Pullback on Command 0. I have trades hanging so am I worried? May be a little as always reversals begin from a pullback but all indications right now are for an in-phase drawdown. So do not feel a real threat just now +:
1. D1 Window shows a diagonal match with H4 as both = A (3) an unbalance that needs to be corrected up.
2. Wk Semaphore is incomplete up
3.MN also Incomplete up and therefore on the system of pivoting one expects a correction up and therefore I assume for now persistence higher.
4. Again an example of the recursive behaviour of fractals as attractors lower than MN converge on a point high in MN.
5. So actually read the stall but decided to hold and also not trade down to cover because I am busy and cannot mange opposites or a hedge right now.
6. When in long term hold though a hedge at pullbacks is not too bad an idea but RIGHT NOW I estimate a stop low at circa 1986.
7. In D1 window I see price at a distance to the DeMark line which gives me some visual comfort that I might be right (but of course that is a bit speculative).
8. Let us assume for a moment I am wrong and this is actually a turn what would I do a) nothing as I will wait for a low stop b) upon low stop price Must return high.
9. On that return which is logically going to be less than current top I will recover buys at less than prime value and enter sells.
10. Sometimes depending on earliness of buy entries for the given scenario a loss would occur but so what? Will be a neat loss and will recover on down swing. ***
11. Never panic Orbit has your back - the false stories and scarecrows are not the way they are painted in deterministic trading you have control ---> TOTAL CONTROL.
(-_-)
PS: Unless there is a change in Command 1 status I am suffering the drawdown in risk-free space so not too worried. *** Could alternatively and preferably exit trades at low profit depending on availability and overall read of space dynamics.
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Re: A New Trading Game (chaos game) Played for Money and Played in Risk- Free Space
Darkdoji, Thu Nov 23, 2023 2:57 am