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Guess not: http://www.elitetrader.com/vb/showthread.php?s=&postid=3570304#post3570304

Your "keep it simple" is different than my "keep it simple".....doesn't make me an idiot and you a genius :D

Maybe if you are a swing trader, but daytrading requires much more precision and attention to entries/exits. When trade setups are in the process of being validated, I have no time to post here, check email, surf porn etc etc. So a journal would be pointless for very short term traders.

No, it's not the real question. Who knows RIGHT NOW. At least that's how I approach each day. Analyze only what is presented, trade only based on my rules and leave all the rest for the pundits and jokers on ET to fight about :D

I probably trade shorter time frames than you so while you are still in a "downtrend", I'm getting a signal for a new uptrend. If it continues with force...great! Buying/shorting capitulation works too, but like every method, you have to be on top of those critical moments otherwise you'll...

Uh, that was ONE long entry. I daytrade, so I'm in and out a lot during the day. I also got long at 11:06 and again at 11:35.

Did you not read my previous post about .95.....does this sound like an ES price to you? It was the SPY, LOL. But I do also trade the ES. I have no idea the answer to your question, I know only the very basics of the "hershey" method. I recall he uses YM, I don't. He uses something called...

I started trading and had a method in place LONG before I ever heard of Hershey. Does that answer your question.

I got long at 12:21 because the 12:20 bar traveled to at or above .95 and on increased volume. That was a setup based on my method. The longer frames were in long mode for me and the short frames did what they had to to trigger a trade.

Those are the 5 min bars I used, but my exact setups/trade moments sometimes came within those bars. 10:27 being a prime example of a cycle that finished on the 1 min and aligned with the 5 min sentiment for a short entry. But there is quite a bit of love for the 0 and 5, no doubt about it.

LOL, poor Ocean5. It's not nice to pick on the weaklings, Jack.

Been trading since 1998, fulltime and profitable since the end of '99. Ok, maybe it's easy for me to be perplexed when I have a lot more experience and a finely tuned approach to draw from but even still, I think for even an average trader, today was pretty easy (pre 3pm). I don't mean easy...

Seriously, how do you guys trade? (the ones who complained about getting faked out today). Do you constantly survey each price(price/volume) bar to see whether sentiment is continuing or shifting? Or do you see a trend and expect that it will continue and look to short/get long on retraces? Or...

http://www.elitetrader.com/vb/showthread.php?s=&postid=3574768#post3574768

This is Trader Tuesday! Amazing intraday PA so far.

I find Old Homestead to be overrated. Yes it's been around forever but ate there twice and neither time was memorable. Wolfgangs on Park Ave is a must try!

So Crates has a good point, peoples definition of "scalping" seems to vary.

I don't know what your time horizon is, but if you daytrade like me, you gotta throw this notion out the door that price is "too high" or "too low". The big market movers set the tone, our job as smaller participants is to follow their lead. If PA is dictating price going "too high", so be it...

With such poor people skills, I hope you are as intelligent as you think you are. Your writing style doesn't exactly inspire others to want to help you.

Climate change, yes....global warming, not so fast. Do you know how much snow NYC got last year? Insanity. This year, almost none. No doubt the weather is changing but there seems to be no rhyme or reason.