The magical mystery tour of the divine markets

Hi!

Yes, there are Private Messages (PM) here. For example, if you want to send me PM, go to my profile, click on the "Message" button, fill in the subject and the text of the message and click "Send Message" button. To answer you I can use translit.ru, so you'll get a Russian message.

First few pages were funny... Now your just wasting your time...
It sounds like you're hurt... If you followed someone else's advice and lost, it's your own fault not theirs...

Л/С

Wrong on all counts

Even when it's staring you in the face you refuse to see.

http://charts.mql5.com/4/119/gbpusd-...arkets-ltd.png

See how it pans out. CAD was good btw

"I think something about something (or you, or someone else, or what you have written), and have come to this conclusion therefore"

Do you (mis) INTERPRET, look for MEANING when there is none and draw conclusions (which often serves you well, but not in tarding)......or do you OBSERVE, NOTE and ACT on OBSERVATION of WHAT IS?

Do you see patterns when there are none?

Do you see a 'head and shoulders forming, therefore xyz" or do you just see price going up and down?

Do you see a general market drift upwards and interpret this as an uptrend, when in fact falls from swing highs to lows are sharper and deeper than any upward drift?

Do you see a big green magic bar and INTERPRET that this is a bullish bar, that this means the market is going up and that the market is trending etc etc

Or do you just note that price stopped going down and that from a point of reference in the past, price rose?

Which of the two will help your tarding more?

You certainly can go that way yes: be aware of the price levels it has to bust through to get there but there's a target there for sure.

There's always 2 directions to play it. Just know which one you're doing when and you'll be OK.

OR

Choose one way only and always stick with it - see bull and bear charts above. How many up weeks in a downtrend? How many down weeks in an uptrend?

If you really want to believe in a concept rather than what is happening, fine, no problem with that, we ALL do to some extent, it's in our nature.

See charts above choose a direction to trade and never change it, until you decide otherwise You'll be just as effective doing that as changing your opinion on direction ever other day.

Pick one point of reference and trade away from it.

What reference?

YOU decide, no-one said tarding was easy, it's simple and for idiots but it's definitely not easy.

OK for e.g. This years open, last years high etc. Every one of those places on the chart you see where you think 'I'll put my stop there' is likely to be one of those places.

Price is always moving away from a point of reference:

Some thoughts yeah?

MONDAY, price is moving away from the weekly open (breaking out), don't tell me it isn't so where are you positioned from day traders? From the weekly high/low?? Yeah?


OK, price went up, price then went back down, below the open and is going down, where are you positioned from day traders? The weekly high?? Or somewhere in no-man's land?

So in this example, your reference for up/down is the open and you position from the high or the low???

Is there a trend, remind me again?? Or does price just breakout and when it has finished breaking out, retrace?.

If you're looking to trade a retrace where is your price reference? The open? (NO)

On the first tick EVER of the market did TREND exist?

If traders aim to trade with the trend, how did the market move?

Just random stuff for a random market to randomly open some minds a little.

You already know all this stuff right?

So why aren't you winning???

Yup

If you're looking for something to hold, something else must fold

YUP

Got to draw your own sh1t.

Only way you'll ever understand and get your eyes seeing what is happening.

Ever wonder what might happen if you do the total opposite of what GURUS pupport? Big green bar, long the high, big red bar short the low?

Something HAS to fold