Plan the Trade

Is today rollover day? Volume will probably be on the March contract today if so. Good luck everyone!

think we're still with dec contarct today

Yep still Dec nice 25 on pullback short from 475

Misses pullback by 1 tick

super 123 break pullback

+1 on pullback

action came to a halt I will take what I got and stop

Once again a tough start for me, but I kept the losses small and stayed focused and came back. I was just looking at your chart H - amazing how different our charts are because of the tick count. The trades you took were not even available to me.

which chart platform you using never mind I see its ninja trader, Not a fan very high cpu with that platform try sierra very easy on computer

top work H .. i got caught out on 2b break pb for -15 on 1st trade got it back on 2nd then a bunch of +1s:

with 2nd trade is the pb candle legit:

I had the 2b setup but when I saw reaction at the level and big down candle and market just opened I pulled order and took pullback short

Wow, how things have changed. I used to look for a sequence, that had to be so specific, that it really did limit the number of trades that i took and also, was possibly only as good as 50/50 Risk:Reward ratio.

I was looking back at some old charts and saw this one of the Dax from 06/05/2016;



I have started using my EW and Fib levels a little more lately. They create profile lines for me to watch. Here the reaction is so clear at the 61.8% retracement level, that now, i would trade a pinbar off of it, without hesitation;



The 2nd entry is a little more contentious, but again, if it reacted as a double top, i am quite sure that i would take the short there and the 3rd, is our 123, trigger and retracement pin (the smaller 123 to the left - not the one labelled in red in the chart). Each time following the candle action down...

No wonder i used to try watching 8 different charts for about 12 hours a day! This year has really been the final frontier. Now it's just a question of pushing the position sizes as much as i can handle, whilst maintaining the same discipline.

I've closed my platform for now, so won't bother firing it back up for the purpose of a chart, but i have noticed that i am next to useless trading Instie days.

The Dax opened way way above extreme and just carried on driving.

I actually thought i had determined a double top from a week or so ago and got a short away, convinced i had got the top. Stop was at BE and I sat through a couple of pullbacks. Watching profits diminish was absolutely nerve racking, but twice it dropped lower again, in my favour. I was +20 ish, but decided to let it run leaving my stop at BE. A little experiment. I wanted more, much more....

I got stopped for BE and now it is much higher.

That was a days target given back, but the emotion was worse. It felt worse than having a 6 point loser straight off the bat. I have told myself so many times in the past, that i am a scalper. I do not want to sit in pullbacks (within reason) and it was really nailed home today...

nqh8 today

yes nqh8 also change profile to nqh8 also and Adjust levels to those prices on the tpo chart

Nothing so far

Will short 9125

Cancel that