Sure...south, north...who knows? but you did not say your reasoning for a southern trip....Why south?...I see it as north unless you show me otherwise: north and entering into a congestion area....l now I go to bed...tomorrow we will knok the ...

Lusan's trade Journal

Never amazed. It seems that the bears want to go north. An interesting chart: see (1) today close is above yesterday open, (2) yesterday was very dollar bullish but today there was a total turn in direction and now PA is going north. (3) yesterday ...

Lusan's trade Journal

This is very simple...why? Because market forces are just supplies and demands...this means: YOU....I mean: your trading mindset is of the upmost importance...the rest is just technique. If you lost your technique, you could learn something ...

Best single characteristic of a trader?

This is fantastic...I love it.

The Ultimate Fallacy in Technical Analysis

Same here...It is a pleasure exchanging views with you... Merry Xmas and Happy new 2009... It will be a year to remember.

Lusan's trade Journal

I am paying close attention to 15M TL as of now call "the flipping line".. Today the "flipping line" turned around...PA broke through!...Watchout! a major reversal or pullback is ongoing....Consolidation and bounce?...We will see

Lusan's trade Journal

I just finished with my upcoming Metatrader research tool.... Just for fun, I took a look to the 15M and, of course, I checked on the Reversal trend line...Take a look...any one who does not believe in this trend line support is completyly blind... ...

Lusan's trade Journal

>>>doable...that is the scalping mode....working on it...chaotic start, as normal, but I found it as profitable as the normal dance..which is also very fast: 1hr target...Success depend on good bias assessment. Welcome to my world.

Lusan's trade Journal

Today I worked on 2 metatrader tools to summarize PA information from several time frames that I plan to evaluate to assist me in my scalping and dances. Probably next week I will not trade but I will just play with these tools and develop another ...

Lusan's trade Journal

Exhausting battle...Confused dance with scalping mode..A very ugly and nerve wrecking dance...Still profitable...Need to consider this mindset failure...Actually, my brain was really off today...That is a very nice excuse!

Lusan's trade Journal

Flip trading day — Flip when I saw the 15M reversal...Good profit but bad dance...my mindset was disturbed when I entered the wrong way right at the top. By the way, at the end of the dances I analyze i with the format shown in the chart ...

Lusan's trade Journal

Another interesting dance. Note how the 15M reverse are used. I entered/exited with them...Those probabilities studies seem to help my PA awareness.

Lusan's trade Journal

My ideal trade — Just finished my daily dance with my ideal trading dance. Why? 1. Reversal studies paid. Saw both bullish and bearish reversals and I took them. 2. Early PT as recently planned. 3. Minimimum market exposure. 4. No more than 4 ...

Lusan's trade Journal

For the last weeks, I have passed considerable amount of time analysing reversals in multiple time frames. Conclusion: They are totally unreliable unless several TF are simultaneouly considered. (Together with S/R-which I have in my todo list.) ...

Lusan's trade Journal

After long reflections, I am taking the following position about surrendering the day. I will end the trading session, pull-the-plug, if any of these 3 conditions occur: 1) Emotional trading...lost mindset...take a day off 2) A complete bar against ...

Lusan's trade Journal

Yes, I will look into 5M and 1M...However I am taking a short break to learn metatrader to make easier my studies. Regards,

Lusan's trade Journal

thanks

Lusan's trade Journal

After my latest studies, I modified AGAIN my strategy plans. Not too many changes, but a return to 15M and addressing flip and surrender, This is almost identical to my first journal posts. The difference? A more flexible skew, more trust on 15M ...

Lusan's trade Journal

There is no activity here. Several practicians of this trading style normally meet now at the link below. url You might get the answer to your questions there. good luck

Technical Analysis Fallacy

The 15 cases, or flip moments, are tabulated below... The conclusions: (1) if the 15M TL is broken and confirmed by a new bar, then a new trend is confirmed. If found against that trend, leverage flip and fast to avoid the bus to run you over. Have ...

Lusan's trade Journal