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TraderSaavy, I don’t quite understand what you mean by that. In what way is tick data more subjective? Doesn’t it print exactly what took place as the trade price when it happens? Do you have a minimum threshold criteria for what you define as a “divergence” such that if it is...

Hi Tradersaavy, I think taking partials is certainly viable if you want to capture the bigger moves and you can still do it within the same timeframe you used to enter. You can take partials when price reaches your target at the “piercing of the band” as you refer to it and tighten your...

Hi Awash, Nice to see you pick up the on-line journal again. Are you still working with your divergence indicators or are you using a different method now for entries and exits? Thanks. Kermit

Perhaps someday. I have yet to study the bond/note market. Not very familiar with them or how they react to eco news. Kermit

No way. I stayed clear of the Euro just before 8:30 EST and good thing I did. The spread got ridiculously wide and price went all over the map. Kermit

Much appreciated. That’s a wealth of information. Kermit

Thanks very much Baruch. Just the sort of calendar I was looking for. Kermit

Hi Baruch, Like you, I don’t trade just before major reports. I am familiar with key US economic data release times, but where can I get a listing of comparable European reports and their times that can directly impact the EURO, GBP and the likes? Thanks. Kermit

Yes, I agree.

Okay, I see. Thanks. Then is there a number of attempts you’ll try to re-enter and if they still get stopped out (small losses), you’ll just throw in the towel and look for a different opportunity? I have found that my upper limit for such is 2 attempts. Kermit

Hi Baruch, Would you have any sort re-entry method to handle instances like the one nycderivtrader experienced? Thanks. Kermit

Hi Baruch, Just started looking at your thread. It’s long, and I have not yet gotten a chance to read every single post in it, so I’ll do my best to follow along from here. Looks very interesting (and for me, very educational). Kermit

Tariff, I wouldn’t be surprised. The FX company is the market marker and takes the other side of your trade. Since many lose money, the house is more than happy to take that other side of the trade. But if you’re good and consistently make money, you’re “flagged” because...

Thunderdog: If the market went through your limit price, aren’t you going to get your fill? How are you missing the opportunity? I use limit order to enter. Limit and stop-limit to exit trades. No market orders. My missed opportunities come when the market comes close or sometimes...

Got it. Thanks for the clear-up. Kermit

Hi Fast_Trader, Perhaps I missed it, but is there a reason why you pick days where you only trade NQ but not ES or vice versa? I ask because I see times in the past where you traded both instruments in the same day too. Just curious. Thanks Kermit

I use tick charts ranging from 75-tick to 1500-tick bar chart on the TradeStation platform. I find it helpful in my own way and have, over time, trained my eyes to observe subtleties from market information displayed in that format. Kermit

Mvic: What I got out of TR’s work is that I think TR actually delves into the “why” issue by saying that it’s what it [behavior/things] will give you in terms of the feelings and states of mind that you desire. So, the reason why “I want a million dollars” is so that “I can buy...

You’re doing well Awash. As for your attempt to add when your divergence signal is still valid, perhaps you can expound on Fast_Trader’s suggestion to you of higher timeframes to include a divergence signal on a higher timeframe to compliment your 3-min chart signal in a range-bound...

Trader1234: I think you made the right decision to write about your trading today despite your reluctance to do so. You learn from it and then move on. Kermit