hailchaser2

Wednesday LIVE +1.5R Pretty uneventful morning, the three trads I took were ok, but I'm proud once again of the two trades I passed on because they didn't meet my criteria. I think I'm going to start adding them to my journal, because IMO, they are more important to my development than the trades I do take. My growing self awareness is what allows me to stay away from those setups. UAL 1MinOrbDown +0.7R Not much to say about this trade, it bounce right off the daily level I had drawn, wish it would have followed through more. but I took a 50% partial at that level. WMT 5MinOrbDown +0.5R I chased this trade a bit. WMT was on my secondary list, so I missed the nice 1MinOrbDown because I only have charts up on my main list. when I clicked over to WMT I had some FOMO and entered the trade way further from VWAP than I like. I was fortunate this wasn't a loser. SQ 5MinOrbUp (more like a 15MinOrb) +0.23R This was late in the day for me (9:56), I like to have things wrapped up within 30 minutes because I have to leave for work. SQ was holding above VWAP, once it broke through VPOC I took it long. It just didn't have the juice yet though. Not a bad trade, the 1MinCandle prior to my entry did have volume above average. Tomorrow, keep it up, the follow through will eventually happen.

I’m not sure phone trading is a good idea for me, I’ve considered deleting the app from my phone, lol. Yes, I carry a monitor with me to set up in my hotel rooms.

Tuesday LIVE +2.8R ROKU 1MinOrbUp +1.0R I took this trade at 57 seconds instead of waitiong the full 1 minute. worked out well. UAL.1 1MinOrbDown +0.4R Good trade UAL.2 5MinOrbDown +1.3R Another good trade Back to my normal setup in my new hotel room, felt relaxed and comfortable. I really like Williams meditation video, I watch it every morning 5 minutes before the open.

I'm going to give this a shot, I partial too soon sometimes, this will give me a visual target for my first partial at 1:1

I believe you should be getting your ATR from the daily chart. I have my daily chart set to show ATR in the Volume area. When I'm setting up my watchlist, I have a column where I type in that ATR number from the daily chart on that stock.

My flight was delayed this AM, so I thought I might get to trade the open, but they started boarding right at the open, so I closed my laptop and got in line. Then they stopped boarding, so I made a couple trades on my phone. Monday LIVE phone trades +0.29R UBER.1 5MinOrbDown +0.15R I missed the 1MinOrb because of the boarding issue, so I took a chance on the 5 Min even though it didn't have a pullback I usually look for. UBER.2 TFL BreakOut +0.14R Not a setup I should have traded. I'm in a new town now, left Gillette Thursday and I am now working in Belle Fouche South Dakota now. I should be able to get my full setup hooked up tonight and get back to normal tomorrow. I expect this job to last a couple weeks. So I should get a good morning routine going here.

Thursday LIVE -3.9R I've already written this journal entry once. I was at the airport Friday morning , but I guess it didn't save before I had to board. So I'm doing it again, from another airport now. My psychology was rattled before the opening bell, the President was getting ready to talk right at the bell. I knew from the past that things he says can really make the markets move. This caused me to lose confidence in my decision making. ROKU 1MinOrbDown -0.09 This entry was either late, or I had some slippage. Then my partial was early, causing a stop out . NCLH 5MinOrbUp -1.0R I'm happy with this trade, it met my criteria and even had the ABCD on the 1Min. Price quickly went against me once I entered though. BA.1 No Setup +0.34 I saw the MAs and TFL act as support so I went long, but this isn't one of my current trading strategies. I should not have entered. BA.2 5MinOrbDown -0.042 This wasn't a clean Orb, the first two 5 Minute candles had bottom wicks. probably should have stayed away from this one as well. EDIT BA.2.5 5MinOrbDown -1.0R While doing some TraderVue review, I realized I had 4 BA trades not 3, I tried this 5MinOrbDown again. BA.3 LightningBoltUp -1.1R Didn't follow the three touch rule on the pattern. JPM 5MinOrbUp -1.0R Another trade that wasn't as clean as I would like to see. This was trending up, but it had already tried this price level 3 times. I should have sat this one out too. When my trading was over Thursday, I felt bad all day, I thought I traded terrible. After reviewing and doing this journal entry, I feel a lot better. BA1 and BA2 were bad trades, but the others were minor mistakes that I don't feel terrible about. ROKU good trade but partialed too soon, NCLH good trade, BA3 not patient on pattern, JPM, too many prior tests of price level. I won't get to trade today, I'm flying back to work, so I'll be on an airplane at the open.

