Plan the Trade

similarly here:

rest of day:

What's +1 at ras 5?

yes be+2 after 5 .. might be a bit tight .. currently backtesting be+2 after 12 will keep you posted

Thanks buddy.

Did better today, I knew the last one was going to run but I bottled it because I have a thing about Fridays. Watch it prove me wrong

Good luck guys & have a good one.

experimenting with mm .. tried tp48,sl40,be+1 after 12, be+24after 40:

mine looks worse. two minus 15T one minus 16T, a plus 2, plus 6, plus 7. some of which is the excessive volatility and my stops staying at minus15T
rather than opening them up to 40T or more. going to wait until vix dies down to a more comfortable level, market conditions I prefer, before continuing
micro live trades for a while let alone moving back up to e-mini's. interesting experiment though with staggered stops.
good luck
regards
goma
edit, there is an overlap graph showing minus 15T short should be 15T long (shown on next graph)

I think it was last Wednesday when I got my ass handed to me, this reminds me of then. So I'll take my money and wait for another day. Red & green lines denote ones I personally should have taken, but missed. +22

so much for waiting. checked in late after spending a couple hours repairing an irrigation drip line my 1year old little wolf dug up and chewed.
2 trades a plus 5 and plus 2 both longs taken out by trailing stops. second one had a 2b that looked to reverse the prior 1-2-3 trend. worked out.
vix seemed to slow down a bit but liquidity still an issue.
good luck
regards
goma

+11 not good for me today despite all the movement. Still, came out on top.

Has anyone seen how this guy trades:I am looking at Futures and was wondering if his approach seems disciplined and logical.
opinions ?

no and no notice the macd going down but price just went sideways. just candles with HH HL LL LH for direction is all thats needed

When he hid the left hand pane, I was done. I can't add anything other than what I said in post #12,784

Regarding discipline. What Mark douglas said in video 4. 20 x trades. Things also got better when I lost the wicks & focused on 1 market.

Good luck

I found that Trading View works fine on my iMac and AMP is now my broker ( demo at the moment). Futures are new to me. I am not new to trading ( I spread bet in the UK ) but I like the small Futures spreads and I am trying ways to scalp on one minute time frames. The altered ichi I posted earlier seems the best for me so far. At least I win more than I lose but notice a closer study of price would yield more and reduce missed opportunities. The overall message seems to be to pick an approach, test it, then stick to it. I am presently looking at other price study approaches.
Looking at bar charts and trying to locate 123's is one approach but it confuses me which means I have to find sources of 123 study and I am not sure that Harold's 123 is the traditional 123 shown on web sites ? Not a criticism just looking for confirmation or otherwise. And thanks to everyone who has commented. Much appreciated.

Win or lose, anything other than wickless price bars & those swings is a distraction to me now personally. Have you tested harold's setups in sierra sim?

I'm trying it on Trading View on my iMac but get confused because Harold's 123 seems to vary from 123 shown in Investipedia etc....or it's me -probably :-)

Just practice with the last video on his channel and identify for yourself when they succeed or fail. Don't distract yourself with anything else (if you can). Then question why? Screenshot each one. The idea is that with 20 trades, you will have more winners than losers. But you must execute those 20 trades, and diagnose at the end. That is the starting point, then patience is required. Keep refining until you crack it.

morning T, I understand your frustration on this style. I have only been using this about a year (and part time at that). previous years (decades in some cases) of
trading can color your ability to be objective to what you are looking for. not that other styles/methods of trading do not work, some do on certain time frames,
market conditions etc. I know I have had success with, just not in this scenario. now that I have an idea of what I am looking for, the most difficult thing for
me is following the setups at the speed that they happen, 20sec time frame etc. especially when the volatility, vix, atr or whatever, is as high as it has been
recently. that is why I reduced my trade size from e-mini to micro for the time being. I've attached a link you might find interesting, maybe you have read
it, one of the basis of this style called 1-2-3. that along with trader Vic's book have most of the original information I have found. everything else
afterwards seem to be interpretations of this style. a trader like divergence has been working on this for a decade so as the old saying goes, practice makes perfect.
no system is 100% as I am sure you know. this seems to be pretty good though.
good luck,
regards
goma

http://www.getfreebooks.com/wp-conte..._of_Charts.pdf

and a chart

Nothing can describe the irritation when you realise you were in sim instead of live Psychologically, I'm counting it ...