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Very much agree with this. And Id suggest to stop looking at the DOM. You see price bouncing around and you're probably noticing your PnL going back and forth from negative to positive too. But it's just noise. Watch your charts to look for a valid reason to exit.

been reading the journal the whole time man. Looks like you are continuing to improve, especially psychologically. The fact that you're recognizing what you need to work on is a very good sign. Keep going at it. Lets see the charts too!

Nice! You may have already explained but I didn't see it above - what is the filter?

Thanks for posting. Always interesting to see other styles of trading. I'd def like to see some live charts posted during the day of this.

Thanks for the posts X! I've got a question though. On 8/4 on the daily chart you posted there's a big bear candle with good volume at a support level. Why wouldn't this also be a buy signal? Instead, the next day was a doji followed by another big push down. What is the difference between...

Did anyone happen to save this chart? If so could you repost or send it to me?

Preserving capital is also important though. Small losses are no big deal. You can always reenter if you still think the trade is valid. How fast of a chart is that btw? Is that your entry chart? I ask because I'm curious about what made you take the second short.

Hey BCE, just sent you a PM before I read this. Thanks for posting though and nice job!

I agree, I was in a hurry when I edited that chart. He said he's got a lot of screentime though, that combined with the ma and the HA bars the lh's can be seen or anticipated a little at least. I used to trade off similar charts using a couple ma's and basic price wave analysis. Going w the...

Take a look at the chart I edited for you. See where my arrow is? You could have taken that long and tried to get out at +10 ticks or so. But once price made a lower high and dipped below your MA you would have wanted to exit for a small loss of breakeven and reverse short for a scalp or just...

Hey mac, like Xspurt said, check out some stuff on PA. Here is a journal you should def read if you haven't before. Starts with the basics of price moving in waves, etc. Your chart looks just like the ones used in that thread. I only marked a few things on your chart and didn't get every...

Just out of curiosity, what is the indicator you're using to highlight the volume spikes? It seems that some large spikes are highlighted and others aren't.

Ok, So I need to try and pay more attention to wave size. In other words, the size of the swings that I'm trying to connect. I can see that your channels make more sense. I just didn't see them. Thank you!

this in hindsight of course, but I would have tried this I think...

Here's what I was talking about in my previous post... my lines are blue

Yes I do. I think my problem is this - I would have been trying to make the symmetrical channel lines like the ones metal posted in his first post in this thread on that first big move down - the one that ended at about 2:00pm on that chart. It looks like it would have worked for awhile but then...

Nodoji, thanks again for the chart you posted earlier. After the open, later in the day after the open, that's where I was having problems with my trendlines being respected. Do you have any examples that you can show throughout the day?

Thanks for the chart!

I have used trendlines before. It's more of an art than a science and takes some time to master. They're constantly changing as the day progresses. I've gotten much better at using them to trade with over the last few months. Mine just weren't holding up as well today it seemed. I want to see...

Could someone posts some charts from today using channels? Preferably 6E,ES, or NQ. I was looking at 60 min charts and 5 min charts. Just didn't seem to work as well today. Thanks in advance!