every Saint has a past. Every Sinner has a Future
- #8,842
- Aug 15, 2023 10:48am Aug 15, 2023 10:48am
- Joined Sep 2006 | Status: Trader | 10,702 Posts
every Saint has a past. Every Sinner has a Future
- #8,843
- Aug 15, 2023 11:24am Aug 15, 2023 11:24am
- Joined Sep 2006 | Status: Trader | 10,702 Posts
{quote} We are coming up with some great new trading terminology on the Flying Dutchman, not seen in any trading books. Zeppelins, Bermuda triangles, Franky Flipper
There's also the "Hump Backed Whale" where price starts at a point and later returns to same point/level later on
every Saint has a past. Every Sinner has a Future
- #8,844
- Aug 15, 2023 11:33am Aug 15, 2023 11:33am
- Joined Mar 2023 | Status: Trader | 1,007 Posts
{quote} Levels
without patience how can you be a trader?
- #8,845
- Aug 15, 2023 11:58am Aug 15, 2023 11:58am
- Joined Aug 2006 | Status: Trader | 5,317 Posts
{quote} The evolution of AI{image}
It never gets easier, you just get better
- #8,846
- Edited 12:24pm Aug 15, 2023 12:02pm | Edited 12:24pm
- Joined Aug 2006 | Status: Trader | 5,317 Posts
And India doesn't eat much meat ? But China - wow! {image}
{quote} Levels
The whale or group of whales open vast buy orders at prices above the market, thus setting up a buy wall. These colossal buy orders elevate the price at which orders are executed and trick other traders into increasing their buying prices, too.
It never gets easier, you just get better
- #8,847
- Aug 15, 2023 1:36pm Aug 15, 2023 1:36pm
- Joined Sep 2006 | Status: Trader | 10,702 Posts
{quote} US vs India might be Beef Consumption. Top vs Bottom. India for religious reasons. {quote} There is such a thing. usually very large institutional orders : The whale or group of whales open vast buy orders at prices above the market, thus setting up a buy wall. These colossal buy orders elevate the price at which orders are executed and trick other traders into increasing their buying prices, too.
every Saint has a past. Every Sinner has a Future
- #8,848
- Aug 15, 2023 10:25pm Aug 15, 2023 10:25pm
- Joined Aug 2007 | Status: Trader | 3,199 Posts
PAIN + REFLECTION = PROGRESS
An excerpt from Ray Dalio's book : Principles: Life and Work
"There is no avoiding pain, especially if you’re going after ambitious goals.
Believe it or not, you are lucky to feel that kind of pain if you approach it correctly,
because it is a signal that you need to find solutions so you can progress.
If you can develop a reflexive reaction to psychic pain that causes you to reflect on it rather than avoid it,
it will lead to your rapid learning/evolving.
After seeing how much more effective it is to face the painful realities that are caused by your problems,
mistakes, and weaknesses, I believe you won’t want to operate any other way.
It’s just a matter of getting in the habit of doing it.
Most people have a tough time reflecting when they are in pain and they pay attention to other things when the pain passes,
so they miss out on the reflections that provide the lessons.
If you can reflect well while you’re in pain (which is probably too much to ask), great.
But if you can remember to reflect after it passes, that’s valuable too.
The challenges you face will test and strengthen you.
If you’re not failing, you’re not pushing your limits,
and if you’re not pushing your limits,
you’re not maximizing your potential.
Though this process of pushing your limits, of sometimes failing and sometimes breaking through—
and deriving benefits from both your failures and your successes—is not for everyone,
if it is for you, it can be so thrilling that it becomes addictive.
Life will inevitably bring you such moments, and it’ll be up to you to decide whether you want to go back for more.
If you choose to push through this often painful process of personal evolution,
you will naturally “ascend” to higher and higher levels.
As you climb above the blizzard of things that surrounds you,
you will realize that they seem bigger than they really are when you are seeing them up close;
that most things in life are just “another one of those.”
The higher you ascend, the more effective you become at working with reality to shape outcomes toward your goals.
What once seemed impossibly complex becomes simple.
Master your Mind,,,Master the Market
- #8,850
- Aug 15, 2023 11:49pm Aug 15, 2023 11:49pm
- Joined Aug 2007 | Status: Trader | 3,199 Posts
Hi all, First trade of the week i placed mid London session. I have read a bit of George's thread and concentrated on targets as he mentioned on numerous posts. Lots and lots of patience is required but it is there infront of us. We just need to see it very closely. There are lots of manipulations. I am not sure whether it a great setup or just a good one but it worked well. As usual i was looking for a reversal at RN and at specific time. Other confluences helped. The target this time was marked myself and it was not near a RN. I just wanted to...
