Bride of If You Can Draw A Straight Line

Discussion in 'Journals' started by dbphoenix, Oct 28, 2013.

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  1. Redneck

    Redneck

    This is a rhetorical post - meant to get the folks trying - head's screwed on straight;

    ==================

    Reading a book

    Listening to a talk radio (eg; Orsen Wells, War of the Worlds)

    Sharing stories with family/ friends at a camp fire/ hunting lodge

    Attending a play or opera

    All involve stories (information transfer) where the listener/ reader/ spectator must internalize the information then extrapolate out the actions & behavior of the characters

    It is the exact same viewing a chart – two characters – two action the characters can take...(not counting standing pat)

    One action supports that character’s intent – the second action supports the opposite character’s intent

    Keep this stuff simple… keep any part of you out of it… read…, decipher… act upon – only what is right in front of you


    And never…, under any circumstances – insert any part of you – up to and including your thoughts/ opinions/ expectations

    ========================

    Trading is not about you (or me) it is only about what is occurring on the chart..., and how you (or me) can position our self to exploit it... WHILE... keeping our risk to do so - small


    If you find yourself using words..., phrases... or having thoughts that include "I"

    Likely as not you're headed down the wrong thought process

    Get your ass out of the action immediately and become an observer (only of what IS ON the chart)

    Food for thought :)

    RN
     
    #191     Nov 3, 2013
  2. Hooti

    Hooti

    top of the channel
    and top of the morning to you, Mr Bimmer!
     
    #192     Nov 4, 2013
  3. That's why I do not make predictions. Just an interested observer! Have a great day Hooti!
     
    #193     Nov 4, 2013
  4. niko

    niko

    Good advice. Thanks.
     
    #194     Nov 4, 2013
  5. niko

    niko

    5 minutes to the open and my first level of interest is 392, if we reverse there then 80 cant be forgotten.
     
    #195     Nov 4, 2013
  6. niko

    niko

    9:34 Buyers at 80, SL in trouble.
    9:36 LL, SL fanned
    9:43 LL, SL fanned
    9:47 LL, SL fanned

    Anyone pyramiding this?

    Does anyone see something of importance above 60?

    9:54 SL broken, waiting for a RET
    9:56 RET
    9:57 Nope, LL, SL fanned.
     
    #196     Nov 4, 2013
  7. llIHeroic

    llIHeroic

    Channel Midpoint
     
    #197     Nov 4, 2013
  8. niko

    niko

    Thanks
     
    #198     Nov 4, 2013
  9. niko

    niko

    10:00 SL in trouble again, and so soon after the LL, not looking promising.
     
    #199     Nov 4, 2013
  10. Hooti

    Hooti

    now my SL is broken

    watching pyramiding, but rarely doing yet
     
    #200     Nov 4, 2013
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