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Hi Niko, Honestly, I don't have it fully defined tonight. I want to test the SLA method with the regluar SL and DL lines, but I am also aware from observation, that there are times when we should not trade. So I need to fit those into the rules. I also see times that I would enter when...

Thursday 6th Mar 2014 Pre market open Here we are again at the highs of the long term channel. Also the 15 min in a range between 30 and 35, and we are heading to the top of the range just before open. 1. We opened at all time highs then the price started to hinge, and then moved...

Wedensday 5th March 2014 NQ100 1 min chart review Pre market open We are at the top of the range again, having sat around below 722 for most of the night. Given the position we are in a short is mostly likely, but can never tell until the money starts flowing at the open. 1. On...

Tuesday 4th March 2014 NQ100 1 min chart review Previous highs around 20. Watch behaviour if we reached that high. Still hovering around the top of the long term channel. 1. At the open price moved in a range between 6 and 13. 2. Moved out of hinge up to highs of the 15 min range from...

Monday 3rd March 2014 NQ100 1 min chart review Pre market open After fridays fall we have given up most of the gains of the previous 2 weeks. Sunday evening had opened at 77 and the price then went into a range between 54 and 72. 1. On the open the price moved quickly down to the...

Hi Niko, I think that the first thing when learning any skill is to learn all the little individual parts well, before putting them together. I feel that I am gettng close to that, and I have noticed that I am getting better at spoting interesting reactions of price at areas that I have deemed...

Thanks for that. You gave the last contract of the long 2 hours to attempt to reach the 30's before closing it at break even. Do you think you would have given it that long on a real trade? I feel that I would start doubting the validity of my long before that. Well done if you can keep to your...

Thanks for that Niko. Interesting reading the back test. You are getting to a good level with this. I like your comment "If scratching is working, support below shouldn't be a reason to chicken out". Very true, I can see that in some of my own hesitation. Then a chop day comes to bite us.

Friday 28th Feb 2014 NQ100 1 min chart review Pre market open Close to previous daily highs. Possible reversal off those highs or a move higher into the channel. Can't go up forever, can we? 1. The price moved up to previous highs on the open. There was a retracement which I saw as a...

A day late with this one Thursday 27th Feb 2014 NQ100 1 min chart review Pre market open Watch for long term trend midpoint of 600 today given the failure to keep in the hourly channel Before open, close to top of channel at 82, also mean of yesterdays high and low. 1. Opened...

Wedensday 26th Feb 2014 NQ100 1 min chart review Pre market open Long term trend is up, but we have bounced off the hourly channel mean, and are heading towards the bottom of the hourly channel at approx 80. If this is broken the next low is 68, and then 55. Previous hourly high...

Niko, my conclusions are 1. Preparation before the open is vital to have a chance to trade the 1 min in real time. The potential support/resistance levels, channel highs, lows, and means, previous daily, hourly, and min swing highs and lows all have to be checked written down clearly, and...

Tuesday 25th Feb 2014 NQ100 1 min chart review Pre market open Long term trend is up, but we are heading towards the bottom of the hourly channel. Previous daily high of 701. Hourly high swing high of 90 Previous daily low of 64 Previous daily low of 38 Hourly low of...

Monday 24th Feb 2014 NQ100 1 min chart review Pre market open Previous daily high of 86. Hourly high swing high of 77 Previous daily low of 38 Hourly low of 55 Just before open, we were at 3670 on a downtrend at around 50% of previous up move. 1. Price shoots upon open to 80...

This post was delayed because my access to ET was faulty today. Friday 21st Feb 2014, NQ100 1 min chart review Pre market open Previous daily high of 84. Hourly high swing high of 60 Previous daily low of 38 Hourly low of 74 Price was near the previous daily high of 84...

Review of NQ 20th Feb 2014, 1 min chart attached. Premarket review Previous daily high of 84. Hourly high swing high of 60 Morning low of 38 with next If the price breaks below this, then the next big low is at 3600. 1. On the open buyers brought the price up to the 50% level of the...

Review of NQ 19th Feb 2014, 1 min chart attached. Pre-market. The weekly long term chart showed we were at the top of the channel with the most likely direction being a run down towards the mean of the channel. Previous hourly swing high of 79 Previous hourly swing low at 54 1. On...

File didn't attach first time

File for 18th Feb

1. Open had breakout and retracement for potential long entry. 2. Broke through previous daily high of 72 and stopped rise. 3. Demand line broke after lower high. 4. Support line broken and pausing at 50% level of overnight rise. 54 is the next big low. 5. Hit low of 57, and...