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Like a turtle to his balcony...
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Like a turtle to his balcony...

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I think it was "tenacity", not "curiosity", that killed the cat



8:43pm EDIT: I just noticed my stop was 1 tick different than the prior trade. There was something there as structure.


Last edited by GaryD; February 7th, 2013 at 09:44 PM.
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Closed. Chicken. 2:30 is bugging me. But, got back to even. Tomorrow is another day.

A little better than even, but the trade was not what I am looking for.


Last edited by GaryD; February 7th, 2013 at 09:45 PM.
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And fear brought luck with it this afternoon. I will consider adding Chicken Trading as an official part of my arsenal...

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A break below the neckline for H&S short, or a break above what today may have delivered as an RSP for a failed H&S long...


Last edited by GaryD; February 7th, 2013 at 05:35 PM.
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Sent Big Mike a private message going into deeper detail about this thread's name. Not that he would require it, but out of respect. If not for him, we would never have known this community.

We are a generation that has online friends that we may never know outside of the internet. And while the physical side still holds weight, it is becoming less of a dividing line than it was in years past. "Seeing" some familar people here after such a long break was good for my spirit.

"Home again, home again...and you know where that's at." - Richard Brautigan


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And fear brought luck with it this afternoon. I will consider adding Chicken Trading as an official part of my arsenal...

That is just being silly. Really, I know for certain that going into the pit close can be very turbulent, and I realized the trade I was in was good enough for the time of day. Not really "luck". It just as easily could have gone another 50 ticks in my favor, but to me, in that moment, the prior movement of the day said price was broadening, and the potential H&S would keep a lid on any extended move.

Tomorrow, or Monday, could be interesting.

What I want is to train myself to let a trade have more freedom than I once allowed. Or rather, started to allow and then began to think I "knew what I was doing", which leads to trying to "do" something about it...

Hard to explain where I am in trading without sounding somewhat insane. But, who am I to question my own insanity? We all have something we might be concerned would be labeled as such by others... Or if we don't, there is something wrong with us.

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The reason has shifted. I wish I knew more. Similar, but different. Motivation is difficult at best to see. But easier to feel.

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While I noted last night the significance of the pivot by a yellow arrow, the movement up has tried to reverse back down at the 382, then the 50%, and most recently the 618 at 96.57. I have taken one 22 tick long, going in the direction that coincided with the ES breakout, but now am still very aware of the higher timeframe H&S possibility.

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