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  1. T

    Iterative Refinement

    Starting to know what must come next made it easier for continuation during today's trading.
  2. T

    Iterative Refinement

    I knew to hold my short position even though price was moving against me. I saw the pennant in the ES and then had permission to look at the Dow. The Dow then broke out of the pennant and it was continuation with the short. Because I do not have the skill sets for SCT I previously would have...
  3. T

    Iterative Refinement

    Lately, it seems that the ES market has reverted back to "Normal" (unlike Jan) where we're seeing the major moves happen within the first hour of the day and is relatively choppy throughout late morning and early afternoon. This clearly makes for tougher trading - does anyone have any...
  4. T

    Iterative Refinement

    I like to clean up my charts. I realize that i do have an FTT w/out a channel, that is my mistake. At the end of the day I then go back and fully annotate my charts.
  5. T

    Iterative Refinement

    That was amazing. I used your channel which you pointed out, and combined it with an FTT in the up channel. I just covered my position way too early in an attempt to take profit. I know I have to work on this aspect of my trading. Knowing what comes next would have keept me short. The...
  6. T

    Iterative Refinement

    I did not see it, thanks!
  7. T

    Iterative Refinement

    The 10:30 bar created a higher high of 63.75, which prevented me from entering short on a PT. 3 channel. I now realize that it was also an ftt in my up channel. However, I did not see it in real time. It looks like the YM may retrace to the LTL, but I couldn't find an entry point.
  8. T

    Iterative Refinement

    I'm lost today. I can not coordinate my charts. Should I be short with the YM down channel w/ FBO or long in the ES up channel?
  9. T

    Iterative Refinement

    Usually I like to wait until I see the big picture develop. However, I gave credibility to the higher volume globex bars. I drew in my larger big picture RTL. The second bar of the day tested this support line so I began to anticipate a traverse in the Up channel. I then saw a pt 3...
  10. T

    Iterative Refinement

    Here is exactly where I bought it. Is this a good example of using hte overnight session due to the higher volume resulting from the economic report? Is this MA valid with the overnight session? I used it in this case to get long, after believing to be valid. If not, what verifies that using the...
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