THE LESSON @ImpLaNT TAUGHT ME TODAY (it takes courage and vision)
@ImpLaNT taught me a lesson. Both of us had the same information and he went with the theory but I went my fears. I had trades on and I had made some money with the intention of doubling what I had made so far. But seeing price in FLE for 3 days, and a consistently sluggish market and then misreading 6n FP and S Ordinal I concluded that there was some risk of a pullback ahead and because I have rules on drawdowns and limits I cannot cross (whether or not a drawdown is a realized loss), on the account I trade and was not sure how far a pullback will take me I opted for safety first. The thing also was I had talked with @ImpLaNT earlier in the day and explained my fears and that I was going to exit which I did.
But when he went to trade the Orbit console or Screenface to trade he looked at things differently and far more correctly than I did, he looked at it more strategically too focusing on Synchrony and Ambiance. He read the TT surface as expanding with a little chance of contraction (expanding to 8n and 9n increasing the surface area of Gold and reducing the surface area of Green to zero in future) and the Cyclicality surface as stable in supporting a rising attractor given all Attractors in Gold are converging on a single high point on the mother Attractor in MN), then on nSign On (I think not sure what he used to cue his trade), he entered before the news which he ignored as the irrelevancy it was and engaged the market prior to whatever event was scheduled (do not know I never bother to check news calendars). He read and traded CMD 1 exactly as it should be traded.
Frankly, I did not understand the S Ordinal and 6n FP as defined by low volatility on the Day. And when that hit me by looking at the top right-hand corner of Screenface I better understood it was not a warning (but it could easily have been since if you noticed the market fluctuated at close to correct it otherwise the reading would have been valid ahead). When you look at the screenshots I have attached you would see the shapes Screenface was showing to @ImpLaNT and which he understood intuively if not explicitly. CMD 1 is an extremely bullish structure and the market right now is extremely bullish but only now do I see the missing parts of my understanding. I dropped the ball because I failed to follow the understanding that you buy lows in CMD 1 regardless of your fears and apprehensions and as long as you are cued (I saw nSign On on time but had made up my mind at that point that I would wait things out), and please see the pattern we are trading in the M30 window which is the exact same shape in the other H4 chart I show and of course the exact same shape all the way to MN and therefore clearly focused on what @Davie 111 mentioned about WK target break line or level. When you put all this together under no circumstances should I have dropped the ball. What I am writing says so clearly, all I have ever written say so clearly as well. Which is why in the cloud version you can call up these shapes to relate them to what you see on screenface because perception matters. Just to share my review of the day which I do everyday. And BTW I bought the market up and as late as I saw these things. Why? There is no reason not to it is CMD 1 and if for any reason I am wrong which I doubt at this point I will hedge out the drawdown rules on my account and will expect that the range limit for any drop at this point should be 1986 (but may be more likely price jumps on Open new week rather than fall). We learn everyday.
(-_-)
PS: When I finish what I am writing you will understand my thinking more and also understand my language better and probably begin to see things similarly if not already. BTW: All of this tell me Orbit is a well worked tool and something any trader can use to improve and sustain her profits I was impressed not just by @ImpLaNT’s play but also by the support Orbit gave his trading clearly it is not a simple tool based on “signals” it is a model deeply connected to trader’s intuitive sense of the market to guide her actions productively regardless of what anyone says it demonstrated that today (_-_) Happy
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Re: A New Trading Game (chaos game) Played for Money and Played in Risk- Free Space
Darkdoji, Sat Nov 25, 2023 7:00 am