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A couple of solid posts Hooti. Somehow I managed to stumble onto a few of them by accident. I will try to incorporate these into my journey.

Thanks for posting these Db, it helps to know if my charts look the same.

This is what I see on the 60 min chart for today. There was some talk yesterday in chat about the backtesting process and the scientific method. I have begun this in earnest so may not be posting as often. I will post as the process unfolds. Thanks

Thanks for the post Db , maybe it's starting to sink in after all. No, not maybe, it is starting to open up, just not as fast as I had hoped.

Good post Hooti, I don't remember where I first heard about VaP but that and Db's boxes made me aware of the concept of trading the edges. I still find myself in the middle of the TRs but am becoming aware of it faster. Good luck

I have struggled with this. I found dropping to a lower bar interval encouraged micro trading. the depth of a RET did (does) influence my feelings as a shallow RET doesn't retrace enough and a deep RET may be price turning. It seems to me there is a line in the sand where you take the trade and...

some observations for the coming day

Great post Db, as usual, your command of the English language and the material leave no doubt what to do next. Thank you

Thanks Game, I appreciate your comments. Am working my way through your journal over the last few days. Have found some helpful pieces of advice.

Spent the better part of last night reading over some older posts I'd printed out, and I realized I remember all this, the entire SLA protocol is only 6-8 lines long, The concept of HH's and LL's is easily understood, why is this so maddeningly elusive. This is not rocket science! Then I...

Was just discussing this with Niko in the chat. I was viewing the 60 min chart the same as a 1 min chart. He made a comment that if price traded below 76 He would be bearish, I didn't realize he was using the bottom of the bar, I was giving price more room. Is this what you mean by price risk vs...

possible behavior today

In the first post of my journal I stated I wanted to go back to basics. This is as basic as it gets , a written plan, a rough written plan but its a start. What kind of trader do I want to be Not sure, is the short answer. I have dreamed of daytrading for years. I like the...

yea didn't waste any time on the 2nd attempt thanks for pointing that out, pace and stride important characteristics of PA.

follow up to this mornings post #38, while rereading what I wrote this morning I realized I need to write more clearly and with more detail. while I saw price in a TR I didn't write anything about it, I will try try do better in the future. Price did respect the upper and lower limits...

some thoughts for early in the day

Thanks for a glimpse into the mind of a master of his craft, whether its trading, music or athletics , I have always found it inspiring and motivating.

This is from post #11 in my journal , I can feel myself sliding back into the "start the line here stop it here" routine. This isn't working , so I am going to go back to the VERY beginning. Rereading the HOW TO DO IT thread for the 2nd time, this time however I will do it step by step...

some observations daily chart price barely slowed down at the LSH, it did retrace then traded higher, with no visible R I would expect higher prices 4 hr chart since the lows of 2-5 price has moved steadily upward, hesitating just below the 3635 high which turned out to a buying...

Db would it be prudent to redraw the channel on the 60 min in lieu of recent PA?