The entry on the first trade of the day pretty much nailed the first Pt. 3 of the dominant down channel, so I was pleased w/ that. But I struggled with the Gaussian reads for most of the day Especially this a.m. , it seemed the non-dom traverses would occur on greater volume than the dominants. The lack of number of trades today attests to my continued confusion in this area. I will continue to watch and (hopefully) learn ...
I've answered WGTrader's question elsewhere, but in case anyone else would be curious, these bars are called Flutes, available within Ensign software. Basically, just a graphical presentation of intra-bar volume activity.
Although the results are again quite modest, I felt better after today's session. It seemed that I was able to anticipate points of change a bit more accurately, although the market did oblige by providing some much clearer Gaussian forms to guide the way. I like to think I could have produced better results had it not been Grand Central Station around here, what with phone calls, wifey, dogs, etc. Each day is a new 'trip'
More of the same - quick to take profits in countertrend mode. It's quite evident I have a mental block against joining the trend, and I think it's exacerbated by the p/l - so, starting tomorrow, to hell w/ the p/l :eek:
Hopefully I can show up tomorrow, Tums. Apparently, malware has got the best of me here and I haven't determined yet what I can or cannot do on this machine. IE is totally corrupt, but luckily had Mozilla installed,and was able to get on line. The last bootup showed problems w/ Paltalk, so don't know if I can reload through this browser - will try later tonight. I'm half afraid to try the trading stuff, because I hate computer problems, and if it doesn't function, I will be hard to live with. Today's results attached ...