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My CL Homework

  #11 (permalink)
 
jamebo's Avatar
 jamebo 
Washington, DC
 
Experience: Intermediate
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rhousler View Post
It looks like M&M's melted on the screen.
I commend you for journaling. I actually journal all the Cl journals from nexusfi.com (formerly BMT).
This site is nice for pulling out little tidbits of info to use.
Good luck RH

I got a good laugh out that. It's hard for me to see it that way, but, if I step back, I suppose my 5 min. chart looks like a big colorful mess. Actually, everyone of those colors are in-grained in my brain and they each mean something to me. So, here's my sequence: On the 800 tick chart I am continually updating support and resistance using trendlines (horizontal and sloping), fib retracements, and symmetry projections (as best I can from being in CB's room years ago). This keeps me pretty active all by itself. Once price approaches a zone that I'm interested in, then I need to assimilate a significant amount of contextual information pretty much at a glance, and for me, that means bold colors on the daily, 30 min. and 5 min chart. If I like the context, I switch, for lack of a better term, brain modes and get into trading mode. From reading Vance and Panda, I've become a price action convert and I've still got a lot to learn in that area, but I do that from a full screen clean chart, no indies, not even an moving average, just candles. That's where I am right now, always a work in progress. Attaching a chart for the open:

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  #12 (permalink)
 
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 jamebo 
Washington, DC
 
Experience: Intermediate
Platform: Ninjatrader, TOS
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as of 12:50am:

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  #13 (permalink)
 
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 jamebo 
Washington, DC
 
Experience: Intermediate
Platform: Ninjatrader, TOS
Broker: IB, AMP, CQG, TOS
Trading: NQ, ES
Posts: 14 since Jul 2012
Thanks Given: 216
Thanks Received: 6


Working on Feb. contract next. These are zones for the Jan. contract as of 4:30pm eastern:

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  #14 (permalink)
 
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 jamebo 
Washington, DC
 
Experience: Intermediate
Platform: Ninjatrader, TOS
Broker: IB, AMP, CQG, TOS
Trading: NQ, ES
Posts: 14 since Jul 2012
Thanks Given: 216
Thanks Received: 6

First pass at the Feb. contract, as of 6:20 eastern:

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  #15 (permalink)
 
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 jamebo 
Washington, DC
 
Experience: Intermediate
Platform: Ninjatrader, TOS
Broker: IB, AMP, CQG, TOS
Trading: NQ, ES
Posts: 14 since Jul 2012
Thanks Given: 216
Thanks Received: 6

Feb. contract:

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  #16 (permalink)
 
jamebo's Avatar
 jamebo 
Washington, DC
 
Experience: Intermediate
Platform: Ninjatrader, TOS
Broker: IB, AMP, CQG, TOS
Trading: NQ, ES
Posts: 14 since Jul 2012
Thanks Given: 216
Thanks Received: 6

in the upper half of this trading range now (charts as of the open, both 24hr):

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Last Updated on December 19, 2012


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