I can't really prepare for a range, hinge or chop zone in prep. If one shows up in real time, it will influence how I'd manage a trade I was in or...
That doesn't rhyme well with a tested trading plan does it? I've spent much time on when not to trade, probably more than on when to trade. It's...
I've noticed that the basic SLA rules gives you the opportunity to re-enter in a strong trend. If one adjusts the lines to "hug price like...
Thanks K P, that's a good point. I would probably have been stopped out. It's just that I don't have "exit at level where price hesitates" in my...
Friday recap. [IMG] I did a mistake exiting the second trade at the mean of the overnight range. It was out of plan. :p
Friday prep. [IMG] No question on where the line of least resistance is. The prel. consumer sentiment survey is released at 09:55 and I...
I agree with some of the observations you made in your journal today. But - thinking about scratching quickly becomes somewhat abstract and a...
Thursday recap. [IMG] Not a good session for me as I found it difficult to concentrate. I've started to test some scratching strategies...
Prep for Thursday. [IMG] Airspace below so let's see what happens.
Thanks Niko. I'm going to do the scratching thing soon, I'll get back to you on that :) .
Wednesday recap. [IMG] There's only one word needed to describe the session for today: range. Another good day to practice patience.
Prep for Wednesday. [IMG] FOMC minutes at 2:00pm today. I hope that doesn't put a blanket on the market.
:) Thanks.
Well, in the open position the 1 point loss is unrealized. If the reason for entry is still valid price going against you need not be a reason to...
I am not sure why you've posted the "SLA" rules here. I was looking for the (now imaginary) 5 rules for scratching because for some reason I...
No wonder I did not find them. Wrong context. :p
Thanks. I did look at them before but I will give it another try now that I am actually looking for something. DbPhoenix mentioned something about...
Tuesday prep and recap. I wasn't able to post this before as ET was unavailable. Prep. [IMG] Recap. [IMG] 'T was a difficult day. In...
Alert installed :D . Thanks. Sometimes it seems I miss the obvious.
Thank you. I can see where the dynamics changed but I did not spot that hinge in real time. Actually I had a bit of a problem locating it in...
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