one of the WFMI charts has the 8 ema and the other the 20. I was checking to see which one I was using today. Sometimes I use the 8ema on the 15min to mimic the 20 on the 5min. I was watching WFMI scroll through the h/l ticker a handful of times. When it went through again I decided to short since it broke down after that pausing doji. a good thing for me maybe to capture the chart the moment after entry. to me, it seem stuck between .40 and .70. i guess i really don't have the right to say that and it could just be my anxiety talking. i thought we could get another volume breakdown but the volume was very light. also, the q's look they wanted to head back to highs so i took the position off. 

i would say this is ideally what i am looking for. just no follow through. looking back now, i realized i never even check the volume on this chart. not that it would have mattered in this instance, but i need a work sheet like scott. check spread, check volume, etc...

S
o, trying to get back on the trading horse. Most of the large projects are complete around the house I bought so I am trying to find 3 hours a day to trade. From 11am est to 2pm. While reviewing my charts, I have come to the conclusion that the charts I like to see forming are made in this time period. Let's see what happens here before I possibly head back to school for a masters, boo!

phew, it's been along time not trading, i haven't even realized.

i just got back from working at the daytona 500. i have a few more things that need to be done before i fire up the old trading computer. i was hoping to get it fired up early march, but it is looking like early april. the new house i bought needs mucho mucho work before we can move in. late march most likely i'll be heading to lakeland,fl for sun n fun. so, early april should do the trick. in the meantime, i'm just visualizing the charts over and over and over again. hopefully, it will make the difference in my trading. i don't think my problem is trading, but NOT trading. learning how to keep from being bored just waiting for the one setup all day long. it ends up being quite boring. all right, enough writing and thinking.



busy busy busy. i hope you all are trading your asses off.

Just watching and working on the mental side. NT is acting funny by not loading up the past days action. So, the EMA doesn't come out right, but what can i do.


ROVI: showed up on the runner screen. she kept going

ACOR

DV: I would have gotten caught trying to short this a couple times.

KCI: long pause before explosion

MAKO: another one that paused and exploded

MUR: i was thinking an entry somewhere around the 1:30 hammerish doji candle.

PGN: another one i can see myself getting stop in a few times.

Unfortunately, I only had enough time today to see the trades I missed, lol. What occurred to me today is how this is the greatest job in the world. You are working for yourself. No customers, no bosses, no partners, no teammates. Just you and the market. It is the same reason why golf intrigues me. I do not play the game but the idea of being a pro golfer is interesting. It is just you VS. the course. No teammates. No coach. You are calling the shots. I love that.

I was also thinking today, that when you own a store, you are bored waiting around for customers. It is the same thing with trading. I am scrolling through charts all day waiting for the right customer. That is it in a nutshell. If you want more eloquent writing, visit bankrobber, dtf, or tarigal, lol.


SRX: Below the moving average. I don't know if I would have pulled the trigger, but it certainly is pretty. I first noticed it after that beautiful top.

ARMH: This one was interesting. It did not show up on lightspeed's riser faller list. But, it did show up on DTF's new low screener. It is then that I realized that DTF's screen will pick up gap ups that make new lows, where lightspeed's screen only calculates from the prior close it misses a beauty like ARMH.

CPX: beauty

updated screen shot. the charts on the left in gray are actually on a monitor mounted above the middle monitor. so they are located above the main middle screen that shows the charts of the q's,spy,trade alert tickers, etc..

i fired up the old beast of a computer today. from around noon until 1:30 east coast, i checked the charts. i saw nothing i liked. hopefully, i am not becoming to picky.that may be the problem with the 1 trick pony. not everyday will fit my style. some decent charts but nothing ideal.

yo

http://stockbee.blogspot.com/2010/12/how-to-be-profitable-in-2011.html

its just like learning to swing a golf club. muscle memory. practice. visualization. repeat


sweet, my bank has a great rate of 1% on their savings accounts. is that something to advertise?