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    Tradersaavy's Discipline Journal

    Probably because: From 10:30 - 13:00 YM was pretty much sideways on my chart. Shortly after 13:00 I see a breakdown, but not my type of trade which needs a trend in place to find a reversal. Thanks.
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    Tradersaavy's Discipline Journal

    Hello. During the "non-summer months" the average trade is 14 ticks. It does work on higher timeframes too. Yes, I have chosen this timeframe because it suits my personality. The risk to reward seems crazy, but it works. It is usually 1:1. However, the win rate has been 75%.
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    Tradersaavy's Discipline Journal

    I don't know if anyone reads this journal but in case someone is: I apologize if it is boring. I suppose I could have done this in a private journal but I feel that doing it in a 'public' forum is a better psychological factor for me. Especially when it come to the purpose: working on...
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    Tradersaavy's Discipline Journal

    Still, I can't wait until August 7th'ish when I start trading fulltime. I'm moving now and I'm missing trades during the day. There were two scalps. Both were losers. I missed them both. Finally Murph's Law worked for me. I missed the losing trades. However, there was a nice 1m trade...
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    Tradersaavy's Discipline Journal

    Out 10348. I'll post chart and thoughts later. Only trade of the day.
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    Tradersaavy's Discipline Journal

    Long YM at 10337. Current target 10348.
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    Tradersaavy's Discipline Journal

    Kermit, My verbiage may have been a little off when I said "subjective tick data". I could have said inconsistent tick data, but let me explain. I have compared several charts of the same tick count on the same instrument and have seen different chart information. This is comparing charts...
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    Tradersaavy's Discipline Journal

    Here's the chart of the scalp trade. The only trade of the day for me. I missed a 1m timeframe trade while doing something around the house. I am not trading totally fulltime yet and this will happen. Why is it though that I always miss the winning trades ? Murphy's Law ? On this scalp...
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    Tradersaavy's Discipline Journal

    For the 1m chart trades, as far back as Esignal will give me intraday data. I like at least 4 months and from what I have seen now from a SLOW standpoint during summer months, this data must be during different times of the year. For tick data backtesting it will need to be during different...
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    Tradersaavy's Discipline Journal

    Just took a - 7 YM scalp. Will post chart later. Followed plan perfectly. Just didn't work out. Felt myself looking for another quick trade after the losss. I told myself that I was looking for another trade because they often set up again (in my system) right after a new low/high is...
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    Tradersaavy's Discipline Journal

    I do think that this could be a good alteration to the system . I just need to take the time to back test it. I do all backtesting by hand because there are certain aspects of the signal that can not be coded. So, it's just a matter of time. This may also improve the risk/reward ratio...
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    Tradersaavy's Discipline Journal

    Very interesting. This would definately be a release.
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    Tradersaavy's Discipline Journal

    Scalp 2 for the day. Things really started cranking after 14:00. A couple of 'almost' signals were there but, I guess the journal is helping cuz I didn't take the 'almost' signals as I have noted before that I have taken some of these. Maybe it is the fact that I am trading from home...
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    Awash's Journal

    Hi Awash. Are you trading live now ? I am surprised to see that you don't use an indicator for divergence anymore. Pure S/R now ? What do you use for S/R ? Just pivots or high/low or trendlines ? Are you still using the 30m chart for bigger picture ? Looks like your trades are...
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    Tradersaavy's Discipline Journal

    Hello Champion. In hindsight, it does get in right at the turning point of some big moves, however, I get out on the timeframe that I get in on and miss the big moves. I would like to see if the possibility exists to take partials if higher timeframes are set up in sync with the lowest time...
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    Tradersaavy's Discipline Journal

    Nice little scalp. Only trade of the day so far. Followed plan perfectly. Had all signals and so so looking divergence. As mentioned before I would like to only take the "jump out of the screen" divergences, but, I suppose when all of the other signals/filters are so strong they can carry...
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    Tradersaavy's Discipline Journal

    Thanks for the post Igor. Now that I am trading from home I am going to start playing my guitar again which will really keep my mind off of every little tick. Also, I have set some audio alerts on Esignal so that I do not even have to look at the screen until I start hearing some dings...
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    Tradersaavy's Discipline Journal

    6-24 On vacation now. Much better psychological atmosphere to trade due to not trading from work. No trades yet as of 10:09am east coast. Perhaps I will post the trades live in this journal. Time permitting. I did see a scalp that was screaming at me to take it. However I did not...
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    Tradersaavy's Discipline Journal

    Here is the scalp for the day. All rules were followed. The divergence didn't really jump out of the screen though. The price action was kind out rounding at the top instead of forming very noticable higher highs/peaks. One of the rules is to take only the divergences that jump out...
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    Tradersaavy's Discipline Journal

    Trade 2 for the day was picture perfect. I should add that I trade from my fulltime job currently. Starting today, I am on vacation, go back to work for 3 weeks and then resign and will be trading fulltime. I do miss trades when I am at my fulltime job. I missed all the scalp trades...
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