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Week 24 short at 6:31 and long at 6:35: was low in exit.

week 23

start to think the question: how to anticipate around oval area looking for long only? ( strong down then PB (up), then retrace (down) ), in other words, how to anticipate reversing up but not continuing down?

week 23 2nd long should be exited faster, because of anticipating immediate FT.

Week 23: One long, scratched out. Submitted a limit long 21 at 7:05 but not filled. So tempted to change 21 to a higher price, but managed not to do so to follow the previous thought process prob more objective. Then i did wait patiently and entered based on the plan and then exited...

Week 23: two longs followed the plan, both scratched out.

Week 23: When my first two long were stopped out at swing low, i was feeling very uncomfortable about my trading today, Then i just tell myself: i just have to continue to try to anticipate and follow the plan and should not let win/lose affect my mindset; moreover, my goal is to follow...

luckylucy: Thanks a lot for your encouragement. My setup: PB long or short; if market is very strong, also enter at BO. You are right: I have the trading plan, but it is not my edge yet, in other words, i am learning to build up my execution skills using this trading plan ---- to build the...

Niko: thanks a lot for thoughtful questions. I trust my plan. Then what do i mean by saying trusting the plan? • i trust all the setups have a positive expectancy. • the plan gives me the guidance and i need to be flexible to make decisions in RT, in other words, the plan is not...

Niko: To clarify: Your first short entry was under the congestion bottom. The exit bar of your long broke below the congestion bottom (4 similar bottoms) for the first time. The short entry 2nd time broke below the bottom after a key resistance held after being tested, having a higher...

Niko： Because all the 1st trade in the past three days were stopped out, i thought prob i was impatient. I decided to take 5m PB long or short. And i did take the 5m PB long.

Buyers failed to find a following above 25 and sellers pushed hard, the angle of ascent in the parabolic move was broken so a short was called for. Niko: First my PA reading in hindsight to prepare my questions to you. I see a break above small trading range and then hesitation after break...

Week 22 If i had traded like in the past several days following the entry of the plan (prob with late entries), i either would have entered pre-open or had bought the BO, i am trading differently today and i am guessing myself. That is ok (again i am saying ok again; but that is just myself)...

I was writing notes by hand to assess demand and supply with good accuracy. But slow in making decisions. For the first, the exit is following my plan. The second short, the exit is not following my plan; i should exit when FT bar is a strong bull bar. Anyway, I expect myself to make mistakes.

On second thought, i am not satisfied with the exit of the short. should exit earlier since no FT and i was expecting an immediate FT. For long, since it is late entry, i was managing the exit suppose i entered earlier based on plan. Exit was following the plan exactly.

Niko: the chart is for 7/1/2013.

Week 22 Today one long and one short; both were stopped out. Although two losing trades, it was ok in terms of following the plan although not exactly. (1) Long: entry was late. If miss the entry based on the plan, then just wait for the next opportunity. (2) Short: entry was following the...

Gringo: Of course you were joking! I sounded too serious?! Anyway, i am going back to learning. You have a good sense of humor. Happy Trading!

Week 22: Yesterday late exit made me miss the short because not anticipating possibilities in advance. Today i did anticipate, learned from yesterday. Although late entry for the short according to the plan, i made a small progress. One small progress is not significant at all but...

Pages 6-7 of section 15: when we see that the lateral movement beginning at L is stretching out to the right at M, we are able to decide in advance that any material rally, developing out of this sidewise movement at its right-hand extremely, would have the effect of pushing the price up...