The pool, grids, martingale and hedge re-visit!

"My system is a grid built backwards: the market constructs it, not me setting some artificial and rigid trades orders. there are gaps in some places, and tightly spawn net in others(on one side, typically). One day, it may be all traded between the pool edges, or it may never. it doesn't matter! As long as i trade where there's mucho volatility against my exposures, i win!"

Above are Sympatico's words from next door trade wich played around in my head for many years, i got lot of collection of his "quote/s" too. the i dea is i will study them all and try to understand or rather intrepreted my way.

The ideas that I trade by:

Body in the direction of profit, wick in the direction of loss; if price is closing higher than something
then it is probably not going lower. -MO

S/R is a line that price may cross as long as it is home in time for dinner.-MO

There is only ONE highest high or lowest low & price will move a hundred or hundreds of pips from one (daily+)
extreme to the other (if this is so then what is stopping you from making hundreds of pips?) -MO

A Zero-Line is the idea that if you can see loss then you can see profit. -MO

Anything beyond a scalp and you are waiting for a range expansion (time &/or price); since this is statistical, the
focus must shift from candles to a gamble that price will indeed expand to completion in the desired direction. -MO

In order of importance: SPACE, VALUE, PIPS.
Space contains initial risk, value is position sizing, & a pip is only as valuable as space + value. -MO

Trading is about comparisons, ideas, space manipulation/money management, and taking action. -MO


"Now, 2 patterns of market behavior happen on a regular basis:
1) the price breaks to new high's (or low's)
2) the price reverses from new high's (or low's)
They happen regardless of time frame (with the obvious limitations explained above)
They are phenomena that can be exploited without the fear if found out by others, that they might cease to exist." - H.Rearden


"Price is the same on all time frames" - The Rumpled One (bothered the $#!@ out of me until I finally accepted it)


"Trading is guessing, if it wasn't then why would you need to (limit your risk)" - The Rumpled One


"What would you do if you knew that you could not fail?" Robert H. Schuller
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i think i do understand or ... may be not ?

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"You will do well if you understand that it is only the momo at the high and low (EXTREMES) that matter.
After you spot the momo you are simply trading away from a line."

" the best entry on a chart is a candles wick; target trades from higher TF extremes
e) price travels hundreds of pips per week & with a positional advantage (wicks) you can ....."

1-where are we?
2-where are we going?

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price all the same on any timeframe, TRO

ok better go back my school of supply and demand, i love ig markets LOL

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ok i try to understand this

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keep on learning


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trading diary for few weeks back improved, this $#!t must be working.

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oneday ill get this ! and dont be suprise if trade $100/pip, for now im trading 1 cent, i know its like masturbating

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if im positioning a trade at the green arrow/wick with full margin i dont think it will cause much damage to my account but if i were scalper to bet 1 dollar/point and the spread 25 point a shot=25 dollar, nah....

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boxes behave just like any candle or price indicator, its create formations and pattern AKA trend setter.

the focus for entry on any time frame using the original candle and all that pattern sets up etc.. highly recommended.

this is 5 minute chart, 1 box = 15 minute chart

plan a: to accumulate positions before price crossed the line

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