Bookmap Traders APEX Journal

I entered this short at a key level - Initial balance High. Since the context for me is 2 way trading at this moment, I entered a short based upon the probability to revert back to the center. I used a stop run and a trigger afterward to see exhaustion of the buyers before going short. The Initial balance failing in a balanced market is a high probability of returning to the mean Here is the screenshot
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Here is a screen shot of one of the better trades today. with my style, I find my self scratching a fair amount of trades.
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I am purposefully watching without intent to trade today and tomorrow. Its a practice I have found from Peter Davies videos forma few years ago. In it, he states watching the market without any intent opens you up and I have seen that happen in my own trading. For today and tomorrow, I am only gonna narrate the action like a commentator at a football game. I have a live stream you can visit, just see my profile for the link.
 
swimmus said:
I am purposefully watching without intent to trade today and tomorrow. Its a practice I have found from Peter Davies videos forma few years ago. In it, he states watching the market without any intent opens you up and I have seen that happen in my own trading. For today and tomorrow, I am only gonna narrate the action like a commentator at a football game. I have a live stream you can visit, just see my profile for the link.
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And so Bookmap helped you make these trades then? Fascinating. Wonder what it would have done without a chart clouded up with colorful bubbles that to everyone else looks like mashed potatoes with food coloring?
 
Overnight said:
And so Bookmap helped you make these trades then? Fascinating. Wonder what it would have done without a chart clouded up with colorful bubbles that to everyone else looks like mashed potatoes with food coloring?
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Yes it did. Like anyone's chart, they can all look like mashed potatoes to someone! lol. Good analogy!
 
hilmy83 said:
Are "absorption/exhaustion" terms that traders like to use to explain stalled price action?

Couldn't someone without bookmap make the same conclusion just using price action?
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Two distinct phenomena;
Absorption occurs with higher volume.
Exhaustion is when the volume drys up.
 
FTDK said:
Nearly 4 months after the start, made any withdrawals yet?
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Nope, actually lost the account in April then redid an eval soon after to get funded again. I now keep an account close on an eval so I can be set up quickly if I lose again. I trade 2 or 4 lots of micros, so its hard to build up enough to get your cushion and withdrawal. I have a 25k account and need a minimum of 1000 to withdrawal. In addition, once you reach 26,500 then 25100 is your kick out point. To have a cushion big enough to go through some serious drawdown, I calculate I will want at least a 2k cushion at the current rate. I need 3k before I can withdrawal within the Apex rules, so it could be a long time before I get any withdrawal. For Apex, the odds are in their favor!
 
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