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Friday and Week update, So far this month I have done really good, not in terms of money necessarily but just being patient and waiting for the right set-up. I had 6 trades for a net gain of 101. I had 4 winners and 2 losers, among which one loss was an accident that cost me $34. My...

I am in East Bay, just moved here.

Trailing stops????? I went long at 10.39 at 30.75 and exited at 12.01 at 32.25 for a gain of 26. My initial stop was 28.25 and target at 38.75. I have been using the previous 30 min low as a trailing stop and I got stopped out and the market went higher. I have been going through the other...

New month and new start (sort of) after learning a lot in the past 2 months. I made 2 trades today for a gain of $12. I lost 34 on the first one and made 46 on the second one. One of the filters that I had added was not to take the long signal, when the NQ makes a 30 min low, but ES does not. I...

It has been 2 months since I trading live and I am pretty much where I was when I started. I am down $100 after 2 months. In this time I learned a lot expecially about myself. I thought I was disciplined but I found that I am not. I need to work on that. Being patient is something that I need to...

Didn't trade on Tuesday or yesterday. Made 4 trades today and managed to lose 21. One was an execution error, where I had my limit price and was waiting for the confirmation but hit transmit accidently. That got stopped out in 10 secs for a loss of 44. I have been reading trading books in the...

Made 3 trades today. All three losses for a total loss of 117. In one of the trade I had the stop at the wrong place and lost an additional point there. I followed the plan and it did not work today. I have noticed that if my entry is less than 2 points from the recent low, it is necessary to...

I am not sure if watching the market for 5 years will help me much similar to someone watching a surgeon perform surgeries will help that person with actual surgeries. Even with all these losses my account is exactly where it was when I started so I had wins along the way. My problem is just...

Just to add to this, there was another trade after 8, that would have resulted in a loss of 2 pts. and another one after 10.30, that would have been profitable for 8 pts. My time is Pacific.

This is based on personal experience and observations. Many people have their stop right below the 30 min low. I want those stops to be taken out and the market to just stay there. I wait for a down bar that does not make a new low and will buy once price goes up above the high of the 1 min bar...

I have saved the charts. My PA method gives 1-2 signals at most. Basically I am buying the break of support on 30 and strength on 1. I use the 5 min for filter. If the 5 min breaks the 20 p low, I do not take it. I am going to just trade this set-up and not switch between strategies or add...

I haven't updated in the last 2 weeks because I did not trade good. I started adding few indicators to see if that will help filter out the trades. It just made things worse. Now I am going back to basics and trade based on PA only. No indicators, just 30 min, 5 min and 1 min chart. Will...

I use PA primarily but found that using an indicator helped more. The only thing is that there are few indicators that could have predicted this morning's rally but PA as NoDoji mentioned would have got you in once the market rallied in the first 5 mins after making a low.

Here is the execution report. It is the third trade, the first 2 were my dumb mistakes for not being patient.

Here is another example from yesterday. At (1) we had the divergence. At (2) price made a lower-low. At (3) price went below the low of (2). At (4) we had 1-min make close below the open but above the low. At (5) we exit.

You'll be missed!!!

Anyone know how to size the charts?

In the above 5-min chart, we got a divergence at 7.00 cst (1). The next 30 min bar made a lower-low (2), and the next bar (3) made another low. Now we go to 1 min chart and at (4), 1 min had a down bar but the low was above the most recent low, so we buy at the high of 1 min bar. Exit is...

Okay here we go. Although I started just using PA, I noticed that I could use an indicator to filter out good ones from the bad. I have 30 min, 5 min and 1 min chart. I have the CMF on the 5 min chart. Basically I want to see a divergence on the 5 min chart. Current 5 min has to have the...

I am still not being patient to wait for my set-ups. Yesterday I made 3 trades and 2 were losses and 1 was profitable for 9 pts. I should have only taken the third trade. Similarly, to day I made 4 trades and all were losers. I am just going to post my set-up and tell people what I am looking...