Certainties in an Uncertain World

Consider the following Thread to be a "philosophical rambling" going on in my head. As everybody else here, I have been perfecting my trading and this has taken me definitley into the direction of "Clutterless-Charts-in-KISS-modus" - Candles and 00 0000 Levels....(Jacko!).

Since there is so much Uncertainity in the Markets and the little voices in our minds demand Certainity > the 100%-surefire-Trade, i have come up with things that are absolutely 100%-certain about Price. My Trading method has to include these Facts (a seldom word in relation with Trading)

100%-Certainity (see attached File):

1. I know the High-Low points of the Previous Candle (be it 5 Min,...Day, Week, Month) This is certain! Fact.

2. I know the Open-Price. Fact.

3. This one is more difficult to classify as 100% > I know that there will be a Range (Price movement) around the Open. I don't know how much Price points and if they will be above or under that Open Price point...there might be once in a while a "Harami cross" > Close=Open, but nonetheless 99% of Days will have a certain movement "around" the Open Price. This is a fact.

4. Prices will have to break Highs or Lows to show movement...I just don't know how much.


This is me rambling and clearing my mind. This is pretty basic stuff, but I had to write it down to keep this clearly as I trade....

Trading methods around these Facts....

Wow, I already like you! Anyway, wish you the Best.

Sometimes it helps to state the obvious before discussion begins on the esoteric. So far, so good.

lol, you used one of your first 14 posts to say that?!? glad you find your own posting to be so worthwhile. and at what point did anyone suggest there is anything on this thread, or forum, for you?

the OP needs to keep going, if only purely to draw-out the winners like above. i'm certainly getting something from this thread. a laugh... at the replies.

For your sense of humour! This business is full o people that take themselves to seriously and become stiff (I've had to learn it the hard way, that humour, with patience are valuable Tools in the Traders Mind!)

My intention with the OP was not to joke, or to give "special enlightment", it is sorting things out, kind of going back to the Beginning of my Trading experience....somehow along the path, we lose our "Trading Virginity" > complicating things, adding tons of fancy indicators to the charts, adding mental barriers to a clean, clearcut thinking process....

> unclutter your charts

> unclutter your mind = getting into the flow = using your internal guidance system to follow what you are seeing, jumping on that trend that is obvious to your mind, but is not seen because of the little voices...


If you don't like this thread, i understand and still appreciate that there are different folks - not better or worser than me - just different!

Anyway, Euromaster, no hard feelings, stick around if you want to and if not i wish you the very best and that you may become a fantastic Trader! (And hopefully come back to enlighten the rest of us

Moving on with the Thread...

“If a man will begin with certainties, he shall end in doubts: but if he will be content to begin with doubts, he shall end in certainties.”
Sir Francis Bacon

Doubt is not a pleasant condition, but certainty is absurd.
Voltaire

In this world, nothing is certain but death and taxes.
Benjamin Franklin


If there is only one word that should be banned when talking about trading it's "certainty"...