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szubaark

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Posts posted by szubaark


  1. "1. Volume: Brooks does not emphasize volume much. A BIG MISS in my book.

    "

     

    Actually he does talk about Volume, but its using the 1minute on rare occasion to confirm a Climax of a Bottom or Top.

     

    I never watched Volume so thats probobly good, one less thing to worry about and cloud my reactions.


  2. Thanks ACS kiwi hal

     

    Yes sometimes i focus too much on the Setups and miss the big picture.

    That Double Top at Open threw me off as i thought we tried TWICE to gi higher and Failed so felt Sellers were in control. But once gap closed, they took it higher, in a slow controlled upmove. than the BW after the 2pm Higher High attempt caused most of my losses. That BW made sure only strong hands survived and got in on the upcreep to new Highs on day.


  3. 7/20

     

    5wins 9 losses Total -6 ES Points

     

    After 2 months so far, im not getting anywhere with this "Al" method.

    Im getting 4 Ticks but then -1.50 to -2 Stops are needed to catch the 4 ticks. AND U DO NEED THE FRIKIN 2 PT STOP.I can have 4 out of 5 winning days in a week and then One bad day will make me negative for day. Cherry picking these setups is a stressful way to live and even then these setups are 50/50 i feel. I guess i just cant make this work in a REAL Trading environment. At end of day marking up the charts, sure thats easy.

    Think Ill stop posting charts for a while.

    MYSETUP.thumb.JPG.851485183f4ee67ff8bf9138a32f28fe.JPG


  4. Trade 1 was an L1 short. Felt like a breakout pullback from LOD, certainly didn't trade like one. Came after a doji, any other reasons not to take this trade? (Traders took the H2, and the trapped L1s [myself] covered and brought the market back up).

     

    2 - breakout pullback, H1, reversal bar failure, micro trendline break.

     

    3 - H1, probably not the best trade of the day, but with trend and looked good enough to me.

     

    4 - trendline broke, looking for two legs down, H2 at HOD, after a doji

     

    In theory I could have taken the reversal bar short on the next bar since that is where the longs exited who just brought the market up.

     

    My question is: Is the HOD a higher high test after a trendline break?

     

    I see we BOTH got caught on Trade #1. sure looked like a good setup. Loys of people got trapped as u can see by the size of the next bar

     

    Trade#2 i didnt take. Was afraid of High of Day BW


  5. 7/15 trend from open type day.

     

    2 Trades 2 Wins 0 Losers

     

    First Trade was Gap Up B/O Trade for +2.

     

    Second Trade was "ii" for +1

     

    I stopped after that. I realized this was a strong trend day with the Huge Gap Up and Weak Pullbacks. We dont many like this, but if your read i right, milk it hard.

    MYSETUP.thumb.JPG.76303d33d19de5e19af66075fe14f218.JPG


  6. 7/14

     

    Not a good day.

    Total 14 trades 4W/8l/2BE

    Overtraded as i had a bad start took a Hit for -2 right at Open. Had a lot of Failed +3 Tick setups. Got frustrated at end of day and started forcing a few trades. Again today, the Major move of the day started with H1 with no frikin second chance to get Long. Right at Low we just started going higher 11 Green candles in a Row with no LL to get in.

    so -6 Pts for day

    MYSETUP.thumb.JPG.285170128a34cb59c22cefeaab334ac7.JPG


  7. 6 trades Total

    3 winners 2 Even 1 loser Total +1.50

     

    I coudnt call this strong trend from open because of the Selloff at Open..that threw me off and I kept lookign for Shorts and took the 3rd Short L2 for a Open High test also Prior Flag around Open high showed me this could be Failed Final Flag, but they just Ran it Parabolic. that was my only Loss for day -1.50

    A lot of people were confused with todays action as was i.

    we had a total of 6 Push Ups..amazing,usually we get 2-3 then 2 leg pullback..this Parabolic upmove sucked.

    Like Melator said most of the Long signals after 12 (the move was done) were in BW.

    MYSETUP.thumb.JPG.4a0a8b58f0403258447a88c06da6d773.JPG


  8. Highlighter area..I had Short there real time i posted

     

    3 Pushes Up AGAIN (#2 Push was possible DT Bear Flag) but it DB with previous swing low for another push up #3... IF we bounced AGAIN here at EMA we would re-test day highs most likely

     

    As you trade this style you will realize there are a lot of naunces to this.

    At the end you just trying to make it your OWN Style.


  9. Here is a chart of the ZN today.

     

    I marked this up, after 3:00PM EST.

     

    That being said, those trades are all trades that were in my plan.

     

    Was wondering if anybody had read the remarks Brooks had about trading bonds and would care to share.

     

    Nice trades Maletor. im having hard enough time with ES, so wont trade Bonds. I hope you keep posting your trades trading Bonds.

    I remember Al said that they go into BW a lot.


  10. 7/8

    Total 10 trades.. +4.25 - $50 commissions=+3.25

    coudnt get Scalpers Profit at Open (first hour or so) because of of the Tight Range even thought i took entries at Tops and Bottoms.

     

    After we broke out of Range i Realized we are in downtrend now. So held Shorts for Longer. What reall helped me was my "intuition" Long at end for +6 after the DB Reversal and 4 days of non stop selling, we were due for a POP.

     

    This is real trades i took so they wont look as pretty as some of the end of day charts that get marked up and posted here LOL

    MYSETUP.thumb.JPG.e6ff684c3b856d2cee048b41ccf6feff.JPG


  11. 7/7

     

    Total 12 trades for -3.50

    On one trade Price never went below prior candle low but BID Flashed and i got filled anyways, got Mad -2 Loss

    After the consolidation around 1:35 i thought market is trying to put bottom so got stubborn and rode my Long for a -5 Loss.

     

    Another tough day for me. This is REAL Trades i took. Not marked up end of day crap that i see a lot being posted here. REAL TIME trading and end of day are not same.

    MYSETUP.thumb.JPG.c139181362be6d62148044e40bfeae83.JPG


  12. "Here is another example on the current 15 minute EURUSD: If EURUSD trades below the back line, price will have printed a High, a low, a lower high and a lower low. I would sell a break of that line. If price breaks and holds below that black line, I'd expect it to reach at least the first blue line. Will it? Maybe. Maybe not. I do not know. But, I would expect it to reach that line. If it breaks and holds below that blue line, I'd expect price to reach the next blue line, and so on."

     

    What do you consider "break" and what "holds"? Do we have to Close below the black line for it to break? or just Poke through it? Price doesnt just Break S/R. It will usually do fakeouts back and forth LOL, especially low Volatility summer days


  13. 1 contract

    $12.50 AFTER Commissions -$40

     

    10 trades 3 Winners, 7 losers

     

    Got caught in Chop(In hindsight). Chop(Barbwire) continues to be my biggest Problem. Its EASY TO recognize AT END OF DAY, but real time its Hell.

     

    No setup to catch the morning Drop UNLESS u chased. Big moves usually happen with no clear setups.. nature of the Beast

    MYSETUP.thumb.JPG.23f0e38140fd915b772db2c09360a183.JPG

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