I would like to offer some encouragement to anyone who is at or near the same point of the learning curve as I am. I am very much a beginner here, but this morning's action unfolded as if I had drawn a road map for it the night before. I am not trading the ES yet, simply watching and drawing still.
Often I don't understand what it being discussed. Partially it's because I'm not at a place yet to dedicate as much time as needed to this material, and partially it's because I am plodding my way through the learning curve at my natural pace. It's tough to feel like you're "getting it" one day, and then be completely lost the next. Today, however, both the dow and the spoos came down and bounced off of a RTL that I had drawn sometime around xmas. Not once, but twice, in both charts. The second bounce was almost to the tick (all four were no more than 2-3 ticks off anyway).
The point I'm trying to make is that I think that the practice I'm doing is building up my knowledge at a much faster rate then I appreciate. I sincerely hope others are feeling the same way.
On a different note, I've noticed that my dow charts (2 min fractal) seem to be MUCH more accurate than my 5 min ES charts. Is anyone else experiencing this? When I switch the ES to a 2 min chart my channels seem cleaner, clearer and quicker. I force myself to stay with the 5 min because as I said, I'm still a beginner, but I was wondering if anyone could offer some insight into the benefits of the 5 min over the 2 min.
Thanks!
TNG
Often I don't understand what it being discussed. Partially it's because I'm not at a place yet to dedicate as much time as needed to this material, and partially it's because I am plodding my way through the learning curve at my natural pace. It's tough to feel like you're "getting it" one day, and then be completely lost the next. Today, however, both the dow and the spoos came down and bounced off of a RTL that I had drawn sometime around xmas. Not once, but twice, in both charts. The second bounce was almost to the tick (all four were no more than 2-3 ticks off anyway).
The point I'm trying to make is that I think that the practice I'm doing is building up my knowledge at a much faster rate then I appreciate. I sincerely hope others are feeling the same way.
On a different note, I've noticed that my dow charts (2 min fractal) seem to be MUCH more accurate than my 5 min ES charts. Is anyone else experiencing this? When I switch the ES to a 2 min chart my channels seem cleaner, clearer and quicker. I force myself to stay with the 5 min because as I said, I'm still a beginner, but I was wondering if anyone could offer some insight into the benefits of the 5 min over the 2 min.
Thanks!
TNG
