DislikedHey lilpip,
I am not looking for apologies, that not necessary.
I may have been a little harsh in my words, but I am just trying to tell you, hey buddy , you are going the wrong way.
The frame of mind , ie mindset is absolutely 180 degrees.
If you are trading live, you are in dangerous territories.
Due to the daily chart patterns,these couple of days, I have become very nimble, and book protective untill the fog clears. So I am attck adverse, although there is no harm trying, I wouldn't want to overstay the attack positions lest be caught pants down.
For you, stay off the predictive analysis, if you look at the daily charts, we are doing all sorts of wierdness, outside reversals against outside reversals,
and coiling now, doesn't that tell you anything about the market's status?
So you must adopt, a conservative approach, until this fog clears. And it will, the only question is when, and not at what levels. Levels now means nothing.
Its the pattern and behaviour, thats where the key is.
By the way all this weirdness is good for the book, easy to trade, no test of the balls at all. Wished markets were always like this, bears bleeding, bulls bleeding, dead pig everywhere.
Another issue is that since you are new, try to stay on one pair, while using 3 kingdoms to guide you on that pair. Its fool hardy to do crosses until you can master the one.
Mistresses and concubines often confuses simplicity of life.
regards
Also don't take it too harshly, training always painful.
Like my wife always say , no pain no gain.Ignored
You ask me what reason for the bull stance ? I just felt that the market was going that way so I wanted to followed to see how far.
As far as being pedictative and fortune telling I try not to. There are times I seem to have a bias though, when entering and exiting trades otherwise I try to keep it in check and I'm more than happy when others help me do so when needed.
I appreciate the reminder of not counting on levels at volitile times I needed to here that.
When I'm mentioning these price area levels I don't know the direction price will move but from trying to be familier with the pair with the best of my ability at this time. I view them as points of entry.
With extra attentiveness I try to feel the market on what its trying to do for safe entry.
So for example today for my entry to dance was to watch with extra attentiveness the e/u 5701 area to see which way I would enter.
The same for the g/u 9765 area would be an area to watch for an entry one way or another.
I have to say my bias was up for both pair, thats why I pulled the scout this morning as I just awoken 5 min. before and wasn't prepared for a fight. So as the g/u was going down from 9765, not doing what I thought and not prepared to follow I got out.
I'm just trying to understand how to get on the daily trend and avoid fighting with it.
Hey you walk the talk
I'm trying to learn the talk then learn how to walk and eventually be able to walk the talk to some degree.
Right now my speech is slurred and when left on my own to walk I wobble and fall down.
And I don't mind help from anyone if seen needed.
Hey, Its good to see your post on dancing with the market, it helps to see the steps and blows in a given situation. and a pattern to measure up to, I comprehend better now the hit them hard fast and get out.
I'll try to pick up on the appropriate timing for entries.
Let the fun and practice begin.
ok maybe.
