Had a lot of free time today so I used to go over my recent trading records and also do some forward testing using Ninjatrader's market replay feature. I made what I believe to be some very useful observations. Going forward, I am going to do a 10 ...

vidvad's 2023 4-9-18 ema journal

I'm really feeling the need to zero in on one thing at a time. Trying to tie together too many idea and concepts that too often work at cross purposes. Also, I find my own prejudices creeping into my decision making when trading the ES. I feel I ...

vidvad's 2023 4-9-18 ema journal

Waiting for Red News at 9:45 AM Eastern before doing anything. 10 brick Renk HA today image

vidvad's 2023 4-9-18 ema journal

H1 ES Red Lines = high or the previous week Green Lines = Low of the previous week Any black dotted lines were drawn by me to high light what may be or become areas of interest to me. image Below the dotted black line after the NYC open, the ...

vidvad's 2023 4-9-18 ema journal

Here is an excellent playlist by Pips2Profit from which to start understanding the Stacey Burke approach. Trading Entries Using PRICE And TIME Made SIMPLE - YouTube

vidvad's 2023 4-9-18 ema journal

Thanks for sharing your view. SB's videos are certainly more difficult to understand than they need to be, but I think I've gotten enough out of them to be able to say it is worth me continuing down that rabbit hole for a while longer. I don't know ...

vidvad's 2023 4-9-18 ema journal

I agree with everything you are saying, and 100% agree that Stacey's presentation of his approach can make your brain bleed lol. You should take a look at Cameron Benson's Pips2Profit youtube channel. The kid has a great grasp of SB's approach and a ...

vidvad's 2023 4-9-18 ema journal

I haven't abandoned journaling. I am really doing a deep dive on the Stacey Burke Material. One thing that I had sort of missed was his distinction between trading for movement versus trading set ups. The 4-9-18 is trading for movement. There is ...

vidvad's 2023 4-9-18 ema journal

If you're at all struggling to make consistent profits, I highly reccomend looking into Stacey Burke's approach. His free youtube channel is here: Stacey Burke Trading - YouTube Here is Stacey's own "Start Here" playlist: CURRENCY TRADING - START ...

vidvad's 2023 4-9-18 ema journal

Big volatility started working its way into the NY session since the New Year. from 5 brick to 10 brick to now 12 brick for ES to better let the swing indi scope out S&R levels and avoid some whipsaw entries.

Williams%R, SAR X-over 15 minute candles

Stop trailed now to 33631, profit target still 33512. The market will decide. If YM does make new lows, the stop will tighten. image

vidvad's 2023 4-9-18 ema journal

Fed Beige Book at 2 PM. I'd like to be out before that drops. image

vidvad's 2023 4-9-18 ema journal

YM at session lows. My stop will tighten soon. image

vidvad's 2023 4-9-18 ema journal

Market makers guarding this level on ES. You can tell because they leave footprints. If ES gets bid here, I'll close the YM short soon after. If ES cracks had below 3973, then YM might make it back to last week's low before the close today. image

vidvad's 2023 4-9-18 ema journal

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vidvad's 2023 4-9-18 ema journal

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vidvad's 2023 4-9-18 ema journal

This is how the 4-9-18 worked today in conjunction with the Stacey Burke method. image

vidvad's 2023 4-9-18 ema journal

Same principle at play on the YM Dow mini today. Failed breakout of last week's high and First Red Day FRD break of yesterday's low after three pushes into the high of day implies high odds that the YM will go coast to coast of last week's range.

vidvad's 2023 4-9-18 ema journal

Big picture of the YM using hourly candles. image

vidvad's 2023 4-9-18 ema journal

First Red Day short sale on the YMN was best trade setup for me. Trailing stop with a profit target near last week's low. This is a Stacey Burke style trade set up and I am not claiming I traded it as well as Stacey would have traded it. image

vidvad's 2023 4-9-18 ema journal