TygerKrane wrote:Thanks, I appreciate it. I definitely have some room for simplification.
That quest for Holy Grail perfection always seems to creep in if I'm not careful.
and that's the Holy Grail right there - you found it
Thing is, as I see it, that markets are complex systems. You can't predict them very well and those who pretend they can are selling snake oil. So why not do away with that altogether and make sure you enter the market at points that make sense to you, and exit when you're in profit. Just be the leaf and accept that the market does whatever the heck it wants. When you're in profit and you decide to exit because it is "enough", then you're good. The rest is "only" about fear and anxiety prevention techniques, and those are futile; all smoke and mirrors. There will be pain to deal with, and you do have a choice in what kind of pain, but dealing with it you shall. This concept is so powerful and simple it hurts the brain.
I don't need the left hand side of the chart, except the last 2 hours trading H1. How simple is that ?
I don't even care about the news. Everything that is being taught as common sense, or even so-called contrarian info, can go right there where it belongs: the dustbin. Why ? The majority use it and they lose. This goes further than just getting rid of squiglies. A chart means nothing to me, absolutely nothing. Sounds contrarian, right ? LOL
Who said again "all you need is a horizontal line" ?
As long as it makes sense to you I would add, but anyway. Drawing a line is just that, drawing a line. Like -say- on an hourly time frame when the market has turned around. Or not, you could use the last bar and put an entry above or below in the direction of the close. Or reverse. And then comes the inevitable moment to enter the market and give a little to have great rewards in return
Selling houses is about location location location.
What works for me is simplify, simplify, simplify.
There is a time for everything.
Some will remember these posts at some point in time and see their personal light.
Hope this helps