The “Pro”-cess - Discipline -

[ironchef]

Bad metric.
"Everyone is a genius in a bull market."
Including dozu.

True, that includes all of us here on ET, yours truly too.

Maybe we all should quit while we are ahead?

 

[ironchef]

Bingo! And a lot of us are all looking at the same lines. I love it so much.

So you too are printing money with the same lines, like @tommcginnis said?

Bad metric.
"Everyone is a genius in a bull market."
Including dozu.

 

[jeffbader]

So you too are printing money with the same lines, like @tommcginnis said?

Lol I wish. The lines aren't an edge all by themselves in my opinion, but it is still amazing to me, watching history repeat itself with some of the significant price levels.

 

[xburbx]

Magic lines....that would be great. When I draw enough lines, one always looks like it works

 

[xburbx]

Nothing showing at the moment. I will check back around 9AM ET. My rules don't let me trade until 9:30ET. I just watch until then.

 

[xburbx]

It looks like if anything sets up for me , it will be in the afternoon.

 

[xburbx]

Pretty unlikely I get a trade in today. I probably should have started by monitoring multiple instruments to get the test batch completed. Staying the course though .

Also noting that my next system to introduce will include 'range' trading.....I haven't had any trades since last week because this is closer to a rangey few days than trending.

 

[xburbx]

Eyes are on the 60M potential channel this morning. It would take a while for it to set up, but at least there is something to look at today.

 

[xburbx]

There is also the possibility that the 15m sets up counter to the 60m. If that happens, I anticipate a pretty hard move to resolve that conflict.

 

[xburbx]

Watching some traps play out. Both sides are holding each other hostage at the moment. Slight favor to the buyers. The next 11min should tell a lot.