These are based on the 5-min. chart and they are also the daily high and low for 8/19. Resistance at 9433 Support at 9336
I don't like to use divergences (if you're talking about looking for divergences between price and an indicator, such as RSI, stochastics, etc.)....
Hi Baggerlord, Thanks - I agree. In my updated rules that I posted a day or two ago, I added the use of the 5 minute chart to locate key...
I didnât paper trade in real time this morning because I was busy with some other things I had to do. Instead, I looked over the chart this...
A couple of notes about this morning: I missed a retracement trade at 10:07 am that probably would have been good for about 10 points. Also,...
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6 Trades: 2 winners, 4 losers Total: -10 pts. (Note: 1 missed trade that would have been +20) Another rough morning. There was one trade I...
I'm using e-Signal and trying to set up some charts to follow along with this thread, but I'm having some trouble with the Chaikin Oscillator -...
Here are the updated trading guidelines. I changed the entry for retracements since I had it incorrrect and added some stop placement rules to...
Thanks. I'll keep these things in mind when trying to trade this method. Also, yes, I've been reading your journal. It reminds me of a day I...
I'll keep this in mind. I noticed you said that you will wait until you have 10 pts. profit in a trade before you start to trail a stop. Do you...
OK, thanks. I misunderstood the entry for the pullback trades - I thought you were saying to enter on the break of the pivot, rather than the...
Yes, it was. If you look at the bottom of my notes, I commented on that: "Note that I had missed a trend setup (short) a few minutes before trade...
10 Trades: 3 winners, 6 losers, 1 break even Total: -20 points. As you can see, things didn't go so well today. I got whipsawed a number of...
3 trades: 2 wins, 1 b.e. Total: +10 pts. I just started following the trades in the afternoon. All trades are paper trades. I write the...
Yes, I'm seeing that the range trades can be tricky already, but then again, they all are. I have a couple of great charts I made to upload, but...
I decided to post my results and notes here because I wanted to follow Baggerlord's YM method in real time for a while to see how it works, but I...
It sounds like an inefficiency has been arbed out of the market. So many people trade gaps that they probably started anticipating them - there...
O.K., thanks. I also have a couple of other questions... What is the purpose of having different MAs of the highs and lows (10 and 8)?...
Baggerlord, Does the opposite apply for these entries? In other words, for pullbacks, can you go long after 2 bars completely above the HMA...
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