Plan the Trade

Close but no cigar - 7 pip, but today I can afford it.

I shall progress. Onwards....



By the way I was being ironic. I entered long - Idiot

15sec. +5, +15, BE+1, BE+1

One more +15 and done

Nice work Jas!

I can't help but to view channels, but the idea of taking trades upon almost immediate retests appeals to me greatly, when PA is trending in this way;

Ended at -22 today ... struck to my 5 trades ... missed a few good ones by a few ticks ... got impatient and tried lesser supply and demand levels and paid the price ... better to be patient.

Almost carbon copy of yesterdays chart, but much bigger reaction at the prior Supply on this scale;

Yesterday;



Today;

You trading the 15 second chart jason?

Its the same speed for price to re-test areas, just breaks up the 30sec candles . . . .

I examined 12,15 30 45 1min settled on 30. I still recommend don't trade Wednesday

When i first saw you mention 30 sec charts, i actually tried 20 and it seemed to work well)

Are you guys ditching "Range Bars"in favour of 30 second price bars/charts ?

Hey grasshopper was using 133 tick charts looked briefly at range bars but couldn't locate supply and demand using them but 30 sec candles you can

Thank-you Master

Personally, i'm still in play mode. I'm in agreeance with Harold, in that Range bars, don't show S/D too easily, but i'm actually kind of liking the 15sec chart set-up. Just had loads of fun a little earlier...

Nothing new, but here's something that i could really dial in on. Besides the obvious S/D levels, we often find ourselves out of a trade when it simply keeps rising (or falling) without us onboard.

Here's my variation... as i've mentioned on numerous occasions, i tend to view PA in cycles or channels. In times of past, i always found it difficult to simply join in, cos you always fear that a channel will end, no sooner than you join, but...

If you draw your channel line, once identified and then combine it with a start of S/D, if the two coincide with a touch of both levels/lines, you're good to go with a tiny stoploss - cos if both levels are broken, your reason to take the trade has now gone and you're living on 'hope' and you know what they say about a 'fool and his money'!)

I'm now going to play around with this for a bit, cos it really suits me.. It's possibly gonna have a lesser return after factoring in comms, because it requires a grab 8/10/12 possibly 15 mentality, but i'm finding that 6 stop is all that is required, in all honesty, your basically pinpointing a turn to a tick or two, so even 4 ticks would mean a channel line and prior S/D was breached on this kind of scale...

My other fave idea is to look for PA to round off. Often, even if it only then leads to a bigger pullback, it usually throws up a good trade after a small 123, trigger, retrace and target last S/D level;



Really enjoyed that and can see myself switching to live with this method without too much fuss or stress. Let's see what the next few sessions bring.

Once a 123 or 2b breaks channel can be draw. By the way there was another demand area a little lower also

I want to take a minute and let you guys know, I look at and appreciate ALL of the charts you all post. I learn from seeing the market through other's vantage points.

+ 28

Up 10 +1 then it blasts down

yes same