Thread: Red Lions Trading Journal

I forage 10.00 USD for today from the enemy. No sense in gaming it, within this market conditions, will watch closely, nevertheless think bullish bias but could change we all know the market is alive


this is the risk I can take with all the foraged pips
to give you an idea 10.00 usd = 100 pips against scout
50 pips from a level 1 attack with two lots in
20 pips against a level two attack = 4 lots


so now that I foraged 10 intial USD, THESE is your foundation for risk thresh hold, and continue to snow match my manner, attempting to place itself for leadership

The aim here is to make sure my book is not threatened= controling risk exposure and foraging on the enemy
then I can wait to allow the market show me profit,

first protect the publiion, and then think of profit. Only fight when the battle is already won
never fight first and then try to win

The Art of War

price appears to be resuming
4 troop attack then will resume


The reason for me to post this live commerce is therefore I cant b/s myself later
and I can in turn disect my defects and areas that require improvement.

And if you like my methodology, then you can always find out

see that ring place, dont like that too much, they may be running the short stops, to snare bulls and gain greater leverage on liquidity, therefore I scaled
to only 1 lot,

only the scout is at right now

here's the egy, ill let this grow, if the scout is in trouble I can save or kill the scout based on risk desire and market form

and if price moves my way I can constantly attack on price weakness, this is a critical stage, if price moves my method, I have lots of time to buy the dips.

First protect the book and forage the enemy pips

now I put my 3 lots in again = 4 lots, the terrain seems clearer today,
if they are gonna run stops price appears decided to look for them above 1.42
and when this is real demand, today we're in the money, now just buy the drops

however, price can always move gainst me, the 10 USD pillow comes in handy here


now I will hold.
Seems like poor timing in the 5 moment, but the momentum im seeing in the hourly and the leadership seems clearer to me personally. So I can hold till it belongs back in green

note to self, if I dont want to suffer, I SHOULDN'T CHASE PRICE.

Price strength on bullish transfer, is HIGHER RISK
price weakness on bullish transfer is LOWER RISK
Price strength on Bearish transfer is Lower risk
price weakness on bearish transfer is greater risk

one should always buy lower risk, now im already calculating possible rescue skews, but direction looks intact so ill just hold my ballz

Im out for now, will wait patiently for clearer signs, created some pips but my aim is to position itself for the big daily move, I need to sense that the leadership,

although my account is intact
with minor gain

I believe the last shift where I chased that the price was harmful, won't do that anymore.

okay today 5/17/11

im about to start trading, many observations created from

if the orders aren't clear and exact the general is at fault-- sun tzu
however if the orders ARE clear and exact but the army does not comply it is the fault of the commander'

the orders in which not clear and accurate:
the aim ch the daily fad.
So lets try that

oil still below 100 gold below 1500, the majors are retracing bullish action from yesterady, we no obvious direction is noticed, nevertheless, it is very important to note that the USD is no more enjoying up to

so from yesterdays action and the previous few times, the biased is bullish

Yesterday, had I kept trading, I profits could have been good. We'd the leadership right.

The market todays is exhibiting, a toping hourly biased.
So here I attempt a bullish place,

instead I have two options,

either I move bearish, or wait the market to retrace to input bullish.

Awarded the fact that I'm tired, I will not risk troops by trading just to maintain the market.

So that I will place an alarm at 1.4200 and go to sleep and I will also check it out in the london open. I want rest.
Remember the AOW

he who knows himself and knows the enemy doesn't need to fear the consequence of a hundred battles

if one knows heaven (timing) and earth (market structure and form) and we could achieve victory that's complete.

The point would be to NOT LOSE ANY PIPS initially and then exploit flaws on the market.

We can't input first and then seek to win.

Attachment 701454

one can't only look at the hourly and not the 5 minute the smaller TF indie form

seems like a sensible position for a sip.

1 lot that might easily be rescued if need be

sick still get some rest ( here is gambling, never leave your army on the field if you are not there to deal with the risk)

however with 1 scout position, I feel confident enough that I can rescue effortlessly
and sounds like we are trading in the ideal direction so in case the GAMBLE pays when I wake up we will have some foreign capital to risk

Incidentally, feel free to pitch , ask, or comment,

criticism is also welcome as I can find out from you. And traders viewing my journal then can learn as well.

Enables all talk about knowledge.

Heck post your trade, and chart lets see if our opinion differs