Search results

I think both your trades were good, you read the situations well. One thing I was thinking about is the volume push you wait for. I find it to be a dilemma - if you wait for volume to pick up you enter with the crowd. If the move gets faded you can easily loose a point or two, and your...

Only one trade on es, BE, so mostly an excercise in discipline, but I´m very satisfied with the day anyway, managed to read volume and pace very well and exited all three trades right before the market turned against me.

I was looking at that set-up you show, reason I didn´t take it was that there were a lot of reports at 11 and I never have a clue which one´s are important except for the feds. I took two papertrades on Eur and Nq though to practice, both nice looking retracements to 20 ema, both winners...

I´m actually reading the book right now, it´s great.

lol, my german... the only thing I understand is the quote from Kennedy (I believe it was him) "Ich bien ein Berliner", don´t even know if the spelling is right :) The thing I didn´t understand with the prv was the sheet showing lines with divergence towards the right upper corner. What is...

I didn´t look for a set-up, it had more to do with what to expect in certain situations. I´m looking a bit at the "big picture", trying to figure out what to expect after a trend day up, after a couple of flat days and so on and how this relates to the IT channels. I believe you have to have...

I´ve noticed that the last three gaps 30 dec, 3 jan and 6 jan - has behaved in a very similar way. They all started outside of the range of the prior day. The first day there was a random drift until the market touched the range of the prior day and then immediately changed direction. The...

Thanx BA, I missed that IT-channel line creating resistence, IT channels are sometimes more difficult to spot.

forgot about gif

chart

Lol... I saw that one Easy and was gonna write that it was the only valid entry I saw this AM, but I didn´t have any good sense of direction and no clear volume pattern, so I didn´t take any trades at all. Papertrading again, but I wanna treat it like if it was real and only take trades I...

yeah, papertrading is probably advisable for a while. again... :mad: Very good comments BA. I still expected the market to go down at 14:00, but at that point I had screwed up too much to wanna enter again. Yes, my entries really sucks, and I realise now that the strong moves at the end of...

On a side note the edge entry I showed you coincided with pt. 3 on a new channel. This happens a lot. It turns out that edge trading and sct dovetail quite nicely Yeah, I´ve noticed this too and I saw the set-up you showed that came at the same time as point3, but I was thinking "lunch-time...

According to this strategy, is the risk-reward always calculated from the high-low of the last swing? During really fast paced trends when there are almost no retracement at all but just the market going flat and very compressed for a while before the trend resumes - during these situations...

I took three trades today - long at 10.20, short at 13.10 and 13.30. 2 point loss in total. Both my entry and exit was really sloppy on the first one, but apart from that I can´t really see what I did wrong today. Maybe I shouldn´t have gone short before I saw a clear break-out of the range...

Thanks for the comments, very valuable. The time of the day made me hesitate a bit, I knew there was a risk that it was not a retracement but more of a random drift. Well shit happens, I try again tomorrow... I´m not really sure I understand the prv drills, but I´ll look into it...

He hasn´t traded that much I think, mostly longer term investing in stocks on the swedish market if I´ve got it right. We live far away from each other, took a year before he told me I had a little brother, so I´m afrad I can´t answer that many questions about his trading...

I wasn´t sober when I said I was gonna post charts with my trades, but I guess I have to keep a promise. :) I´m gonna trade most days this month, sometimes half the day, sometimes the whole day. I trade my dads account, so don´t worry about my economy, but mentally it hurts the same. If my...

the quote I made comes from the preflight document by the way

I think I got it from listening to one of the tapes. When jack talks about scallops he means the formation of volume between am- dryout - pm. Is Jack actually trading mini-sp500 on the tapes? I just listened to two of the tapes from september together with the charts from txuk, and they...