More trades

Too many trades...

Today's session. Total of all this, 39 pips.

Going down

After the initial mistake (identical to this of previous post), I got the good direction (down). Total 43 pips.

My classic mistake

I still do this mistake, less frequently now : on the second trade i entered contra-trend and insisted to continue with this, despite the price lower hights and bearish CCI. The trend was obviously down.... Closed at -15 and then traded very carefully to cover the loss..

Frankfurt's bell

Fast and easy pips at 9:00 precisely, with opening bell in Germany (8:00 CET , 9:00 my time). The continuation of this was less obvious.

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..and finally, the single candle of 6:00-7:00 hours of the previous contains most of this chart on the left. We cannot go further : charts cannot subdivise 1 sec or half second or range 1, or 1 tick, it doesn't make sense. The analogy of price action with the mind-blowing world of fractals stops here. But here an other idea comes to mind with force : if the end of subdivision is (almost) axiomatically proven here, the possibility to move in opposite direction is mathematically possible : to move from 1 sec to larger time entities, to take the river in reverse, with accurate results.

P.S. the above has to be proven and the way from an idea to the proof of this can be long. Besides, as I try to convince my friend Andrea Oppenheimer, trading is NOT a rocket science, just a pattern recognition "game"...

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Continuing, the single candle/day of June, 30 on the previous chart, contains also a full hourly chart, this on the left.

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Taking the analogy from previous post (Mandelbrot's marvellous work ), let's have a look at EJ monthly chart:













The single candle of June 2009 contains a full daily chart, the following:

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