santom 

Any updates?

Just made a few. Thanks for following up.

Took a loss today. Still on SIM but it feels the same.

I put a new indicator in the mix and it was just way too busy and very distracting. On top of that my parents have a trip planned to China and leave Tuesday evening and fly to Shanghai. They are going right into the heart of this coronavirus.

I can definitely say my head was just not in it today.

7.75 point loss

I listened to none of my other indicators and well this is the end results.

Update: I had a feeling the market was going to where I wanted, but I closed my trade and sure enough it came back down and I could have taken a smaller loss. However it could have kept going to make my loss bigger. I stand by my words above.

Took a trade this morning and removed that other Fibonacci indicator as it was draw wayyy too many lines all over my chart.

Today I took a reflection trade off the 50 for 3.25 points. I could have held for longer however the long wicks were making me uncomfortable, so I took brought my exit down. The market continued to go up.

* There was significant resistance at the 50 looking back
* RSI was just below 30
* lots of structure previously near 3252
* volumes were in favor
* 50 is a strong line


Thanks for reading!

Update:

last week I was barely able to get online to check the markets and when I did there was no trade.

There was a huge drop, but that day there were lots of distractions and it was a monitoring type of day.

Today

there was also no trade, but also no losses.

I was tracking a trade and saw that

RSI was above 80 and a drop was coming
Lots of buying volatility

the trade should have happened when RSI went above 80 the second time around and taken it down.

However there were some distractions around this time and that did not happen. No trade = no losses, so I will take that as a win!

Thanks for reading! Cheers

Today there was no trade was taken

lots of long wicks
lots of volatility

I tried to catch one of the drops however it happened fast and missed it.

Thanks for reading!

Today I got on a bit late and was looking at a harmonic and Fibonacci extension and should have taken the retracement at the 50.

No trade today, but no losses.

Thanks for reading.

No trade today but no losses.

I was tracking a harmonic prior to the 930 bell and decided I would go downstairs to make my breakfast shake and coffee.

* By the time I came back up a AB=CD formed and it reversed and took off
* My other indicators were not really aligned with the reversal that happened, so not entirely certain I would have taken it anyways.

Cheers thanks for reading

Thanks for the recent updates. What indicators are you using, particularly the blue one? Also, is SuperDrive the same as SuperTrend?

Been busy lately and have not been able to get online in the morning, but today I was able to.


Took a trade today and went in as a buy at bid. Market popped down grabbed me and went up and i got out with 5 points.

Reasons for entry:
* RSI had just hit 17
* volume indicators were spiking with buys
* superdrive showed trend reversal

I entered a bit late at the entering around 930 can be tricky. I have seen lots of upwards trends at the bell and jumped in.

Have a good week and thanks for reading. Cheers!