David.. That looks pretty good for where you are in the journals. Remember to disregard the channels once price breaks out on increasing volume. You'll see that price action doesnt exactly follow your orange and pink channels because you recycled pt 1 of a previous channel. Doing this gives you alot of "FTT's" where there really shouldnt be. Keep at it and you will be happy you did. Nice work -- hope this helps John
My ES for today. I've been giving QuoteTracker a try for the last couple of weeks. I'm getting to like it! I will say I do like the stability of the TOS platform though. Gaussians gave me a little trouble in the afternoon... FWIW, I stopped simming about 3 weeks ago and have found that my concentration has gone up measurably. I know, I know, I should have listened earlier. Simming affects your ability to concentrate on the task at hand because you worry if you're going to post some gains by the end of the day. Not the best way to learn. FWIW2, for those who want extra practice (since I'm not worried about simming and have extra time now , I now (each day) annotate 5-minute charts for the NQ and ER in addition to the ES and YM.
Found today very difficult, possibly because of the number of reversals that occurred right on the left trend line. I read in a recent post of Jack's that he advocates starting off trading FTT to FTT with one contract, without the use of str/squ or the dom. This would clearly require being able to distinguish reliably between FTTs and flaws. I am currently trying to do this using es and ym volume but the results are very mixed. The biggest problem remains intrabar shifts which I understand require finer tools.
Can you post what LTL changes you are talking about? I see only one that looks troublesome, of course this is hindsight as I was not able to watch today.