NQoos ;-)   

TRADING NAKED

Master  your  setup. Master  your Self

 

the interpretation and application of price action concepts

 Thank you for your donation...NQoos 8-)

We all share a similar path in Trading. Even though you may not be a consistently profitable trader now, you can chose to enjoy the path. This alone may make the difference in your success.

 

TRADE PHILOSOPHY


back to about me   context is everything   Being "In The Zone"  Rule Based Discretionary Trading  What Really Matters with Strategy Trading


 

 

8/2008.....coming
 
 

Some traders advise others "DON'T THINK , REACT". I do believe this has value in the proper framework. I choose to think always and react if warranted.

Some of my teachings come from Tim Morge . Here is one of Tim's working charts at the start of today. Part of the framework I operate in is best described by Tim.

 

One of the most important tools we can put in our arsenal is the ability to anticipate and think ahead, much like Masters of the ancient stones game of Go or Wei Ch'i think and plan many steps ahead of their current move, anticipating the moves of their opponent.

Rather than passively re-acting to the market's action, you should train yourself to be constantly anticipating what "may be," as each bar unfolds in real time before you on your screen. Ask yourself, "What if price makes a pivot here? How will that play out? What are the possibilities? What edge can I use to exploit the situation?"

This is where the true magic of these tools us can be found. You should constantly be aware of the price levels where the Median Lines, MLHs, sliding parallels, warning lines, tests of tops and bottoms intersect with price. And you should be constantly replaying "what if" scenarios in your mind as price unfolds before you.

If you carefully combine these tools with anticipation, you will be based in action, rather than be left behind in reaction.

Timothy Morge

 

Chart below from Tim Morge 100703

A few times a year, I post my actual working chart at the beginning of the day, just so people can see the screen shot of the chart I am
trading from...I haven't highlighted dominate lines or decreased the clutter. This is what I see all day long.

When I get "stale," I erase the whole lot and start over again. But while I am "hot," I just keep adding on.

Good Trading!

Tim

 

 

 

 

 

expect miracles, they are everywhere.............. God is good all the time

Algeria Andorra Angola Anguilla Argentina Armenia Aruba Austria Australia Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Bermuda Bolivia Bosnia.and.Herzegovina Botswana Brazil Brunei.Darussalam Bulgaria Burkina.Faso Cambodia Canada Cayman.Islands Chile China Colombia Costa.Rica Cocos.(Keeling).Islands Cote.D'Ivoire.(Ivory.Coast) Czech.Republic Croatia.(Hrvatska) Cyprus Democratic.Republic.of.the.Congo Denmark Dominican.Republic Ecuador El.Salvador Estonia Egypt Equatorial.Guinea Faroe.Islanda Fiji Finland France French.Polynesia Gabon Gambia Germany Ghana Gibralta Greece Grenada Guadeloupe Guatelma Guyana Honduras Hong.Kong Hungary Iceland India Indonesia Iran Ireland Israel Italy Jamaica Japan Jordan Kazakhstan Kenya  Kuwait Kyrgyzstan Latvia Lebanon Libya Liechtenstein Lithuania Luxembourg Macau Republic.of.Macadonia Malaysia Maldives Malta Martinique Mauritius Mauritania Mexico Moldova  Monaco Mongolia Morocco Mozambique Myanmar Namibia Netherlands Netherlands.Antilles New.Caledonia New.Zealand.(Aotearoa)  Nicaragua Nigeria Niue Norway Oman Pakistan Palestinian.Territory Panama Papua.New.Guinea Paraguay Peru Philippines Poland Portugal Puerto.Rico Qatar Reunion Romania Russian.Federation Rwanda Saint.Kitts.and.Nevis Saint.Lucia Saint.Vincent.and.the.Grenadines San.Marino San.Salvador Santo.Domingo Saudi.Arabia Senegal Serbia Seychelles Singapore Slovak.Republic Slovenia South.Africa South.Korea Spain Sri.Lanka Sweden Sudan Switzerland Syria Taiwan Tajikistan Tanzania Thailand Trinidad.and.Tobago Togo Tunisia Turkey Turks.and.Caicos.Islands Tuvalu Uganda Ukraine Uruguay United.Arab.Emirates United.Kingdom United.States Uruguay Uzbekistan Vanuatu Venezuela Vietnam Virgin.Islands Yemen Yugoslavia Zambia Zimbabwe

contact TradingNaked                                  yes I am from the '60's           surfed from 168 countries             yes I am from the '60's                                               claimer              

All content copyright (c) 2002-2008 TradingNaked.com and their providers.  All rights reserved.