However, basically they were simply in the wrong direction.
Glad to see that you did well
Today, I had no time to trade. However, I am not sure that it would have gone well for me. Thanks for posting your charts.
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Disliked{quote} with mt4 it is not easy to figure out where the trade took place, since I do not have like you the entries, exits,... However, basically they were simply in the wrong direction. Glad to see that you did well Today, I had no time to trade. However, I am not sure that it would have gone well for me. Thanks for posting your charts.Ignored
DislikedYM +10 (total +14 for today) Today was hard fought ended up bailing too early again. Done now. Notes on chart. {image}Ignored
Disliked{quote} Congrats Jmezz. Today, I found it hard on YM. First, I thought that price is unable to go higher, so we should expect a move down. However, due to the upcoming news and due to the "normal expectation of NSH", I was not sure. Hence, I did nothing. The PA after the harmonic move did not invite me to go long. This was wrong. My price reading is suffering at the moment. I think, we will see a NSH (without me). Edit: just happened.Ignored
Disliked{quote} Yeah, I totally know what you mean. I sat on the sidelines today. PA hasn't moved with my expectations. maybe Mr.Market didn't get the memo. lol US30 - 89T - my thought process for the day Note: Ignore the top yellow line for NSH. I forgot to extend it up to the pivot point. {image} I've noticed that I'm consistently getting faked out by these NY session false Order flow switches . When I expect a switch, PA continues/when i expect a fake out, order flow switches. Its obvious now that Price needed to pierce the demand level to show intent....Ignored
Disliked{quote} Yeah, I totally know what you mean. I sat on the sidelines today. PA hasn't moved with my expectations. maybe Mr.Market didn't get the memo. lol US30 - 89T - my thought process for the day Note: Ignore the top yellow line for NSH. I forgot to extend it up to the pivot point. {image} I've noticed that I'm consistently getting faked out by these NY session false Order flow switches . When I expect a switch, PA continues/when i expect a fake out, order flow switches. Its obvious now that Price needed to pierce the demand level to show intent....Ignored
Disliked{quote} Lol I hear you dude, yesterday afternoon I was still at my desk watching the PA trying to make sense of it. There was definitely some fuckery on both the short term and the long term. First was this: {image} Super weak NSH followed by a generally weak leg of selling to create a super weak NSL. If you look at all of the minor swings that compose the main leg that created the NSL then you'll notice that anytime buying tried to come in, it was slapped down by strong selling. But when gauging the leg in its entirety the overall momentum was...Ignored
Disliked{quote} Maybe you did not notice but Yesterday there was an important deal when OPEC reportedly reaches deal in Algiers to limit CL production, agrees to limit oil production to 32.5M bpd (v 33.2M in Aug) - 1:10 PM CT. This changed the sentiment and created a change in supply/demand. The oil went higher the USD became weaker. and when the USD is weak the indices (ES, YM, etc) go higher. All in all this deal was what broke the normal flow of price action Yesterday.Ignored
DislikedYM -2, +6, +67 = +71 total Today could have been ugly. I made a couple somewhat emotional decisions on the fly which could have worked out badly. Trades explained: {image} {image} {image} {image}Ignored
Disliked{quote} Hi, Jmezz, Congratulation for the green pips!!!! I like to read your posts, but what is ONL, ONH and OFC? Thank you, GastonIgnored
Disliked{quote} {quote} I'm glad my thought process was in line. I kind of thought my expectations maybe in error. I did watch the news as in came out and at first I kind of dismissed it. I didn't think it was a big deal until I seen the reaction but by then it was too late. I'm sort of under the belief that news events coexist with price and that news only provides the catalyst while price will leave clues. if that makes sense. But I guess there are also surprise events where even people in the know don't know. anyway US30 -89T Can you say deja-vu. Still...Ignored
DislikedYM Attempted a long off structure and moved to b/e+1 right away but was taken out. Now I might try and short the short term or just wait to see if a long term play develops that will take us back to the scene of the crime. {image}Ignored
Disliked18175 still untested, that would make good long target. Edit - maybe not enough time left in the dayIgnored
Disliked{quote} I wish I could partake. My data feed cuts out everyday at 1215 for about 30 minutes. Not even the end of the day which is at 1315 my time. haha good luckIgnored