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" I will follow my rules, I will take my stops, I will be disciplined and i will work with the market....NOT AGAINST IT! Professional mind control is the key"
" I will follow my rules, I will take my stops, I will be disciplined and i will work with the market....NOT AGAINST IT! Professional mind control is the key"
@greenr your posts are very helpful to me. One of my problems has always been over-weighting the probability of breakouts. I think because when they happen they make such a big impression I am pre-disposed to expect them more often than they happen. This causes me to have difficulty fading value extremes - something that you have demonstrated effectively again and again in this thread. Its a good example for me.
So far today I went with the open-drive and got out when price stalled. I then tried to buy the down move all the way to the bottom. I managed risk well so I controlled my losses but I just couldn't get myself to short. My saving grace has been buying the retest of yesterday's high and holding for a breakout (yes, once in a while they do happen ).
I'm watching this - not sure we will retest the highs today but we may pick up speed to the downside in which case I'd look for a good reference for a short opportunity. Otherwise I may be done until the last hour...
I'll post a chart - just to have a pretty picture.
Seek freedom and become captive of your desires. Seek discipline and find your liberty. - Frank Herbert
He said most professional do this because its the best way to apprach the markets this way
So..........ill do a drawing to make things easier
So what he said was, its more efficent and logical to take profit at major resistance......then if it breaks out with conviction. You then re buy.....if not you sell the highs and target the major lows doing the same thing
Aparently this is how most professional fund managers opperate
" I will follow my rules, I will take my stops, I will be disciplined and i will work with the market....NOT AGAINST IT! Professional mind control is the key"
hi
what does this cumulative delta on ask vs bid indicate from yesterday. Its a huge buying increase outpacing the price.
The spike happened yesterday, the 29th
What does this tell you ? anything ?
(I Tried to sell ETH vwap on the open, it was falling and looked like a nice location. I failed to set my alarm for news and i ended up taking a small stop)
Swing 1.1 short
Off yesterdays ETH vwap VAH`s, todays DVAH`s and yesterdays TPO VAH`s
Tried to add when it came back up, but didnt get filled
" I will follow my rules, I will take my stops, I will be disciplined and i will work with the market....NOT AGAINST IT! Professional mind control is the key"
Perfect place to add here, i was to slow and didnt get filled
Pretty wippy active markets here
" I will follow my rules, I will take my stops, I will be disciplined and i will work with the market....NOT AGAINST IT! Professional mind control is the key"
Just saw some good volume come in here, could be a reversal point
" I will follow my rules, I will take my stops, I will be disciplined and i will work with the market....NOT AGAINST IT! Professional mind control is the key"
I actually had a but limit at yesterdays LOD but we just couldnt make it down there with buyers absorbing price
Got 2 scale out, will most likley target the mean now
If we cant hold inside the developing value i will take b/e on my runner
" I will follow my rules, I will take my stops, I will be disciplined and i will work with the market....NOT AGAINST IT! Professional mind control is the key"
).