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I know we don't look at tick charts very ever in this methodology but old habits... Sometimes there is a lot more clarity with tick charts - at least to my eye. If we look at the price action over the last two days we can see how well a channel on a tick chart captures the entirety of the...

I like you analogy ammo. I think what she nails is why people who have a trading plan fail to follow it. The brain creates an emotional response to uncertainty that can overpower our desire to stick to our plan. This then causes a negative feedback loop because we now feel bad that we didn't...

I met a trader who started on the floor of the CME. There was an old timer there who took him under his wing. The old timer noticed when he first started he was making a lot of good scalping trades but as he got more confidence he started to take "bigger" trades and holding longer. The old...

https://www.youtube.com/watch?v=nKFLGlV5T8I She nails something here - food for thought over the weekend

Do you have stop in the market?

http://www.premiumdata.net/support/futurescontinuous.php There are different ways to create continuous contracts. This doesn't make one of them right or wrong. Pick one platform that gets data from your broker. Build and test your system off of that data. Of all the charting platforms...

I've done 6 months walk forward. If you trade the first 2 hours it actually doesn't take that long.

If you have a broker and the chart is propagated with data from your broker then you will be fine. The reason for the differences has to do with how different platforms deal with contract roll over. On ninjatrader you are most likely looking at the front month but your tradestation chart is...

Are we going to start this again? Whoever he is has posted a link to the pop book and has made comments at least in line with what pop would have said. I'm sure ET will run him off in no time.

We shouldn't neglect the levels below us either. On the daily 3420-15 looks like a strong level and coincides with the mean from the last up channel. On the hourly the mean of the red channel is 2515.

Overnight action includes another 40 point drop. Price was ranging between 87 and 79 before falling out to the downside and then plunging down to 47. Price was just rejected at 63 as it tries to climb back up. On the hourly we can see our trend channel is working so far. Price has reached...

I took 6 trades today - all of them shorts. I got stopped out of my first 3 trades for 2 points each. My next trade was from 74-67 (+7) then 57.50-34 (+23.50) then 23.75-11.25(+12.50). It was a relatively easy day to make some points. However - I realize more than anything how much work I...

To borrow from poker - it's a hard way to make an easy living.

I'm watching a pullback to 16200. All aboard.

Something like this? EDIT - added second option which makes more sense to me. EDIT 2 - added something similar to what Fluke provided. I'm trying not to curve fit so I created a "reverse" trendline. I used the two lows and then chose the highest high between them (blue channel). I get 3455...

Pre-market the hourly tells most of the story. After exceeding the mean yesterday price stalled and tested the mean from above where price was supported. The mean is currently at 75. 3628 is the top of the channel. Also on the hourly after making a higher high we have made a higher low. If...

I'm switching platforms and in the process of learning how to use ninjatrader I managed to delete all my trades from today. Usually it would be easy enough to remember most of my trades but I tried the scratching drill on a day with wider moves. I had a lot of scratches, a couple of small...

Good looking chart there Fluke. If you are interested in this approach I'd recommend a journal. I'm sure Db would too.

I'm sure its been said before but what BMT is really good at as removal of trolls. It's a much more positive place than ET. You won't have to read thousands and thousands of pages on why you will fail. I joined when it was $50. Between the webinars, the indicators (not my thing), the...

Just a quick update... I'm not neglecting my journal - I'm trying to figure out ninjatrader. Amazingly my computer hasn't crashed and things seem to be running fine.