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KP, If one cut out a shape out of a cardboard and only looked at say randomly generated price through it, would trading improve if one traded only when price fit that shape? Cutting out the cardboard hasn't changed the 'randomness' of the randomly generated price, hence the future even if the...

On the daily we can see NQ had a breakout above the trading range. Price is currently retracing and may resume its move up once the retracement is done. The other option is that the price fails to continue up. The failure drops it towards or inside the TR indicating demand to be weaker and...

Waking up early has been the one activity that has allowed me to do the things early in the day that have made the most positive change in my life. I moved away from this practice but Robin Sharma, Hal Elrod who wrote "The Miracle Morning", and countless others have spoken about the power of...

I don't pay attention to patterns. Price is currently rising. Even if it's head and shoulders generally speaking people wait for the neckline to break. I am not beholden by any such rules. Around that resistance if price weakens it's a short otherwise not. By the time neck line breaks it's...

TSLA seems to like SLA particularly well. Gringo

FB is at a crucial level. Failure around here has the potential to get dramatic. Price also could just stay within the trading range and attempt to reach the bottom around 73. Gringo

The 4500 area might have a bit of air. Lets see if demand can continue pushing up. It's not the finest of positions but demand has given up around here in the resent past. Gringo

At last the price has left the mess. Hopefully it gets to areas around 4550 or higher, perhaps closer to the TC top. BO and RET isn't something I am too comfortable with so I try to stick with reversals mainly. In time ... in time. Median again was solid and price has historically gone back...

Repetition did the job for me. I set up a timer for each hour, then each half hour but even that was too far apart. Eventually I moved the timer on my phone to 5 min. Every 5 mins there would be a beep or a vibration. Every time phone beeped I would scan my Emotions and if there was anything...

From Wiki: The Matrix makes numerous references to recent films and literature, and to historical myths and philosophy including Buddhism, Vedanta, Advaita Hinduism, Christianity, Messianism, Judaism,Gnosticism, existentialism, and nihilism. The film's premise resembles Plato's Allegory of the...

I experimented this year with the below approach to control my emotions. The aim was to become steady under duress and not snap easily. There may be advanced ways of doing it (Buddhism/Zen) but this method seemed quite simple, fast, and easier compared to other traditional methods. The result...

Yes, if price fails to drop here then it might turn into a TDTDB (Those confused please refer to Db's document or read Sherlock Holmes).

Mechanical SLA is calling for a short. I am not taking it as I prefer price to be closer to S/R or TC. 4420 area had shown some resilience in the recent past as well. Gringo

"There's a difference between knowing the path and walking the path" - Morpheus

The pertinent question is: What can one do practically to disassociate from the ego and not have emotional tsunamis when dealing with trading or life? In other words: How can this state of emotional detachment or something close to it be acquired? Gringo

This would have given an earlier indication of strength coming back. I got a bit complacent after such easy profits and went into auto-mode instead of making decisions as the situation unfolded. The dance played out as thus: Gringo

Closed the remaining position. Median's do need to be respected. That one touch from 4375 brought demand back and BE was an option. With price recovering most of the drop today and not giving it up I don't want to be betting down, especially when confusion is becoming more pronounced in my head...

4370 is the mean for the rectangular TR (4280 - 4460). It's also the median for the downward sloping smaller TC. For me it's an important point where the position is lightened. Gringo Edit: Exited a third.

The breakout above the TR didn't hold and price is back into the range. The demand line has also been violated. This has the potential to turn into a short after a retracement and another subsequent failure. Gringo

TR broken to the downside. Might give a short signal. Weakness is manifesting itself. Edit: Added some shorts.