Dave from Sydney's Journal [Awarded Title: the Box-Trader]

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Dave
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Re: Dave from Sydney's Journal [Awarded Title: the Box-Trade

Unread post by Dave »

I heard a great interview on the radio over the weekend that had excellent application to what we do and discuss here. It was a sports program and the interviewee was a sports psychologist. He focused specifically on the psychology surrounding the daily habits of elite athletes. He was discussing the daily operating procedures of athletes that support the results that they aim to achieve. These are the non-negotiable, every day, not necessarily exciting but constructive habits that contribute to the end goal. These daily habits are approached with a peaceful mindset and calm energy that allows self-management from a performance perspective. Just like brushing our teeth, or ironing a work shirt each day, or having a shower, these habits form the regular routine that takes place every day and contributes to their success. For example, if an Olympic level rower needs to meet their training partner at the river at 5am on Tuesdays and Thursdays, then this is a non-negotiable requirement of their training and an essential part of their preparation for the performance and execution of their skill. If a cricketer walks out to the pitch before the start of the days play and visualises the bowler running in and how he will react, not premeditate, and play his shots along the ground and into gaps and to the boundary, then this mental preparation is a non-negotiable stage of building the mindset required to score runs. It’s interesting how so often through society we tell people one thing but do another. Why do we tell people we’re dedicated to going to the gym each morning but hit snooze when the alarm goes off? Why do we tell people we’re eating healthily at 11am but jam a cake into our face at 2pm? Why do we tell people we have a disciplined and consistent trading method but take impulsive and ill-disciplined entries?
These are not traits associated with those that excel. They create non-negotiable habits and behaviours in their everyday lives that contribute to their goal of elite performance and success in their chosen field. So just as athletes create a mindset and peaceful energy that allows the consistent application of their daily habits, we too need to focus on the habits of our trading that will contribute to our end goals. And then not stray from them!

Still waiting for my new internet connection….. so charts remain off for now :-s
Now, I choose to make a profit in trading.
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wiseambitions
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Re: Dave from Sydney's Journal [Awarded Title: the Box-Trade

Unread post by wiseambitions »

That's a brilliant piece you wrote there Dave

I recommended a video a while ago, and it is packed with gems all really reinforcing the same message. I really must study it a couple more times soon

I wish more people would come on here to share something on their journals

[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)

1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]

"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
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Tomi
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Re: Dave from Sydney's Journal [Awarded Title: the Box-Trade

Unread post by Tomi »

Thanks for sharing the interview Dave. Good daily habits and routines help us to achieve the goals!
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Dave
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Re: Dave from Sydney's Journal [Awarded Title: the Box-Trade

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Well, after a couple weeks of banging my head against the wall my internet woes have been fixed! Looking forward to next week and the opportunities that will present.

Ps. Now that we're all looking for new peaks in The Hunt, has anyone coded a simple alert indicator for when this happens? I know it's easy to see but with trading corresponding with evenings at home it'd be very handy to have an audible alert go off when a new peak or cross of zero line occurs.

Happy days
Now, I choose to make a profit in trading.
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Re: Dave from Sydney's Journal [Awarded Title: the Box-Trade

Unread post by immy »

The Hunt Indicators ONLY prints a signal when it checks All 4 Questions of Grants Seed Flow Chart, including the all important Q1, is there a new peak, it has a supporting Grant AO that it runs in the background which checks is there is a new peak on eWave. Both The Hunt Seed and The Hunt Cherry Indicators are connected to this background AIMS Grant AO that Steve coded for us kindly. The Hunt Indicators are pure and filtered organically produced in the wild of AIMS The Hunt Land...

cheers
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Dave
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Re: Dave from Sydney's Journal [Awarded Title: the Box-Trade

Unread post by Dave »

immy wrote:The Hunt Indicators ONLY prints a signal when it checks All 4 Questions of Grants Seed Flow Chart, including the all important Q1, is there a new peak, it has a supporting Grant AO that it runs in the background which checks is there is a new peak on eWave. Both The Hunt Seed and The Hunt Cherry Indicators are connected to this background AIMS Grant AO that Steve coded for us kindly. The Hunt Indicators are pure and filtered organically produced in the wild of AIMS The Hunt Land...

cheers
I need to catch up! I think the last couple months has moved faster than any progress I've seen here before (wd) ^:)^
Now, I choose to make a profit in trading.
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Grant
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Re: Dave from Sydney's Journal [Awarded Title: the Box-Trade

Unread post by Grant »

Dave wrote:
immy wrote:The Hunt Indicators ONLY prints a signal when it checks All 4 Questions of Grants Seed Flow Chart, including the all important Q1, is there a new peak, it has a supporting Grant AO that it runs in the background which checks is there is a new peak on eWave. Both The Hunt Seed and The Hunt Cherry Indicators are connected to this background AIMS Grant AO that Steve coded for us kindly. The Hunt Indicators are pure and filtered organically produced in the wild of AIMS The Hunt Land...

cheers
I need to catch up! I think the last couple months has moved faster than any progress I've seen here before (wd) ^:)^

Hey Dave,

are you still in the skype room? The Hunt is "only" for skype members at the moment.... :p

you may have to joint the waiting list if you aren't in.... (rofl) (rofl)

Grant
success = patience + discipline - greed
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Dave
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Re: Dave from Sydney's Journal [Awarded Title: the Box-Trade

Unread post by Dave »

Correct, I'll have to take a ticket!

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Dave
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Re: Dave from Sydney's Journal [Awarded Title: the Box-Trade

Unread post by Dave »

Interesting looking back at all these old pictures through my journal and seeing the same pattern over and over. We used to talk about M1/M5, then M5 seeds, and now Cherries and Seeds with The Monarch. To my eyes the most important thing is the repetitious pattern of price surge, new wave, pullback and continuation. Whether you choose to take your entries on M1 with The Hunt or on M1/M5 with a traditional S1, the price action is the same. It's market structure, waves within waves, fractal geometry etc. Take your entries at the start of the resumption of the impulse move, at the peak of the retracement, on the first sign of continuation :-bd :-bd
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Dave
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Re: Dave from Sydney's Journal [Awarded Title: the Box-Trade

Unread post by Dave »

Hi everyone, hoping to initiate some discussion regarding peaks and troughs of eWave, and how examining the pullback relative to the previous pullback can help us filter based on eWave momentum.
In each of the following pictures, point A represents the peak of the pullback, and point B represents the point at which that peak is exceeded and therefore the momentum of the wave is decreasing. I'm calling this 'pullback divergence', but it's basically a new peak in the opposite direction to which The Hunt currently validates a new peak in the direction of price movement. I'd like to hear if anyone takes this pullback divergence into consideration when assessing entry setups. Nice one! :-bd
Screen Shot 2016-03-11 at 10.39.51 PM.png
Screen Shot 2016-03-11 at 10.37.47 PM.png
Screen Shot 2016-03-11 at 10.35.33 PM.png
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