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What is the goal of your question? Any rigid system will fall far short of capturing the full potential of any instrument or position. Seconded on the query about indicator reliance. Post a series of naked PV charts on any interval you want and I'll give you an exit when it comes.

Looks like the fun is almost done. Wouldn't give this one too much more room before exit. Momentum clearly slowing and price is approaching a pretty significant Resistance area.

Here is a little sketch I made on spotting reversals. Also, related quote and chart from DB on the subject. ---

I've recently read through Spyder's Equity Journals I, II, and III on ET, and am also going through a lot of the old material at TL by DB. Spyder's work on understanding volume has been immensely helpful, and DB's old work focuses a lot more heavily on Support/Resistance trading along with...

Quick look at the context I drew before the open.

Time to go a little crazy!! Goodbye straight lines!! Had a little jostling after I misread support at the top of the TR but eventually was able to get on the right side of the market. Nice orderly touch of R at the top of the current channel though. Still get nervous holding through...

Doesn't seem to be that much of an interest in stocks these days. Picked up ANIK this morning for a nice short. I am interested to see how it behaves tomorrow. On one hand, it would be nice to ride this down to a BO attempt at the bottom of the purple channel and re-evaluate then, if...

Oops, that was the second long at 81, sorry. I didn't intend to claim that I bought the exact low to the tick, haha. My first long was in around ~84.5

Here is what a beginner's chart of the first hour of the NQ open may look like using straight lines. I created this for any of the people currently following this method, but not having advanced to the level where most of the discussion is currently taking place in the Son thread. I know...

Sorry for the confusion about times in my post. I accidentally labeled some as CST without thinking. Thank you for your comments niko and game. It really helps to sharpen the understanding having peers to discuss these principles with. I got my first long in at 81. I want to keep training...

Compiled a few of your posts to make them easier to discuss. We can clearly see that the open quickly smashed through the pre-open climb upwards. However, it hit a wall around 81, which is kind of the middle of nowhere, at least in the bigger scheme of things. We could say it found support...

Heh, just noticed that price bounced off the exact MP of the channel posted this morning. Still kind of cool how events like that re-occur so often.

Ah, the worst part about this morning is that I had a live short from 3487 and I lost my nerve at 9:13. Been hitting the books really hard lately, trying to practice holding a constant position based off Supply and Demand dominance. I will read over the discussion this morning soon and post...

Yeah, hard to say where things are likely to go. An upside BO attempt isn't out of the question, and unless things are as clean as yesterday, we'll probably see some congestion if price decides to try to pass through 75-80.

Hmm, I can see what you guys are talking about, but for me it's more of a time-frame issue than solely instrument based. Making decisions and monitoring the Daily chart for ETFs, and then zooming into a smaller time-frame in order to finesse the entries is the way I usually go about things...

I've noted to myself several times that a lack of strength isn't yet a sign of weakness. It's definitely something I want to become more comfortable with. I can see in hindsight that I was way too quick trying to look for a short off resistance when sellers were far from showing any real...

Exited for a decent gain at Resistance after the low volume open and two failed attempts to break 23.40 which I mentioned previously. I wasn't too patient with the stock, but the opening hour looked pretty lack-luster to me and it doesn't seem like renewed support is going to come from...

What a stress-free open. It's nice that I was able to be around this morning. Quite a treat when the NQ is just trending straight up a demand line with no turbulence. Update: Did my signature move and got pulled into a short by one tick. Exited while I was making this post. Might try...

Decided to draw up a chart after I saw the Apple post to keep this thread active. Don't have time to do much with intraday futures lately, and stocks are easier and slower (in my opinion) so they have more of my attention at the moment. Just a quick look at something I'm currently holding...

That's a good call, actually. It seems that my tendency to find ways to avoid trades is flaring up again. Like you've said, it's hard to nail down a specific policy for these things. I've seen improvement after staying away from things like taking shorts right before the bottom of a...