Iterative Refinement

april 3rd real time AM chart with annotations similar to the drill. Area circled is the similarity to the drill.

PS - I wish we would of gotten farther in the drill cuz I might of made some $ today.
 

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Quote from ehorn:

who have proven to me that these methodologies are powerful and profitable.

Lets not be so modest here...the methods are freakin unbelievably awsome :D :D :D
 
WMCN

Discussions of Analysis

Skill improvement drill # 1.5




Here is today's fifth ES bar and also the YM bars in the wmcn series.
The color of the PRV was changed to blue for better visibility on the volume.
Also had to remove the outside bar indicator as it was displaying price and could not just remove that part. If coming across an outside bar pay attention to its color.
For live trading I am using different charting, so this is only used for tick replay. Don't have everything coded complete for this as of now.

Enjoy the drill.

*To see the real magic in this method . . . A group of really good people getting together to help each other succeed.

Here is the Video link for
WMCN skill improvement # 1.5

http://www.screencast.com/t/V2YcXr8jYF


Attached below is the ES and YM screenshot.
 

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I posted my trade at 2pm today along with annotations similar to the current drill we are doing. This trade and chart is very similar to the WMCN discussion that took place several weeks ago
based on cnms2 chart of a difficult area. I didn't have the confidence to execute the short reversal on the 215 bar but on a positive note I was reasoning out the WMCN scenarios very clearly during the trade. BTW I lost 1 pt on this trade.
 

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