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I have actually done a lot of study on using higher timeframes. I was a big fan of multiple timeframe sync where a trade would be initiated when a couple/few timeframes lined up in the same direction.The initial trading method that I was trying to develop was based on this. But, I drove...

The slight modification that I have made to my filters to produce a signal helped on this one. It gave me good confidence going in to the trade and I therefore held until target was hit. I suppose that I am a bit too emotional/passionate to be considered a prime candidate for trading...

Out at 10176. Target hit.

Long YM 10164. Current target 10176

Yesterday I was realizing that I needed to fine tune some things. Mainly, the 'not so obvious, jumping off the screen set ups'. So, I studied last night. I have been trading this system over 8 months the exact same way but not until I started this journal did I realize that I could work...

Choppiness.

Hi Kermit. I actually meant "trend day". I had uptrend on my mind. Being that the system looks for reversals against a trend, a trend day, which keeps on going, simply stops out any signals on this day.

Stopped out. I feel very fucking angry at the moment. The earlier trade that was ugly that I did not take was a winner and this one that I did take was a loser. I will just sit on my hands though and see if another signal turns up.

Signal is there. Again, not a real clear pattern, but the signal is there. ES and NQ look pretty good too. I don't usually look at ES and NQ this much for confirmation but it seems that I have been recently because of the sloppiness in the YM. Will either hit a target or stop out.

Long YM 10187 Target 10200.

No trades yet today. Yesterday I got out of a trade before I had a signal because the actual pattern had not worked successfully in the past and because that pattern sometimes hinted to an uptrend day. Uptrend days are a killer for this system. However over time, even with the losses from...

Thanks for the input. I like this statement.

OUT 10230 Target hit. Band caved in a bit. More note and chart later.

Target is 10232. Perhaps I am just so excited to be back trading from the time off that I am jumpy. However, it is all about discipline so I need to FOCUS.

Long YM from 1m chart 10222. I have entered a bit early. This is a clearly not following the rules. I was watching time and sales and it just looked like it was getting away from me. I need to chill out !

stopped out of the scalp. jFollowed rules though.

long quick scalp 10220 target 10229

... and there goes YM 20 pts from my entry and I got out with 5 points. As mentioned, the signal WAS there. I got out because of a discretionary decision where I have seen these wide peaks before and they usually go sideways and do not fall. I need to decide what to do in the future...

This trade didn't feel right. I'll post a chart to explain. This is an area where discretion comes in to the trading rules. This area will need to be worked on. Worked on as in, from experience, over time I will have a better feel for these types of chart patterns.

Out at 10255. My band moved so my target moved.