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The magical mystery tour of the divine markets

image now look at EU today familiar??

The magical mystery tour of the divine markets

Even if you did take the earlier short and can't read PA for sh1t...NO WORRIES. You WERE sized correctly with your previous gains, risking only 1R well out of harm's way weren't you?? If not...sorry can't help you. Go to the front of the queue and ...

The magical mystery tour of the divine markets

Cats didn't agree either But you should still be considering shorts.

The magical mystery tour of the divine markets

I did say it was all nicked. I'm copying at least 4 of the donkeys off there who've only nicked it from somewhere else anyway. We've all seen it before, for decades. Good old Charlie Dow. For those who have only just seen it, the blind leading the ...

The magical mystery tour of the divine markets

Stale Wind once again farts in your general direction

The magical mystery tour of the divine markets

Any clearer?

The magical mystery tour of the divine markets

Of interest, but as you see, no PA screaming go short. NONE.

The magical mystery tour of the divine markets

It's much more than outstanding. Realistically even 50% per year is OUTSTANDING. Plus, if you are trading larger amounts and need to split your orders, with an 'about here' approach you can.

The magical mystery tour of the divine markets

You need an idea of when to exit. If you do not price will usually come back and bite you. It is more usual for price to retrace than to move 140 pips in one direction without pause. Buying back when cheaper requires a different mindset to 'punt and ...

The magical mystery tour of the divine markets

YES

The one reason that trumps all other reasons why traders lose

GU done another 30, hey you can't win 'em all..but if you don't take profit, at some point you will have it taken away, plus you can't resize and get back in later. It's not about hitting home runs.

The magical mystery tour of the divine markets

A bird in the hand is worth 2 in the bush

The magical mystery tour of the divine markets

Post 201 - purely discretionary. Trade 1 was 1R risk. Trade 2 was 1R risk still with 1R injected into the stop i.e. stop was in the same place: same position size (why this and why not increase size - shallow pullback meant it wasn't really optimum ...

The magical mystery tour of the divine markets

Yeah - the daily zone, not the newly formed hourly one, put it there and you're asking for trouble. Put your stop where price has already proven where it does not want to be, out of harms way, outside of the current range.

The magical mystery tour of the divine markets

OK. A little about reality again. Compound interest. Trade explorers. £000% gains b0110cks TINY accounts If I scalp I can sit at my screen 24/7, have no life at all and make a fortune....NO YOU WON'T, you'll go bust and make your broker a fortune. ...

The magical mystery tour of the divine markets

I tend to not bothered with much below M15: that's more to see b/o zones for H1 and more likely to be when looking @ re-entry areas. Draw a line 'about here'. Re: mechanical and combining bars, you can be mechanical up to a point. If purely ...

The magical mystery tour of the divine markets

It's all guessing - 'about here' is about as close as you can get. What will make your call even more valid is a minimum of, say, 1 H4 bar closing up but price still remaining below your level. Because this tells you...what??? So you've got time to ...

The magical mystery tour of the divine markets

image image Stale Wind bending time allows us to make sense of the market Unfortunately, as Stale Wind is still based on broker bullshit bars it isn't 100%. H4 charts are just a quick shorthand to prevent thinking. On H4 look for combinations, ...

The magical mystery tour of the divine markets

Looking good The other thing: know where you'd want to be long from & determine if your price is too cheap to sell. Market is always stuck in a range somewhere, you just need to find one big enough to trade. The other thing - I'd want to ...

The magical mystery tour of the divine markets