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Choppy day. I'm up 1/4 NQ point out of 4 trades. I think I'm learning to not loose my shirt, aka AHG. Although, I've noticed that if I had given my trades a 'scalp' perspective today, I would have locked in a couple of points here and there where I ended up getting stopped for a loss...

Right. Gotcha. I think I mess with the stops to counter balance my miss reading of patterns. -Tech

A question for A, P, and all. If and when you start to "click" with good identification of patterns, do you find it is because you go though specific rules that are ingrained as successful, or do you find yourself having the 'feel' for the chart? -Tech

Great! I'm certainly not getting it. Practice practice practice. I keep getting stopped out. I fall victim of tightening my stops. This is due to getting hit by wider stops. I took the NQ DT mid swing break, but I placed stop way to aggressively. Question, Do you use strong and weak...

Anek, Here's a wild shot. Looking at your bottom pattern I see many s/r levels. Would this be excellent indication of a chop zone? So then I'd sit on my hands while price is within this bottom M? I realize this doesn't address the top and bottom aspect. -Tech

That was a nice break on NQ's D top failure. I'm trying to discipline myself where channels form. Once I see Confirmation of a channel, I just sit tight until it's broken. Easier said than done but I'm getting better. This helps prevent me from over-trading. -Tech

I noticed you posted this right when the long awaited break stalled on NQ. Good decision. I saw only 2 opps on NQ so far today. The H&S break and the big triangle break. -Tech

here's NQ daily.

FWIW, NQ daily has a nice break of resistance. So that big honkin' Triangle might become bullish. Although I caution myself to the idea of price wanting to test its new support. ...just thoughts. -Tech

Isn't that the same as an entry on a trendline break to the upside with an add on the break of the previous LH? Or does it need an over-all shape? -Tech

I'm done. Up 4 NQ points Today! I had some stupid trades in there. Good day for me. :) Tech

Caught it after the flag. Got out at an upside-down red hammer. -Tech

Of course. That's how I interpreted it.

Early development of an upside-down HS on NQ? Seems like a lot of support from 2104 - 2100 -Tech

Thanks for reminding me to put my mind on "wide". -Tech

Sounds good. I need to see today's low taken out.

OMG! My first real trade! I even added to the position. Exits were rusty, but nonetheless it was great. -Tech

Trail stops. How tight? I guess that goes with experience. I find smaller highs and lows when I go to smaller Volume bars, but they are usually too tight. Nice legit short break of NQ, right? -Tech

Suffered small loss(yay). But that's what I get for not waiting for clean confirmation. Price seems to be meandering. -Tech

Yes.