Scalp, scalp, scalp

for those still holding longs next level up is 13355 ,

this is market synce and agreement.

Morning scalp, net 50 pips.

better than me.. asx 200 hopeless

short asx 200 5390.. short cable 3295

hello diceman55...hope trading is going on well....i would have loved to send you a private message...but seems you already disabled it...i do like to ask....something though not about your thread....i saw that you understood the thread "understanding market behaviour"....the operator of the thread first language is not english and its very evident.....but you explained you trade in the same way so, can you throw more light...thanks in advance....

will come back to the posts ,been ill for a few days

Hope nothing too serious. Take care

hi carbonado,

i havnt followed the thread since i posted there,i thought it was going to be more descussion based regarding correlations and market phases ,although it has similarities to interests of mine.

my point regarding my post relates to the various states of phase the market is in at a given moment and the likely continued state.as we know the market for the best part conflicts appears random ,what ever idicator is being used this state will produce a random result.this confliction is easier to determine if one looks at the market more collectively.looking at a group of key currencies you will clearly identify this confliction.THIS CONFLICTION CAN BE TRADED but that is not the essence of your question and the point im trying to make here.

when the market enters into a structured state the rules completly change,this phase is not negotiable by any individuel power ,the market enters this phase as a collective ,the agreement and sync is obvious .this is the phase we should all be trading ,its collective power is vast and cannot be minipulated .

if you have your levels of interest from past data although helpful in our digital map ,they have no signifcence on this moment now.but if you can take a reference on the overall market and measure it you will be able to determine when these phases change from chaotic to collective agreement.you can to a decree measure the the collective range of the over all market.

the fact that the market is in a chaotic phase state most of the time is clear in this journel ,most of my trades are trading that state, ,scalping within this chaotic range.on occasion you will see a clear trade of a hundred pips with add ons ,this is the market phase that ideally should be traded .

i had a heart attack and had an angiogram ,2 stents inserted ,not sure forex is the best convelesence

but i feel reasonably ok just weak

levels into asia and london open

max potentials

hi risingsun,

nice trading ,be nice if you give some background info to your trades ,

look forward to some crackers this week

regards

you must have banked some pips there danc

long position at 26 level

15 min ,

16 pip stop

Only rich will get heart attach lol, the more pains (tears), the more lucks, a Japanese proverb.

Looking back my trade, am uploading the chart again with some backgound comments.

No trade today. A bank holiday here.

i like japenese probervs

stop moved upto 19 _6

take profit set at 84 + 56

Asx 200 short stop 10 points..15 min chart2792

morning ,

mt long last night faded off and took my 7 pip stop ,initially climbing 40 pips but failing to reach its target

teting long at 20 level