Sunday, August 10, 2008

Let`s philosophize/ The stops cleaner came to work.

The Euro is down! Thanks, God!:) Let`s go down and stay at it`s legal 1.2 -
1.3!! How many people are staying in the longs and proceed to averaging
over? I was also frequently making a sin - I have never had something
good from it. Probably, it`s human nature, at the some moment I`ve put
on that, what is on the big Marge, but couldn`t close the position,
which is going against with created moment, keep averaging over. But, the
Stops Cleaner has already went to the road of war and there will lots of
pain for those who are thinking that everything will be alright - their
scalp will be peeling out!
I wish I would be such unprejudiced robot while the trading, I would earn on
the profit units and on the other things. All these
tryings to find out where the recoil is brings a harm, and where is the market`s
opening. Only a small stop can save from foolishness.
Recently I was viewing the situation with the soy in the turning point
of the market in the day. There were no large sizes and opposed located
sizes, and looks like there was no a good trading, there were no the
levels of the past days - weeks during of the whole contract. I just
don't know what to do, so I was not trading. Very often the thoughts
are coming to me that I cant hold the market in the very beginning. How
are thinking, those who are starting to turn the market in the reverse
direction? What do they know about it? Their actions are very easy come to
through the filter of minute`s trend! Only one thing that is not in the power
of the firsts, is that the price after some minutes are returning to the
recoil`s level, giving a chance to get into the train. For that time,
while I`m using the sizes concrete to the soy, the purely technical
entrances are finding not often. But I should keep in my head lots
of details. It`s disadvantage.
As I have understood, there is no a general theory about which level, combo
diagram to chose in this or that moment. Everyone decides for himself.
The tastes are differ. Every trader makes over for himself. Where is better place to buy/sell? I didn`t like how the system of intricate enter works on the soy with the short stop. I`m not always put the stop at once, but always think about it.
For those who are interested in the soy, but got no chance to work with
the sizes - could take a try to chase the levels and entering because of
the reason of the one movement on the M1 and M5, but it would be better
that M15-M30 will be in the same direction.
The levels: ttwo lines ( above and below the price of
day`s opening). 400 points. Let`s say that 1200 is opened. So we are
getting two lines:1196 and 1204.
We can also say, that it`s 4 points. This is core. If before the opening
of CBOT`s auctions (18:30 MSK) the price will be on it, it means that it
will be the rejection to the level. If during the e-auctions the price
has hit the core and on the opening of CBOT staying on the take
profit, you should look what will going on at the minute`s - five
minute`s trends, etc, the turning back to the core is possible! Or we
will go to the second take.
short; 1-st take , the profit will be at the level 1179 and 2-d at 1151
long: 1-st take will be at 1221, 2-d at 1248
( 1700 points (17) and 4400 (44))
It`s funny but the levels are coinciding with the sizes. But with a
small deviation.

The schedule, when it`s possible to trade with the soy(MSK)
03:00-15:00
18:30-22:15
If the stop is loss/take profit is breaking by the gap, it`s working by
the first price of the terminal, but not proposed by trader.
--------------------
I`ll repeat myself.
If the price of CBOT there will be a break in the core to the side of
takes.
If the price of CBOT will be on the target, we search the chance to come
back to the core, cross it and get to the other first target. Or
movement to the second target. You should look at the minute`s trend.
It`s stupid thing not to take into consideration the moment!
The indicator, which I use to determine different trends in the one
window is MTF Has Bar lower A. It should be free at the sources. It was
written by Shteinitz, very famous person in everything, what is related with
advisers. As I remember, being selling the adviser for $100.

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