Back to the Future – My Freewheeling Journal -
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thread: Back to the Future – My Freewheeling Journal

  1. #131
    Senior Member jaulest's Avatar
    515
    Disputable or indisputable,
    subjective or objective,
    premise or verifiion,
    interpretation or reality...

    We surely act on ?prejudice?...
    but -- if we wish to live on the market - we need to conform on ?confirmation?.
    Obey is the verb. Imperative.

    Whether asked if the market was going up or down, the overdue J.P. Morgan responded: ?Young man, I believe that the market will change.
    (R. Wyckoff - Stock Market Technique Number One)

    So... Take a pen and a piece of paper and write The Question (capital letters): ?The best way to profit from oscillations??

  2. #132
    Senior Member jaulest's Avatar
    515
    My view DAX, this morning.

    Same reasonaments and warnings included in this post.
    Permit the Trend function as buddy.
    Don't fight the Tape.
    Be water in the water. Don't think and follow the Flow.

    https://www.cliqforex.com/general-fo...opagation.html

  3. #133
    Senior Member jaulest's Avatar
    515
    My expertise?
    Use the Price Action alone to identify and identify Price Models and Price Behaviour.
    It is a question of understanding how to comprehend the simple language that the market directly utilizes to talk to us.
    There is absolutely not any delay in understanding these signals.
    It is perfectly possible if you know how to watch the charts.
    Thus, don#8217;t be fooled by the many complex trading software appliions, indiors, signals, and egies that are readily available.
    Learn the market#8217;s own language...
    and you'll have the power to identify, analyse, and trade the market true will: the ideal Side and the Changing of Side.

    Market tells all.
    She speaks to us... (to me of course Mother Market is a Lady...!)
    Market speaks, speaks, speaks and we just don't understand.
    The way to find out this (seemingly) incomprehensible foreign language?

    Why do we have to reinvent the wheel each and every moment?
    Trading has an History, Trading has Fathers Founders. Everything is within their precious books and charts samples.
    A diligent student of the Markets have to, only and just, humbly go back to the roots.
    Knock to doors of the Greats, listen and comprehend. Only then he could build his future.

    My Personal Mental Road Map.

    Price and Markets Aren't random.
    Market is a ";Sophistied System"; this comprises several actors and participants.

    Complex systems are systems whose behaviour is intrinsically difficult to model
    due to the dependencies, connections, or interactions between their parts or between a given system and its surroundings.
    Systems that are complied have different attributes that arise from these connections,
    such as non-linearity, development, spontaneous order, adaptation, and feedback loops, among others. (from Wikipedia)

    Markets have their owners.
    Owners have vested interest, aims and goals.... And they have egies and egies to obtain them.
    Markets respect deep legislation.
    Markets have a deep logic.
    On the battle we face Bulls Campaigns and Bears Campaigns.
    ";Campaign"; is a phrase that has a special and specific significance.

    Price and Markets aren't totally unpredictable.
    Just like water, the Price will accept ";the Path of Least Resistance"; between different of Orders.
    We can flawlessly guesstimate where the possible of Orders of the various participants might be.
    We've got a most important direction and a collection of precise ";Time Windows";, precise ";Levels of Interest";
    where experienced and expert traders surely have a border, even if they don't observe the Orders' Flow!

    On the battle there are no constant conditions.
    The relative, comparative Force can mutate at each new trench during the eternal battle between Bulls and Bears.
    So.
    Question is the UNCERTAINTY on the result, not the ANTICIPATION/EXPECTATION of SOME SPECIFIC reactions and behaviours.

    On the other side, that which we can perfectly forecast are:
    1) the feelings that the traders possess, facing the (seemingly to them) unpredictable price, and
    2) the traders' decisions taken on the basis of these feelings.
    And these two ";groups"; are ALWAYS the same.
    (As I demoned on Traders' Academy thanks to 's hospitality)


    This intro is in pure Wyckoff's style: the man (journalist, broker and trader) who analyzed in thickness Livermore, Gann and Keene.
    You don't see anything of your interest in what I wrote?
    Turn the page and proceed to play with your fancy indiors.

  4. #134
    Senior Member jaulest's Avatar
    515
    2010-2017
    29th of September was my ?birthday? in the market...
    Yes I took note of the date. This is a turning point in my life.
    Several years before, that afternoon... I decided to try to be a trader. (Please: note the aware ?try?)

    This is what I wrote that afternoon on my private journal.
    (You know, I have a pile of handwritten Moleskine... and out of now this digital notebook, too.)
    This is my equilibrium of those years condensed in a few words.
    I'll share it with you... ...
    Why? I really don't understand...
    maybe I'm just searching for a bit of good karma rescue some pain and discomfort and there.

    Following these years of pursuit, all is here: ?Act on details rather than on remarks!?
    All is within this W.D. Gann's lesson!
    Our heads just cannot accept the truth of the market.
    We try to justify together with our ideas Price should or shouldn't be this way or that way,
    when we all really need to do is see exactly what the market is telling us today and act about that.

    Happy birthday for me.
    Good trading existence to you.

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