I want to review this idea!
Because I looked at the chart, went through updates, and I found it again!
Two Mistakes!
1#
I am stating / no, no. no / it has nothing to do with Long-Term trading, it is all intraday.
2#
Falling in Love with the Target.
First, if these were only intraday Analyses, what the heck is 1348 level doing in the chart? What the heck is 1270 doing in the chart, and why the hell there is one long a ... description about breaking something, back then, that day, accumulation, bicurbulation, circulation, breakulation etc etc and etc.
LOL.
It had nothing to do with Intraday.
Since September 8 when I started to do intraday, I came to charts with a clean mind! And I focused only on intraday, and that was the key answer to the question why the whole week I was printing lovely results when it comes to intraday trading! Locked in 92$ move in just one week by selling and buying.
And once again... it all started here already!
While writing this Idea I was already clearly invested in 1270 and 1348 rather than focus on intraday! Intraday that day Told me there is no bull below 1322 and below 1322 there is a selling pressure, so why not sell below 1322 with SL above it. But no, we can possibly move up to 1348, this and that, blah blah blah.
I caught myself once again!
Once again stepping out from my plate and trying to project something that had absolutely nothing to do with the intraday trading!
And once I started to do it, this is where my 92$ intraday gains started to tank.
And here is one of the biggest mistakes I paid for Falling in Love with something that has nothing to do with the intraday!
I will quote some text from FOMC edition Idea.
Good thing is that we closed above 1310.6 that means phase points up.
1310.6 was the main level to open the gate to 1304.7
And if Broken by 1$ the gate to 1304.7 is opened.
And now take a look at the early night one of the Lows.
prnt.sc/gnp418
1309.6 A clear 1$ break! Indicating that 1304.7 will be reached.
But because of falling in Love with 1348 and mixing intraday with these projections, I was looking for any excuses, like - okay it may be just a spike to 1304 to shake out buyers!
That was not important today, just because we have other levels at 1309 1308 etc etc.
Any excuse I could find why we should not fall and reach 1348 was there in updates!
And 1315... 1316...
Quote from the idea:
Then the next blocker is 1315. If we break 1315 we have a greater chance to see our unseen 1322.
Found a minute to let you know that it would be healthy that 1310 is not broken by 1$ down as it will have a tendency to test 1304.3 then.
Better Hold and Reach 1316
###
1310.6 was broken, the tendency to reach 1304 was there and the sell from both 1311 and 1316 would be way better with target 1304.
Just like in September 8 Idea, sell from 1357, 1354 and 1351 with target 1346. Plain and simple!
If I would focus on just these 3 levels for the day I would save my self a spare buck and end the day with the profit! But ... Better to look for excuses why these levels will not hold and why 1348 will be reached.
I am reviewing all my last ideas since September 8, and now I see where it started again.
I am done with this... Have to stay Focused!
That being said, 2-100k challenge is almost live.
Like one TV staff member said - Good Luck on that bold challenge! If you succeed you are about to set new standards when it comes to transparent real-time live results/trading.
Two Mistakes!
1#
I am stating / no, no. no / it has nothing to do with Long-Term trading, it is all intraday.
2#
Falling in Love with the Target.
First, if these were only intraday Analyses, what the heck is 1348 level doing in the chart? What the heck is 1270 doing in the chart, and why the hell there is one long a ... description about breaking something, back then, that day, accumulation, bicurbulation, circulation, breakulation etc etc and etc.
LOL.
It had nothing to do with Intraday.
Since September 8 when I started to do intraday, I came to charts with a clean mind! And I focused only on intraday, and that was the key answer to the question why the whole week I was printing lovely results when it comes to intraday trading! Locked in 92$ move in just one week by selling and buying.
And once again... it all started here already!
I caught myself once again!
Once again stepping out from my plate and trying to project something that had absolutely nothing to do with the intraday trading!
And once I started to do it, this is where my 92$ intraday gains started to tank.
And here is one of the biggest mistakes I paid for Falling in Love with something that has nothing to do with the intraday!
I will quote some text from FOMC edition Idea.
