Random Rants and All the other Goodies 2 - No, not a Gann journal...
- Thread starter WDGann
- Start date
I think you were distracted by all of the hits you were taking in chit chat.
If the market goes lower... next prominent Neo-Gann Level:
bottom 1/2: 1240 or 1251... most likely 1251...
Top 1/2 coming later...
If the market goes higher... next:
1371... or 1353
Testing if I've figured it... please ignore...
Personally, the market looks like it's going up... if today's a bottom 1353 major major strong lvl...
bottom 1/2: 1240 or 1251... most likely 1251...
Top 1/2 coming later...
If the market goes higher... next:
1371... or 1353
Testing if I've figured it... please ignore...
Personally, the market looks like it's going up... if today's a bottom 1353 major major strong lvl...
I coded my hypothesis of Neo-Gann... looks better this time... nice stuff... still need some confirmation on whether I'm right or not...
Arising problem is... again the buy and sell signals... Maybe I should put Bollinger and 20 day SMA, even though I hate putting unconceptual filters...
Well, good night everyone...
Arising problem is... again the buy and sell signals... Maybe I should put Bollinger and 20 day SMA, even though I hate putting unconceptual filters...
Well, good night everyone...
Recently, I've had some problems with my exit mojo. Seriously, I've had problems with that for the past 3 trading days. So I've decided I should work on it by doing the following:
1. Scalp my ass off.
2. 2 Consecutive Losses and I would re-evaluate the charts.
3. No Gann or Indicators. Just plain blank bar charts.
4. Limit each losing trade to 1.00. If I exceed this, I would have to do push ups.
5. Trade 1 contract.
Well, the results were pretty good, or at least better than I expected. I made 9 handles on NQ. Execution is very hard doing this. I did have to adjust my entry mojo and exit mojo (well, exits are pretty much automatic).
I also had to adjust my mind to take profits rather than let it run (This is reverse from a beginner... LOL...). This profit-taking mindset was hard to build. But I managed to do it. I think it was because I was doing such a small contract of 1. It was easy on my mind than my regular position size.
I will be abandoning Gann for a while for my trading also. It is the basis of my analysis but I maybe relying too much on it these days. I'm really not building myself as a trader, but building myself as a Gann Analyst (Don't you just hate the word "Analyst"?)
I'm thinking this will build myself to a higher level to be able to trade without Gann or any technical indicator.
Well, good luck trading all...
1. Scalp my ass off.
2. 2 Consecutive Losses and I would re-evaluate the charts.
3. No Gann or Indicators. Just plain blank bar charts.
4. Limit each losing trade to 1.00. If I exceed this, I would have to do push ups.
5. Trade 1 contract.
Well, the results were pretty good, or at least better than I expected. I made 9 handles on NQ. Execution is very hard doing this. I did have to adjust my entry mojo and exit mojo (well, exits are pretty much automatic).
I also had to adjust my mind to take profits rather than let it run (This is reverse from a beginner... LOL...). This profit-taking mindset was hard to build. But I managed to do it. I think it was because I was doing such a small contract of 1. It was easy on my mind than my regular position size.
I will be abandoning Gann for a while for my trading also. It is the basis of my analysis but I maybe relying too much on it these days. I'm really not building myself as a trader, but building myself as a Gann Analyst (Don't you just hate the word "Analyst"?)
I'm thinking this will build myself to a higher level to be able to trade without Gann or any technical indicator.
Well, good luck trading all...
