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I have been debating adding another idicator to my chart. Somthing to help me do a better job identifying targets.
I want to re-program my mind to take more than 10 tics.
Or maybe I do not need another indicator. Maybe I just need to learn PA a little better.
My Journal is under patrick never gave up
Can you help answer these questions from other members on NexusFi?
the 5minute is my primary. the purple lines are pulled from the 60min
the dark blue are identifying the channel that happened today.
The 5 minute is the one I watch the most and then the 6range is my permission chart.
If you always do what you have always done you will always get what you have always gotten.
Celebrate because you executed your edge. Not because you won.
If those are your only charts, how do you define structure in the market? You are looking at the market under a microscope. Where are the daily charts? How are you defining the long, mid, and short-term trends?
How are you defining value vs extremes?
Just "adding an indicator" is not the right answer.
If you are consistently profitable with taking 10 ticks, it is heck of lot easier to trade more contracts for more money than undoing old good habits for learning new bad or uncertain habits.
Old habits are like scars, you can cover them but will never get rid of them.
I typically start the day with the 60 and adjust these lines b4 I trade.
and then I will take the 5 min and scrunch it up. Drawing in these Dark blue lines.
these define the extremes.
The Value areas is somthing I am learning to grasp.
If you always do what you have always done you will always get what you have always gotten.
Celebrate because you executed your edge. Not because you won.
