Recent content by Last

  1. Last

    Serious qn - What's stopping USDJPY trading to 170 or 200?

    I decided to go long off of the reaction to that Oct 3rd low being swept. Decided to close today at +4R ahead of the long weekend.
  2. Last

    How do you Avoid Chop without missing the break (intraday)?

    Here's a trade I took on Monday that illustrates what I'm saying. I'm in central time zone, so entry time would be forward an hour in NY time. Notice how choppy NY lunch was, and then right at the top of the hour/end of lunch, sell stops got raided to fuel that breakout.
  3. Last

    How do you Avoid Chop without missing the break (intraday)?

    Well, learning when stop runs tend to happen can help a lot with that issue. I bet a lot of those failed attempts are in those time windows where stop runs usually happen. I think its easier to just wait for everyone to get blown the fuck out like clockwork and just transact with them. Just my...
  4. Last

    How do you Avoid Chop without missing the break (intraday)?

    I had a 35% win rate last month and still made money. Don't necessarily get scared off by a low win rate. It sounds like I am similar to you in the sense that I've never had a problem honoring my stops. I don't widen them or trade without them. That is a huge mental/personality advantage to...
  5. Last

    Risk/Reward Ratio

    How do you stay patient in situations where maybe you are repeatedly scalping out too soon or holding winners too long? Like for example, I will maybe scalp out too fast on a few trades that end up running to my "best case scenario" targets, and then I convince myself to hold the next winner for...
  6. Last

    Journal from a lurker who just made his first post on ET

    Here's a rundown of the trading I did today. Would be easier to explain in a video but I'll try to break it down into a couple sections. 8:30 - 10:00 1. I went short thinking the overnight low may be targeted, so I was fine taking the loss on that one. I could have scalped out with 2 points...
  7. Last

    Val's Discretionary Trading Journal

    There is a nice trend line coming down on the ES 1D chart which has been defining the bear market for me and held this week as well. I was surprised to see the bullish sentiment from a lot of people coming into this week for that reason, yes there was the 50 bps and cooler cpi print, but it...
  8. Last

    Journal from a lurker who just made his first post on ET

    Not that anyone is asking, but just wanted to give a quick update: The tour got postponed until April due to some visa issues with the co-headliner, so had to kind of reset my countdown for that, but still looking forward too it, perhaps even more since it will be better, spring weather for...
  9. Last

    New study reveals insights on oceanic rogue waves

    This was the best post I think I've ever read on this forum
  10. Last

    Journal from a lurker who just made his first post on ET

    Just doing some scalping in this range, given the choppy conditions. Done for the day. The green arrows without trade markers are either trades I took in sim or ones I liked in hindsight but wasn't sold on in the moment.
  11. Last

    Journal from a lurker who just made his first post on ET

    2 losses 1 win. Last trade was live on MES under an ES chart, so there aren't markers. First trade was fomo, I mean to only take the first LH/HL when fading ranges, but since the actual lower high there was an outsized engulfing bar, I decided not to take it, then fomo'd into the next lower...
  12. Last

    Journal from a lurker who just made his first post on ET

    The first rehearsal for the upcoming tour was late Sunday morning after chili and bloody marys. Went surprisingly well considering we haven't performed some of the songs in the current setlist in a few years. For this run we are playing stuff off of all of our records since it's a co-headlining...
  13. Last

    Journal from a lurker who just made his first post on ET

    Took one long today. Wasn't fully awake yet, started worrying that I missed something and closed it out manually for 3 ticks.
  14. Last

    Journal from a lurker who just made his first post on ET

    found another one from September 2nd:
  15. Last

    Journal from a lurker who just made his first post on ET

    So here is the larger context I was talking about. Basically, I saw price get to where that sharp move down earlier started from, and then the rhythm changed, and since they didn't run the stops above that "important swing high", I'm thinking it may go down and target that "important swing low"...
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