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moved stop to 53 just above supply line

short on the lower high at 3555.25 initial stop at 3557.25 moved to one tick above minor swing high at 3554.25

My stop was at 53.25:)

Couldn't trade until 10200 cst but here is the 1st trade of the day. A long off of the double bottom at 1024. I have my demand line drawn and will stay long until broken or fails at a swing high

Thanks RN I really appreciate you taking time to help with my approach!

Would you mind looking at my 500 tick chart and see if you think I missed something. I'm trying to day trade but not over trade and am trying to limit my amount of trades. The question I have is when you have a method that's profitable Douglas says you must trade each valid setup so I guess I...

On average about how many trades per day can I expect? And do you swing trade intra day or scalp

I thought when drawing a down channel I am suppose to start from the high and run in through the next swing high

I've already printed it off were those places you would have traded. and by outlining do you mean the reply with the charts, and also what did you think of the chart I printed of the nq?:)

500 tick

after today

here's the channel I've been using

on the 1 minute I see a lower high short at 955, a long on a higher low at 1030, another higher low at 1045 and 1115. plus they were all bounces off of trend lines

For some reason my computer at work won't let me upload the chart but I will from my pc this afternoon

If you draw the trend line from 3740 and extend it through the high in 3/11 we are sitting right on the trend line so today could get interesting. with the mid point of the down move being 50 points below around 3500

The prep work before the trading day starts is one area I will put alot of effort into in the coming weeks

The only difference I see is the amout they travel from one end of the channel to the other

So RN is using volume at price a good place to start as far as looking for support or resistance?

the buying or selling pressure is such that price isn't allowed to go very far from the channel line

Happy Easter to all of my et friends