HA gives me the best Way I have found at seeing the current live direction, yes you lose some detail which is pretty much noise but you can see the flow better than M5 Colour blind, Reds are very dark to me. Wont take you long till get to the 20 expected 1 or 2 trades lol PA lines might make them seem less random for sure, dont draw them personally found there accuracy to be lacking, im all about momentum.
I'll be here AM Wednesday, tomorrow. Wish I had more time to trade but so is life. Hopefully in the new year, I'll be able to change shifts at work and be able to trade every morning session at least. I'm ready for that. I'd prefer more consistency but that's what I'm working towards. Trade the method. Screw PnL. Freedom to be patient. And coffee, ding dongs, cigarettes, and mountain dew. Kidding. -JS
Stop starting sucks ruins your confidence, restarting after a few days or even weeks in my case is always a disaster. What's a Ding Dong ?? Trading better than day #2 back today, but day #2 sucked, sadly likely working till xmas
Today's trades. In preparing for this morning's session, there was an obvious zone to test. This became very clear after the rejection of yesterdays HOD. Trade 1: -4 pt Signal: Break out pullback to previous support. Sell 4280.75 Initial Stop 4284.75 Target measured move to the zone to test minus a little. 4267. *stopped out. Trade 2: -3 pt Signal: Breakout pullback to previous support. Previous signal again. Resistance held. Sell 4277 Initial stop 4280. Or breach of trendline. Target same zone. Measured move. 4267. *stopped out Trade 3: -3 pt (price ranged and consolidated, not taking notice). Signal: Same as previous two. Sell 4281. Stop: 4284. Breach of trendline. Target: Same. 4627. *stopped out. Price in fact went straight to this zone. It tested it, and it was immediately rejected. Trade 4: -3.75 pt Signal: Range break out pullback. To a trend line as well. Sell 4270.5. Stop. 4274.25, breach of trendline. Target: Measured move through the zone, 4255. ( minus a couple ticks). *stopped out Trade 5: -2.75 pt Signal: Trendline break out pullback. 4282.75 Stop: 4280. Trendline breach. Target, top of trend channel minus a little. 4290. *stopped out. Left the chicken scratch on the chart for those that wish to see what I was seeing. Going to work. I'll write more this evening about the execution/emotion.
Thats a bad day, I was the same yesterday, worked out what i was doing wrong up nicely today, do the same Adapt and over come.
Here's my assessment (and please tell me if I got it wrong) I assume red/ blue arrows entries.., white arrows exits I only see 4 trades on the chart - 3 shorts.., 1 long The first 2 shorts Entered in middle of the bar Stop place not just past where the trade would have broken down..., but dead nuts at that point 3rd short Not a good trade - it between a DB.., and the range previously created - basically a no mans land 4th (long) Entered into resistance (probably frustrated the shorts up to now were failing so went long out of that frustration) No idea of the bigger picture / not taking the bigger picture into account Stops improperly placed Frustrated Entering haphazardly (impatient I suspect) Not following any sort of methodology / approach -let alone planning each trade out Out of all this - likely the emotions were all over the radar Like I said - tell me if I'm wrong RN
Sorry for confusion. Kidding about the Mountain Dew ding dongs. I do not find losing funny. Hopefully my actions will prove that. I'll respond this eve. Appreciate the feedback. I have some questions but at work.
Our brain – your brain.., my brain…, who’s ever brain Will listen and play out exactly what we tell it You tell it; Trade the method and screw the results Coffee, ding dongs, cigarettes, and mountain dew Just kidding All in the same breath Your brain will listen…, then take the path of least resistance - every time We are hard wired to resist changing ========================= Am I being a hard ass / picky bitch – damn right I am (feel free to confirm this w/ J..., or Slugar) And based on today’s trading – you need to be (called raising one's game / nutting up) RN
Our conscious brain can only process a few thoughts at the same time. Our unconscious can process many, many things simultaneously (heart rate, breathing, listening, keeping the car going straight etc) Our unconscious is doing things we are not even aware of and is being influenced by things we are not consciously aware of. So, yes need to be careful what thoughts we feed it. This is an interesting and surprisingly easy read. Nothing about trading though