Simple as 1-2-3

[prochargedmopar]

H4 setup,
M15 rat entry.
Ok, let me watch for a few days.

IMG_1683.JPG (142.92 KiB) Viewed 3755 times

[dchappy]

It has to go somewhere ..right .?

[prochargedmopar]

I vote for this....

IMG_1686.JPG (112.4 KiB) Viewed 3733 times

[prochargedmopar]

I vote for this....

IMG_1686.JPG

That vote didn't count.

nope.JPG (106.59 KiB) Viewed 4080 times

[MightyOne]

This is what I see...

EURJPYM15.png (12.7 KiB) Viewed 4042 times

[dchappy]

Yup....woke up to another hedge ...I'll try to unwind it ...

[MightyOne]

It's simple, almost too simple

USDTRYM15.png (25.25 KiB) Viewed 4277 times

[dchappy]

Well,we are back to par ...maybe I will cover and call it a week ...have a safe weekend all ..good luck to all our Florida trader friends , we are praying for you ..

[MightyOne]

Ick.

I know how you feel

When a price moves quickly away from an area, planting a wick, then you know that there is "something" up there that price is retreating from
likewise when you see multiple closing prices within a small price range then you are thinking that "something" must be attracting
price to this area.

Still, you should take the time to see it from dchappy's perspective so that you have a better understanding of what actions other people are taking and why.

for_me.png (15 KiB) Viewed 4243 times

In the end we are just:
1. selecting a horizontal line
2. our line value ($25)
3. our risk (2 lines of $25)
4. our chart (width of lines)
5. rolling the dice.
6. making adjustments (stacking, etc)
7. doing it all over again.
or something like that.

USDTRYM15.png (15.75 KiB) Viewed 4243 times

[prochargedmopar]

Ick.

I know how you feel


Still, you should take the time to see it from dchappy's perspective so that you have a better understanding of what actions other people are taking and why.


for_me.png
In the end we are just:
1. selecting a horizontal line
2. our line value ($25 cents)
3. our risk (2 lines of $25 cents)
4. our chart (width of lines)
5. rolling the dice. (intuitive feel OR statistical significance?)
6. making adjustments (stacking, etc)
7. doing it all over again.
or something like that.
USDTRYM15.png

It is those times when it seems SO SIMPLE that we are to take action.
Wait for a trade.

I'm pretty sure I understand what dchappy is looking for.

If there is something that has been re-iterated to me over the past year with ICT it is that there is NO trading God.

This chart here proves it yet again.

NothingToSee.JPG (54.78 KiB) Viewed 4234 times

These types of actions historically do not end well.
It is ONLY when a person becomes OK with mistakes and losses while also doing everything in their power to minimize their effects that they PROSPER.
There is no other way.

Hedging would not be my preferred method at this point.
But I still see why dchappy is doing it from a psychological standpoint.


I still don't understand if you are M.O. why you post here on kreslik.
Have not figured that out yet.
Your last answer seemed sketchy.