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I second every word.

Hi Anek, Always a pleasure to read your posts. I'm right now in the middle of deciding what's better, scaling in or using two timeframes, one for formations and one for entry, can you please elaborate on how you use the 5sec chart?

Thank you for your chart, this is what I thought she meant but wasn't sure. I myself can't mentally trade any S/R and I wait for more confirmation (espcially DT's and DB's at the S/R or failure breakouts), but it seems to work for some of you so I wish you the best of luck.

Thank you Susana for your kind answers, I don't fully understand you now and not even sure I completely agree with you, but as I learned from my exprience I might just need more time just noticing your points. Keep up the good work, you're trading great, and if I were you I would highly...

Hi susana, I'll read your post again (I've already read it a few times) but I'll really love if you could post a chart to help me understand your point. Beacuse i thought PA is about LL/LH/HH/HL and S/R but from your post it seems they are different things and in this case I don't know what do...

Hi Susana Very glad to see you felt the same like me today. I had a terrible day today, wish my R/R was as good as yours. Anyways, felt really lost most of the day and apperantly made a few losing trades you didn't take and I'd really love to know why to didn't take them. One was a long after...

Dear Susana, agian, not that I'm a better trader but just notice that your only losing trade yesterday was a counter trend trade. There was a obvious double top followed by a LL and a LH and if I remeber right according to AHG this is at least a sign of cosolidation, no to mention a trend...

My contribution for this great thread. Had to leave early today so I've missed some nice moves (and at least one 10 points trade) but I can't complain, very happy with my trading today. BTW, for those who asked me is several places. I DO NOT use this 10,000 Vol chart as my main chart. I just...

Greddy, Notice that in some of the charts there are only suggested trades and not actual trades. But I do admit that using S/R along with PBP had greatly improved my trading. This, and improving my R/R. But I'm still struggeling many pshycolgical issues that prevents my from being as good as I...

Hi susana, You're trading way better then I am but I do have one advice for you and is to try to limit yourself to trade with the main trend, not all the time but at least on days like this. Most of your losing trades I've noticed so far were failure attempts to countertrend trade and you would...

I'm trading 6e and 6b (Eurex and GBP) recently and it's just amazingly easy comparing to ES or NQ. Very clear trends. Big waves and clear retracments.

Dear Iron Fist, I see your comment to bill and I must say that it seems you just miss the whole picture and pay your attantion to the small details instead. Start by removing all indicators from your chart and just look at price for a while. Learn how it acts, how it treats S/R, what the...

so, according to you, you make 5.5K per month with an 8k risk per trade?? looks pretty lousy to me. Espcially if you're day trading (meaning you are in front of the screen at least some part of the day). Anyways, this is not the place for this. You can open a new thread in the trading forum or...

First of all, this is really not connected to the thread so please don't post any of those questions here, they have their place. Because you're new i'll answer you. You numbers say nothing. 90% of success? what's your Risk/Reward ratio? it's very easy to achive 90% of success when yor target...

Great post Bil! Although I won't suggest entering right at the S/R because it might just break. I'd like to see at least a 3 bar reversal pattern at the S/R in order to enter. Also I must agree about the Double Tops/Double Bottoms. They are very very powerful if one knows how to use them.

Susana, I myself just enter at my trade signal, ie, one tick above/below the high/low of the 3rd bar in the pattern (like seen in my charts) do you do the same?

Great post! one question though and I'd be happy if you or stealth can answer. Let's say we have a trade signal and put an order is the middle of the 3rd bar but price don't go back to that point what do we do? do we cancel the trade, do we try to get at a less better point?

Done for the day pretty early today, very good day.

If I understood right bar one is the bar before the low (bar 2), hence, you only count it at hindsight and not in real time. I'll post my chart of the ES later with some examples

I myself use a combination a Range bar charts for pure price action and time-charts for momentum and find this combination good enough for me. Although I must admit that constant volume charts alone are still very good.