skip this one.
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Quoting Kwt4x
{quote} you don't need to be aggressive in trading, remember "good things come to those who wait". today is BoE Interest Rate Decision, trade safe.
Worst kept secret................. EVER !!!
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Quoting Shabs19
{quote} Not seen the Film, but apparently Gerard Butler (one of the actors) almost died filming this movie in a surfing scene. The term he used was "wiped out" , ironically thats what happens to your trading account also, if you don't know what you are doing. Rotten Tomatoes scored very low, migh skip this one.
Was the score low for critics or audiences. I tend to not pay attention to critics and pay attention to normal viewers. ratings.
Mark ... Either you understand or you don't, and that is that.
Quoting Shabs19
{quote} I don't go down to the M1 charts, far too much noise for me, but you could take a trade based on the HTF MS such as M15. Price tagging YL, making a lower low but divergence telling you otherwise. Current WO is also here @ 160.850 So patience & wait until price closes above WO, and avoid the stop hunts (3 of them). First target would be Franky Open ( Terminus - Bus Stop ) or DO depending on your appetite.
Thanks for the feedback. Just taking a look. Would make good pre open prep work ( marking up before the open) in conjunction with my own trading approach.
every Saint has a past. Every Sinner has a Future
Quoting turnip15
{quote} Thanks for the feedback. Just taking a look. Would make good pre open prep work ( marking up before the open) in conjunction with my own trading approach.
Normally a good indication is how the US market ends the day, more or less.

GJ dropping from the highs of yesterday, so you could expect some bounce back in the Asian session, which is where TT & Co. reside.
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Quoting spzd
{quote} Was the score low for critics or audiences. I tend to not pay attention to critics and pay attention to normal viewers. ratings.
https://www.rottentomatoes.com/m/chasing_mavericks
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My only point was, why not look for a better entry than the one you are taking. Why not have the market move against you, then enter.
Get the Lag out
Interesting how Franky, London & NY took the market UP to MS before dropping.

The same players / Banks / Algo ?

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Quoting ZeroLag
My only point was, why not look for a better entry than the one you are taking. Why not have the market move against you, then enter.
Not sure, what you mean. Move against you ?

What you should mean is pullback entry, and not chasing the market.

Avoiding FOMO
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Quoting Swede
Speaking of common sense, you Gotta love FOMC days, but one really needs to jump to your daily charts for perspective where sup/res levels are clear, or break of structure shows itself...if resistance is tested, as I expect it will, there may be a huge correction, or not lol..... ps...I use closing prices to determine structure, spikes count for sup/res otherwise {image}
As expected yesterday High was challenged, or should I say hunted, whatever the case a great entry for the turnaround was clear (see daily chart)
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Quoting ZeroLag
My only point was, why not look for a better entry than the one you are taking. Why not have the market move against you, then enter.
An entry to tip the toe in the water is used by some traders, some test the market with a little entry. Scalping to swing trading is different in this approach.
Quoting Shabs19
{quote} https://www.rottentomatoes.com/m/chasing_mavericks
Audience says so-so.
Mark ... Either you understand or you don't, and that is that.
Quoting spzd
{quote} Audience says so-so.
If you like waves & motivational movies

But have you seen "The Shallows" with Blake Lively ?

Waves plus Shark, double the excitement..............

Inserted Video
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Quoting FocusWinReal
{quote} An entry to tip the toe in the water is used by some traders, some test the market with a little entry. Scalping to swing trading is different in this approach.
It depends how much drawdown can you take, and knowing when you are wrong.

Can be disastrous if you don't know what you are doing.

Scalpers look for High Win Rate but low RR and Swing traders can survive with Low WR but High RR.
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Quoting FocusWinReal
{quote} An entry to tip the toe in the water is used by some traders, some test the market with a little entry. Scalping to swing trading is different in this approach.
Never could understand this process. Test trades?? To me that is a WTF?!?!? moment.

No offence to any.
Mark ... Either you understand or you don't, and that is that.
Quoting spzd
{quote} Audience says so-so.
you're not missing anything, it's not the type that you would watch a rerun of.
"the public is not yet ready for it" W.D. GANN
sp500 long and short of it
And Lines etc
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every Saint has a past. Every Sinner has a Future
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  • Last Post: Mar 23, 4:03pm (46 min ago) Mar 23, 4:03pm (46 min ago)
Why Bank Traders Lose Money....

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The Best Loser Wins
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