Trading with Deadly Accuracy

"Memories of the past shall come no sooner to pass than NY will approach":
http://img28.imageshack.us/img28/3213/20110119euh1.png

"But maybe I am just dreaming:"
http://img204.imageshack.us/img204/9...0119eum5r1.png
http://img23.imageshack.us/img23/6958/20110119eum5r.png

"While the first one came into being in the still of the night, the second will have to show himself in the lights of the day:"
http://img412.imageshack.us/img412/6...10119eum5r.png
http://img84.imageshack.us/img84/983...0119eum5r1.png
Translation of the all the above (and the below) into plain English: difference in volume will play conclusive part. Highly erratic, highly educational ("preparing for the worst, hoping for the best").

Crucial presupposition for all this is that we've had accumulation in the background, on which I am betting this whole week so far.

Market mirroring itself:
http://img831.imageshack.us/img831/2...eum5mirror.png
http://img407.imageshack.us/img407/1...um5mirrora.png

About crucial presuppositions: outcome of those reflections enables process of falsification -- theory that cannot deliver criteria for proving itself wrong is not theory at all.

If the premise about background is right, market must continue in its original impulse after reaction to it comes to pass.

"To every action, there is equal and opposite reaction" - Newton
(and it must surely be so in the market: without it, it wouldn't move -- the catch 22 is, it actually has to make opposing side over-stretch in its efforts).

"If you want to find secrets of the universe, think in terms of energy, frequency and vibration." - Tesla

"There's some thing freakish about the internal plumbing in the mind of a pattern hunter." - WMD

usdjpy

sam2

sam3??? not gona put money on it, but can watch it play out. support turn to resistance 3485

next bit of prophecy

Good call,
on this one I am betting too.

And as I just noticed,
you have my sincere thanks for the "V"!

As the target for the week was reached, I am now mainly waiting for the configuration for the next one to emerge and regaining my strengths.

Patience and good trading to all.

yeah yeah. i know, i'm just too sexy

watch out soros theres a new kid on the block

usdjpy flying. got good points on every call today.

And did someone mention appearance of you in Plasmapants yet?

u saying theres something wrong with the way i look

just way too sexy man!! surfing every wave

I did not realize this thread was back to life.. If I may join in and resubscribe.


Anyway....Right now due to time constraints I am only trading the EU.

Here is my daily chart layout for the week ahead.

We finally broke through the latest supply area and are racing toward the next. My thinking is that there is a lot sell orders in that next supply area. It also corresponds with 61.8 fib. "00", monthly pivot.

I know a lot can happen within a daily candle so flexibility is the key. But as it sits now I will be playing this mostly north.

Looking forward to your contributions here to this thread.

Trade safe all and have a super weekend.

Rufus

Hi Wmd,

Thanks for this nice thread an advice you give.

I have a quistion regarding the hook (breakout continuation)

Would you consider this as a good 1 and if not why not?

Thanks Wmd.

I hope you keep contribute your stuff i enjoy it really much

Patter

market has monday blues this week. i'm gonna go have my power nap.

It is a great thing to do.
In book "The way we are working isn't working" is a study showing that after hour and half of purposeful practice, our level of concentration starts to fall dramatically.
And also that people who attained mastery in any subject (achieved their 10 000 hours of purposeful practice) did so in no more than four such practice intervals a day and averaging total of 4 hours of practice per day.

Also cycles among which we alternate during sleep (and 1,5h takes to complete one full set) are in play during the day too.
Taking a nap during a day is now proven to be very restorative. One might also time part of the day to take a nap: later in day after noon it is more physically restorative while prior to noon, as waves active during a sleep are still in background, is more about creativity stimulation.

To conclude, you are actually not maundering around, should anyone assume that :-)

old skool

ed: this one hurt too bad. ouch!!! time to leave old skool alone for a while.