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sorry about that... those are heikin-ashi bars. if the average price of the h/l/o/c of the bar is higher than the prior bar the color is green and if the average is lower than the prior bar, the color is red. i don't need to see wicks like others that use longer timeframe charts. no need for...

thats a 150 tick chart and that is all that i use to determine what i think is the current trend. i only trade what i see on this chart. in this example, i was looking for a pullback in a current trend. The first trade was a pullback down in the current up trend. i entered on the second...

I prefer trading when price crosses up/down thru highs/lows :)

At that time I was looking for a short, not long... And it never came back down

Are you talking about the chart just above your post Or my first chart. I couldn't find the area you referenced with 7:40

same trades today... first long on pullback down to high yesterday and second is short on pullback up to high of yesterday... first one profit second loss close to breakeven

you seem to have very little to go on to make you decide to go short or go long that was an example of trading up/down when price gets close to the high of yesterday. my high/low of yesterday is derived from using a 24 hour chart, not just usa trading hours. Do you have a complicated entry...

Trade station shows -7 for a short entry.. 7 for long entry... I think high/low area can have good moves around them... A break up/down tends to follow thru and is good trading if you use the right Size stops and good trade management

here is an example of price action close to high of yesterday... the black horizontal line is my high of yesterday cheers toucan

For me.. Today's high low and yesterdays high low are areas where price can move enough to daytrade

What worries me is that PE ratios are sky high and not sustainable

i have found that once you are comfortable with your process and it is producing consistent profits, you can then add shares/contracts for more profits (assuming you arent constrained by a small account)

I'm always emotional until the trade gets to breakeven. my goal is to minimize trade entry errors, so..Trade profit or trade loss I get mad if after the fact I realize I shouldn't have taken the trade. Yes 2024 has been better than last year... So far :)

agreed... especially when they use/buy/build something unique that doesn't meet tradestation standards.

ive been with them for many years... years ago, the software would go up/down all the time... ever since the new owners bought them, the up time has gotten better and better... especially during trading hours.

im not sure... but some of my charts arent loading... must be tradestation

each future that i trade tends to expand/contract trends over time, so i run my volatility/trending algo on the past 10 trading days on a regular basis, then adjust my trading process accordingly and it provides more consistent profits.

i agree human emotions in trading is hard to control. i used to get heartburn managing trades until one day, i decided to write an algo that manages trades for me. i have fine tuned it over time and am now left with the heartburn of deciding which setups to trade. LOL cheers toucan

agreed.... some of us study/test/etc and recognize certain conditions/techniques that work for us. these are unique to each of us, understood by each of us and its difficult for others to buy into without developing those ideas themselves. cheers toucan

@Dmitry I came across a relatively simple 100% rule based BREAKOUT system that someone designed for Forex markets. The guy showed a backtest of the BREAKOUT system and it had a significant P/L, BUT there was a major problem with it. It would make money for long periods of time relatively...