Well, after 2 weeks of crappy moves after a month of great swings, I was beginning to lose faith the bigger moves would be coming back and maybe I should pull in the reigns of the stops and my weekly targets then, bang, it comes back to life and produces what I normally expect!

Faith damn you, faith!

I got my 500 weekly target so should have just believed!



----------------

Printed and stuck on my wall........

----------------...

wasp

When it comes to the markets, I am a firm believer of 3 things.

1: Support and resistance
2: Trends
3: Each moment is unique and should be treated as such

The problem is, I cannot practise what I preach.

Up until a month ago, I used S/R on the 240m charts and it worked well... It worked well for some time and thus, I really felt confident in my view of the market and fullfilled my 3 rules.

On the huge drop, I misdrew the important levels...

wasp

mix stock....

wasp

They are the pinnacle. End of. I know that but...

I would and should have made 640 pips of this drop and should still be in. I have actually given back 2 weeks of gains. Why?

In a nutshell, I had misdrawn my S/R. I see also how a smaller timeframe could compliment and help but the vital part I need to perfect is my S/R levels, especially when the prior S/R is so far back.

Had I placed the levels 5 points higher on each level, it would have been sweet....

wasp

Well, I totally and completely fucked up what should have been a beautiful week.

I am going to add to this but in the meantime, I have to calm down as at the moment, I only have one thing to say....

**** **** **** **** ***** you get the picture!


48hrs ago I was moaning GJ was dying a summers death.

48hrs ago I posted it would drop as shown in the dailies.

1hr ago I had bought into the drop 5 times and given back all of the last...

wasp