I know in my journal yesterday I said I would continue trading in SIM the rest of this week. Well, I said f%$k it. I went back live today. Wednesday LIVE +2.8R SQ 1MinOrbUp +0.9R I was watching SQ because the daily had formed an ascending triangle the last 3 candles, it had also tried braking this level for 5 consecutive days. I took my first partial too soon, but hey, it was my first live trade in a month, I'll get better at slower partials. I think I'm going to set up a hotkey to draw a line for my first partial (one R). DAILY TRADE FDX 1MinOrbUp +2.8R FDX had gapped up a lot on earnings, beat on all expectations. Got a good entry near VWAP after the second candle pullback. Then it was off to the races. I had some other trades I skipped, I attribute these good decisions to my improving self awareness. I'm sure everyone is tired of hearing about my self awareness, but I really believe that was the biggest missing part of my trading skills. I could always see afterwards the reasons I should not have entered the trade, now I'm aware before I enter the trade. I ask myself if this is one of my setups or not, and I can skip the trade if it's not. Before, I would enter the trade first, then realize it wasn't a setup I was supposed to be taking. Thanks BBTFamily

The daily is why I was watching NVDA on Tuesday 30th. Look at the big bottom wick on Monday 29th.

I just posted that on your thread. My stop was at 52.01, high of that candle was 52.02, then it dropped about 80 cents. Maybe next time I'll go .03 above whole dollar instead of .01. Thanks

Tuesday SIM +2.2R MU 1MinOrbDown -1.0R First candle was white, closed above VWAP. and had a big down wick. Probably not the best short. NVDA 1MinOrbUp +2.5R good trade UBER 5MinOrbUp +0.6R Not a clean chart on the 1 minute, but that first five minute candle with the big wick down, and VWAP holding as support looked good. Finished the month of June +25R, this was all in SIM, but I am very happy with my improvements this month. I am tempted to go back live tomorrow since it's the 1st of the month. But I had a plan to get 3 positive weeks in SIM before going back to live. So I should stick to that plan and finish the week out in SIM, then plan on going live Monday.

Monday SIM +3.3R BYND 1MinOrbDown +3.3R When second candle failed to hold VWAP, I went short. I thought about adding for the 5MinOrbDown, but decided against it, BYND can be very erratic, so I just decided to play with what I had. I also continue to make improvements on my self awareness. I had a couple of trades that I would usually have entered, especially since I was in a winner already. But I took a breath and realized they did not meet enough criteria for me and I stayed away. I looked and looked for another trade, but didn't see any that I liked. I need to keep improving on my self awareness. I watch William's meditation video in the morning after the pre-market show and before the open. This BYND trade worked exactly as I had pictured it during the 3 Min Meditation. I have also started muting the chatroom at the open. It is helping me concentrate on the trades I'm looking for without getting distracted by the trades Andrew and Brian are talking about.

I just found an old Carlos webinar on 5 Min Orbs

I love Peter’s webinars on his strategies, his Lightning Bolt, and his doubles. Could we get someone to do a similar type of webinar for 1 and 2 MinOrbs.....and a separate one for 5 and 15 MinOrbs?

I did make an excel sheet that tracks several things, win %, sharpe ratio, "R"s, and maybe some other things, but I haven't used that spreadsheet since I started with TraderVue. I would like to get back to using it if I can find time.

Thanks! Group 1 was all of my LONG trades, Group 2 was all of my SHORT trades.

Friday SIM +5.2R I traded fairly well today, should have been more patient on some entries. I am actually very happy with a couple of trades I didn't take. There were two different times I was going to take positions, one I didn't because it was too far extended from VWAP, I think that was GPS, even though that would have been a big winner, it wasn't one of my current playbook strategies. The second was a break of HOD fifteen minutes in or so, I don't remember which stock that was maybe BBBY, I'm not trading HOD or LOD breaks right now. These two non entries are what I am most excited about from this week, it shows I'm starting to be more self aware while trading. Another big accomplishment today was it is the first day I CHOSE to trade in sim. My new funds hit my CMEG account, so I could have traded live if I wanted to. I made a deal to have 3 consecutive green weeks before going live again, I stucjk to the plan and conquered the temptation to get back in live. So I am happy with my progress this week, and look to build on it next week. I think self awareness is the most important aspect of my trading, so I'm really going to concentrate on that moving forward. NKE 1MinOrbDown +0.22R This was a good entry below VWAP, if I would have been more patient with my profit taking, I could have had a nice winner. NKE.2 5MinOrbDown +0.4R Good trade, it just wasn't ready for the big drop yet, it did happen 10 minutes later after I stopped watching it. WFC 1MinOrbDown +0.35R Stock tried to get above VWAP and rejected hard, so I shorted, no follow through. WFC.2 5MinOrbDown +0.23R This one also wasn't ready for the big move, happened 10 minutes later just like NKE. C 5MinOrbDown +0.17R Slippage got me on this entry C.2 5MinOrbDown +3.9R I got pretty lucky here, as I was hitting my hotkey for shorting, the price quickly moved closer to my stop loss, so that gave me more shares than if it had not made that move, either way, this was a good 5minOrb with ABCD on the 1Min. Did a little stat review in TraderVue before journaling. Group 1 is longs this month, Group 2 is shorts this month....I had no idea there was such a big discrepancy. Is this something I should worry about, or just see how it plays out next week before making any adjustments?

