It doesn't have to be non-Windows to be simple. Traders commonly believe that they need to spend tons of money on trading platforms and charting software to be successful. After 15yrs, it should be clear that this is not the case. There are plenty of threads here on both, and there's google.
My lines are in the chart (for the same period of your chart), I ussually don´t fan the line until I get a hh or a ll. But I could be wrong.
Blue circles: Longs Pink squares: Shorts Exits, up to the trader, taking into account one cant be long and short at the same time, unless one holds 2 accounts.
Niko, the conversation did devolve from seeing the bars in a chart. I did stop trading for a few weeks, and observed. Backtested, and forward tested. Last week I tried a live trade day and the stayed in the routine all day. A unique experience and it just felt right by the end of the day. And very different from the way my prior trading behaviors and emotions were. I'm not saying I have it totally nailed at all, but some step has been made. Of course I want to stay live, but observing was so beneficial that I'm going to do that some more.
No mention has been made of the level of the retracement at 0953. This in itself suggests strength. And strength there is, though short-lived. Today provides a good example, though, of the importance of waiting for a retracement after the break of a demand or supply line before entering. If this were applied, there would be only two trades after 1006, one a winner, one BE.
Sure, I am happy you got the idea so fast, believe me I am the dumbest one in the thread. Just that if you focus now on what is not important (broker selection, platform selection, commission discounts) you will get deviated from what is really important LEARNING HOW TO TRADE. Once you got this right you can open an account with the cheapest broker out there (one of us will probably tell you what we use) and make a killing, but for now, just learn, is cheaper.
Hooti When you say TOS does that mean Think or Swim, and you have a TD Ameritrade account? If so you could try Quotetracker. See the thread here on ET titled "QuoteTracker To Be Finished End of 2011" for more info. (there are a few things you need to do to make it work now since TD Ameritrade has discontinued it) May not work with a new TD account. (see the last few pages of the thread, as there was a discussion about this) It's a great platform and free, if you can get it to work.
I considered 9:46 to be the first retracement after the break of the SL, hence the entry at 9:49. As the long was green by 9:53 did not really pay much attention to pyramiding. By the 2 trades are you referring to the short at 10:12 and the long at 10:24
The short, yes, the long, no. There are no longs since price is falling. A long would shove you into chop.