1M Chart Setup — The final part of my chart is the 1M. Here I also add trendlines to identify the most immediate trend and trade with that.

Skracor's Thoughts and Journal of Trading

15M Chart Setup — No more S/R are added at this point only a 15M Trendline. As you have probably guessed the Most important thing here is to know where the trend is at all times.

Skracor's Thoughts and Journal of Trading

4H Chart Setup — I am using the Line charts to setup Trendlines and Support and Resistance. Trendlines follow Swing Lows and Swing Highs. Support and Resistance is self explanatory.

Skracor's Thoughts and Journal of Trading

Hopefully some help from Some Experienced Traders — I thought about starting a new thread just to discuss what I am looking at here. Thought better of it though as this forum can be brutal... Not sure I can even categorize this anyway. I was ...

Skracor's Thoughts and Journal of Trading

Ascending Triangle?? — Maybe I'm pointing out the obvious but... Ascending Triangle?

Trade what you see NOT what you expect

PPA Question — Quick question for you Ken. BTW thanks for all the wonderful posts of examples and explanations they are really helping me. Which line is the PPA? I was thinking it is the lower one but I'm not 100% positive.

Trade what you see NOT what you expect

Hey Eo did you book some profit at the 5ema before the news? I guess I missed that last post.

Trade what you see NOT what you expect

new trade Long 1.6412 SL 1.6396 SL hit

Skracor's Thoughts and Journal of Trading

entered long 1.64229 SL 1.6413 Stopped out due to news volatility

Skracor's Thoughts and Journal of Trading

SL hit

Skracor's Thoughts and Journal of Trading

reentry Long at 1.64206 Took half out at 1.64359 SL now at BE

Skracor's Thoughts and Journal of Trading

new trade today Long 1.64302 SL 1.6421 will be adopting a MM approach that i believe is closer to a Tight Aggressive approach in Poker SL hit

Skracor's Thoughts and Journal of Trading

okay not very many trades today(1) and no pips(0) so 0 pips oh well at least its not negative

Skracor's Thoughts and Journal of Trading

Short form 1.63355 new trading rule after yesterday must be up minimum of 23pips before a hedge trade may be initiated. SL must be maintained as hard and in an area where a new trade may be triggered. SL moved to BE as per trading rules Stopped out ...

Skracor's Thoughts and Journal of Trading

9/21/09 summary — todays totals +14 -48 +3 +7 +3 +7 +1 -------- -13 definitely not the worst day I've ever had but not my most disciplined either

Skracor's Thoughts and Journal of Trading

New trade Short at 1.61626 With lots of rigamarole many smaller trades in between some hedging and all this trade -48 pips lesson of the day place a stinking Stop-Loss Stupid!!!!

Skracor's Thoughts and Journal of Trading

first trade of the week — Short 1.61695 Looking to approach 1.6152 S/R its the third apprach to this S/R so there is a reasonable chance it will be broken this time Up 20 pips SL to BE If we can make it through 1.6133 area we should see 1.6100 ...

Skracor's Thoughts and Journal of Trading

Weekly chart setup update — Updating the chart setups for the week. Shows S/R and pools of Supply/Demand.

Skracor's Thoughts and Journal of Trading

Pips total +10 -14 +42 ------ +38 Done for today good pipping to all see you at the beginning of the Week.

Skracor's Thoughts and Journal of Trading