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0944 EST In retrospect, I should have seen that coming. We hit POC, (according to my MP chart we hit 116 035 and POC was 116 030) AND we shot straight back up. That would have been a fine long trade. That is the unfortunate part of having a bias.

0937 EST Probably time to get out now if you are still in. Exit would be 116 050 or better. My wild guess is that we drift lower to 115 310 or lower BUT the 1000 EST report is coming and on a slow day it may have some impact. Better to lock in a profit on a trade that almost hit my stop.

0903 EST The trade is taking a lot longer than I would like, however that is the risk one takes trading a slow day. I'll look to exit before 1000 EST to be safe, unless we are on a roll. I'll be watching this trade closely, and I might even exit with a quick breakeven trade if we reject...

0850 EST First target now 116 030. I may still hold for better prices, but that is now the first soft target.

0834 EST Ideal trade times today are provided as a range: 0900 to 0930 and 1130 to 1230 It is the best I can do at the moment. More pressing concerns.

0830 EST Filled. Short at 116 080. Target is 116 000 or lower. I will probably stop myself out at 116 120. Very small size.

0826 EST We are looking just a little stronger now, so I will sit tight and wait for my price of 116 080, as stated. Today may be a bit slow so not trading is OK too.

0820 EST I'm looking to short 116 080 at the moment, for a first approach only. If we get weak, I may jump the gun and shoot for a scalp short entering at 116 030 and exiting on a dip below 116 000. After that trade, I'll be looking to short 116 140 to 116 160 for a first approach only.

My current workflow Each day, prior to market open I do the following: 1) Glance at the daily and weekly pivots. I have these display on a 15 min chart that I keep minimized and only refer to on trade entry or exit. 2) Study the Market Profile chart. Really study it. Find the POC's...

A cautionary note on neural networks It has been my experience that looking for trading systems with neural networks can lead you down a time wasting path that you will regret. You will find that the network will do things that no one in their right mind would ever do. You'll find it...

Your observation is correct for that particular chart BUT there is a little more to it than that. I actually look at a different chart similar to the one I post here. It gives me the ability to focus on a particular series of bars and create support and resistance off of that series of bars...

By the way, I consider the last trade my "trade of the day"? Why? I placed the order around 0900 hrs. It hit at 0940. At that moment in time I knew I had a 90% plus chance of getting 2 - 4 ticks out of it. You can't beat that. Support and resistance. Well, being able to see WG activity...

Next key levels are: 117 015 116 290 I don't know what I would do there. I think the safer short is 117 015 for the first time only. You can almost always short just above the '000' for a quick return to '300'. I think that is it for me. I have two Netflix romantic comedies to...

Here is the chart. I've said this before, but just to reiterate, this is real money in a real IB account.

0942 EST Out both: 116 225 116 220 Could have waited for more. Could even wait for a re-test of the lows BUT what I just did is essentially 90% plus correct. Waiting for a re-test of the lows is not. I initially thought of shorting at 116 200 BUT I knew with a second failure of...

0940 EST Short 2 at 116 240.

0921 EST In retrospect that long was a great trade. Divergences were present. Key support was bounced off of. My issue is that I'm loathe to initiate counter trend trades on major 1/2 point to full point move type days. Some more retest failures of the low and I'll look to go long...

OK, while posting it looks like the trade occurred. I'm not in, but it is a quick scalp and get out type of trade.

0917 EST Not taking this trade but a long at 116 160 and exit at 116 200 looks great.

Shorting from above 117 00, my first target was 116 250. Once 116 250 was broken I knew that 116 21 was a given followed by 116 160. I stopped at my 116 230 exit to take a break and re-group.