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No agenda. "Time span" is fine. But a 1m bar is not a timeframe; it's an illustration of tick activity during a 1m interval. Or span. Unless one is trading for only one minute. A "bar interval" can also be a "candle interval", if that's what one is using. What matters is communication, not...

You ought to talk to Gringo :)

Pretty much. If price breaks through a line, it does so because the balance between buying pressure and selling pressure has shifted. That shift may have something to do with what's gone before, or it may come out of nowhere. What is most important in the moment, however, is that the balance has...

There's always the possibility that you could develop a plan based on trades, but since you're skipping ahead, you will more likely spend much more time getting where you want to be than if you worked your way through the development of the plan as suggested. Gears has the right idea. I...

I assume you've seen the pdf below. Others go so far as to put it all in spreadsheets. And if you have to go that far, you should. But this can't be that precise, anymore than behavior can, nor can it be mechanical, anymore than behavior can. So do what you need to do and do as much of it as you...

Your illustration is fine, but I don't want to assume that we're looking at the same thing in the same way. You can ask yourself what it will mean if price returns to the range and behaves the way you suppose it might. Doing so might encourage you to drop the idea of trading reversals and...

Yes, at the beginning, it does need to be a hard and fast plan. Otherwise you will be far more likely to wander off the edge of the road, then off the road altogether, then into the weeds. Develop a set of rules that any moron could follow. If you were to drop dead in the street tomorrow...

Which is pretty much what Magee was saying about the map and the territory. The map and the territory should match. If they don't, then it's much easier to get lost. Like all that nonsense about a Head&Shoulders in the ES.

No objection, if you're talking about trades you're going to take or trades that you took based on your trading plan. But given all the couldawouldashoulda, it's most likely just hindsight wishing, which is essentially masturbatory. Aside from that, if you can tame CL, more power to you. But...

This is the phase that I wish so many others would not skip. I know people who've been at this for months, or more than a year, who don't see what you see because all they can think about is entries. Take care, however, that you not become so entranced with the lines that you forget to think...

The journal can also be used to plan for the coming session as well as to review the session afterward.

A hinge results when price reaches equilibrium. Price cannot by definition reach equilibrium if it's angled upward. If you're interested in hinges, I suggest you look for them without CVBs. You might also want to remove all the lines from your charts.

You may find the attached pdf useful.

Someone on another thread wanted to know if he'd drawn his trendlines correctly. I asked if he knew what the purpose of trendlines and trend channels were, but he never responded, so I'll post my reply here since this is the sort of thing we're working on in chat. Here is his chart: Those of...

"Timeframe" refers to the span of time in which you're interested: a day, a week, a month, etc. The 1m, 5m, etc, refer to the bar intervals to be used to illustrate the price movement within the timeframe of interest.

What exactly will you be on the lookout for? What are your criteria for determining (a) whether or not there is a long to be had and (b) how to get it? Ditto. What exactly will you be on the lookout for? What are your criteria for determining (a) whether or not there is a short to be had and...

Trade review can be an excellent means of spotlighting errors as long it doesn't degenerate into a lot of CWS. But you should do it now while yesterday is still reasonably fresh, though if it's too late, it's too late. If it is, keep it in mind for next time.

There's a buyer and seller for every transaction, and there are plenty of both represented by those volume spikes, but the buyers are willing to pay what the sellers are asking, so price rises. Don't know if that qualifies as "insight", and I can't tell you why the volume spikes occurred at...

As long as it isn't Section 8 :)

That still hasn't been figured out. Before you hit Submit Reply, copy your post. If it doesn't post properly, paste what you copied and hit Submit Reply again. I had to do that four times this morning before the post would print. But at least I didn't lose the content. Again.