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Watching interesting long move into red clouds (30m) and why there is no getting through:
Watching 2 new formed red lower clouds - each one lower then the previous.
Price tried 2 times now to get higher and CROSS the red cloud.
This was always an attempt without any positive result.
Means the same for the second and we need a third red cloud forming
with lower prices.
From there a long might have a chance to get higher again by passing the 3rd
cloud (not formed and showed yet).
But this upside scenario is working only for a short time. In the 1h and 4h charts
there is still need to wait for the chance to get higher. Means several days. Because
there the clouds are still restricting price to go up.
So the beforementioned "11800" is a level to reach with high probability.
GFIs1
PS: Today no trade taken as uncertain moves (as shown) were nearly sure after
a tremendous move down on Tuesday.
• 300k pageviews
• 3k posts
• 5+ years lifetime
• growing number of followers
• won several prices over time
• results per year always positive
• This year the fastest gain of all years - nearing 1k points already
Thanks to all followers - much appreciated!
What happened to the system rules since the beginning?
Not much - just some adjustements and fine tuning like:
Especially *not* every day taking a trade - but depending on the
best weekdays. Knowing when NOT to trade.
Optimizing also very rare constellations of days/weekdays/holidays in
a line over time.
How much time is needed for such an adventure?
Quite a lot: it needs more time to journal here than to place the trades
In fact - the continuity over the 5 years took a lot of time and presence.
Of course it helped a lot to see things from different angles.
As you know I am not a fulltime trader. But a time optimiser.
To get there is a bumpy road: it needs discipline, discipline, you know.
I just recommend to build own disciplined trading by maintaining a journal
here on fio for every sincere trader.
Now I intend to skip the preparation, follow-through and finalize every trade here
daily within one new post. That might save some time to use for other projects.
This does not mean that the thread stops. Trades will be taken anyway in the future.
Results could be shown bundled, using the known system rules for every weekday.
I assume that the longtime followers know them by heart already.
I plan to go a shorter pace here when one of those milestones is reached:
1k of points this year, 300k pageviews or 3k posts here.
If you like to reply and discuss - you are welcomed to do so in this thread.
Not via pm. Thanks!
GFIs1
PS: to my friend @ratfink - there is no free redcoat. And no free lunch! - Cheers
Hi @GFIs1, congratulations on the amazing milestones and your unique 'Go For It' journey, you have indeed inspired many of us, and one day more of us will put it into practice I am sure. For myself I am currently short of time, although don't worry as my smiling red cheeks will soon return, and the missus has also left me a very nice free lunch.
Maybe one day I will also learn to be able to pull the trigger and make time by walking away, but you are rather unique on that score.
Wishing you well good friend on whatever will be the next phase, especially if we still see some more cock dances in the other thread.
Of course we might see new exciting Walzer coming... The actual worlds disorder is the best nourishing ground to it!
As said - the thread is not dead yet. Only the live updating of the trades are on the knives edge.
Might be I will find another system that blinks in competition with the existing ones.