Iterative Refinement

This, by the way is pure gold. A huge thanks for that.

 

Icarus618,

thank you for chiming in. This post is really a gem. Here is the link (the second post from cnms2).

http://www.elitetrader.com/vb/showthread.php?s=&postid=1084576&highlight=Crows+Nest#post1084576/vb

 

Jack's next post after the 'crow's nest' one is very interesting and even lays out a '14-step program', as well as dealing (somewhat) with psychology:

http://www.elitetrader.com/vb/showthread.php?s=&threadid=68927&perpage=6&pagenumber=14

- palinuro

 

My chart looked the same at days end. Nice work

 

Here is a point 3 entry on YM this morning that turned into a wash just above break even.

 

TIKITRADER, thank you. Why didn't you get out at the last decreasing black? Doesn't it qualify as an ftt?

 

Waited for a right trendline break, or really just half asleep poor ass trade ! LOL

 

Wait till you see my trades .

 

Anticipating the blue channel to be confirmed soon ( down traverse, lateral movement, WMCN ? )

 

How about a pt3 up?
See that inc Blk?