[james_gsx]

No, I don't but thats a good idea. I won't start taking the long term trade but I'll start taking notes and see if maybe I can incorporate it into my plan.


And if any of you have been wondering where I've been.. We just started our biggest sale of the year, it's been unbelievably busy and I haven't had any time at all. Today is my first day off since last Wednesday. I'm not trading since I don't have a plan, but I am watching and learning.

[james_gsx]

Finally back to trading, I will post some charts later today but heres a quick look at what is going on today.


4 YM scalps, 4 winners for 32 YM
2 NQ scalps 2 winners for 3.50 NQ

I'm trying a few different time frames today (1min, 3min, etc). The 1 minute seems to be working out very well for scalp and I can handle my emotion. But I still like the 3 minute for some reason, the 1 minute moves around so much it's hard to tell what's really going on - but i have caught a few good breakouts.

[james_gsx]

Yesterday I finished with 107 YM and 3.50 NQ

Today I only traded YM and finished with 85 YM - mostly testing a new setup that seemed to work pretty well with the volatility. Basically I found a way to scalp breakout tests. I'll post up charts later (maybe). I took the last 2 hours of the day off today because I had done so well - I didn't want to get greedy and over trade. These last two days have been extremely successful and one of the few days that I'll be able to get those kind of returns.

If I find time tonight I'll post up some charts and some of my notes. I had a few bad trades today with the new setup, but for the most part I did well. Yesterday I started making emotional trades and was able to identify them and quickly exit - and make note of it.

[james_gsx]

I am rather happy of this trade, I saw a h&s setup on the 1 minute chart and set a short after the neckline broke. Once I saw the candle slow down I covered the position and let the rest of it ride out. Don't worry about the other lines, I was just setting up a breakout trade and wanted to know what my entry and target should be.

[james_gsx]

Oops - here you go

• H&S Pattern breakout to the short side
o Entry – 13423
o Exit – 13414
o P&L – 9 YM