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Thanks for the response. The problem that I have with this is that it assumes that the slower fractal will continue. You enter on the faster fractal, but find that the trading fractal is actually signaling a reversal on the slower one. You lose. This happens as often as does continuation on...

Commonly stated, but basically flawed. Attracts the mentally weak.

Why is it that you "believe" that the trading fractal must be surrounded by a faster and slower one? Backtesting? Observation? Makes sense? I am asking seriously, since this is a commonly stated concept.

Volume charts seem to work better for me. Looking at the 5000V chart today it was pretty clear that there were only 3 or 4 good trades.

Today. Difficult day for the timeframe I was on. Traded too much in the chop.

Today

On bad days these lyrics speak to me. http://www.youtube.com/watch?v=l6Z7LR8Z9_o

Not trading last few days, just checking in as work allows. Today I probably would have been negative looking back at it.

Thanks LL, I read your YM journal and saw that also. I did not do the numbers, but it looks like you are doing ok so far. I suspect you are not the "neewbie" you proclaim to be. :cool:

LL, What timeframe chart are you looking at?

Missed the good moves this morning and just had give/take this afternoon.

Sounds like it might be more of a trendiness indicator. A chart might better explain it.

today

LL how did you do?

Sick today, no trading. Just watched through an antihistamine haze.

Today was a hard day. Morning was narrow range.

Gotta love these first time posters...would that be TRO?

This from a Hershite! LMAO :p

Very good post. That would explain the lack of any suggestion of success. Just throwing out bait. Well, everyone has to pay their bills one way or another. ! I assume TRO is very wealthy and is only offering his concepts as a token of good will to the trading neophytes, and not for any...

Just for giggles, my trades today.