Take profit target just filled in this likely final trade of the week for me. Strong, strong performance this morning once the CPI fireworks began. Made good profits up and good profits down.
A nice tidy bit of info in these lines, I must say.
Again, I'm using an M1 line on close chart as it 1) forces me to wait for price to trade at a level, 2) I'm not at all trying to "read price action" as I am tempted to do when watching candlesticks or even ohlc bars, and 3) I really seem to be able to get in the flow of it all.
I did some looking around FF last night and I don't see very many threads where people are working with line on close charts. I did find what appears to be a gem of a thread called "Plan the Trade" where it a few traders were trading 34 range line on close charts of the NQ. However, it appears to have suffered a sudden cease and desist three years ago. Sad.
Anyhow, here is the last trade as it was in progress. I wanted to snap and share this pic because I think it gives a pretty clear picture of what I'm working with and possibly how I'm using these tools.
A nice tidy bit of info in these lines, I must say.
Again, I'm using an M1 line on close chart as it 1) forces me to wait for price to trade at a level, 2) I'm not at all trying to "read price action" as I am tempted to do when watching candlesticks or even ohlc bars, and 3) I really seem to be able to get in the flow of it all.
I did some looking around FF last night and I don't see very many threads where people are working with line on close charts. I did find what appears to be a gem of a thread called "Plan the Trade" where it a few traders were trading 34 range line on close charts of the NQ. However, it appears to have suffered a sudden cease and desist three years ago. Sad.
Anyhow, here is the last trade as it was in progress. I wanted to snap and share this pic because I think it gives a pretty clear picture of what I'm working with and possibly how I'm using these tools.
Life itself is a privilege, but to live life to the fullest is a choice
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