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  1. formikatrading

    They say teaching is the best way to master your craft

    Intriguing post by destriero and probably aligns a lot with my philosophy / approach. For me, I have a "framework" that guides what I'm focusing on but the actual decision-making is more discretionary based on skills and "pattern recognition" (conscious and subconscious / intuition), which can...
  2. formikatrading

    ES Journal - 2021/2022

    This rally may not be real in a bigger picture sense -- I still don't have that sorted out. But coming off the fairly extreme bearish sentiment, improving momentum and crypto showing a "risk-on" environment, I think the path of least resistance, and the "pain trade" for now is up.
  3. formikatrading

    ES Journal - 2021/2022

    So for me, this is one of those things where you have to have a big picture view, conviction, and not get so caught up in all the noise. I was lucky enough to catch the sell-off at the end of the day on 2/3 but have been holding through all of this "muck" since then looking for a resolution to...
  4. formikatrading

    Friday morning NFP

    To your point, the bearish case is always the most "logical." Being bullish at the right time typically requires one to be counterintuitive and to act against the prevailing sentiment and news cycle.
  5. formikatrading

    ES Journal - 2021/2022

    That's kinda where I am on this -- and also viewing crypto as a "risk-on" indicator. I can't rule out that this is a wave "B" up and we still have a "C" decline before we go substantially higher but right now I'm not expecting February to close lower than January.
  6. formikatrading

    Friday morning NFP

    Well done. Good trading really requires you to put aside your biases and fears and just watch what is happening. And to that point, this is why I disagree with those who say price is the only thing that matters because the market was essentially "improving" below the surface over the last...
  7. formikatrading

    Help needed - I overtrade after 11am

    NQ with TOS Sequence Counter on Daily.
  8. formikatrading

    Help needed - I overtrade after 11am

    thought there would have been Sell Set Up on VX with the run-up in Volatility in late January.
  9. formikatrading

    Help needed - I overtrade after 11am

    Sun -- can you pull up VIX / VX futures with daily chart with your indicators? Sometimes they work well with those.
  10. formikatrading

    Help needed - I overtrade after 11am

    At least you have a paid / licensed version, but here's the deal as I understand it -- Tom published the formula for his indicators way back when. So technically, anyone can code them and use them. Because they were published, he couldn't prevent anyone from doing that -- which is why you see...
  11. formikatrading

    Help needed - I overtrade after 11am

    Looks like somebody is using those "sequence" indicators. I can't say the name because it's trademarked!
  12. formikatrading

    ES Journal - 2021/2022

    Joe Granville fan club! :D
  13. formikatrading

    Friday morning NFP

    One of the tricks to this trading game is not to get memorized by the short-term noise.
  14. formikatrading

    ES Journal - 2021/2022

  15. formikatrading

    The Grinch Who Crashed Wall Street... Santa Selloff

    Ken: You know I like you personally so this isn't an attack on you but if you work on your blind spots and biases you would see the market as it is and not how you want it to be -- and your trading would go through the roof.
  16. formikatrading

    Beginning of a bear market 2022?

    I actually disagree with the premise. Most people who cling to this idea do so because they don't know how to read the underlying signs of strength or weakness in the markets. For instance, the market showed signs of weakness at the end of last year -- you didn't have to wait for price to...
  17. formikatrading

    ES Journal - 2021/2022

    Wow -- there is intelligent life out there! I'm the same.
  18. formikatrading

    Giving back some of morning profits overtrading afternoon

    My guess is SunTrader's not going to do that for 2 reasons -- 1) It's part of his secret sauce; and 2) it's not just some charts -- it's also the skill and intuition to put the pieces together. I don't know SunTrader but just from his post I can tell he's looking at the market at a level...
  19. formikatrading

    Giving back some of morning profits overtrading afternoon

    YES! You get it, my friend!
  20. formikatrading

    Giving back some of morning profits overtrading afternoon

    This has nothing to do with a.m. / p.m. This is not understanding the market environment.
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