Sure, appreciate your response! The risk of keeping a public journal is receiving feedback
Our trading does indeed have a lot of similarities. Itís not clear to me if you are trading on specific price levels or trading price action patterns? Seems like you rely on measured moved and 1:1 pullbacks.
Other than VWAP, Iím not using volume profiling anymore. I also donít use any indicators.
Actually, trade #2 and #3 were made in a weak moment (see my notes on this specific day) and not representative. I consider these 2 trades as trade errors.
Itís 1 post back in my journal, titled ďJune 20th prepĒ
Nice trading, well done!
The following 2 users say Thank You to GruttePier for this post:
Hey, just got a chance to watch your webinar from yesterday. Really well done, and something to be proud of. I liked your focus on setting yourself free from things that obviously aren't working. It seems like it's really hard for folks to re-invent themselves.
I'm very impressed by your daily record-keeping, as well, though I will have to admire it from afar, as I am not inclined toward that level of detail. Doesn't keep me from being amazed by it, though!
Congrats on your journey to profitability, and I know you'll keep it up.
The following 8 users say Thank You to michaelleemoore for this post:
I'm about half way through the webinar and I have to leave for date night but I wanted to say:
WOW! You have come so far from the guy I stumbled across trading bar patterns just a few months ago. I said this to you in a private message a while back but I'll say it here for the record
~ You have become a true trader who understands the market dynamics. You and I can now have an intelligent conversation regarding the market and I can gather information from you and know that it is based on sound logic.
Congratulations on achieving a contextual read on the markets!
Retail Bus made the slide- love it; Some random lines are more important than others- love it;
One interesting note- Many of the questions were concerning bar setting and things that looked like indicators (VWAP, OR, Y_H,L,C and the Pivots) but are in fact just price measurements. I did not hear a question about Context which you clearly stated was the Game Changer. I sincerely hope that folks who watched the webinar that have not been introduced to trading with context think very deeply about what you said- The bar settings don't matter! The random lines are to draw context from and support and resistance is where you trade your bias.
Great job GP- looking forward to watching the rest of it as soon as time permits.
The following 11 users say Thank You to Inletcap for this post: