Plan the Trade

After the first half hour it usually gets dull on wednesday good work getting the beginning of session stuff

thanks Harold .. the video you did yesterday really helped me .. have watched it 3 times now

It was a crap day made a few mistakes also

Looks like after 1030 2 great hook trades

yep i see them

I see that NQ and Dow both fell a lot at 10:30. Any idea what happened?

Yes Harold, your videos help so much. Please make more. And thank you so much for focusing on the money management aspect i.e. stop losses MM and targets.

Biggest volume at open we've seen in a long time. Making some BIG candles!

Hope H made a video of today!

just stopped trading 7 minutes ago and yes I am downloading a video may take 20 minutes. huge candles today and volume. had a few losses and a software problem closed with only 30 today

Well if it makes you feel any better, whilst I had no losses, I only filled one trade then bailed at +3, so you made 10x more than me. Then I missed a perfect entry into that big down move, after which I quit (I’ve found that if I miss a very straightforward setup into a positive outlier-size trade, I often get myself into trouble trying to make up for it). +3 is better than a -20, even though today could have been a >+100 in the first 30 mins.

On phone right now, so no chart, but you can all see what happened.

I know i'm deviating a little from the NQ, but i noticed a long time ago that the UJ generally obeys fib levels and trends well according to EW.

The way that i view charts now though, is very different to that of a year ago and by combining all methods, there are some great trades around.

This from yesterday, selling the pinbar reaction off of the Resistance line, made up for a couple of earlier losses;



and this from a moment ago;

This is the 30min chart, with pin retest;



On closer inspection and using a little EW, this is what i mean about the UJ and fibs;



and retest is the trade i just took, closed out a moment ago for +32;



Only that one trade today, i was out most of the day.

Ahhh, the symbiosis of EW, Fibo and the one & only Cableguy...

I’ve missed your charts, CG, even if they sometimes remind me of Christmas decorations You sure traded a lot better than me today .

More or less flat on the day. PA too fast, mist some and a few +1's.

first trade was +28(max) - missed daily taget by 2 ticks.

If daily target reduced to 28 instead of 30 this week, would be +84 with minimal effort. (instead of 48)

So many permutations in a dynamic changing market makes it impossible to find a perfect fit. A consistant fit will do though.

Good to have you aboard JT!)

well done guys .. here's my day:

here you go

Don't like profile today via too changed levels based on volume

Only just realised my watch stopped 2 hours ago - I thought I’d chopped a LOT of wood today

After the EU session move up, seems like I didn’t miss much & I think I’ll call it a week.

Good weekends to you all - this has been a good warm-up, ready for a full week.

POC from yesterday proving strong.