The basic rules are there to start out with. (1) they make the point that you can trade every day, but you probably don't want to take a trade every day, because every trade isn't equal. There are times when a trade is much more high probability. ...

Rearden's Journal

I don't know if anyone other than Rearden is following along, so I did this set of trades for Rearden's benefit, but if anyone else is following along, look at the picture and see what you think, take note of your feelings about what you see, and ...

Gejordan Weekly Journal

You are doing an exercise, which you know won't make you rich or make you poor. Don't allow your mind to drift into the future fantasy. Deal with each day and learn from the past and present. You are talking about outside bars at the same time you ...

Rearden's Journal

Price did exactly what I thought and mentioned above, but missed hitting my entry by about a pip, so the breakout went on without me. Wait for the next one.

Gejordan Weekly Journal

Finally have a moment to update. UP BIAS, DOWN move. Re-capture the s50 trade is in focus. Price opened the year doing just that. I entered on the pullback, but we got some interesting action compared to previous situations. This time, the simple50 ...

Gejordan Weekly Journal

I think what you did right there was managed perfectly and showed keen awareness of what price was up to.

Rearden's Journal

Happy New Year Here is a picture of Thursday. image I put in my orders at the 50 and pivot and checked before bed to see if they hit. Amazingly, price danced around my order, but didn't bring me in. And at the time I was watching, the candle above ...

Gejordan Weekly Journal

Price re-captured the moving average, which gave the go ahead to engage again. I entered straight away (got to the screen late, so missed a few pips on entry). Also placed a larger retrace entry as well. That entry worked a few months ago, not ...

Gejordan Weekly Journal

Bias: Up Move: Up Nothing for me to do yet. I am waiting for price to have a daily close above the s50 and/or pivot. I am taking what I noticed in the beginning months of the exercise and putting it to work to see if it has legs. What I have noticed ...

Gejordan Weekly Journal

I'm gonna shut it down for xmas. I'll keep watching what happens around price re-taking or not the s50 and return Sunday evening.

Gejordan Weekly Journal

So, did you notice it went exactly where it could give you trouble. Noticing this when in a full account always helps you answer the question of "where should I close?"

Rearden's Journal

Right, I am just taking what the exercise is showing me so far and implementing those things within our rules. So, I saw that a down moving s50 might be a problem and it was again. I didn't change any rules, I just said to myself, make sure to take ...

Rearden's Journal

Up Move, Up Bias. Turns out the exit was at a nice place. Price has now dropped below the pivot and s50. This is a pretty good place to enter just based on being close to the bottom of the range, but I learned in the early weeks that I'd rather wait ...

Gejordan Weekly Journal

So here is the result from the above setup... Basic exercise entries, wake up, basic exit when it goes back to where it came from. Not aggressive with this playing with my theory that upside might be limited for the moment due to down moving s50. ...

Gejordan Weekly Journal

Up Bias, Up move Price went back into an up move. It did cross the s50 and stay above, but in doing so, it also went into an up move at the same time. So, I didn't take the s50 early trade that I took the last couple of weeks, because the simple50 ...

Gejordan Weekly Journal

Bias Up, Move Down. Wait for cross and hold of s50 and try to apply what I learned last week to filter/improve the trade decision.

Gejordan Weekly Journal

We switched to an up move in an up bias. I closed out the early entry for about 150 pips. It may continue, but tomorrow is Friday and this is me showing how to do the exercise, so a good place to close. I'll discuss a few things. image First, I've ...

Gejordan Weekly Journal

Less is more. Don't miss the easy things first. Start by just looking at the things you are choosing to put on the chart. You are marking swings. You have a simple50 and a pivot. Master that first. If you are going into much more detail... too ...

Rearden's Journal

ok, but how are you feeling about the exercise? Anxious not trading? Frustrated you aren't more in the game? Have you been dealing with any of that? You are still writing more like you are trying to solve a detailed puzzle. I'd encourage you to ...

Rearden's Journal

Price continues in the range. Still in a down move in an Up Bias. I am still long on an early reversal entry from Dec. 10th (the bottom entry from above). I closed the upper entry above, as I wasn't supposed to be in it... lack of attention to ...

Gejordan Weekly Journal