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Good day for trading but I didn’t make the best of each signal that formed. I missed some good entries in the afternoon because of my internal emotions about live trading. I don’t know what’s my problem but I’m setting a goal over the next 3 weeks to start slowly so I can get my...

Tradersaavy, I don't trade on Friday's. Today I was highly selective with all my trades even in the simulator (2 paper trades only). This market just wasn't conducive for the best buy & sell divergence signals. Early on a good long signal develop but I avoided it because of the ISM data at...

Wow! How shady? I love playing momentum divergences on a 1 minute chart provided price isn’t trending. Based on your signal & chart setup, I would have entered once divergence is confirmed. It appears as if MACD divergence confirmation occurs at label A around a price of 1047.50...

Nkhoi, Are you referencing the missed short opportunity? I'm not understanding what you mean by chopsticks top. Are you talking about the two doji candles?

Early on I placed several trades via my simulator to help me prepare for live trades in the afternoon. Initially I had some platform problems and I missed a shorting opportunity at 14:30. I resolved the problems and by that time price was in a downtrend. My goal was to catch the reversal and...

Boomer, You're not doing your homework! You can find this information at any webpage discussing s/r numbers. There are several formulas available. You can even tweak the calculations to your liking. For instance you can take an average of the past two trading sessions with either formula...

tt1452, In regards to the Fannie Mae news release I was completely oblivious to what occurred and I didn't know real-time. I definitely learned a lot from today's session. I don't find it uncommon that big news reports can rock the markets and you can expect it to happen 5 to 6 times a...

Trade#5

Early on I made some good trades but later in the session I had a lot of mixed signals about my trades in which caused me too much indecisiveness. Market turned crazy later in the session! Trade#1 – [Short 1043.75 10:06 EST & Cover 1042.75 10:30 EST] [ P/L: + 1 ] Good divergence signal...

Didn’t trade much today but I wanted to get some valuable feedback about other oscillators I should have at my disposal to confirm immediate trend change. Read my question carefully and give me some valuable feedback if you can. Thanks in advance! Trade#1 – [Short 1036.00 10:36 EST &...

Trades 4 & 5!

Really weird trading session for me. I executed all long positions today and felt good about it. I have more confidence in going long now but I need to be flexible with resetting my stop because some trades take time to develop. Trade#1 – [Long 1032.75 10:45 EST & Exit 1031.75 11:00...

AMT, I watched the entire game this weekend and I must say I was a bit frustrated with the Vikings defense. They missed a lot of important tackles that changed the tide of the game. Nevertheless, next week they play Green Bay during Sunday Night footaball. This will be a big game at...

Trade#7 – [Short 1029.00 12:16 EST & Stop 1028.75 12:39 EST] [ P/L: + 0 ] Went short again off a mediocre signal but the trend had not changed direction yet. It finally changed direction after my 2nd lower high on %D but I didn’t want to hold the position long enough Trade#8 – [Long...

Mixed trading session but I was able to place trades on both sides of the market. One thing I learned from another experienced trader today was “Having a bias Long or Short is ok. However, it's your responsibility to trade what you see and not what you think.” I started with a short bias...

Porgie, What's up? Thanks for wishing me the best in my trading because I definitely need all the encouragement. Since you've been posting to my journal I never mentioned anything negative about your replies. However, most of the time your input doesn't relate to what I'm trying to...

Fast, I was definitely thinking about re-entering off the double bottom but I just avoided it. 20 minutes later my price feed dropped. Then more technical difficulties. Better luck next time!

Trade# 3

Was able to place trades on both sides of the market today. I had a few technical difficulties in the afternoon which caused me to stop early. Trade#1 – [Short 1033.50 9:50 EST & Cover 1033.25 9:56 EST] [ P/L: + .25 ] Price broke my support level of 1034.50 and I went short. I...

Tradersaavy, I have really grown too accustomed to reading the 1M chart and sometimes I don't ignore it during trending days. This is a hidden problem that occurs infrequently, and when it occurs it's not readily apparent. For instance, yesterday I took a signal against the trend and...