So, how do you feel you are progressing? Following basic rules? Adding rules? Etc? Looks like you have had some outstanding trades and identified some mental blocks... which is always good.

Rearden's Journal

Yes, the goal is to find "the trade" within all the trades. Keep that in mind the entire time. As the beginning of the exercise shows, there is always a trade... the continuing of the exercise hopefully moves you toward finding the best trades, ...

Rearden's Journal

I believe this is the first time since we started the exercise that we had a news spike take us out. Might be wrong, but I believe so. Anyway, we were due for one and surprised it took this long. So, the question becomes, if you have a good start to ...

Rearden's Journal

Nice, good quick catch to start the week.

Rearden's Journal

Good job. Yes, the key is the holding of that area (white and blue arrows). These can be tricky because it takes a little time for the average of price to stabilize and start moving higher, so the key is seeing if there is a potential floor.

Rearden's Journal

Good job

Rearden's Journal

If price is sitting where you want to enter from... enter. If spread too wide, come back when spreads tighten and enter. so entry s a couple of pips worse, does it really matter when you are looking for price to make a 40+ pip move?

Rearden's Journal

Nice trade, pretty basic.

Rearden's Journal

Excellent. The point of my post was to give you a guide as you think through the setups and results you encounter. Now, not sure you have to take every one, but when you do take them, recognize the risk, and size accordingly. That's the point. I ...

Rearden's Journal

In the end... did this group all work out, or not work out? What was the difference between each one? What's the possible solution or takeaway?

Rearden's Journal

Love this. Now back up from it and let me tell this story... Price went into down move and you tried a short at 1, and cut it quick... GOOD. You tried another one a couple days later, but look at that s50 when you tried it. Clue? Price hangs out at ...

Rearden's Journal

Down Move - No Bias Took the one I missed the other day. A basic short during a down move from the top of the range. Price began the day below the 50 and pivot the other day, entered an order at the 50. It did close back above both the 50 and pivot, ...

Gejordan Weekly Journal

To finish up... remember, we are swing trading. In my time on here I have shown trading from weekly to 2 minute. But it's all the same. And it starts here. In an exercise to get our minds in order. To learn trades with an edge and trades that ...

Rearden's Journal

Now, we go to that week. We immediately make a low and test the low and fail. At the start of the next day, we are in between the 50 and pivot. This change in position of price along with the failure at the low gives a low "pip" risk long with a ...

Rearden's Journal

I might be wrong, but i think this is the second time during the journey you've been more focused on an up move while we are in a no bias down move. Don't try to will the market into what you want... it might lead you into seeing things that aren't ...

Rearden's Journal

So, this week, NO BIAS, DOWN MOVEMENT. Last week, no trades. Why? I could have traded... but, I put my mindset into #2 and #3. I didn't rush in at the beginning of week. Price tried to go lower and failed and then immediately headed up. I also ...

Gejordan Weekly Journal

Good... you said waiting for good locations is the key, even though the rules allow to take a trade. That is the key to all of this. We can always take a trade, but we shouldn't always take a trade. We need to wait for good locations, and as you ...

Rearden's Journal

I'd say you are definitely getting it. Remember, the measure in the exercise at the beginning isn't profitability, it's seeing the chart. You are starting to see the chart. I can tell by your analysis on day to day and seeing on a larger frame where ...

Rearden's Journal

Now, to continue... new week. No Bias, Down Move. Let's review what I've learned. Bias week - Opens below s50 and pivot on Up Bias week (or reverse in Down Bias) in a range a problem. Wait to bottom of range or close back above s50 and pivot and ...

Gejordan Weekly Journal

Had to go out of town on business... what did I learn from last week in the exercise? Look at the picture... image What can I take from this.... Well, to me, it's clear... don't be scared to close a trade. In both instances, there were clear signs ...

Gejordan Weekly Journal