Good thing is that we closed above 1310.6 that means phase points up.
1310.6 was the main level to open the gate to 1304.7
And if Broken by 1$ the gate to 1304.7 is opened.
And now take a look at the early night one of the Lows.
prnt.sc/gnp418
1309.6 A clear 1$ break! Indicating that 1304.7 will be reached.
But because of falling in Love with 1348 and mixing intraday with these projections, I was looking for any excuses, like - okay it may be just a spike to 1304 to shake out buyers!
That was not important today, just because we have other levels at 1309 1308 etc etc.
Any excuse I could find why we should not fall and reach 1348 was there in updates!
And 1315... 1316...
Quote from the idea:
Then the next blocker is 1315. If we break 1315 we have a greater chance to see our unseen 1322.
Found a minute to let you know that it would be healthy that 1310 is not broken by 1$ down as it will have a tendency to test 1304.3 then.
Better Hold and Reach 1316
###
1310.6 was broken, the tendency to reach 1304 was there and the sell from both 1311 and 1316 would be way better with target 1304.
Just like in September 8 Idea, sell from 1357, 1354 and 1351 with target 1346. Plain and simple!
If I would focus on just these 3 levels for the day I would save my self a spare buck and end the day with the profit! But ... Better to look for excuses why these levels will not hold and why 1348 will be reached.
I am reviewing all my last ideas since September 8, and now I see where it started again.
I am done with this... Have to stay Focused!
That being said, 2-100k challenge is almost live.
Like one TV staff member said - Good Luck on that bold challenge! If you succeed you are about to set new standards when it comes to transparent real-time live results/trading.
Comment:
And Although 2-100k is not live yet but is about to be within few moments, I have executed the first trade on a 2-100k trading table already! Always have to get over that first trade on the fresh page! So September 21st / 2017 is the start date.
This is an example of how trading ideas will look during the challenge!
Since I get more free time as I won't have to update frequently the charts as all trades will be live anyway. As well there will not be any need for recalculation updates!
I will mark main levels that will be used for trades that I could possibly take!
And review the trading the by the close!
Thank you for support! And Let's make it happen! LOL
This is an example of how trading ideas will look during the challenge!
Since I get more free time as I won't have to update frequently the charts as all trades will be live anyway. As well there will not be any need for recalculation updates!
I will mark main levels that will be used for trades that I could possibly take!
And review the trading the by the close!
Thank you for support! And Let's make it happen! LOL
Buy after 1302 or Sell after 1296.
But no! Have to Revenge! Sell from 1296 to 1289 was good enough though.
Gaining back some lost $.
Here is one good example of human nature: I received a message from a guy:
Hello, Zabisyu.
Have to say thanks for some trades I was able to play out with your intraday help and save my account from a margin call.
Followed a guy here Sold 1257 then 1270 then 1290 and then at 1300.
I was able to hedge and make some money with your 1320 - 1299 call and then some other intraday trades the next week you had that gave me more free space in my free margin.
I will not follow the guy anymore nor I will follow someone at all. Just wanted to say thanks, that's it. The guy is still pushing out updates and ideas with gold short, I have no does he ever buy it? sorry to disturb you all the best in life.
The answer is that the guy will not stop printing short ideas, just because if he is selling 1250 and gold is 50$ higher at the moment, he too will look for any excuses why it has to fall even after a 100$ drawdown. This is a clear " Revenge " trade to possibly " save the reputation " and just to be right later on. So while 1250 is not hit and drowning accounts are not back on the surface, don't wait for a LONG call. If the " Revenge " mode is on, it will stay ON till market eventually comes back.
I am saying this just because that was me the whole time while doing Long Term!
If I was waiting for a target, I was printing out every idea with just one direction and looking for any possible excuse why it will go to the target!
Simple!
So anyone desperately pointing out one direction and talking about any possible reason why it will go this way exposes himself just because of either - he has a drowning account, either he has turned " Revenge " mode ON and will try to fix his bad experience he had with trading the same direction before.
Once again, I am not pointing out to no one, I am saying this because I was there, doing the same thing. Simple Human Nature!