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  1. J

    SCTlearning from scratch

    wrapping up page 1 of the log. bar 18 is the lat 4. at this time you did the retro and already knew you had a reversal on bar 17. you also knew by anticipation that the cards said it was a hold thru for the turn a "b" turn in a "drift" type trend. as time passes you will see why the...
  2. J

    SCTlearning from scratch

    Here is a detail on the bar 12. as you see the three moves of the short are showing. M1 ended on bar 12 and M2 shows as a black retrace Then M3 is there on bar 14 and going forward on bar 15 (just wait and see. So I did an early exit according t the cards you made. for slower type...
  3. J

    SCTlearning from scratch

    the turn on bar ten and early exit. note how I spread my items for duplication around. They are near but out of the way. Often I dup stuff from nearby. (BM's and P1's , etc. As you see a lat is beginning soon. Up to now lats didn't slow the profit segments down. Anyway 1/6th of the day is...
  4. J

    SCTlearning from scratch

    after a brisk open there is a slow down and everything settles in to set the opening range.
  5. J

    SCTlearning from scratch

    here is a followup on the oopen annotating. As you see there were many trades in the first six 5 min bars Also note I put in the essential trading facts first and at my leisure I add the details.
  6. J

    SCTlearning from scratch

    Here are the entry and first three trades after the open.
  7. J

    SCTlearning from scratch

    this is the open call. Today (thursday, 15May14) the open will be long. Specifically, we are beginning the third move of a long on bar 81 of yesterday. This is the end of the CW's "retrace" where the market goes into a move to the FTT of the long. So the second trade after entry will be short...
  8. J

    The holy grail has been found

    very corny article...lol ...
  9. J

    SCTlearning from scratch

    Liz and I are always tossing around what to do with me. Since I'm on morphine nowadays we don't think about anything big or spreading over a long time line. My ALP is through the roof so we know a lot of repair work is going on somewhere. Here are some titles I was commanded to write down...
  10. J

    Is it possible earn 20% a year swing trading stocks.

    As you can see from his OP he has been taken in by CW and is emotionally caught in the usual anxiety, and fear of CW. He thinks a person has to make money very very slowly. Do you use Roman numerals for doing Arithmetic? Why didn't the Romans have a place holding concept?
  11. J

    Is it possible earn 20% a year swing trading stocks.

    The longest time you would need is 16 days. By trading a this rate and NOT compounding you can do 15 years at your requested level in one year of real market time. People from fifth grade on up have this potential. Girls are better than boys for reasons of heritage and genetics as I see it...
  12. J

    SCTlearning from scratch

    ugh. I forgot some charts.
  13. J

    SCTlearning from scratch

    whew!! it posted. as I mentioned you see a possible entry on increasing volume but it dies. From now on already be in the market while waiting. you can trust tha on very low volume nothing is going to happen. do this getting in ONLY WHEN THE 30 MIN VOLUME OVER ALL IS IN PART OF THE DAY...
  14. J

    SCTlearning from scratch

    Hi: You bring up many sensible points. And I will answer your concerns with a littany of solutions that I use. The set of rainbow rays you use on the independent variable is a very helpful tool. I feel it is what replaces risk manangement in CW type trading. Let me explain. The...
  15. J

    SCTlearning from scratch

    My time line stopped when I entered the trading world. chronologically a lot of people worked more or less independently during the time period you mention. Sort of like islands that had no interisland communications. As the decades go by Wall St. and Main St. both discover things going...
  16. J

    SCTlearning from scratch

    this is the best I could do. I treated it as a 30 min chart to make points for you. I did not have the option of using both 30 and 5 to show the interrelationships. hpefully to day you did the log for the day from my annotations; as you do it you will be filling in the right side where trades...
  17. J

    SCTlearning from scratch

    the above had two identical charts. Here is the missing one.
  18. J

    SCTlearning from scratch

    Here are the charts that cover the rest of the day. I can scan my logs so you can compare. thanks for the clean chart. I will annotate it completely and post it.
  19. J

    SCTlearning from scratch

    Take a blank log and do it for my annotations. note the re entries and early exits. This will clear up all aspects of the pink. attached is the corresponding 30 min
  20. J

    SCTlearning from scratch

    Here is today's chart as of now. the red dashed lines on the 5 min stand in for the pink after close I will get you caught up on your pending Q's. go bar by bar an use your 30 min chart properly labelled and every thing will fall in place. glance at the hold thru on bar 44 to see three bars...
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