My trading rules **to be simplified even further later
1. Follow the Daily candle trend
2. Near term momentum analysis
3. Trend direction:
North when PA faces north
South when PA faces south
4. General skew in attack mode: 1-1-1 (in snowballing mode)
5. Rescue: 1-1-2 with wide spacing...this is a daily strategy
6. On reversal: Flip
7. Congestion strategy: Single trade
8. Trend strategy: Attack skew
Mindset Therapy
1. News are meaningless. PA is all.
2. Never against 1W trend
3. All is in the chart
4. No predictions
5. No emotional trading
6. Pure discretionary PA trading
7. All decision made with Newton law in mind
8. No stop ever!
and
9. Use the brain. No mechanical trading.
Others
1. DOW theory for trend
2. Simple Elliot as per fti's teachings.
3. TD/S&R to help visualization only
4. Eye on the 1D direction
5. Fundamentals and other economical/political lies are also considered.
What is this all about?
Seeking for a way to sharpen the trend analysis knife and to trade while holding a full time job.
Since the market is fractal, I believe that these ideas can be easily translated to lower time frame.
However, the emotional level and the trading sizes must be changed to avoid a broken book.
1. Follow the Daily candle trend
2. Near term momentum analysis
3. Trend direction:
North when PA faces north
South when PA faces south
4. General skew in attack mode: 1-1-1 (in snowballing mode)
5. Rescue: 1-1-2 with wide spacing...this is a daily strategy
6. On reversal: Flip
7. Congestion strategy: Single trade
8. Trend strategy: Attack skew
Mindset Therapy
1. News are meaningless. PA is all.
2. Never against 1W trend
3. All is in the chart
4. No predictions
5. No emotional trading
6. Pure discretionary PA trading
7. All decision made with Newton law in mind
8. No stop ever!
and
9. Use the brain. No mechanical trading.
Others
1. DOW theory for trend
2. Simple Elliot as per fti's teachings.
3. TD/S&R to help visualization only
4. Eye on the 1D direction
5. Fundamentals and other economical/political lies are also considered.
What is this all about?
Seeking for a way to sharpen the trend analysis knife and to trade while holding a full time job.
Since the market is fractal, I believe that these ideas can be easily translated to lower time frame.
However, the emotional level and the trading sizes must be changed to avoid a broken book.
Empty as water and soft as a facing wind mountain