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Marketsurfer, I too believe knowledge is power in this game and not just market knowledge. I was wondering if you could briefly list some of the magazines you subscribe to. I generally read: Futures SFO Magazines US News & World Report. Thanks in advance!

Stockfrosty, Thanks for the constructive criticism and for continuously reading my journal. It has undoubtedly benefited me in numerous ways. As to trade#1, I entered prematurely and didn't wait for divergence confirmation via my MACD indicator. Once I realized MACD diverged a few...

Not much trading activity from me today. Trade#1 – [Short 1015.75 11:53 EST & Cover 1015.50 12:20 EST] Divergence was on my 1-minute chart but this trade never developed like I wanted it to. Trade#2 – [Short 1018.75 14:20 EST & Cover 1019 14:39 EST] I saw the resistance building...

GG, Definitely timing your indicators can result in price indicator(s)divergence and having the perfect interval settings can lead to profitable trades. To me, divergence is a highly reliable signal (especially if they're timed at a good setting) and I try to never avoid a divergence...

I don’t have anything positive to say about today! Trade#3 was incredibly horrible considering price was in a massive downtrend. I took a trade against a major trend. Trade#1 – [Long 1018.25 10:19 EST & Exit 1018.25 10:42 EST] Divergence was on my 1-minute chart but an avalanche of...

Today I just didn’t have the patience to wait and normally I don’t have a problem waiting for something to develop. Like usual, I missed a few good opportunities but I’m working on quicker entries without Hesitating too long. Trade#1 – [Short 1026.25 9:50 EST & Cover 1026.50 9:56...

I missed the opportunity to go long after price broke out from its short range earlier in the session. I continued to press the short side throughout the day off of some strong resistance levels. Trade#1 – [Short 1028.75 10:18 EST & Cover 1030.75 10:22 EST] I don’t know why I chose to...

A lot of movement with price today which resulted in some good and bad trades, not to mention missed opportunities. I was predominantly long the market coming off of yesterday’s desire to be short. I realized at the last minute that today was a good day for taking quick profits. I’m...

Up and down day but good enough to snatch a few points considering the trend. For some reason I wanted to press the short side and consequently got burned early on. I made a few mental mistakes but I was more cautious with my short positions after coming off of yesterday’s gains. I’m...

I returned too late to trade and I was exhausted from the holiday weekend. But I'm preparing to trade for tomorrow as we speak. I read today was an explosive day, with the SP500 Index setting new highs. Great! I hopefully the primary trend will continue. Check my journal tomorrow...

The tick chart wasn't helpful for me, and that's only because I'm such a new trader that I don't want to overwhelm myself with data, how it's displayed, nor an aresnal of other indicators. Maybe after another six to eight months I'll figure out how I can work it into my repertoire. For now...

Perfect trading day for the trend with multiple opportunities to make some money. Today, I did some things right and wrong but more importantly I learned something new. I’ve never considered signals prior to major trading because I felt pre-market activity could skew indicators. Have any of...

I wanted to get you alls input on pre-market signals (divergence for my system) and how you may react. Prior to major ES trading, my %D was showing divergence (See chart). Do you consider pre-market signals before major trading starts or do you generally try and wait for signals after major...

Visiontrader, I wanted to get your input on pre-market divergence and how you react. Prior to major ES trading, my %D was showing divergence (See chart). Do you consider pre-market signals before major trading starts or do you generally try and wait for signals after major trading? I...

VisionTrader, I've been waiting for you to reply. We trade similiar setups. As to the DT, I'm incredibly slow entering the market. I've been having trouble with my entries lately and I'm in the process of solving my problems. As to the trade, I wanted to see if price would continue to...

Again the market lacked any form of a trend and stayed in a tight trading range throughout the session. I focused heavily on not missing any opportunities. I actually practiced using a stop to enter the market. Because I have limited experience, over the next two weeks I’ll use trial and...

Stockfrosty, You offered a lot of helpful pointers. I truly need to train myself to accept the uncertainty of every trade, hopefully that'll be the key to me entering the market in a timely fashion. This time around I didn't set the entry stops accordingly nor did I walk myself through a...

Today was a perfect day for trend trading except during the long consolidation period. I’m embarrassed to say I’ve made the same mistakes from last week and each week before. I don’t know what it’s going to take for me to just enter the market in a timely manner. And this afternoon...

Super tight trading range early on in the session and the market lacked any form of trends. I decided to place trades based upon price action with a lot of caution. I focused heavily on reducing my most frequent errors but market activity was dull and not conducive for a trend trader...

This weekend I had the opportunity to spend three hours studying. Usually when I study I review my most recent trades; looking for what went right and wrong. After studying I realized I made additional errors. I misread my stochastic (%D) several times this week which unfortunately...