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Koyaanisqatsi Hototo--wldman out of balance
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Koyaanisqatsi Hototo--wldman out of balance

  #71 (permalink)
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bot 30...

so to the 21 net ticks add a 17 a 19 and a 33. 90 ticks gross after a less than stellar start....and then I get to still be angry as I cover the greed lot and BANG..DANG IT!!

All in all I will not be looking for the wing tips or the cuff links anytime soon.

Thank you everyone for stopping by. Please leave comments especially on errors or things I missed.

So, my daughters fish tank is the scene for a horrible crime. Seems the plecotomus has gone carnivore and started to eat the other fish. That makes wldman's little girls cry. The fish live by the same rules as everyone else ...you make my girls cry, I make you cry! Wildman is taking Mr.Carnivore to sleep with the fishes...large mouth bass and northerns. If I get my butt moving now, nobody will even notice.

Have a great day everyone.

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Last edited by wldman; May 23rd, 2012 at 10:31 AM. Reason: add chart
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  #72 (permalink)
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Nice call on direction today, you were right and I was wrong. Hope you made out.

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  #73 (permalink)
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Thanks Mike...


after all that I still managed to miss half the move! I'll show the little carnivore whose boss....going fishing.

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  #74 (permalink)
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The real pain...

today was in not riding the move all the way down. I am satisfied with the homework and all of the execution except covering that last lot short.

How do I fix that and get more out of the extended moves?

Thanks to everyone for stopping by. I hope you will comment, question or call me to task if you see something.

On the fish: My wife said that the girls actually came up with the idea of using their fish as bait before we go on vacation...little wldgirls , just like their daddy!

Lets do it again tomorrow!

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  #75 (permalink)
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wldman View Post
will post a view with the eyeballed items drawn in when I'm done eating a new breakfast....one that is not cold.

Looks like an embarrassing "miss" right out of the box...dang it!

Not sure I understand your "embarrassing" comment. Didn't you observe that the 200 was in your way for a long and you would not participate? Maybe I need to read your comments again but that's what I remember and looking at your chart and knowing how you view the 200 seems you made the right decision even though taking the long would've been a winner.

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  #76 (permalink)
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Hi Mike...


MWinfrey View Post
Not sure I understand your "embarrassing" comment. Didn't you observe that the 200 was in your way for a long and you would not participate? Maybe I need to read your comments again but that's what I remember and looking at your chart and knowing how you view the 200 seems you made the right decision even though taking the long would've been a winner.

thanks for stopping by.

Reference post 41

Embarrassed to have sort of identified the parameters for long side entry and then not taken it when it triggered. At that point while posting it looked like my view was wrong. When I am posting almost real time what you see is me thinking out loud. I had a short bias and was lamenting that I did not want to take the long side trade until there was confirmation above the 200 period. No sooner do I post than it plays out just that way. In that moment it looked like the immediate st trend had won and the price was going higher without me...so that was kind of embarrassing...to have described the set up and not been on the trade when it looked like a continuation up and a good pull back re-entry.

Then 15 minutes later the picture started to change. I did then post the "eyeballed items...a trend line convergence intersecting right in the current price bar(post42) Things where turning pretty fast. Price (KING) in the bollinger ribbon at the intersection of those trend lines.

Now was time to be short. Confirmed in post 46. But then the rumor of sovereign bids at 1.2650. Slight action against and a realized loser. Post 49 the long side was indicated again. With a miss and a little loser I was feeling the need to stay on method and just trade what I see...especially if Asian Banks are bid, right? (post 55)

The long was reasonable and well managed for a net of 42 ticks...but my bias was still that the risk would be tighter long and that the targets should be expanded short...but I was going to take indicated trades and stay on method.

Post 59 shows the slow train finally seeing the channel...channel trend lines "in". i usually do not draw then but thought for posting purposes they are valuable. See how that confluence worked out at the bottom of the channel? bollinger ribbon, 200 period, channel trend...I love that kind of confluence especially when it confirms my bias...lol Then we where in like Flynn as the equilibrium was shattered.

So I guess that is to say, Mike, when you lay it out there and are not ripping well and feeling smart right out of the box it gives you a little reservation.

Does that clear up the emotion "embarrassed" from that post? Just that I wanted to be right and winning. The thought process will always have that type of emotion.

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Good stuff. Enjoying following. I look forward to being the seasoned trader you are some day. I've been consistently profitable for a while, but I'm all over the place... as far as over-trading here, dumb decision there, allow a loss to get to big here, etc.

Anyways, I just say all that to let you know that it's nice to watch you and it gives me something to keep working towards.

All the best

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Won't be hanging around long...

just wan't to print a winner or two.

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Sold 76, first target 60. Be back in a few to talk. DB


Last edited by wldman; May 25th, 2012 at 08:17 AM. Reason: fix typo
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Bot 60, bot 51

leaves the final lot.

This trade type is considered a pull back re-entry because it is triggered without a fresh signal or fresh acci zero line cross.

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Here again, the third lot conundrum. I do think we could trade right back to the 1.2535 area.

However, I have a problem that I will discuss in the next post. For now I am going to profit lock this at 60...there is no target right now until I hear from the proctologist...he's looking for my head.

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Angry greedy bastard...


20 bid for last...filled! Because Scott said I'm nuts and I had no evidence otherwise.

I'm going to want ideas guys...give nme a min.

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