Sell Stop, Buy Low

[hiCis]

I start with $251. Let's see how we got to the end of October. 18:29 GMT+8 Everyone can find their Holy Grail

[hiCis]

23:06 GMT+8 Everyone can find their Holy Grail

[hiCis]

The position is closed, waiting, everyone can find their Holy Grail.

[hiCis]

It looks like the DAX will keep going up. Everyone can find their Holy Grail.

[NresysSi]

The DAX already has its clear target. The target is 10,424, I will sell on Monday. So keep selling, that this target is insured.

[TkaxscaSaCor98]

I have a similar system... and it works pretty well.

[cruCus]

Hi Tai! I've been following your threads about Renko graphics and also your Hurt Locker system. Is this diary based on either of those systems?

[hiCis]

Quoting Hi Tai! I've been following your threads about Renko graphics and also your Hurt Locker system. Is this diary based on either of those two systems? This journal is based on a different strategy than I've published before. It has no similarity to the previous ones. Everyone can find their Holy Grail

[axresywu]

Okay, green pips for you!

[hiCis]

10.649 10.570 Everyone can find their Holy Grail

[hiCis]

I entered short in 10.582, waiting for it to correct. SL tight, TP ambitious. There are no certainties, only probability.

[hiCis]

It looks like the bullish DAX movement is running out, watching the resistance zone in 10,630, and if it breaks down, I'm going out. If it fails, I'm going in stronger again.

[ResstesVubz]

Do you think it's wise to keep selling in an upward trend? Sometimes going against the current just drowns you faster.

[hiCis]

It is not to go against the current if you understand the moment of the market. The euphoria also has roof. The key is to enter when everyone is blinded by greed.

[Cuska69]

I don't see any analysis behind it, just magic lines and motivational phrases. Where are the statistics? Or are you just throwing coins?

[hiCis]

If you expect university thesis analysis, this thread is not for you. Here you share what works, not what looks good on paper.

[jcesyak]

It's not for nothing, but without context or clear strategy, this looks more like a journal of impulses than trading. Good luck with that.

[hiCis]

Thank you for your concern, but my impulses pay bills, and if it doesn't serve you what you read, you can always keep scrolling.

[CuronouzCondu]

I'm interested in your approach. Do you use any indicators or is it pure price action? I've seen that you don't mention anything technical.

[hiCis]

Mainly price action, supports, resistances and volume behavior. The best indicator is between your ears.

[hiCis]

I closed the short with +37 points. It�s not much, but it adds up. Waiting for new input after recoil.

[hiCis]

10,615 critical zone. If it breaks, I change the plan. Patience, which the market does not reward the impatient.

[Unsesnuuty14]

Thank you for sharing your vision.

[hiCis]

Whenever an operation closes in green, it is a victory. Do not underestimate the small and consistent benefits.

[raatTsn]

I've seen a lot of threads like this end up ruined. What will you do if you lose 50% of the capital? Just curious.

[hiCis]

Reevaluate, learn and follow. There is no risk-free plan. Failure is only final if you decide to surrender.

[SickyTavo]

I like your attitude, but do you have some kind of risk management or is it all intuitive? Because starting with $251 doesn't leave much room for mistakes.

[hiCis]

Of course there is management. I never risk more than 3% per operation. The key is to cut quick losses and let the profits run.

[hiCis]

Possible setup for tomorrow: short if there is strong rejection in 10,660. Confirmation with reversion candle in H1.

[jtto.Nesbrogess]

This type of content is worth reading. Sure, direct and useful. Thank you for contributing.

[hiCis]

I have learned that less is more. Too many indicators only cloud the view. Price, volume and common sense.

[Nyz]

Have you considered using Renko in this strategy? I saw that you talked about it before. It could leak a lot of noise.

[hiCis]

Yes, Renko is an excellent tool, especially to confirm trends. I use it in the background, but the decisions I make from the main graph.

[hiCis]

Update: off the market for now. Price is in no one�s area. I�d rather wait than guess.

[NSuTaaAxx]

Finally someone who doesn't throw himself out of boredom, I applaud your patience.

[hiCis]

It makes me laugh when someone says �keep going up, so buy.� The market is not an elevator, it�s a trap for impatient people.

[Sunoresy]

Boom, that phrase is worth gold, I'm gonna tattoo it.

[hiCis]

New open short in 10.662. SL 10.685, open TP. We will see if this time you turn around as expected.

[hiCis]

The entry was good, but I closed with +12 points. I was not convinced by the price stock.

[axresyjttosesnra]

Better a cowardly way out than a heroic loss.

[hiCis]

Some days the best trade is to do nothing. Today is one of those days.

[hiCis]

Patience, discipline and management, without those three, no matter how good your entrance is, it's the trinomial that keeps your capital alive.

[esndybaygSwz]

Many want the perfect entry, but they manage as amateurs. Thank you for remembering.

[hiCis]

I went in long on 10.611. S.L. adjusted, looking for breakout. If it doesn't take off soon, I leave without thinking about it.

[hiCis]

It broke, but without strength. I closed with +19 points. Add and go.

[S96]

With that record, I assure you, you multiply that account.

[hiCis]

The hardest thing I have to do is not overoperate, sometimes I'm saved for a little bit of ruining a good day.

[NusuacesrStt]

That is the real enemy: self. Mastering the mind is more difficult than reading a graph.

[hiCis]

10,690 may be the tipping point. I am attentive, but without forcing entry.

[hiCis]

We close week with +84 net points. It�s not spectacular, but it�s constant. And that pays.