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Short yardage plays have led to a lot of touchdowns.

I do agree here. I personally like 5 up to 60 for analyzing my trade day however once I have my entry I use the 3 minute chart for the trade. It really has no bearing on my trade I just like the 3. I could just as easily trade on a 5 or 10 but at that point I am going for 2 points anyway so the...

Actually this one just worked out that way by chance. I was looking at the 5,15, 30 and 60 minute chart for this trade. No veering from the plan at all. But you ar right that it should provide an extra push up.

I didn't say I do or did this. But I do know a guy making a living at it. He has a very tight stop loss probably less than a point. If you are using momentum then price SHOULDN'T go backwards very much if at all during a push through S/R. Hesitation will kill a trade no matter what method you...

The important thing is saving your winners. It doesn't really matter how you do it just come up with a way to exit with money in your pocket. And be systematic about it. That guy is probably pretty close to perfect and he has very tight stop loss on his trades. He uses basically the same...

This is why you are a very asset in here. Mark Douglas says the pros look at chart farther out and the rookies always look closer in for their indicators. Which trader would you want to be. Your chart is dead on. 4re

Eprado, OK here is how I exit my trades win or lose. 1. Shoot for 2 points, if momentum is really strong go ahead and stay in until the first sign of slow down and get out. 2. If price goes 1.5 points and starts reversing take 1 point and get out with profit. 3. If price goes my...

Porgie, Well I hope you do well with your trading. I wish you all the best. Have a good weekend, 4re

I agree, and Mark Douglas is my hero. I actually set my system up based mainly off chapters 15 and 16 of The Disciplened Trader. You can't be a successful trader unless you know and understand why the prices are changing. Thanks, 4re

Porgie, I have to say I knew that you would one day you find this thread and I wondered what you have to say. Good or bad. I think sometimes you may come off harsh when you don't know what peoples motives are and maybe you are correct most of the time. But like I said earlier I am not looking...

This is how I built my account up. Maybe slower but I will take slow and sure over fast and broke. It is incredible how much even 1 point gain per trade will increase an account.

All opinions are welcome here. Whether I agree or not does not matter. I served 12 yrs in the military and I must say I have very thick skin. I set this journal up as an educational place for everybody new and old. So far I have gotten all positve comments and I am not trying to sell anything to...

On CPI day the market was just hovering about 1point above my short entry so I had the order in already to go short. I turned off my target in order to let it ride. I was expecting a down move so I got entered very early in the move. I let it ride to the bottom and when the price started going...

Here is my bollinger band theory. I only use it on range days. If we are in a trend it can HELP you determine the end of a trend. Range days it works very well. I like the 5 minute chart and usually get less but better signals with it. If you have learned anything about my style of tradiing I...

Welcome Pkts, Yes the lack of volume just would not let much happen this afternoon. That is how it goes before a holiday. Yes, I do use buy stop limit for my entry. That is the only way I have found to enter it using Ninja Trader. I tried a buy limit once and it will fill you at the best...

Eprado, First of all thanks, I hope you like and we would really like to have you continue to join in here. There are a couple of other faders in here as well. I like having different styles of trading around. It makes things interesting. As long as nobody is trying to impose their way of...

My favortie reversal technique is the candle popping out of the Bollinger Bands. It is simple to do and to show. I have found it to be very accurate on range days. It usually works better on 3 - 5 minute charts. I can show you examples if you want. There was only one of these today. Have a...

Right here on this journal. LOL. Just kidding. I don't know of any books or anything specifically about S&P Emini. I do have a DVD set that I got from Trendfund.com that is pretty good. I don't like their company but some of their DVD's are ok. What is your level of trading education? That would...

Oh it looked good and juicy to me but to be honest with you I had my trade set to trigger at my numbers with an alarm. I wasn't watching the charts after that because there wasn't much going on and I knew the alarms would get my attention if they went off. So I didn't even see it when it dropped...

Well I guess I am out of the market for the day, no trades. all in all it was a good week with winning trades every day except today. No trades in a day is not a bad thing so don't feel like you missed out on anything. I will be checking to the journal through the weekend so if you have...