Coolweb from almost 3yrs ago, proclaiming he is the master of price action: http://www.elitetrader.com/vb/showt...9396&highlight=master+price+action#post969396 Do you think someone who was a price action master 3 yrs ago cannot find a single trade today?
Coolweb, I wish you the best. Honestly I do. I am only giving you a hard time because I think your ego is in your way. I think you have some good ideas but your cockiness level is definitely a barrier for you. If 3 yrs after being the master of price action has you here today unable to find a single trade, that should say something to you. Keep working!
Its SCHOOL TIME! 1) Heres your problem, you are out to find that trade. I'm here to sit and wait for very high reward , low risk , setups. 2) high reward setups (produced by instutional buying) isn't going to happen in 1 day, A pattern takes 1-3 days (8 or 18 - 60 minute sessions) to setup, and it produces a high quality reward that lasts for 2-3 days. 3) Lots of traders look for setups that are setup within 3 minutes, guess what its only valid for 3-4 minutes. And most of them fail. <b> Waste of my time and energy.</b> --------- ps. When I trade long term, all setups takes around 4 months to setup, thats around 16 weeks. each setup will reward at least 3 months (12 weeks) of continous profit. After that I will close the position out. and not wait for more profits. Reason why? Cause then its not predictable price action.
Good luck coolweb. Speaking of Journals, I remember another Journal of yours where you said you were going to do a lot of shit, but you never took a trade either. A short time after that Journal you disappered for a while. But you've been talking so much trash about Anekedoten I sincerely hope you trade like you're a "big time playa", otherwise you will have set yourself up to be the biggest laughing stock on ET since, well, since anyone that I can remember. :eek:
No trades this week. No trades today None Tomorrow (thanksgiving) And None Friday Monday or Tuesday is $$$. for long. ps. I traded this monday already.
my post is lagged gld short 80.27 stop 80.29 damn reply verificaiton shit, timestamp should eb the same time i entered dzz or earlier I got some preview reply bullshit as well didn't see it