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For explanatory purposes: The trades are from a 1m chart and are on YM. The system does work on ES too. (and probably NQ) Double divergence needs to exist. Double divergence is defined by me as divergence inside a larger divergence. The purpose of double divergence is that there is a...

Well, I am going to kick this journal back into gear. I am trading a slightly new system, still countertrend, but the system is all or nothing. That is, I either get my 15 YM points that is targeted on every trade or I am stopped out. Sometimes I will get more that 15 points which is a...

Hello Maverick. Sorry I took so long to reply to your post. I did not know your reply existed until I stumbled upon it tonight. I would like to have a "with the trend" play in addition to my counter trend plays. I have spent much, much time trying to develop a system but have not...

Well, I am trading fulltime now for income. I started last Wednesday. Tomorrow will be the only day that I will not be able to trade this week. This is not good because the system makes money over time if every trade is taken. Also, the system is currently on a losing/flat streak so...

112 on SPY looks like a fair target. Don't know when it'll get there, but, looks fair.

Pretty good. Yesterday was hard on the program/system ( I put a post in my journal, just cuz I was mad ) but there were 12 winners in a row before that which is the best winning streak so far. So, I guess it's all relative. I saw that you were buying earlier ?

As traders we trade what we see, right, now what we think, right ?

Trend days suck ! (for my system at least) If it weren't for a high win % over time, today could rattle my cofidence. Attached is the 1m chart from daytrades. I also trade this system on a 5m chart for my retirement accounts and it had a big loser today too. I am posting this just...

If possible, focus everything on trading. I traded/learned while at a fulltime job. When I took time off, I always learned more in 5 - 10 days than I did for months trying to trade from work.

The purpose of this journal was to tighten up my discipline. The journal has helped and taught me something. It has taught me that my overall discipline was not the problem. I realized that the only time that I questioned my discipline was when I was in a trade that just wasn't the most...

It is getting very difficult to do this journal. I will see if I can continue. It has helped a lot so far.

out 10152 this was an interesting trade because i did have a signal but the 1m had already broken the trend line and then started down again. usually i need more of a trend down to produce a signal but in this case the 3m and 5m were coinciding with this new 1m so, so signal so i did...

Long 10140

Oh lovely, stopped out. Will wait to see if another signal appears. I missed a signal this morning so I'd be up on the day if I got it. Still trading from work and that's just the it'll be until 8/11. Interestingly though, I do not feel upset and I feel in control, hence...

it really feels crazy to be long here but discipline must kick in. I have a signal. I am using 1/2 of normal position size though.

long YM 10142 current target 10152

the 1m chart is looking kind of sloppy but the 3m and 5m are definitely looking for a bounce, if the downtrend line breaks.

Stalking a reversal in YM. May be another multi timeframe one if it sets up.

Oh. Target already hit. I posted this a little late. Felt very comfortable with this trade because there were very good signals and the 3m and 5m looked good for a move. Actually, the 3m is close to a signal dictating that I could still be long. But 1m target already reached so out...

long YM 10175 target 10185