my initial analysis of direction is correct these days almost all of the time I just need a bit more practice and I think I'll be out of the woods as far as finding the right direction and exact point for entry because thats crucial as well.
as for exit I've decided to take profit around 700p after my entry because that seemed to be general consensus for my trades which must mean something but just in case if my target is missed by some points because it can happen I think it'd safer and wiser to leave some on the table and get out around 600p after my entry.
still have my last 2 shorts from tomorrow there'll be no more add ons just single entry (I seem to do better that way) and set my target and will just let it do its thing no more interruption.
Its going to be a bear day yet again but who knows like yd and the day before 1h support just might bring it higher we have contradicting signals between 1min daily flow and 1h flow thats what.
I'm looking to sell it around that line, its all a waiting game.
If you don't enter at exactly the right time you'll easily get a move of 300-400p against you even if you get in at the exact point where it goes the way you planned it to there's still a chance of it moving against you by 100-200p.
All odds are against you even when you think its going up or down it does the exact opposite and thats where they get you ! confusion ha !
Do you still think you can make it ?
Well you gotta be the best and become a predator thats how you'll make it.
There's something to be said about "feel" when you try to explain it logically it all falls apart except for that "feeling" that you know you know.
Think I'm turning another page in the evolution of trading and as a human.
We all like to determine things as black and white as good or bad but can you really pin down anything like that ?
Always been a fan of Wong Kar-wai, his films are something else you can't really tell anything specifically except for that "feel" and everything just flows you really have nothing to hold onto except for that flow alot films these days just feel so contrived there's little to no spontaneity that he's so good at capturing.
I guess art is truly an imitation of "life".
I find that applies to trading as well, as soon as you begin to cage this in a box everything falls apart I think thats what fti tried to explain in his thread.
Yes to be successful you have to learn the fundamentals you have to be able to read a chart in terms of highs lows double tops head and shoulders but thats not enough you have to evolve beyond those concepts to be truly good you have to enter the flow state.
I sometimes wonder how easier life would become if I was able to enter the flow state of "life"... and just let the responses come along as I sail along ? not judging anything indefinitely not having any attachments and just flowing along, gliding away through the good and the bad.
