Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
That's always been a problem with my assessment of the market, I sometimes see the forest, but then might miss out on a tree, and when I focus on the tree, I miss the forest.
Its something I am aware of and work on it everyday. Its just finding the right balance and right now, these are the concepts I am learning from the Course.
I've talked with Mike and he said not to panic as the first 10 weeks of the 20 week course is focused on concepts. Once I tried to apply their first Junior level strategy, I was freaking lost cause I thought I knew the basics. How wrong I was. There's like a checklist just to take a trend line trade, which is why I am emphasizing the missed trend lines from today as stated as their is a "piercing trend line" trade setup they teach.
Its funny, what I am experiencing is not a linear progression of my comprehension and application of the concepts, its left turn, right turn, 2 steps back, 1 step forward, 180, all over the place.
Its discouraging none the less, this part sucks and when I get past this, it gets easier, I've been down this path before with my other issues. This is not any different.
At least now, moving forward, I know what to focus on again.
Just wait till Gann levels and extension start getting introduced and put into the mix.
Seriously am drinking from a fire hose when I think about it.
Now that I have a better understanding of the concepts being taught, I "jumped" ahead to see what the "Ice Cream" Trade setup is all about and I found one in the NG on a 60m chart.
Pretty interesting stuff they are teaching.
I thought the Piercing Trend Line Trade was good, this "I dropped my Ice Cream" is even better!
Come to think about it, I was looking for a short with the marked area on the 15m, I just was not sure how to put the trade together as I was looking at the retrace back into the R-Zone and I did look across the higher time frames and did not think the 60m had clean space to trade into so I negated to pay any attention to the 240m and its space.