11:09AM EST - 11:17AM EST
SATURDAY MAY 11TH, 2024
5.11.2024
THE RAINMAN KEPT A DIARY
CHAPTER FIVE: TRADING AGAINST MYSELF WITHIN THE MARKET
WE AREN'T TRADING AGAINST THE MARKET. WE ARE TRADING INSIDE OF THE MARKETS. WE ARE TRADING AGAINST OURSELVES TO ACCOMPLISH THE GOAL IF TRADING THE MARKETS WITH THE MARKET TREND.
WE ALL AS RE BATTLING OUR OWN MENTAL ISSUES WHILE ON THE CHART. I HAVE AN ALGO MY MIND MADE UP. I HAD TO FIND THE TIMEFRAME FOR EACH TRADED PAIR FOR WHEN THE RAINDANCE WORKS.
FOR THE INDEX PAIRS I USE THE WEEKLY CCI 3. FOR SILVER AND GOLD AND MAYBE PLATINUM I'LL USE THE FOUR HOUR RAINDANCE. FOR THE CRYPTO CURRENCY TRON TRXUSD I USE THE FOUR HOUR RAINDANCE.
WITH THIS SAID NOW THIS IS THE ALGO. I FOUND THE TIMEFRAME FOR THE RAINDANCE FOR EACH OF THESE PAIRS. THESE ARE ENOUGH PAIRS TO TRADE. EACH PAIR GETS IT'S OWN ACCOUNT AND ONE ACCOUNT WILL HAVE ALL OF THEM IN THERE. I ONLY USE THIS ALGO. I ONLY TRADE THESE PAIRS AND USE THE PROPER RAINDANCE TIMEFRAME.
JUST FOLLOW THIS ALGO FOR EACH PAIR WITH ITS RESPONSIVE TIMEFRAME. I HAVE TO READ THIS CHAPTER BEFORE PLACING A TRADE. THE TRADE MUST BE OF THESE PAIRS AND FOLLOWING THE PROPER RAINDANCE TIMEFRAME. THESE ARE MY MECHANICAL RULES NOW FOR THE INDEX PAIRS, GOLD AND SILVER AND TRON TRXUSD.
APPLYING THESE MECHANICAL RULES WILL ALLOW ME TO DEFEAT MY LOWER INNER TRADER. I AM IN BATTLE AGAINST THE STUPID TRADER INSIDE OF ME. I HAVE TO DEFEAT THE WEAK ANALYST WITHIN ME WITH THESE MECHANICAL RULES.
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