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Trades 4 & 5!

Better trading session for me! I still need to work on taking more long positions when the signal appears. Too often I ignore them. Trade#1 – [Short 1044.75 10:18 EST & Cover 1042.75 10:40 EST] [ P/L: + 2 ] Early entry but divergence continued, went for a 2 point target. Trade#2 –...

Trade#6 was completely awful and I really don't have an excuse for it. I guess I was thinking it would reverse before a signal was generated and took a false one. After reviewing my charts more I realize I need to take signals from both my 1 & 3 minute charts. There were a lot of...

Started off right but couldn’t hold it together throughout the remainder of the session. I made money and gave it all back. At least I was able to execute some long and short positions. I need to keep taking both long and short positions. I tried going long off a good signal but I never...

AMT, The game was awesome. Looking forward to the next two games but I can't wait to see the Sunday night game later in the season against Green Bay. Talk to you soon.

Tradersavvy, Sorry for the late reply! The chart looked similar to my setups. I also considered his timing on MACD. As to Thursday's trades (10-16-03) you're right price ran for a good chunk. For now I'm just focusing on taking the right signals in conjunction with setting good profit...

Fast, In general, it takes a lot of discipline to trade, whether via simulator or live. The results of paper trading are extremely important because if you can't make money through practicing you surely won't with live capital. Whatever happens with your trading, just make sure you stay...

Perfect trading day with descent signals but I failed to execute on some good long signals. Overall, I placed good trades. Starting next week I need to be held accountable for missed signals (long or short). Trade#1 – [Short 1046.00 10:09 EST & Exit 1044.50 12:51 EST] [ P/L: + 1.50 ]...

Fast, Well, I noticed you gave yourself 2 stars out of 5 for the past two days. How did you do on your discipline? That still is the goal of your journal? Whatever happens stay disciplined and focused on following your plan, otherwise it may be to your detriment considering you're...

Just a quick recap of my trade signals. Divergence signals All of my entry signals come from my 1-minute chart. I almost never rely on higher time intervals for signals but once in a while I will take a signal based on my 3-minute chart but nothing higher. Counter trend pullbacks and all...

Today was a good day for trading, however I feel as if I didn’t make the best of it. A lot of movement early on and later in the afternoon session and I missed several shorting opportunities. Trade#1 – [Long 1050.00 9:49 EST & Exit 1050.75 9:59 EST] [ P/L: + .75 ] Good divergence...

After a long break I felt good about trading before the market opened. I think I was too ready this morning to trade that I started off wrong but it was a good wake up call. The rest of the day I was cautious and conservative. I missed a few opportunities but overall I’m happy I was on both...

I took a much needed 3 day weekend! Tomorrow's trading should go well for me because I feel more focused. Over the next three days I have a few plans for my journal. I can't wait to trade tomorrow! Wish me luck and you all will hear from me soon.

For most of the session I was on the sidelines do to technical difficulties with my charting package. I think I’m finally out of this rut. I put a long position on today which I haven’t done successfully in a while. Trade#1 – [Long 1034.25 14:13 EST & Exit 1036.00 14:18 EST] [...

At 12:08 EST on my 3 minute chart price bounced off my support level pushing higher during the lunch. I should have been long at 1032.50 but avoided it. This wasn't a divergence signal but rather a signal off a reliable s/r level...

Niha, I wasn't going to take this Long position after such a strong down move. I completely avoided it. I could have entered at 11:09 EST at 1032.25 easily.

Niha, I had several long signals. I wasn't going to take most of them and I think that's because I convinced myself not to. Sometimes I feel better going short. The signal came at 9:49 EST and I could have entered at 1034. However, ECON news was scheduled for 10am and I didn't want to...

Finally, I was able to stick to my plan and follow the rules. I didn’t deviate from my system today and as a result I produced some profits. Although I was a bit conservative and hesitant entering position I was able to manage each trade perfectly. Over the past four days I’ve been...

I was able to execute several trades but almost none of them were consistent with the market direction and today was a perfect day for trading the trend. My primary mistake is that I’m trying to catch every reversal signal and I’m avoiding the TREND. Reversal signals are good but they have...

Kermit, You're right! I realize that adding more contracts will eventually ruin me. I think I tried to copy a few traders via the #FuturesTrades room but as of today I will no longer do this. Thanks for the advice! Goal for today: 1) Place more trades 2) Don't just open short...