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I played the rest of today in sim when I got back. There is an extra red arrow at the top of the trading range that doesn't represent a trade. I was looking to short the pullback but price decided to return to the range so it wasn't triggered. I feel pretty good about how I'm reading price...

I just find that a question is more revealing than a statement. I have my opinion on the "right" thing to do of course and I can answer the questions I asked you for myself but I can't answer them for you. When you can answer those questions for yourself I have a feeling trading pullbacks...

Here is my chart of today's price action. There is an adjustment looking at a 1 minute instead of a smaller tick chart. The tick chart tends to create a little more air between swings making pullbacks jump out more. I think I adjusted okay but it will take a little time to be totally...

YES.

As usual DBP has cut through it. Pick one approach to the market that you believe fits your personality (I recommend looking at EITHER NoDoji or DBP). Try and throw out everything you "know" about trading and start fresh. As for entries if you are trying to enter on a pullback when is a...

Vehemence is a sign of weakness; quietness a sign of strength. Please come back when you have a new dead horse to beat.

I do have replay and thanks for the suggestion. I actually charted live today but on a tick chart. I just drew new lines on the 1 minute after the market closed. I'll try to do a replay tonight. I'm not sure if I should pick a new day entirely or replay today while the price action is still...

Today's price action... Feel like I getting a little crazy with S/R on the hourly.

As per DBP's recommendation I will be moving to a 1 minute chart. I've been studying Wyckoff's course and want to some day add volume to my analysis and tick chart volume obviously doesn't say much by itself.

As I've said my BS meter is pretty good and I trust my judgement on these things so in that sense I'm not substantially FU (in many others I am). As for doing what you do - I'm comfortable with that and it seems like the fastest route to where I want to go. I'm just not sure what you do in...

I've decided to start again from the beginning so that there is no confusion about what this journal is about. The First Step - is deciding what kind of trader you want to be... - I want to make my living as a trader. - I want to day trade as I like being in and out of the market most days...

Thanks for noticing :D

Due to DBP's advice I have been reading section 7 of Wyckoff's original course found here: http://www.traderslaboratory.com/forums/wyckoff-forum/3876-basics.html#post36469 Wyckoff details his entries, stop placements, places to add to a position and exits. You may find that this is a good...

Its not as if there is any info floating around about Taylor's trading results (at least that I could find). The proof is always in the pudding. If we can move past the Taylor versus DBP thing that would be great. I'd like to keep this thread on the top at hand.

I appreciate your point of view. It is clear you are very happy with Taylor. I have recently adopted a motto when it comes to trading (and life). "Fools try to prove that they are right. Wise men try to find when they are wrong". What DBP has helped me to see is that the SLA approach to...

Nothing really to add...

Considering this volume spike happened at yesterday's low I imagine this is a combo of short covering, long liquidating and aggressive bulls initiating new longs. I'm not sure it means anything except this is a spot a lot of people see on their charts.

Here is my chart with notes. I'm not really studying entries yet although its no great mystery. There is one area I marked where I thought a short was warranted but no short was indicated.

NDX looks good - thanks for that tip. I hate learning new platforms. As for the second part - this is exactly what I needed to hear. I'll stick with learning SLA as that is going well and deal with volume at a later date. What I'm slowly learning more and more is that my focus when...

I was looking at my own daily chart when you posted this. I know we've already gone over the differences with how different platforms handle merging contracts. I'm including my chart to show mostly how poorly thinkorswim does this. I'm already at the bottom of the channel. Its making me want...