19th... an effort to maintain continuity <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2312806>
Short channel ended with a VE of the intermediate LTL. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2314536>
Back from NYC. Rejuvenated, refreshed, and ready to get back into this thing with gusto. Recently, it had been disheartening to know, with a slow certainty, that I was wandering off the right track. Thank goodness for Deus Es Machina, the extraordinary agent or circumstance. The timely intervention of Spyder's carefuly constructed words and examples set up neon floorlights out of the swamp. But there was nothing new. No 'secret sauce', no ground-breaking technique. Existing information, relabeled, repackaged, and presented in a brisk, accessible, interactive format. Just as the best writers show without telling, the best teachers don't dictate to a captive audience. Spyder showed us that we all (the attending students) already knew this stuff! It wasn't rocket-science. Wasn't metaphysics, either. Simply a case of exploiting the power of the tools we already had. The tools we already knew how to use. It was about appreciating the market as an almost organic entity, with multi-fractal ebbs and flows that unwind and coalesce, but always with a strict order and harmony. Learning to fully utilize volume, and appreciate everything that all the gaussians are telling us. Besides being a unique educational opportunity, it also offered a rare chance to put faces to names, and see the people behind the traders... Spydertrader, Nkhoi, Ireland, Avi8, Munck, WGTrader, Ptunic, Kat007, Tradingbug (curr?), Ehorn, dkm, bi9foot, PVTrader and many others. Looking forward to next time.
Quick hindsight chart for yesterday. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2319316>
Bar 1 entry, followed by two reversals. 2nd reversal very late, as I was waiting for completion of the short sequence... <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2319484>
Didn't acknowledge that a faster sequence was underway and reversed early. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2319551>
Lol... thanks, Nkhoi. I'm much clearer on the importance and the method of discretely monitoring different fractals now, but it feels far from certain or natural. I think this is going to take a LOT of practice and chart review. (p.s. Simming at the moment. Don't intend to go live again until I can monitor accurately and consistently.)
Thanks, Mr Black. Saw the SOC, but thought a faster sequence was underway. Late reversal long. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2319752>