Bride of If You Can Draw A Straight Line

[Redneck]

Quote from Gringo:

Who ends up with the virgins?

Let’s change this volcano/ virgin thing up a bit…

What if the volcano a metaphor for the mkt…. and the virgins – traders (whether they be – newbies…, wannabes…, those who can’t get it…, or those who’ve lost it (mkt does evolve)

And the Pièce de résistance – all willingly submitting themselves for sacrifice (some repeatedly)

================

So..., who ultimately ends up with the virgins – profitable traders

RN

 

[niko]

Quote from babe714:

Fridays replay ... lucky

Good job.

 

[babe714]

Monday morning replay ......break even ...mainly because of not pulling the trigger on one set up ...with my history I see breakeven as a VERY good thing .

 

[Gringo]

Quote from babe714:

Monday morning replay ......break even ...mainly because of not pulling the trigger on one set up ...with my history I see breakeven as a VERY good thing .

Nice.

 

[niko]

Quote from babe714:

Monday morning replay ......break even ...mainly because of not pulling the trigger on one set up ...with my history I see breakeven as a VERY good thing .

Great job babe, i think you are ready for the Son´s thread.

 

[babe714]

12/11/13 replay, gf has other plans than this it seems, gave up after one trade

 

[dbphoenix]

Quote from babe714:

12/11/13 replay, gf has other plans than this it seems, gave up after one trade

Regarding your exit, once you're comfortable with this, if you're not already, consider trading at least two contracts. You can then leave one toe in the water until you get a signal to trade in the opposite direction.

 

[llIHeroic]

Weekly lesson for beginners. I wanted to keep going, but ran out of room and had to delete the last section of the chart in order to fit all of the text in.

Tried to stray a little closer to praxis vs. theory than I did last time. Comments and questions are welcome as always.

Edit: Cleaned up the chart a little bit.

 

[llIHeroic]

Quote from llIHeroic:

Edit: Cleaned up the chart a little bit.

 

[dbphoenix]

Quote from niko:

Yep, moving my stuff back to the brides's thread. About the playing part I just wanted to see if I could have the same clarity of thought with money on the line, and it did not happen, so I will go back as many steps as required until I get the drill.

Thanks.

So. Here we are in the middle of a range on the hourly. What do we do? What do we look for?