But if you are long from there???
What??? Better be sized right as it's likely to fall a way first + it's bordering on
TOO EXPENSIVE
What??? Better be sized right as it's likely to fall a way first + it's bordering on
TOO EXPENSIVE
The magical mystery tour of the divine markets
- #162
- Edited 9:30am Feb 11, 2014 2:44am | Edited 9:30am
Short
Last night I had a very lengthy conversation with someone about a pair.
He has spent literally 2 years seeing 'things' and developing a method that's so convoluted and complicated that I simply can't fathom it, and neither can anyone else. It's SO simple he says...and yet he just can't explain it to anyone, he draws, he writes and yet no-one understands....because he can't write in coherent sentences and his method of drawing changes every damn time . It's nothing spectacular though, just TA and making drawings. The thing is even though, he says it's all the same thing and yet, every time he presents it, it's completely different. Ring a bell??
He is incredibly successful, online, just like the rest of us. He's in the 5%, like we all are. And he's a GREAT teacher.
His call, after MUCH drawing on the 5 minute chart with little of anything else supporting it apart from a fibo was to go short on a certain currency.
Why? I asked when, if you look slightly, just slightly, further down the chart to what had more recently occured and used exactly the same rules, then it was going up and not down. He'd just decided it was going down and ignored all other factors, so any further drawings didn't matter, because he hadn't drawn them.
His call was short at a certain price area.
Needless to say, price has shot straight through that area by 40 pips...he calls himself a scalper!
No doubt the result chart will not be shown or discussed, or there will be a magical reason based on some PA phenomenon as yet unforetold as to why he didn't enter on that one
Last night I had a very lengthy conversation with someone about a pair.
He has spent literally 2 years seeing 'things' and developing a method that's so convoluted and complicated that I simply can't fathom it, and neither can anyone else. It's SO simple he says...and yet he just can't explain it to anyone, he draws, he writes and yet no-one understands....because he can't write in coherent sentences and his method of drawing changes every damn time . It's nothing spectacular though, just TA and making drawings. The thing is even though, he says it's all the same thing and yet, every time he presents it, it's completely different. Ring a bell??
He is incredibly successful, online, just like the rest of us. He's in the 5%, like we all are. And he's a GREAT teacher.
His call, after MUCH drawing on the 5 minute chart with little of anything else supporting it apart from a fibo was to go short on a certain currency.
Why? I asked when, if you look slightly, just slightly, further down the chart to what had more recently occured and used exactly the same rules, then it was going up and not down. He'd just decided it was going down and ignored all other factors, so any further drawings didn't matter, because he hadn't drawn them.
His call was short at a certain price area.
Needless to say, price has shot straight through that area by 40 pips...he calls himself a scalper!
No doubt the result chart will not be shown or discussed, or there will be a magical reason based on some PA phenomenon as yet unforetold as to why he didn't enter on that one
- #170
- Feb 11, 2014 6:09am Feb 11, 2014 6:09am
- | Joined Nov 2012 | Status: No Impact Member (bottom 1%) | 741 Posts
A stale wind bloweth o’er the land.
Bringeth death and decay. No more laughter. No more joy.
The stars groweth dim, the sun doth not shine.
Man the cause of it all.
Take mine hand and lift me high. O’er the shadow in this land. My plea to Thee, smite them down. Break this curse of man’s demise.
Up from weekly demand using the H1 demand stairs?
Bringeth death and decay. No more laughter. No more joy.
The stars groweth dim, the sun doth not shine.
Man the cause of it all.
Take mine hand and lift me high. O’er the shadow in this land. My plea to Thee, smite them down. Break this curse of man’s demise.
Up from weekly demand using the H1 demand stairs?
You can have freedom too - the freedom to stare at your screen 24/7 looking for 'setups' and then cursing when you miss them by a pip or two: you went for a pee, damn missed it, you answered the phone, again goddamit! You fell asleep at 3AM arghhh!
Then you found the ideal 'setup' hit the trigger button with your tight stop and 1% risk and...lost 1%, and then lost 1% again, and then won 0.5% and then lost 1% and then won 2% and then lost 1% and lost 1% and lost 1% and then, here it comes it's up 4% I'll move my stop to b/e and let it ride and won 0%.
No, not really, of course, like the 95% you actually won 30%......what? A 30% reduction in life?
Wasn't work easier??? And more profitable??? And more fun???
Meanwhile, you could have made 8U by looking at the screen about 4 times and taking entries...'about there, seems kind of right'
Then you found the ideal 'setup' hit the trigger button with your tight stop and 1% risk and...lost 1%, and then lost 1% again, and then won 0.5% and then lost 1% and then won 2% and then lost 1% and lost 1% and lost 1% and then, here it comes it's up 4% I'll move my stop to b/e and let it ride and won 0%.
No, not really, of course, like the 95% you actually won 30%......what? A 30% reduction in life?
Wasn't work easier??? And more profitable??? And more fun???
Meanwhile, you could have made 8U by looking at the screen about 4 times and taking entries...'about there, seems kind of right'