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Axioms
Break out trading and price action trading is incompatible.

Break out trading needs some kind of data about amount of orders on either side of the fence.

Price action trading only needs the charts.

Trading on intution/inspiration is semi compatible with other approaches.

Trading on intution/inspiration is synanymous and/or hard to difrentiate from trading on experience and/or pattern recognition.

Ah thats some nice numbers.

Steps towards intuitive trading
My plan is to get a few % of profit on this account some time in august when i have ample time for trading. After that i will make a new thread called "Intuitive trading" or something like that. The reason for this is that i realised what i do when i get constant profits like the last two days i have traded, that is only partially something technical that i can explain. And that part is not enough. The other part is something in the field of intuition/pattern recognition/divine guidance/connecting to the subconsious or just plain "reading the market". Which term you want to use depends on who you are.

As a pretext for this let me try to explain what i do when i trade well:

 

1. I mark areas where i think people with a lot a money are interested in.
2. I look at price and i look for a specific condition: When the current candle gets lower then the lowest point of the candle before it thats a sell indication, when the current candle gets higher then the candle before it that is a buy indication.
3. I feel price and refrain from acting if it doesnt feel "right".
4. If i enter the position i hold it until it doesnt feel right any more.

1 and 2 are technically definable. 3 and 4 i cant currently define technically. I realise what i really trade is tick scale because thats the only thing there is. Often i can "see" or "feel" the change in attitude when i look at how price move on the tick scale. While i do this whole process i CANT think. If i start to think, the whole process stops and everything turns to shit.

It took me many years to realise this, so if you are in any way interested in what i have to say, remember that. If somebody would have explained this to me earlier, that would have saved me a lot of work. But maybe noone could have told me that. But im telling you this now: I honestly dont know a way to CALCULATE how to trade.

I do have a stoploss and a take profit but when i trade well like i explained above, i dont use them, they are mostly there only if i lost connection to my broker.

A friend of mine explained what i do when i trade well: Its a SKILL. Sort of like playing hockey or driving or martial arts: You cant CALCULATE what to do, you need to just KNOW, FEEL what to do.

intuitive trading, astrological trading, quantitative trading whatever you are good at, man, whatever works for you. trading is an art and the trader is the artist. you create your masterpiece whatever the way you like to. it is a business of nobody else

Yeah i like that. Take nunix for an example, really good at it.

http://www.forexfactory.com/nunix

I just CANT do it her way. I have tried. But i CAN do it my way.

she is a well disciplined trader, one of the most important qualities many traders lack.

hmm, she seems to be influenced much by Pipeasy, just by looking at her bio, not to mention her subscription.

i talked about pipeasy and his millipede thread, but you didn't seem to be convinced.

if i tell you, you can do the same, what do you think?

No i cant. Tried it for years.
Maybe i will try it again when i get a bit older.
Meanwhile Peter Tosh will speak for me:

Pipeasy would change his bias on a 10 week basis or so. Nunix change hers on a 1 or 2 day basis. So maybe the basic thinking for them is alike, but they dont trade alike.

Hi yaed,

Maybe u can try to make small changes like just keeping one of your many positions at BE + spread. And if that position manage to survive u can just continue with trade management like TS or just leave it open till the week ends. If the millipede position manages to survive, great. The pips yielded will be large enough to compensate for some of your losses or even might be something substantial. Then your mind will start to tell u something different and u start to understand what is pipeasy saying and how pipeasy does it. And if it doesn't work, its alright as its just one of your many positions anyway. Just my humble ignorant advice. Pls ignore if its not applicable, thanks.
Best Regards,
LearnAlways

Monday i will trade afternoon, tuesday i will trade all day.
Im mulling over friday:

I have everything i need in terms of opurtunity and skill to make a good buck out of this today, and tomorrow.

Im thinking i MIGHT hold these positions overnight since i CAN look at them now that i have the time.
But i AM looking at selling and i dont want to buy, as it is now at least.

The aim is a TP of 30 pip or so.
Or 15 is cool if they come with a safe RR.

This is if it happens TODAY.

Well about this...
See 15 is pretty cool as well. According to the last low see?
However, there IS of course the "What if below the last low" kind of scenario. I which case we might look at quite a lot downwards. 20 would not be strange. 30 would mean there is quite a lot of sellers eh? 50 would mean there is a SHITLOAD of people selling. More then 80 today below would have some kind of fundamental ramifications. 200 means the ATM card might not work tomorrow and there might be "EXTRA" bank holidays in some parts of europe.