I concur. Now I simply mark out M1, W1 and H1 S/R lines and in doing so reinvent the wheel with those SQN lines, so I damned either way. It is amazing how sequential and repetitive S/R lines are. :-)

Price Action and Trading Discussion

Interesting DarkWolf. They look like Gann Square of Nine lines? While I don't practice the arcane, being a sceptic by nature, the SQN lines were usefully employed in a scalping strategy in a past life. I overcame my psychic urges and decided that ...

Price Action and Trading Discussion

Cheers Chicky I was enjoying your posts. Gonna miss ya! Best of luck and don't be a stranger :-)

Think and Grow Rich by Trading

A bit of light relief. Note the words relief. This would have sorted out a few sailing too close to the shoreline. This is where traders can lose an eye. It reminds me of a checkup at the General Practitioners/ Proctologist. :-) image

Diversified Trend Trading Approach

Nice Chicky I was watching pro-tennis on the TV last night and watched a player mentally fall apart from a failed mindset. This is common and particularly evident in all types of endeavour. While both tennis players were highly skilled and practiced ...

Think and Grow Rich by Trading

Where do you leave the wife, 4 kids and 3 pets? I need help I think. Superb photography. A man of many skills I think. Keep them coming please so I can live the dream. :-)

Another Day, Another Chair, Another Day in the Office

I think I left the iron on at home though. Nice pic's. I am quite envious.....as you might have guessed. :-)

Another Day, Another Chair, Another Day in the Office

....sorry Houston, pressing matters to attend to. Waiting for New Zealand to open. /tic :-)

Another Day, Another Chair, Another Day in the Office

Much obliged kind Sir. :-)

Just Another Turtle Trading Journal

I love positive thinkers.........they taste nice. "Hannibal Lecter".

Think and Grow Rich by Trading

The Power of Positive Thinking :-) image

Think and Grow Rich by Trading

I am going to pin that to my board tunera to constantly remind me. Excellent post. The negative feedback loops associated with a negative mindset can be disastrous for ones mental health. The result is that each negative result you incur is ...

Think and Grow Rich by Trading

Nice Dr P :-)

Think and Grow Rich by Trading

I don't think it is a productive exercise determining whether as retail traders we positively contribute or not to society. The bottom line is that we help to grease the machine and act as economic intermediaries that assist in transferring risk and ...

Think and Grow Rich by Trading

Flatulence......ooops that's not a sense in the strict definition. /tic The 5 sensory cells in humans: Chemoreceptors (taste and smell); Mechanoreceptors (touch, hearing, balance and proprioception); Thermoreceptors (thermal sensitivity); Pain ...

Think and Grow Rich by Trading

I second that :-)

Think and Grow Rich by Trading

Interesting thread Chicky. Thanks for that. The brain is an amazing organ but incredibly powerful in it's trickery. It must be noted that thought itself is a composite result of past experiences with an incredible amount of inbuilt bias built into ...

Think and Grow Rich by Trading

Hi Gareth22 I trade IG markets and variability of spread has long been an issue with them. Having traded with them now for over 10 years there have been times with some short timeframe strategies I have regretted using them as with some CFD ...

IG weekend spreads: have I made a mistake? Spreads 20+!

ANNOUNCEMENT!!!!!!! Adjustment to Approach in Progress I have noticed an emerging bias creeping in to this strategy based on discretionary decision making occurring prior to committing to a trade. I thought I would highlight this bias in this post ...

Diversified Trend Trading Approach

Hi Eod. Thanks for your kind words. With regards to the 40 period Donchian, I ony use this on the H1 timeframe as a quick check device when entering trades to ensure I am on the primary trend breakout. Sorry about the chart pollution but the ...

Diversified Trend Trading Approach