ok.... i'm voting for E

Hi,

I vote for B.
(and congratulations again for your journal!)

Nicolas

OK, Nicolas. That breaks the tie. B (Trend) wins 3-2.

Poll is closed. I'll do the video.

I guess I just missed the poll. I look forward to it...

This will be the first video of two. In this video we have a nice example of a full cycle

downtrend ends- uptrend begins - uptrend ends - downtrend begins

Notice the one end and one beginning is not the same thing. Price must accept the new trend level to validate it.

Screenr - indextrader7: Trend analysis.

2nd video to come, showing a much more messy example.

This is probably just as important as the first video. It shows how (more times than not) things aren't perfect, but you look at how price behaves at those key levels and it will let you know.

Screenr - indextrader7: Trend video two. Messy example.

Trades taken today: (keep in mind each point isn't an individual trade because I scale in/out)


Daily P/L for this week:

Down day today. Got out of the flow for a good while today and ended up in a drawdown. Would keep trading, but I have to leave for a bachelor party this weekend in New Orleans. Have a great weekend.

thanks for your update, just curious in your next video that you do can you go over how you manage a trade? I find this is more important than a perfect entry anymore.

Wojo 

thanks for your update, just curious in your next video that you do can you go over how you manage a trade? I find this is more important than a perfect entry anymore.

Sure. Although, sometimes it's rather subjective. But I'll do a video and talk about what I usually do, and what I watch for.