@sepramfx How is it going with this stategy? Did you share some of the stats like what type of profit factor did you get so far? Is it profitable?

I am impressed someone writing from the Genghis Khan Mongol Empire. Welcome aboard.

I did mark this chart using another member picture. I think these notes reflect Damian's rules. Would you have took the 4th trade given the losses 1-2-3? Perso, i think this is the main reason people modify or add to this system as at times it ...

From my perspective, medium term price looked bearish" Here are some confluences you could have conjured: image

Was your issue resolved to your satisfaction? Why is it that he does not reply to your numerous emails?

Maybe a solution if you think you have a positive edge is to try topsteptrader or Earn2Trade. I think Earn2Trade would be a better fit for Damian's strategy since you can define your own rules.

Your expectation failure should have been a bit lower as support was lower in line with a prior swing low. That's a problem i often see on some of the charts. People mark the many swings/legs correctly and use shorter swings to identify a change of ...

I concur with the view expressed by evocpr19. This is how a journal should be done. It is not just here are my trades wthout any explanation but it is clear what your objectives are, you have a plan and things you want to improve. This way you are ...

Are you saying he uses some kind of filter? ;-) Honestly, you could have decided to scratch your trade when price broke below the support for roughly -10/-11 ticks and re-enter at the 1min. opening range for a second entry long.

I can see this on YM (CFD Oanda): image

Basically we are seeing the same type of action we got last Friday where price found buyers below the open of the RTH session while testing key levels from the prior day value. Damian went long last Friday but today he went short. Must admit i find ...

Hi bmdenton, i think the trailing mechanim kicks in when price reaches the bottom/top of the swing of reference.

It's fun to see some profit on those trades but what about when your stop get hit since you do not let your LT trades hit their 1:1 or 127.2% ext like you do on your intraday trades? It looks like you have your risk/reward in reverse order.

i am sure your comment will help him see what went wrong with his trade or what cues did he miss.

That's is something i use too. You can also use it for your entry just as well. Say you identify a good volume cluster, when price visits this high level volume node you can wait for a reversal bar and enter via a market order. The advantage is that ...

@PiProspector and @PipJr nice discussion you had Yesterday and good questions and observations. I like this type of discussion as those are the same questions that we all have. I went for the long around 310 as i interpreted this as a longer term ...

You can go to the main exchange on the CME web site: url Just compare both contracts using the column labeled Volume

Without playing God, price action reading includes taking into account strength and weakness. The move up to where you took you entry was very strong and very imbalanced in favor of the bulls. image

Thanks forthe reply. I actually interpreted it exactly like you. The climatic action from X to A was speaking, price going too high too fast on relatively low volume as during the NY overnight session and the pull back to an area of congestion ...

Great discussion but... Why going short after having said in a prior discussion you were basing your trading decisions on the DOW theory for the direction? In your illustration, price was in a sequence of HH HL.