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I don't understand why you had to go to a higher time-frame. The chart's time-frame seems to indicate the same resistance line.....maybe a little higher.

Same here. In your case, you sold at support....not usually a good idea. However, it broke and of course turned then into a beautiful trade. Many times it will reverse at a support level.

Definitely agree with this. 4 is way too much....1-2 max.

Great idea....I need to start doing the support and resistance line drawings manually....that will make it clear and deliberate and obvious.

Look at this set of bone-headed trades....right near the close of today in ES. That last trade was obviously a "bottom tick" deal and I sold at the lowest possible point. Luckily I did have a tight stop in place or else I would have down $500 in 15 minutes if I held till close. The reason for...

Here is the trading analysis so far for April. Wow, I have a lot of work to do....look at the problem areas...and there are several. Getting out early is absolutely KILLING ME....and well as selling into support. That happened a lot today.

Yeah, right....more profits for the CME...as if they aren't already rich enough. So equivalently, it's $2.00 for 10 micros vs. $1.18 tier 1 single Emini.

WTF are you talking about ? Look at this past afternoon....straight down till near the close. Listen up - I'm a scalper and short term swing trader. That volume is not uncommon....ask the prop shops. Plus, I'm all-in at $2.03 R/T per contract with Interactive Brokers. Like what ? This is the...

Yep, it's a lot of work, but it's made a difference,. But habits are hard to break. I am still trading the against the trend 20% of the time....and still cutting my profits short a whopping 25% of the time. I am putting in "perfect trades" about 20% of the time....gotta improve on that. I never...

Have to be up all night to trade the HSI....and pay extra for the data feed subscription. Ughh....and ughh. NQ is more volatile that ES for sure.....but I haven't measured the difference from an absolute standpoint. I do know that NQ requires wider stops than ES for sure. I still call it "the...

Agreed. I broke my rules and kept trying to short the afternoon rally. BOY WAS THAT DUMB. See, one of my big problems is my short bias. At the end of the day, I went short, but cut my profits short instead of letting them run. For some reason, I am averse to a trailing stop (yet another...

Manual. Automated would generate too many trades and be costly in commish. Don't know...my stops keep me from losing my shirt. Just indicators, but after a day like today, I need to consider using pullback logic to enter a trade. Way too many poor entry with the indicators. 30-40 trades...

OK Guys, I constructed this cool spreadsheet that tracks every trade according to the problems identified as follows: Hesitating Getting In Ignoring Signals In Hesitating Getting Out Ignoring Signals Out Didn't Flatten bad trade Stop Loss too tight Stop Loss too Wide Lost Concentration Entered...

Basically this reverses my strategy....interesting.

Guys - the evening market is up on China PMI news.....not the China Trade deal....which is way down the road. I suspect there is some short-covering in here too. http://english.gov.cn/archive/statistics/2019/03/31/content_281476587623072.htm This rally happened way before the Asian open...which...

Break-out systems usually hit 60%....I've backtested them a while (long while) ago.

What market is that from ?

Same here. When I hit 60% I am thrilled. I can even make money down to 40%....but the profits are usually meager. Anything below 40% and I am losing big-time.

Because I don't get filled all of the time....and then I see the market rip in my intended direction... and I'm not "in". Oh, does that suck. You bet...same here. Trading the Eminis is much more complex than one would think. There is this guy with a handle of MBAGearHead.....he posts his...

Bottom Ticked....omigosh can that rattle you. Happens to me all too frequently as well as does it's brother Top Ticked. I think the algos are responsible....as they "know" where the maximum move is going to be.