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- corrman replied Oct 21, 2020
My logic here was flawed and I got stopped. The problem is that the current leg is down, but not just down on a pullback in an up leg. It's a larger correction that wasn't going to just bounce back up and continue. A down leg this large has momentum ...
- corrman replied Oct 21, 2020
Pressure on the correlations coming from everywhere, swiss green bar, as well as uc, uj, and prior bar on ej ended with tail on top and gu looking a bit lower, but will any of them follow thru? That's the question. They may be either in a pullback ...
- corrman replied Oct 21, 2020
I'm waiting for this little 2xb on the 5m to shake out. I'm only long 1k to keep me watching. I wanna see a dip to 1840 and a bounce back up and then I'll enter with size. I like how it is attempting to cause current longs some angst at the moment. ...
- corrman replied Oct 21, 2020
It began this current move following the red line, up then down a little, which I shorted but only got a scalp. Then as it intersected the orange line, it took that one up to prior highs here now at 5am ET to the level of the high of last week, the ...
- corrman replied Oct 15, 2020
I used to agree with that. Now I think that the big money just goes in and makes a big wave and doesn't care much for what came before or what comes after. But that move, usually a spike or a steep, tight channel comes and goes. I think after the ...
- corrman replied Oct 15, 2020
Fear and greed get in the way of rational thought. Trading patterns suggests rules, yet rules require rational thought to follow a plan. It took me years to eliminate my dopamine reaction to fear and greed in order to be able to think clearly with ...
- corrman replied Oct 15, 2020
Even if it is random, there are still patterns in it and they are identifiable and if large enough, then can be traded, add to that the correlation with other pairs and you have yourself a market that can be traded and I profit from it. I'm done ...
- corrman replied Oct 15, 2020
The larger time frame follow thru or failures have more space to trade the leg or wave that is the resolution of the pattern. The fact that we see the same patterns is what gives us any chance at all.
- corrman replied Oct 14, 2020
It seems random. I can't explain why I think it isn't without sounding like I know more than any one else, which I know is rather unattractive and I've seen that a lot so I know.... I just have an understanding of it now, like a big picture view and ...
- corrman replied Oct 14, 2020
image trying the insert chart again here...
- corrman replied Oct 14, 2020
I traded today, didn't make much and got impatient with lack of follow thru, but there are plenty of reasons why EU was stagnant at my trade points. So there was a large leg up from a base. I took that as the large move that may continue. Then there ...
- corrman replied Oct 14, 2020
This is a massively click-baity thread title. It got a lot of attention for sure. Big money figures get big attention. Random it is NOT. It is all correlated and I get it now. It's not easy and it requires focus and determination and grit and ...
- corrman replied Oct 14, 2020
I want in again here badly, but I can't get myself to do it. Us market retreated from highs, but this large red bar on 5m is freaking me out, even tho it only pulled back to a higher low.... I guess after 2 1/2 hours of work for $4, I feel kind of ...
- corrman replied Oct 14, 2020
I have that down trend line on my chart too. After the close at high, I went long 2x & then added on each of the dips, but there were 3 and so I was getting impatient with it and added for a total of 5 entries, so as it resumed small up move, I ...
- corrman replied Oct 14, 2020
the close on high 5m bar was nice, I'm in just over it, I wanted a pullback to add, but it didn't happen so I had to chase it up and so added over it, but now I only have 2 of 3 partial lots in. Some pullback here to 1758 would be nice to add to my ...
- corrman replied Oct 14, 2020
I like the 2-leg pull back here and so entering long in
- corrman replied Sep 9, 2020
Here's my exit point showing correlation of EU failing to positively respond to dip in UJ and then UJ looking a bit more bullish on this small time frame, so I killed EU long. image
- corrman replied Sep 9, 2020
I'm out; killed it on the failure to respond the the pullback on UJ, it should've gone up at that point, so as UJ resumed a little more move up, EU was going to have more pressure; also, 11:30am ET is London close and it was getting choppy without ...
- corrman replied Sep 9, 2020
image on the trading platform, it didn't pull back enough times for me to get my 3rd add in, not sure how much longer I'll stay in this since it's my rule to exit around this time of day.