I think I know how you feel: playing mind games with charts feels good when life throws at you demands you can't even think about circumventing...
I'd advise doing the drill Spydertrader recommended: make the decision continuation / change only at the end of each bar (immediately after it's...
I heard Spydertrader saying: "look for reasons to hold", "fewer trades", "hold pt2 to pt3", "FTT to FTT", "big picture", "context", "volume...
45 minutes: 3 trades, +5.25p of 7.25 HL
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1877471>
This would be too harsh and unwarranted even if it came from an expert (except it you were joking, and I missed it) ... :(
40 minutes, 3 trades, 6 points (of 3.75 high-low from entry to exit)
Out of curiosity I've extracted frames from Tikitrader's "1-5" video. I don't think that this intra-bar activity offers any useful additional...
Just parroting Spydertrader. :)
FTT to FTT
Not sure what you're looking for in the 1 min bars :confused: . But just looking at the bars, although the context (big picture) is missing, these...
Lateral Movement <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1870308>
I think we both say the same thing. Not seeing the real-time price action, as well as taking decisions (or at least planning them) only at the end...
1) Yes, and yes. 2) I hold through flaws. YM leads at points of change, it provides additional information, but ultimately I trade the ES'...
Yes.
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1868499>
ES and SPY show decreasing red volume: change (short); previous bar was tape's FTT, and possible Pt3 channel's FTT.
WMCN drill 1-5: ES: decr black volume (above flaw level) in down channel => Change YM gate opened: b2b; last OB defined the retrace's Pt3 then...
Hold (Long): decreasing Black volume; closing was back inside previous bar => Lateral Movement (wide bar); watch for increasing Red PRV to confirm...
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