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Sorry I made an error. Its FIB level 38.2%, not 26.2%

Thanks for taking the time read this journal, increasenow! 1- still sim trading. need more practice. 2- once I can achieve more than 50% of win rate. 65% will be the best. Once I can trade like robot, no emotions. Once I can master all the patterns and setups. 3. only 1 contract. Then will...

:D haha! So true. Btw, Been to that most expensive seafood-shark fin, albalone restaurant in HK? I think it's called "Fu Hao"=Big Boss restaurant. If I can be CP by the end of this year. I would love to take my mom there on my next trip:P

No need to apologize:p I do use FIB sometime.swing high to swing low on previous leg, previous retrace, then found confluent zone. But I only use my eyes to measure while intra-day trading. I copied your method on YM. it was 23.6% level FIB retracement level was the turning point. And...

Only traded the last 2 hours today. Only 2 trades were taken. I had been very patient today waiting, waiting and waiting for the “perfect” set up. I listened to one of seminars about E-mini S&P on INO TV over the weekend. It was an old recording session. But it’s pretty insightful. This...

I have some relatives and friends who are in China doing some swing and day tradings. I am very worried about them since they don't really know what they are doing. They simply just buy, buy. buy and hold. In the past few years, some of them are very very profitable. Market handed lots of people...

~~~: Thanks for replying me back. Always nice to know traders in Asia market I can learn from. I agree with the mentorship part. You are very lucky. Great mentorship can save a trader so much time and finance in learning process. I had been searching a mentor on my own a while back, including...

It could have been a day to make a great fortune if I had stayed in with the trend. I for sure didn’t catch the opportunity. I continued to take some trades I didn’t think through. And leave wide stops. The gap open down + first 3 bearish bars indicate the trend for today is highly...

Very cool! Hopefully I can build up this type of "common sense" soon. Thanks for help again!

Today is one of those “screwed up” day. Didn’t follow the rules. Turned winners to losers again, set B/E stops prematurely, set up large stop loss. Over trade, make “get even” trades. Day like today, I should have taken profits quickly. While watching green P/L gets higher, my...

Today is the day I should have stayed with the major trend. But my impatience pulled me out. During lunch break, I was listening Larry Connor’s Audio about “high probability trading” on INO TV (signed up yesterday), he briefly mentioned money management is the hardest part in trading...

chart with trades

Whoever traded the opening or the closing today can make a great and efficient profit. Today is the day with Gap fill and late day reversal opportunity. I for one didn’t catch any of them. I traded from 11:00-12:40. Got killed by volatility at 11:00, Long switch to short , short switched to...

Those red long body candles happened yesterday has been on my head since last night. This morning I was listening to some webinars about order imbalance, rally based drop etc. Suddenly it inspired me. I took a look at yesterday’s reaction. Looks like this long red candle could be warned before...

Thank you for corrections. I am very interested in Market Profile and Range bars, but not now. Now I want to focus on this Bar by Bar thing, get comfortable with time frame, get more accurate on entry and exit, and practic , practice and practice more on my set ups. Trade untill I have no...

Thank you, Pookie! My goal is to achive 60% win rate, follow all my rules and to trade with no stress before go on live. Hopefully I can get there soon...

Is it "floor trader pivot" indicator? the lines are different with my daily pivot points. The formulas should be the same, right? PP= (H + L + C)/3 R1 = 2P - L S1 = 2P - H R2 = (P -S1) + R1 S2 = P - (R2 - S1) Are you also using Market Profile?

Woke up late this morning, I only traded the last 2 hour session. Missed the early morning move. Total 3 trades today. +$167 Took a reversal trade and it came out nicely. Took profit too quickly again. The second trade was a buy at pull back, it worked out nicely at first and I set my...