My general view on TA in another thread below. I want this to be part of the journal. This is an indication that I dont trade base on any indicators out there. I do look at charts for support and resistance areas - this is used for my non-system trades that I want do use to beat my own...
The hardest thing about using TA is to be able to quantify the signals into meaning data set in which you can study the markets. By looking at charts alone, its hard to perform meaning quantitative studies. This was my past mistake.
Most indicators are derivatives of mathematical formulas...
5/17/18: -13.75
Loss is expected, so this is not a surprise.
Made a few off system trades for +3.75. Tracking performance of system and non-system trades separately.
What if I already maxed out my trading capital with ES, its foolish to over trade. I am always trade NQ and YM as well, but if the correlation is strong, the result would likely to be the same.