"AUSSI" my thread and anything I want to put here

week nr 5 of my efforts ... had a little time limitations watching mkts





I think will stick to one instrument in comming weeks ...

Well done bud ,,

Just for taking some advice ,,rolling them shirt sleeves up and doing some studying,, not just watching price go up down ,,you are light years ahead of where most will ever be ,,,, even most of the big red flags here lol,,, many sound impressive and in the know ,, but they arent and they dont ,,,, .. you will learn so much about how a mkt actually moves ,,,, you will do nothing but get better ,,,, very lucrative future ahead for you bud

Back to defining the forest thing ,,,, dont matter how ,,it basically boils down to the daily is the scalping chart ,, it is the big boy play chart for what is happening on the grand puba ( monthly chart ) and its ceo or 2nd in command ( the weekly chart) many things on the longer chart will look the same as what you watch every day on your M1 ,, ( ya dont really need the eye strain as a longer chart gives ya the same info ,, ) it just come downs to recognizing who s doing what ,, ya know tht what did asia do and from where ,, then what did london do and then is the usa gonna add to it or reverse it then what ya have for levels and patterns to play in between .

Few of the longer charts you will see some similarities ,, really if ya took the price off them you wouldnt tell them apart from the ones you look at every day ,,same shit different day different week,, the top down approach always preached ,,, yada yada

Takes a looooonnnnngggg time for them to play out ,,, lots of starting and stopping on shorter charts ,, all in the mood of who does what ,,, many different players with many different reasons on both ends to do what they do ,, many players ,,different agenda s ,, most forget tht part ,,the point being seeing what is happening and haveing an area the charts pointed out to watch for shit to happen ,,, in the chaos there is an order too it ,, needs to be a bit of a bottom up approach too ,,which brings one to the ole day trade charts ,,, ,, your approach you are taking and working at ,,, you wont be long tying it all together,, long charts work no different ,,, and you in knowing tht ,, soon you will be loading button trades going the right way the 1st time ,, in boom out ,, and when the blast of volume comes in when the real day starts you will know what to look for and do it again ,,, and you will find the spots to just whack the damn button as fst as they close lol .. from the long charts down to the week and the day you will have some good clues ,, circles on charts one should see the progression of things from the long charts down to shorter charts ,, least tht was the plan ,,, been a long week,, mother nature making things difficult ,, rained out atm ,,, tired as hell but worth saying a few things to somebody working to learn,,,, steady as it goes and carry on bud . your totals now make most of the big shots look silly ,,nothing but the best too ya bud ,,cheers

Have a great week end all ,,cheers

Checking in, another week of gains, not trading much though, to busy, step daughters wedding next week and of to Singapore for the chinese side of the celebrations.

Hey Dave,

I'm going through your earlier charts more thoroughly, and I know you say your trades are second nature. I was wondering, if you had to give a technical on why you scalped this. Is it because of:

1. MACD shows potential change in direction
2. Price respecting resistance
3. The High from previous days (pump & dump).

Thanks,

Gidday Aussi
Mind set, mind set, mind set the biggest barrier of them all to successful trading.
Love it, love it, love it all.
Aussie seeing your transaction reports blasted my thought and process actions into the next galaxy, for the simple reason they are the next thing to looking over your shoulder in real time.
I have line plotted your every trade on printouts with the target of finding your thought and follow through process. Using grouping, timing and other approach's.
AH, HA, I can say the sky and beyond are truly the limits.
In the latter years I have purchased many books by proven successful traders with the view to gaining process and mindset, a few are absolute gems and must haves, but none gave me much of shall we say the build up to trigger, follow through and ending points as a mind set.
That we have to ingest according to our personality.
Thanks for completing the lesson by walking the talk and posting transaction reports, you are a gem.
I am not licking arse here, just giving credit were it is due.
One of these days I shall get to personally buy you the biggest beer and mountain of chocolate cakes.
All the very best.
Duskyboy.

very kind of you mate but since my stroke no beer and a diet to fit and a bad arse missie that keeps me in check

Have to laugh, my missie she the same.
I at one time grumbled as she puts large amounts of fertiliser on the flower garden, should that be going on the veg garden I say, you can not eat flowers.
Good for the sole she says, just as important as eating she says.
We all learn the hard way, she is right off coarse.
We shall see, all the best once again.
Duskyboy.

Wick Zones I get. But 'Einstein Lines' where did that come from?

Hi Turnip15

just did a Google search and found this.

https://www.kreslik.com/forums/theru...o-scalp-t30062

lpp

️

Trading is so easy it requires no brain to complete a win.
Computer says yes.
Love it, love it, love it.
All good stuff.

around LO





23 pips

Gidday blackNapkins

Great to see you having a crack at trading.
Keep the consistency going along with sticking to one pair, as Aussie mentioned earlier it is a critical condition to success, learn it inside out.
I have some thing that may help in the future, at least I found it helped me.
Years ago when I was trying to find the holy grail I came across some thing that jolted my senses and put me on the path of looking at human behaviour.
I wanted to know why so many failed at trading.
I burnt these few words into my mind and went on to correct what are critical human mind faults with trading.
The quote was some thing like this.
The compulsive obsession with market analysis is the domain of unsuccessful traders as human makeup craves the sense of sureness from it along with the sense of desperate certainty even though certainty never exists.
In essence to me it is saying take a look at your mind set buddy, long held habits, traits and beliefs do not work in this game.
To give yourself a edge take it on board and it will almost certainly change your approach.
I go so far as to say no one will succeed in this game unless addressing mind set.
Fear and greed, love it, love it, love it, rightfully destroys the ego and account.
All the best with your continued progression in trading.

Impressive m8! I guess you have more problems spending money than earning it