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"It may very well still, but I certainly didn't see any good way to enter a long after the bounce from 3781" Why not above the RET you have at K? A more traditional SLA trade. Obv with a 15s chart there is a "better" entry nearer to the PDH where on a 1min you see some hesitation before K.

The line is just meant to track so if what you are seeing in real time appears to be a threat to your trade by all means exit if it's part of your plan or you become confused or fearful etc. So basically if your DL allows you to better judge the balance or imbalance between supply and demand...

Hmmm when you actually follow the 5 SLA rules to the t regardless of stop size etc. I think you may have some different opinions. The exit is simple. Its the break of the line. What better option would there be? A swing point or 50% would be a worse exit than a sl/dl break. Once price does start...

His post was I believe in relation to my question not necessarily what he did.

At what point would you say yesterday's movement was just because of the news? Dropping back below the daily sl? Seeing how far we pullback? Hourly we have a dl break below early/mid septembers range but still trading above 50% of yesterday's movement and above the daily sl that broke...

Gotcha. I didn't have a channel drawn I just saw how price was trading to and from that line. Saw it as a potential place price may come back to. Today it just happened to work out that way. I get what you mean though. I anticipated that response but just figured I would ask. As far as trades I...

Since the box drawn I've been looking at this line as another mean to focus on. Is this incorrect?

What's really preventing you from stopping everything until you have a plan? The market will be there when you get back. If the previous bar is what you want to use for your stop then go back and test that. How far below or above the bar? Going through the testing everything has to be well...

What will you do tomorrow to better your performance?

I hope that when I post I don't confuse you or deter you from your own methods. I feel like I've been where you are however I myself still am not where I can/should be by this point in time. I've been studying diligently AMT/SLA. For me it makes the most sense and realistically you have to...

hmm. Did you have 00/04 as an area to watch? Remember where can't traders find trades? Where might they look to find them? This is hindsight of course but just what I was looking at going into today.

I think if DB was here he'd say something along the lines of it doesn't matter which interval you choose price is a move not a slideshow. Forget the interval and the lines and just focus on the movement of price. (obv you need to choose an interval to look at just saying lol). The same 5 min...

last note lol. Each trade I made notes as to where the signal was in relation to the context on longer intervals as well as what was in front of me on the 1 min. The context did not stop me from taking or trade or not. When I add this to what I have so far I'll review the signals which were...

as an aside I am reviewing mid July thru present day and so far mechanical SLA collects a net of 173 points from mid July to mid August. One thing I did to try to be consistent was the exit was +/- 1 point from a 10 sma as opposed to drawing individual lines and finding the price at which the...

I think anticipation and having a bias are two different things. With anticipation or having some sort of expectation (for me anyway) it sort of gives me a framework and whether what I anticipate happens or not so be it. I am prepared for both either way. For me today before we open I saw a...

Did you anticipate a choppy open?

well I didn't mean a 5 pointer per se, but just comparing exits for a trade. Whether that first dl break should be the exit or give price room will depend on the strategy. I just don't view one line break as the market telling me to exit. That line break shows me that demand is lessening not...

You bring up good points and this is why I am not yet trading live. I am essentially looking at how many times what would be a 5 pointer like today turns into a larger move. Depending on the context if I am in I try to sit through opposing "waves". So where the first dl breaks is just one...

Do you want to have the SLA as sort of a backbone to your trading plan? What's helped me in terms of real time price movement is just looking at the ticker and essentially keeping my eye open to rejection/pressure/hesitation and then watching the pace of it for changes in activity. I look for...

are you trading the SLA?