price action trading

[saakk]

2nd entry long off the lows at worst price then before..........

 

[saakk]

Reversal bar at down trending line, went short....

 

[saakk]

what price took 18 bars to rise came back down in 8 bars....

 

[saakk]

Just watched a program on National geographic "My Intelligent Brain", it was a sort of documentary on Chess Grand Masters in which they were trying to explain what goes on inside a brain of a Grand Master and in any normal human being (person who just know's how to play chess) while playing chess. What i understood was the amount of time people spend on their craft, grand masters recognized the chess patterns just like we recognize the faces of other human being and they anticipated the next move by their opponent, Pattern recognition is the key. If we clock enough screen time looking at one chart day in day out ( ex: 5 min time frame) at some point trader will start recognizing the recurring pattern and be able to trade them profitably.

 

[saakk]

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[saakk]

ILLUSION of CONTROL, Fact is our own BREATH is not in our control let alone any thing else......

 

[augubhai]

ILLUSION of CONTROL, Fact is our own BREATH is not in our control let alone any thing else......

Baba saakkdev :clap:

 

[saakk]

baba saakkdev :clap:

some thing to remind myself every time i try to force a trade......

 

[saakk]

Baba saakkdev :clap:

Sure enough to use this name in new forum

 

[saakk]

Range is so small, even if i enter price can manage to give away only 4 ticks out of which 2 will be taken by exchange and gov. and i will get "GHANTA" and if my SL got hit in any trade i wont even get that...... " hey SEBI Dev lift the BAN and Reduce the margin"