Nice trading today in difficult territory. Are you scaling out or am I misreading your chart?
My first entry today was 09:34 at 3508. As I trade using Spandex it was good for a few points. You've really given us something to ponder today....
I don't know if I'm one of the two but my answer is "no, there is no reason to exit other than because of fear or disbelief in the method". Edit:...
It's the bottom channel line. Edit: [IMG]
I take it you either trade a retrace after a reversal (a.k.a. bounce) at the extreme or a retrace after a breakout of the extreme? Sorry K P to...
:eek: :p :D
[IMG] Thanks for sharing your journey.
In my own backtesting I've used the break of the bar that makes the crest/through. In the last post above (with the 2 charts) I used 1 point from...
True. It's been a day now and another session has passed. Returning to this feels a bit like nailing jell-o to a tree but I did go back and...
A suggestion: Please be a bit more specific. Name names. Now I am wondering if you are referring to me or someone else. I don't question the...
Thanks, I will redo the entire chart with this in mind. I have some other stuff I need to take care of first but I will report back here, eventually.
Thanks. It's difficult to know when to "trade scared" and when to allow price to go against you for 5-6 points to stay in the trade. The basic...
Today I've tried to annotate a chart the "pure SLA" way (done after hours). I trade real time using some extra filters but I really want to know...
No need to apologize. I am a bit cranky today and it was a good answer.
Sure, Fluke. I guess anyone seriously working with the "SLA" method verifies that within the first few days of interest. It's not what I have...
I understand that as the best entries are those that signal after price reacts to a level depicted by AMT. That is how I have interpreted the pdf...
Db, I am getting more and more confused. So that is all you are looking at. Ok. What do you do with it in the context of "SLA" (that you wouldn't...
When I started this journal I didn't really know where it would take me or if it would take me anywhere at all. Everyone (or so it seems) thinks a...
It's actually not very difficult to test at all. There might be nuances you'll have to decide on and keep constant, that's all. Give it a go.
Somehow I need to make your plan my own. For me that means I have to back test to know it's valid and also to see how it's worked in the past,...
Separate names with a comma.