Master your Mind,,,Master the Market
- #8,851
- Aug 16, 2023 4:39am Aug 16, 2023 4:39am
- Joined Sep 2006 | Status: Trader | 10,702 Posts
every Saint has a past. Every Sinner has a Future
- #8,852
- Edited 9:47am Aug 16, 2023 4:47am | Edited 9:47am
- Joined Aug 2006 | Status: Trader | 5,317 Posts
It never gets easier, you just get better
- #8,853
- Aug 16, 2023 8:30am Aug 16, 2023 8:30am
- Joined Sep 2006 | Status: Trader | 10,702 Posts
He was shocked when he discovered what "they" had done to his best friend
every Saint has a past. Every Sinner has a Future
- #8,854
- Aug 16, 2023 8:51am Aug 16, 2023 8:51am
- Joined Sep 2006 | Status: Trader | 10,702 Posts
every Saint has a past. Every Sinner has a Future
- #8,855
- Aug 16, 2023 9:25am Aug 16, 2023 9:25am
- Joined Aug 2007 | Status: Trader | 3,199 Posts
Left the box and level coming up {image} {image}
Heres another view T....that may add some food for thought,,,
I did not trade this,,, I did trade US30. which was almost identical
Master your Mind,,,Master the Market
- #8,856
- Aug 16, 2023 9:53am Aug 16, 2023 9:53am
- Joined Aug 2007 | Status: Trader | 3,199 Posts
Couple of US30/DJ30 charts from yesterday and today...showing my setups etc..
Why did I go long yesterday...all based on Stacey Burkes teachings...3 major levels of drop
3 minor levels of drop below Mondays low, clean consolidation below PDL UK and Asia lows
at timing...first hour of US session... second hour opens price breaks structure/consolidation
Target was UK LL's PFH and/or a good George target.
Today I was looking for a 3day reversal...So looking for a BUY LOW opportunity. Mon was a down day
Tues was a down day. The charts lay it out..3 levels of drop from UK high 50/50/50 right into PDL
US first hour 3 pushes into the lows Asia/UK/PDL/weekly and monthly.
9:29 1min(5min) candle engulfs and breaks structure. Enter
Why did I go long yesterday...all based on Stacey Burkes teachings...3 major levels of drop
3 minor levels of drop below Mondays low, clean consolidation below PDL UK and Asia lows
at timing...first hour of US session... second hour opens price breaks structure/consolidation
Target was UK LL's PFH and/or a good George target.
Today I was looking for a 3day reversal...So looking for a BUY LOW opportunity. Mon was a down day
Tues was a down day. The charts lay it out..3 levels of drop from UK high 50/50/50 right into PDL
US first hour 3 pushes into the lows Asia/UK/PDL/weekly and monthly.
9:29 1min(5min) candle engulfs and breaks structure. Enter
Master your Mind,,,Master the Market
- #8,857
- Aug 16, 2023 9:58am Aug 16, 2023 9:58am
- Joined Aug 2006 | Status: Trader | 5,317 Posts
It never gets easier, you just get better
- #8,858
- Aug 16, 2023 10:12am Aug 16, 2023 10:12am
- Joined Nov 2012 | Status: Naked Chart Samurai | 3,474 Posts
Success = Practice + Patience + Persistence
- #8,859
- Aug 16, 2023 10:39am Aug 16, 2023 10:39am
- Joined Sep 2006 | Status: Trader | 10,702 Posts
Cracking Game, Bad Luck Matildas ........................... https://www.plus.fifa.com/en/player/...ryPoint=Slider
every Saint has a past. Every Sinner has a Future
- #8,860
- Aug 16, 2023 10:48am Aug 16, 2023 10:48am
- Joined Sep 2006 | Status: Trader | 10,702 Posts
{quote} Well Done T !
A round up of my trades saw a nice initial long, a short I messed up by letting it come back on me without locking any profit, a long I had sense to get out of OK when pin formed near overhead level ( all drawn pre open on 15 and 5 minute time frames), short closed at pin under level ( price is consolidated between two drawn levels),
Failed Long,Long terminated at pin near level; lastly, a short closed at a loss when candle closed above channel ( a pity since price then drifted down into profit at the close of my session at 4:30pm UK time). With hind sight I could have taken the points on my first trade and buggered off for an ice cream -but when do you stop
( apart from the end of my two hour session)?
every Saint has a past. Every Sinner has a Future