there a nice bounce here, where it begins?thats why i add 
ES Journal - 2015
- Thread starter Buy1Sell2
- Start date
That's what scribblers do - we read the market. We plan our trades in advance. Do we know whether it will be a short or a long? Nope. That is not for us to decide. That is for the market to decide. Do we know what out exact entry will be? Nope, but we know what price must do to tell us when and where to get in and when and where to get out.
Better not to watch the screen eh? Happy for your results
Slight modification.
Long NQ 4314.50 limit, stop market 4300, size divisible by 5 with three targets, first and second above 2015 highs, third above all time highs.
So what you are saying is the market could go up, OR it could go down? Consider my mind blown.
The point is to look for a place where price changed direction in the past, and realize that it might reverse, or it might break through, and have a plan in place to trade as the market itself dictates. It is simple, but apparently not very easy.
Yes. But what you might find interesting is that my chart was posted before the fact, not in hindsight, and that it outlined two trade set ups. The short set up exactly as outlined. Your added annotations are mere distractions.
Correct, and such process is not always as pretty as the chart diagram the poster whos chart I edited, suggested.