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tradersaavy, What's up? A few months ago I started incorporating trendlines and higher time frame charts into my trading scheme. Actually, several traders in #FuturesTrades room recommend this to me, along with lindq & igor via my journal. (Thanks all!) I use the 3 minute chart as my...

Better day but I wasn’t flawless with my entries and exits, tomorrow’s another day. Trade#1 – (PAPER) Wanted to test the strength of the previous low, got short on time but we didn’t breakdown below 1146. Covered trade and wanted to regroup for another similar setup. However I...

I took today relatively slow with my live trade. Had some technical problems with my internet connection early on. Trade#1 – Took small divergence short, entered relatively on time after long down candle confirmation. Price never pierced it’s prior low at 10:00 EST of 1140 and bounced...

Hopefully it'll work wonders for me too! As of now, this market activity is dull and the range on ES is tight. Maybe in the afternoon we'll get more action.

BigPunkin, Good catch on the alternate formula. There's a typo in the excel workbook and the alternate formula should be divided by 4. :) It's set up to calculate pivot by summing the H,L,C and dividing by 3 as this is the standard calculation. However, you can adjust it to your preference.

Boris1985, Not always the top because each session is different. However, 1149.25 was a previous day high and it proved to be considerable resistance in that area (as this is a new high in an overbought market)! I've seen price plow through previous day highs but I'm learning to exercise...

I've received several request via PM on how I calculate my support & resistance. At first I was reluctant to share this excel file but since most of you have helped me, I felt compelled to honor the requests. Attached you'll find the excel file I use to calculate SAR. There are three...

For those of you that follow my journal, I wanted to offer a helpful trading tip. Trading Tip Once a trade signal is confirmed, enter the market without hesitating and then manage your trade properly. The longer you hesitate to enter the market the less likely you'll be successful...

I didn’t make any money today but I’m satisfied with my attempt to be patient. I failed on a few of my entries and it cost me later in the session. Traded in the simulator and probably won’t trade live until I can be strict with my discipline. I’ve talked about being disciplined...

Rough morning but I was able to slowly bounce back in the afternoon. No live trades today! Trade#1 – Took small 1-minute divergence signal but price ran-up and tagged my stop. My stop was too tight on this one! *Short 1147.50 - 9:51 EST Stop: 1149.00 Target: 1144.50 *Stop 1149.00 -...

peterfigliozzi, Thanks, I was off today! Early on, I was paper trading to prepare myself for live trading in the afternoon but ended up breaking all the rules (watching my bid/ask screen). I guess I was a bit nervous! Yesterday I was incredibly patient but couldn't maintain that discipline...

boris1985, So what do you suggest? Should I dump my system and start trading the NQ? Should I try swing trading over intraday trading? Just curious!

Got off course today!!! Trade#1 – Tested a premarket signal at the open but it didn’t work out. Will complete avoid next time! My stop was pretty wide for that early setup. *Long 1137.25 - 9:32 EST Stop: 1134.25 Target: undetermined *Stop 1134.25 - 9:41 EST [ P/L: - 3 ]...

Will post trade results tonight! Traded via simulator all day.

Last November, I discontinued my live trading and went back to the drawing board to fix some of the issues that plagued my trading. Since then, I was able to focus on my errors, add new signals and learn new strategies for trading my system. Currently, I feel I’m ready to trade live...

I learned a lot from today’s trading! I will learn to adjust my targets according to current market conditions and avoid being over zealous on wanting to profit big on each trade. For some reason I wanted 4 points on each of my last 3 long positions and consequently didn’t make much at...

Missed sell-off early on do to some tech problems. I was able to quickly resolve the issue and catch the change of trend at the low of the day. Overall, my day was great and I’m extremely happy with my trading today. I was able to pull some nice points from the market today. Trade#1...

Wasn’t as disciplined as the prior two days but I’m still working on being successful with certain aspects of my trading. I realize I need to work a bit more on my chart analysis and always stay abreast of what the market is doing throughout the session. Trade#1 – Price slowly...

I’m happy with my trades today even if some didn’t work out the way I wanted it to. Trade#1 – I waited the chop out and decided to get short after we breached my pivot at 1126. I remained short although price showed small signs of reversing but didn’t breakout above the opening...

Monday 1/12/2004