Search results

Patience pays off. 2 trades, + 6.75 Brief notes as usual on the chart.

No trades yesterday and looking like none today. I think i'd rather go study some charts than watch more of todays non-action. Have a good weekend traders !

+1.5 on 1 trade short. MFE +6.25 but a realistic exit would be around +5 if i acted sooner. There was a reversal bar that i could have acted on. Holding any longer than i did would have turned profit to loss. Lesson: Need to trust price action and act quickly. No other trades due to...

hey if you're going to keep at this journal you need to at least learn to spell 'lose' and 'losing'. Either that or only have Wins ! :)

How are you determining vwap ? Last n period of time or ? Thanks.

Thanks , JP ! I hold stocks and will swing trade for longer trades but currently just focusing on learning to day trade the futures. I actually tried day trading futures almost 20 years ago. Pre internet days. (Anybody remember the NYFE ? ) Pick up the phone, reach for the speed dial button...

AHG v1.0 !

1 trade + 7 Possible areas of improvement . Earlier entry , earlier exit or could have re shorted at failure to get above R1. On the daily charts I've got a very bearish bias right now so I was trying to hold this short as long as i could with out giving up too much in open profits...

-2.25 Buy off LOD One possible mistake i see is buying on the down TL near possible resistance. I've frequently seen these kinds of buys turn up fast so i don't think the entry is terrible. Now, maybe the fact that it didn't take off should have been a indication to get out sooner. Another...

Thanks for the info. Technical problems during trading hours are always a heavy sigh, damn it kind of moment.

I'm calling it a day. Got a few things that need to get done. Taking some charts home to review. Anybody have any problems with the NT7 upgrade ? I haven't done it yet. Expect to do it next week unless somebody has a horror story.

Seems like there's time to post. This is becoming one of my favorite set ups . exit for b/e . The way the week has been going i didn't want to watch this turn into another loser. Normally i would have given it a bit more time. So does that mean i'm not following my plan ? Maybe. But...

Ok, that 's what i thought you meant. thanks

looks like an EW 5th wave off the july lows. 1250/60 area for a top if you believe that kind of stuff.

jp, not sure i understand what you mean but i'll keep looking. I haven't noticed much of diff between volume and tick charts. thanks.

Generally I don't trade the first hour or so on thursdays as wed is a late night for me. When i did make it to the office the action seemed slow, but I did buy a break out. I think this is a decent trade that just didn't work. I'm aware to be careful on HOD/LOD b/o's but as noted on chart...

Thanks, jp. The big gaps are still unfamiliar to me. Appreciate the input.

After reflecting on my trades yesterday i'm begining to believe that when i'm focused my entries are not bad. I think i'm making a small step in the right direction which gives me a small bit of hope. My current problems are not waiting for good set ups and not finding good exits. Today i...

I wouldn't worry about posting trades live. Stay focused on your trade, IMO. Good luck . Look forward to following along

-3.75 Frustrating. Lots of movement today . Seems like i should have been able to pull a couple points out of it. 1st trade was simply a boredom trade. Knew it as soon as i got in and regretted the entry. I haven't made this type of impatient mistake in a while. And to top it off i sat on...