Today was the first time that I striped my Iaito for cleaning and inspection. The tang is in good condition, and the mekugi is still sound and usable. After cleaning, I duly reassembled the Iaito. This reminds me of my National Service days when stripping and cleaning the AR15 was a daily chore!
Archive for February, 2007
The market has closed above the maximum extension with a bullish directional candle. This event is now hinting that the bullish trend can possibly sustain. If market can close with bull bars above the maximum extension for 2 consecutive days, I will change my stance from range top to acknowledging bullish trend continuation instead.
12M is in bullish upswing; 13W is in bullish upswing;18D is also in bullish upswing, but has reached Demark exhaustion. In addition, the 18D swing is highly overbought statistically, in both price and time.
12M is in upswing, but is now in the 12M primary sell zone; 13W is in bullish trend; 18D is also in bullish trend with new Demark exhaustion.
NLP practictioners accept four states or levels of development before mastery can be attained. The raw begiiner starts as the unconciously incompetant, who moves on to becoming the conciously incompetant, who levels up to the conciously competant, and finally evolving into the unconciosly competant state, the state of mastery.
Current research has enhanced our understaning of mastery. Here is an article from Innerworth… Continue reading ‘The Stages of Mastery’
12M is in complex upswing (probably corrective) with Demark exhaustion; 13W is in upswing of sideways range; 18D has triggered Market Profile sell signal with Demark exhuastion. Expect Lean Hogs to test the range low
This interesting article is from Innerworth…
Profitable trading is a matter of survival. When starting a trading career, the risks are great. How you handle these risks can be the primary factor that determines long-term success. Continue reading ‘Surviving the learning curve’
The Demark exhaustion signal is now active and is looking to trigger a buy entry
When I first started learning Ray’s version of Market Profile for position traders, I also learnt that statistics play a crucial role in deciding the 2nd most important question: Is the trend likely to continue or to change? Continue reading ‘Using Statistics in trading’
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