Plan the Trade

my first win not on your chart 9:33:20 pullback and this one

weeded threw a few +2s and got 1 1/2 wins

good work .. here's my day:

Quiet day today. candles half the size of normal. I kind of expected price to drop on Pfizer news of only 6 months of immunization from it's vaccine.
EDIT: They only have 6 months of real data, that's why they are reporting this. LOL. As the timeline grows and longitudinal study is extended, it will change. Wow, I jumped on that one to fast.

Hey Noeye, r u ever gonna share details of your one minute money maker? :-)

hey Cap, #13832 sums it up - just scalping when there's momentum. 3 trades in the first 10 minutes for me today - +6, +60, +26.

+10 after some kind of hairball. Countdown timer stopped, everything stopped. Must have been a glitch in the matrix. Have a good break everybody.

Well done! The first 10 minutes was the bulk of the day for sure.

Are you trading the fast line on MACD as momentum or the histogram above/below 0?

the 3 this morning were longs, i like to see the macd moving up through the zero line - the focus at the time was on the PA - a thrust up from the open, with the 50 level holding.

Another day for longs . . .

..bit rusty after the break (UK holiday yesterday), some stronger momentum came through eventually: +4, +18, -39, +4, +121.

I wonder if NQ is trying to catch up to YM/ES all time highs . . . .

Doing Sim for the week since I recently finished getting set up. Getting my sea legs back.

Well done, Cap - what entry decision making do you run through?

A bit of Harold's entries, as well as a couple of my own. Still refining a bit. Trade 1 was a mistake. There is no reason I should have taken it. Maybe a 123 long, but that is about it. Trade 2 was a Harold pause bar which hit my SL. Trade 3 was a Harold pullback. Trade 4 was aggressive as a short off the MA. Trade 5 was a new set up I'm looking at that I think I will refine a bit more. Trade 6 was a 2 legged pullback off a resistance along with the Stoch confirmation. Trade 7 was based on stoch and MAs. Trade 8 was also based on 2 legged pullback and stoch as confirmation.

There were a few missed trades as well.

So funny, been watching the NQ to reorient myself. The amount of trades I haven't taken because I expect it to reverse on me is ridiculous. They just take off in comparison to the YM. Damn thing has poisoned me, still. Onwards

Done for the day. LOTS of missed entries (marked by lines and arrows). I'm alright with that for now. EDIT: 2 more. Now I'm done for real.

Never been a fan of Fridays. Tripped up in the middle there, but recovered. Not sure it of would've gone the same way live though. I'm trying to simplify a little and move back to 2 MA's. Here is the same chart, with two different MA's, helping with overall strength and trend.