Dax approaching this 13,000 service level. Below it I have S1 as potentially strong support at 12,970.
....both gone, so today S2 @ 12,910, 900 having been a strong support level for the past two months or so.
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Dax approaching this 13,000 service level. Below it I have S1 as potentially strong support at 12,970.
....both gone, so today S2 @ 12,910, 900 having been a strong support level for the past two months or so.
Ger30Dec (m15)
within 4th(3rd wave) alias third wave (123 45 of bull market)
(inside an AbC correction)
alias ... inside the 4th one (5(b5) 's) ... (TP 13015)
awaiting the 5th one @13015 (TP 13230)
(second wave : a(c) @ 13230 ... wait notice)
P.S.
maybe ...
The next trade. The explanation is in the film. I really like these types of trades, where is fresh arrangement, where to put SL. Risk management is the most imporant in gambling.
I shorted the spontaneous move down. I took the brief, because yesterday we closed near the low. I researched these days I discovered the next day from around 80% fractures the low of the previous afternoon, which closed near the low. Then I shorted again at 9:08 and took a loss. Overall I am 10 USD
GER30_04_MAY_2018
https://www.tradingview.com/x/ZXblYrCu/
I will share one thing with you though, and I have written about it earlier, so I will be brief.
There's a major plogical defect which appears to exist is all people which is the number one reason why we all lose until we have worked out exactly what it is.
I wonder if anyone knows exactly what it is?
Perhaps I will leave it with you over the weekend.
In fact, it's rather difficult to explain, so without going and searching for my prior post on it which I presume was on my trader's academy thread, I will need to compose it a bit.
Any opinions though are more than welcome. Why is it that people lose consistently until we find out all the ins and outs of the game along with the inadequacies of our brain, that's if we find it out in any way?
15/20/30 doesn't make all that difference actually, and I only use sub one moment to nail the entry anyway. I have said before, that for people new to trading that want to get as much expertise actually putting on transactions since they are able to the smallest time frames are the way to go, since you get a lot more opportunities. No point sitting seeing a chart all day trades. Furthermore, in case you have a small account, as I did when I started, one has no option but to trade the smaller tfs.
Yet another thing, people believe that say a ten second time period is unreadable, but it isn't, provided one uses the right moving averages, since it is these which give it structure. My ma setup is the one thing I can't and would not share though, not since it contains the magic bullet or anything like this, but because it is mine and has taken several years to develop. This is one thing I find so many new, relatively inexperienced traders don't understand, that any system must evolve with the trader so that in reality there's absolutely no system in any way, only knowledge gained. I simply don't believe that anyone can pick something up claimed by somebody else to be a money making egy, and earn money with it without actually making it their own. This does not exist in the trading world, or should it, then I have never come across it.
Enjoy a great weekend.
Taking a Look at the 30 sec chart, things seem cleaner, at least now
Will keep an eye on it and try to find out, this Is Most Likely one of the biggest money losers for wannabies
Happy weekend
Not too much the Dow as having a very good idea of where the probably SR levels are, in any market. Crucial knowledge to have, because one's trading can be based around it.
I am impressed, you understand your Dow
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