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By far most of my trades are done in a 5 minute chart. The trades above are in 5 min TF. That is indicated at the top of the chart. That TF gives me plenty of scalping opportunities during the session.

Glad you like it. Hope it helps in some way.

Sorry bout that. I think I might be on the fringe of things too!

Here is another martingaled trade before the close. This one was done on successful BO of the channel betting that any PB would fail enough at, or before the EMA, and that an averaged down martingaled position, could be successful and render a profit. The successful BO out of the bottom of the...

Well I gave the warning, but I sort of figured you was a rebel anyways, but at least, I have given fair warning. LOL

I hear you. Loud and clear. Those market turns aren't to take out your SL although it seems that way. They are what happens when institutions do price probing. I know this sounds crazy but price cannot move even one tick unless an institution cause it to move that 1 tick or wants it to move that...

While I don't recommend martingale I will sometimes do it. One of the ways to implement it is counter - intuitive to that of fading the edges of a channel, or trading range, that I have talked so much about in this journal. Since the durn thing was broached by @ondafridge I will give an...

I use averaging down to "build” a position when I have reason to believe the trade will go in my favor, even though at the moment I may be experiencing some adverse PA to my position. Averaging down, or scaling in as some call it, should not be used as a mechanism to avoid a loss. It is a...

I don’t recommend martingaling. When it does work it can be very profitable. To do it a trader has to have great confidence in their ability to read the PA in the 3 contexts I often speak of. I have done it but I don't recommend doing it even if one has unlimited source of money for even then...

To go from 30 to 720 shares averaging down you were apparently trying to salvage a loss. You must have had MULTIPLE long entries. A trader cannot be averaging down to avoid a loss. Averaging down is a strategy I use for scalping. What was the larger, intermediate, and immediate context at the...

I probably won't be posting next week Monday through Friday in the journal but if this way of trading appeals to you then you might wish to print this journal out and study up on it. I realize I have not always organized stuff in a clear categorized way because much of the time I presented the...

If you are interested to see how the morning advanced, after my charts in my post #1424 above, then here are the same charts with more info as the session advanced. I stopped trading shortly after noon but one can clearly see the cycles as the session advanced. Look at the second chart below...

Another long post LOL. Don’t go to sleep reading it!

Ok it is the weekend. I am feeling better so I want to make some comments on the two charts of my post #1341 like I said I would do. I want to drive home some points. A Routine to Follow: Before I begin trading in the morning I have a little routine. Once my lazy carcass has crawled out of...

LOL I hope those edges work. Easy to find out if they do ON A SIM. It ain’t no fun losing play money on a SIM! ROFL

I am not against having a R:R structure for trading but I do think the need of it can be overblown. While I know math can be relentless having predefined R:R may theoretically and mathematically can seem like a good thing. I just don't fret too much about it. Not that I never use it. At least...

That point was not under discussion but it is a reasonable point to bring up. It may mean a difference between a trip to Dillards or the dollar store! LOL. The main issue we were discussing was getting in late on a BO then getting stopped out on a too tight of a SL. While PT is certainly...

You are welcome. TRY IT ON SIM (I REFER YOU TO MY POST #1252) LOL

Ok cafeole Another long post ROFLMAO. You said you are having problems getting in late. Then you get stopped out with a loss. You went long at 4410.75 at the blue triangle marker you said in your chart below (first chart) on that bear doji after the initial BO bar of the open. You got stopped...

Was your INITIAL entry a long entry at the top of the wick? That is, at the blue triangle this is your long initial entry OR is the blue triangle an initial short entry? You have it labeled as a sell or a short. Please clarify. Your platform is a bit confusing (at least to me). However, for you...