Thru 74.... I've had the other issue Easy... I started Hyper and as a result, when pt1/2/3/S/R/FTT/FBO/Resumes come along, I had been prepared for a while (ie. what took so long)... Moving into the EOD zone... MAK!
I deleted the post as I decided it wasnt pertinent but when you pass on a trade like this you got a problem.
I am going to add just a few lines to this. You are at advanced intermediate. Maening you are nailing more than 4 points a day and can go from 1 contract to ten contracts in about 40 days. We are working together to get thru the BE DO HAVE business. 10 contracts running and pulling 40 points (2,000 dollars) at day out of the market works quite well. you lay off surplus into equities and run cycles about 4 days long for about 12% (this is my current read in this after Summer/Fall start up). you are waxing and waning on your attention and you are in a very subjunctive place. Very subjunctive place means this: You have ALL of the truths!!! and you are making more money than you thought two years ago was at all possible. This is a symmetry of history problem. You have been looking, for a while, at a near past that says only so much has been going down. You now see that it is not rocket science any more to pull down 4 or more points a day. Stepping into those shoes means that there is going to be a contrast to the past as you, in the future look back. You KNOW that it all is going to be different. To just tip toe over the line without making waves is not hard to do except for the work load you will have as you step over the line. You have to be grooving all the time after you step over the line. The two factors are: l1. Leave the market if you find you stopped paying sufficient attention and are in the fog. 2. Leave the market when you have been paying attention and feel anxious. You can see that as you pull it down by grooving, that there is a tendency to run with more contracts and have a few partial fills on excellent timing you are achieving. that is how it is. and when you are there in the groove and the market is sloppy(not you though), you feel that is this the end of the ramp up? and isn't there anything more to come in trading life? This is an SCT thread and it turns out 10 contracts at 4 points a day makes the point(s). Its groove time. That is all there is to it. I am narrating you and your chart. It is not posted below because you get to read it first as you look at your chart (looking at my chart is unimportant and a distraction for the moment). you drew the lines using bar 1 and 2. You saw during synch bar three perfectly confirm your annotation. YOU KNOW TO GO. That means you are in and price is in the channel. You watch volume and see that the bar 4 begins and goes up at open and you nip in short as it returns to go with the flow on a volume between your top ray and the middle ray of volume. Strong volume. 81 bars. 77 to go. You get to see confirmation on bars rest of bar 4, 5, 6, And you see precision on drawing counts, (yet one more time). Bar 3 told you by volume that you......KNOW TO GO... Bar 6 confirms short by volume....... You have been attentive for 6 x 5 minutes of 81 bars. In the market almost half the time and right in on synch on a no carry over day. NOW WHAT DO you KNOW???? You know PRV is crutial and the highest volume of the day has to be beat to drive prive further short. The PRV of the prior bar (6) holds for a moment on bar 7 and then it slacks. price hit the LTL extension of bar 6. You are starting in in the last half of the second Gaussian of the first trend of a W day. So all this text above comes frome truth comparisons you are making from data sets. You find that you are going to the medium and then fine as PRV is decreasing etc. You see ths ADDITIONAL volatility is NOW there as bar 7 bottoms on declining PRV. You KNOW TO GO...... see next segment of my narration.....
You have a point 1 of a retrace traverse of the first leg of todays W. Here you failed to annotate. The price is steep it is more money left on thetable than you made with the flawless personal beginning. the bottoms of bars 7 and 8 are used to draw the trendline AND.......... The LTL is not drawn in. Lets see what this cost.
We can look at the drill 1 done this weekend. It said do a log on the trades to see thepotential of each traverse.
So you are in on bar 7 as soon as you know to go based upon the height of the channel and the volume requirement to expand the Hi Lo of the day. Expanding the Hi Lo of the day isn't in your cards and thats the TRUTH and you know that truth.
By drawing the LTL of the traverse you get to see a B2B (YM) take you into a "long" and it is a "rocket" whose volume on bar 10 is the likes of the driving volume on bar 6 that eneded the short. are we in "deja vu land??