My trading journey

Hi Erap,
salamat! but one thing's for sure... you're dad is more wiser

regards

hi there dongsky,

impressive journal, nice to see how you managing your trades, keep up the good work... i'm at the moment again reading taf again and again and check the markets for ice cream money...

i have read in your journal that you have summarized a document out of graemes millipede thread, about candlestick... i believe i have seen a conversation with niels somewhere... would be nice if you could sent me a copy of that...

thanks in advance and i wish you a nice weekend

io

Since December of last year i have been exploring my methodology of trading... but it wasn’t so long for me to realize that i didn’t have any – but one thing that i noticed i had been doing lately, and it’s becoming more and more clearer to me every time i’m dancing with my lady... is nothing but simply reading and feeling her candle per candle as she’s revealing them to me (as it appears)
Here’s my current positions...
When i opened my chart 2 hours ago, number 5 candle was just forming and start to its rejection...
Here’s my view...
1 it was a strong bearish candle with a long wick above – showing a strong rejection happened but
The push of the bears wasn’t successful because it’s followed by a bull candle
- the sentiment is still neutral... considering it’s currently sideways action...

2 a bullish candle but didn’t manage to break previous high of 1 and a strong rejection was noticed

3 a bearish candle... again it went strongly up but was rejected by bears and managed to push the
Close near 50% of the previous candle... and didn’t reach previous candle high...
- after having seen the action happened at 1,2 and 3, my hindsight sentiment now would be
Bearish neutral... would anticipate another strong push of the bears further down will confirm

4 after a short leg run by bears, there was a short pause by a bull candle (it’s a neutral small bull
Candle) now a bear candle appeared... and was followed by a strong bears... after a doji candle
Appeared, i would be expecting a correction (and to me would be a good entry considering a
Confirmation candle apprears)...
- bearish sentiment could be felt here

5 a bearish candle, but a trace of rejection by bulls... bulls presence has been noted!!!

6 now a bullish candle... reaction level A was visible and used as my point of reference... if this
The first phase of correction... breaking away from this level down will be strong bearish
Confirmation...

7 a strong bullish candle... as was anticipated and it closed above the reaction level of 4...
Market sentiment is still bearish...

8 a strong bear candle with a small rejection... this should be a good spot for scout deployment
but respecting the reaction level of 4... followed by another bull candle... after this time... my
sentiment changed to neutral...

9 a bull candle and followed by a strong bear candle – rejected and bounced back down from the
Resistance level from 1,2 & 3 area... after strong bear run now my sentiment is back to bearish...
But when to enter...

10 a bull candle and followed a doji... looking a good price for scout to be deployed...

11 a bear candle, after it went up and stalled for at least a minute before it went back down... i
Immediately deployed scout... and a good bear candle followed...

12 a strong presence of bulls was noted...
13 a very long bull candle... it went against me... but i noticed that it’s reacting and respecting the
Resistance level of 1,2,3 and 9... not unless this level will be broken with a good momentum and
Volatility... my sentiment is still bearish considering a good strong run from 9 to 10... but still bulls
Presence cannot be ignore...

14 another try for bulls to break-away but yet another failure... entered level 2 attack... although it
A surprise for me to see a strong candle jerk followed... but since it didn’t make a new high my
Sentiment is still bearish...

15 and so the market proved my sentiment is correct...

16 entered Level 3

17 bearish inside candle

18 a very strong bearish candle after a long bearish doji ... almost makes my confirmation for a run-
Away... but we’ll need to be nimble...

in my way of trading, it's not much of candle stick formation or pattern reading anymore...

my approach now is more on feeling the market... candle per candle... i feel the candle, watch it as it moves and jerks... as it's being rejected and sometimes made a run-away...

as i am watching my lady revealing things for me... i am also having sentiment (looking for confirmation of 'feel') of each candle's bullishness or bearishness or neutralness (if there's such a word - neutralness

but kidding aside... this helps me have a good grounding calls...

but of course... always trade with trend... this is my key for survival...

And here's the rest of the battle's foot print...

---------

@ islandorange...
pm me your email addy and i will try to send it to you... peace!

scout deployed @ 3771...

price went againts me...

deployed L2 @ 3781 x3... price about to go to my direction

... now i have a bearish sentiment....

first stop is 3744...

first leg-test by bulls, but instantly rejected by bears... this confirms my bearish sentiment...

woooah!!! WTF!!! where did it come from

now my troops are underwater... darn! now, eyeing an area for possible
rescue ops... we'll see...

... i'm against the trend... i know now... looking for good area to deploy quick rescue if not... to unload some of my exposures... or kill them all perhaps... we'll see in a moment

rescue deployed 3820 x 8

hey kabayan!

were you able to rescue troops?

Morning Mate

Glad to see u r back from your "sabbatical leave" to enlightened us with your trading wisdom again

U have been missed by all your supporter/follower

Keep them coming Eddy

Let's Rock the PipCity!!!


Pip Well
Philip

Thank you very much for another trade in your thread with your charts and comments.
I hope you brought home all your boys.
Happy trading Sir.

KR

i have small disaster last night... as my regular platform account frozen... it was a big drama between me and my broker...

but it's been resolve this morning when they apologizes and crediting me back all losses incurred during those technical problems they had...

the reason why i wasn't able to focus on my mini account... i had a big loss though, but manageable... -256pips


just imagine if this happens to you with 6 large position... thinking for a hit and run... but when all your positions are winning and keep on advancing all of sudden everything freezes

here's a screen shot...

Hey Philip,

How's doing with you buddy? thanks for a consoling welcome

yep we'll see each other again here often..

@ erap...

sadly but nope, i took -256 pips... because of some drama happened last night...

regards
eddy

currently feeling the market... deployed scout and checker @ 3813 & 3816 level... it's nearing strong resistance at 3826...

expecting to go down... but my feel still bullish but just a quick pips south bound...

here they come

.. so how's the long postion trader feels now...

i expect them to cash their longs and will trigger bears momentum!!!

just what i thought so... but still nimbleness is the key for survival...

...now bulls are trying to push it back up... but it's more likely to invite an lure bears... and soon it will just have a bearish orderflow...

let's be nimble... dance!!!

... if this will continue south... the next resistance will be the boxed area... no need to exit but just observe..

,... will it continue... rejected... or what... you do the pulse!!