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Ivo, this is exactly where I am at as well. I echo your sentiments. Since I have never seen anyone actually trade the JH method in real-time, it is kind of hard to know how one makes the leap from annotation to simulation to real. For me personally, trading real forces you to have patience...

I sometimes use the slope of the LTL to project where a point 3 may fall, sort of "channels in reverse." Does anyone else do this? I find that sometimes it is quite reliable when used in context of channels, guassians and the 20sma.

The 20 SMA is also one of my primary tools for identifying FTT's. When price has been in a channel and has gone through 2 or 3 retraces, and a couple of VE's or more and it is well above (or below) the 20 SMA, you KNOW that a FTT is coming up!

Here is a simplified chart of today's ES. I find that next to channels and gaussians, the 20 SMA is THE most valuable indicator. It serves as a wonderful guide. Nearly always, the 20 SMA will be contained within the forest level channels on a 5-minute chart. I find the 20 SMA (along with...

That's what I've been doing at the start of each morning to get a feel of the price container for the start of the day. Here is today's channels before the market open. cnms2, is this sort of how you do it as well?

I second that! (not on the 10+ points), but on the thank you to Jack Hershey and Spydertrader. Have a great Thanksgiving everyone!

Todays ES. There were some really nice trades today if you stuck with the basics IMO.

I hope some of you caught that nice action on bar 38. :D I made some notes on the chart as I saw it unfolding. Feel free to comment.

Here is my ES for today. I caught a good chunk of that "rocket" starting on bar 71. I have reintroduced the YM and tick charts back into my monitoring. Things seem clearer the second time around! :p. I still have a ways to go, but every day I build more and more confidence by taking very...

Tums, are you going to leave us dangling?!! Tell us how suprising. :p

The tapes of the first 2 or 3 bars seems to be a pretty good indicator of an "M" or "W" :p Thanks for posting the charts TIKI

Sometimes you have to disregard the first bar, so it could be the tape of bars 2 and 3.

Here is my 5-min chart for today. Looking back at previous charts, to determine if the day will be a "W" or "M" day, I have noticed that the tape of the first two bars from the market open seems to indicate the direction of the first leg. For example, if the tape of bars 1 and 2 are down, then...

Here is my 15-min ES for the last two days. Very interesting depiction of the bigger picture.

My 5-min ES today. I only made two trades today (-0.25 and +3.75). I missed the big move at the end of the day although I watched it unfold before my very eyes! :mad:

A very fine day :p

My morning thus far. I made some observations regarding tape width.

When I start my day, I always look at the 15-min chart from the previous 1-2 days to get my mind in gear. I can't tell you how much my trading has improved by annotating the 15-min chart as part of my routine. It makes holding through flaws much easier IMO.

My ES for today.

My morning thus far...