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Hate to say I told you so but I have to say it. I told you so!!!! LOL

I am right here. Trading away and just like you always learning and testing stuff hehehehe. But after a point most things work, just some work better than others. What are you scalping? P.

Even though there are better methods out there I did very good scalping with the CCI for some time. If I had to pick one of the canned indicators CCI is the one I would go with. Like anything you have to take the time and effort to learn to use it. P.

Mark. There is no such thing as too many trades if you trade with reason. If you have a reason to enter, you have your detailed plan, you execute it as it was designed, then there is no such thing as too many trades. Overtrading is usually a term used for people who are not in controll of...

This might illustrate to you what they mean by dragon(Link). I personally dont use it unless it is on long term charts. The problem with short term charts is that you dont have time to think if its a dragon, a turtle, a mouse or whatever. Some much simpler patterns in short term. Hope it...

What instrument are you guys trading and what time frame?

Let me start by saying that I do not use Bollinger Bands but that is personal preference. Some people use them and use them effectively. The bands are used in several ways, they are used for plays detailing double bottoms/tops. For this you need to have a double bottom very close to the...

Great work Jerry, your off to a good start. Keep up the good work.

A chart is a chart no matter what time frame you trade it. Same rules apply, although it would have larger risk and reward. It works. Piscuy

I would also like to invite Josh to join the crowd in this thread, perhaps your experience and your trades help others learn what you have learned. Plus you never know if a question you may ask might make a big difference in your trading or someone elses. Piscuy

And a few stouts. Piscuy

Remember that there are people watching the markets in a whole wide range of time frames. Some watch it on a weekly basis, others mothly, daily, hourly, minute and even ticks. Yes you can have a formation within a formation and another one inside it. It all depends on which time frame...

I was waiting on that one, all it needed was one more tick. Did take a nice scalp at the break of 60.75. I guess it is a day of patience. Piscuy

Its a lot easier to daytrade than do his job LOL. Piscuy

I guess a general answer like the one I just gave will not solve your problem. Why dont you share with us your rationale behind the taking of a trade? Lets discuss your reasoning and perhaps we can find a way that you dont have such a hard time with entries and exits like those. The more...

They are based on supports and resistances. For me personally the exit happens when I am not longer comfortable holding the position. If its a big position, I may exit half or one third. What makes me uncomfortable? A tough support or resistance that is getting closer, loss of...

First Move After FOMC

Second Move after FOMC

This is a small review of possible trades to be taken after the FOMC announcement. Although as it has been stated before trading momentum on such big events is not easy and not recomendable for inexperienced traders. Getting fills is harder on these types of events and it can easily blow...

Hope you guys enjoyed the day and made some good profits. It was certainly a fun day from the start, lots of opportunities out there. Enjoy the afternoon. Piscuy