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Full report due tonight. I went live today. I have never experienced such euphoria, loss, anger, happiness, and revenge, all in one day. I'm glad I popped the "going-live" cherry. There has got to be some good stories of people going "live". Feel free to roast, ream, mock, encourage, entertain...

16OCTprep Again, I've been stating price will reach 09 trend channel. It did yesterday. I was not able to trade yesterday with work. The downtrend channel on the hourly that began 10/9 actually broke. However, it broke sideways, without any real conviction. Price eventually reverted to the...

This morning was fun. Good learning experiment. I took 11 trades. They were good trades. I won't analyze each and every one but I will talk about the things that I could do to avoid the trades I shouldn't have taken, and to take the ones that I should have taken. Attached is the chart. 11...

14oct2014 PREP Current market is in a downtrend still. We started a down channel back on the 9th. Currently, we are at the upper extreme of this channel. According to AMT price will probably revert back to the mean or value area if traders are still finding value at drastically lower prices...

Hard day all around, so I only replayed the action until my final stop-out at about 1230. The rest of the day was fun to see unwind with the large drop. As my prep has been indicating, we did in fact meet a past price point at about 3818. Demand came in strong on 8/8 at this price. Price seems...

Chart

I didn't get to replay friday because of family stuff and work. IF this week's testing goes well like it has been, and my plan gets onto paper, I'll will probably try a live day next week. AHH 13oct2014 Market Prep We are in that downtrend. Traders sought new value at new lows on friday. For...

10oct2014 WE are still in a downtrend from 9/19 breakout of uptrend which began 4/18. With the last 2 days volatility I'm not sure what to expect for today but I'll do my best to prepare for it. On the daily still in a DT. Low was made premarket to 3923. Even though we are in a downtrend, it...

Couple thoughts: I notice new opportunities if learning to scratch a trade quickly. Trade management can really effect one's P/L. One thing I'd like to know is if people find trading more than one contract better? Meaning, you don't have to continually enter and exit? Just wondering.

9oct2014 REPLAY Today was great. I didn't cheat and replayed bar by bar using the prep I posted here. Who am I cheating anyway? You? :eek: The prep is really helping me prepare for the day. I'd say it creates a bias, but it's actually creating a simple probabilities mind set for myself. After...

Short for 5 points already. before work. Range broke and heading south already. Too bad I'll miss it!

Hi ElPrado. Thanks alot for your contribution. I've read a couple of those books that you posted. I"ll also add Trading in the Zone soon. However, mark douglas is quoted everywhere in trading, maybe I've already read the book. :) My game plan is currently being written. It's amazing how one...

10/9/14 Prep I"ll replay today after work. Don't tell me what happened. Current trend on weekly still down. The 50% retrace of the 8/8 demand seems to have held. However, we have yet to make a higher high here. Yesterday after breaking out of the hinge to the downside, it exploded to up. In...

seems like a down channel kind of day. I can't believe I didn't see this earlier. :confused: Off to my day job...

MIdpoint/apex seems to be 51. I'm going to go review AGAIN, on my nice printed charts. Then I'm going to wipe my ass with them. I'll remember this day...

Charts.

Today was difficult. I failed to observe something rather important in my prep. I did mention a down channel, inside of the main 60 minute channel. However, I failed to mention that there is a hinge/wedge setting up because of the convergence of these two channels. Obvious equilibrium and range...

10/8/2014 Prep Current Trend of Market -> Still in the downtrend from 9/19. Possible reversion to 3760 in a 5-7 weeks which is previous '09 channel. Watching 3822 on the weekly where substantial buying pressure came in and pushed the weekly to new highs by 9/19. After yesterday's action we are...

Review: Trade#1: From the start, everything lined up. Premarket broke a trading range, 1 bar after the open there was immediate rejection of buyers at around 3994. Failed to break a 50% retrace of premarket down move. That short was exited at 10.25 points profit on a supply line break. Traders...

Hinge/Wedge forming since 0946 long bar. Plan waits for a retrace after break. Now waiting...