This is happening to me as well, I will try to pay attention if it's only when I click in the margin. I'll try to experiment some tomorrow.

Thursday SIM -3.2R Tough day, I was not relaxed at the open, I need to be better at self awareness. I need to know when I am anxious so I can stop bad trades before they happen. NVDA 1MinOrbUP +0.3R Not really a 1MinOrbUp....I didn't even wait for the first candle to form. I let my pre market bias of a daily breakout affect me at the open, I was afraid I would miss the move. That's ridiculous, there is almost always another opportunity to get in later when you miss an entry. NVDA.2 1MinOrbUp -1.0R Still let my long bias affect my trade, and I chased the entry. Also had a daily level right above my entry, so the R:R was terrible. UBER 1MinOrbDown -0.7R Another bad trade, look at that giant wick on the first candle, shows buying pressure.....and I short it the next candle. UBER.2 5MinOrbDown -1.0R This trade wasn't as bad as my other trades up to this point. But there were still signs that this was not a clean setup. Look at the 2 min chart. The price was obviously respecting the daily level I had marked, big wicks on all three candles showing buying pressure.....and I shorted it. DIS 1MinOrbUp -0.1R I'm ok with this entry. Big slippage on my BE stop. DIS.2 Revenge trade -0.5R I realized this was a revenge trade and covered half of my size, so it wasn't a full R loss. DIS.3 DoubleTop +0.4R Failed at the 200 SMA twice so I shorted. JPM 5MinOrbUp +0.4R Long consolidation, I partialed too soon. This is a recurring issue, but it's an even bigger problem if my day has been going poor like this AM was. This should have been the trade that got me back to even on the day. I need to be more self aware in this situation as well. BYND News Trade +1.0R I heard CNBC say Mcdonalds was not moving forward after their tests with BeyondTheMeat. I took a short. I got two good partials and then when I went to set a trailing stop I made a hotkey mistake and exited completely. This made me angry, so I made an emotional short and lost my R from the first trade. BYND.2 AngryTrade -1.1R TSLA LightningBoltUp -1.0R Good trade, but I think by Peter's rules I'm supposed to wait for the candle that makes the 3rd touch to close above VWAP before entering, IDK if it would have made a difference or not, I still might have gotten stopped out. TSLA.2 Revenge Trade +0.02R....Yes, that's not a typo, I made 2 pennies on this one. I traded very bad today, tomorrow I will remember to watch William's pre market meditation ….today I realized I forgot to watch it, I looked at the clock and the open was only 90 seconds away. I considered watching it anyway, it's 3 minutes long, but I decided against it. Maybe that is what caused my anxiousness today. Back to the grind tomorrow, with more self awareness and more concentration.

Wednesday SIM +2.4R Felt good about my trades today, let's see if I still feel that way after this review. TMUS 1MinOrbDown -1.1R This was a bad trade for a couple reasons, it opened too far from VWAP, and the first candle had a big wick down. I was biased because of the bog drop after news halt early in premarket. I didn't let the chart and price action speak to me, I was just looking for a spot to go short. DELL 1MinOrbDown +1.4R Good trade, second candle tried to move up and couldn't even get back to half way point of first candle. it also lost PML. My R:R criteria was not 3:1 to next level. I had a daily level at 1:1. It met the rest of my criteria though, I was fortunate this trade kept falling for me. PLUG 1MinOrbUp +0.3R This was a questionable entry. the fourth candle wicked down, when the 5th wicked down and started coming back up, I entered long. No follow through. PTON 5MinOrbUp +0.2R I was happy with this entry, no follow through. RCL 5MinOrbDown +1.5R This one was picture perfect, ABCD on the 1 min chart, 2 wicks up on first two 5 min candles. was able to get an add at break of daily level. Still happy with my trading today. I also accomplished the goal from yesterday, just traded my 3 setups.

Tuesday SIM +2.0R Not many good trades today. I also traded some setups that I'm not supposed to. I need to get back to my 3 main trades I'm currently taking, Orbs, LightningBolts, and DoubleTopsBottoms. That will be my goal the rest of this week.....No more Break Outs at levels, No more reversals that aren't doubles, or anything else I see that tickles my fancy. 1st FSLY 1MinOrbDown -1.0R. stock met all of my criteria just didn't work. 2nd FSLY 1MinORbDown +0.5R. No follow through. C 5MinOrbUp +0.8R. Good trade. 1st AAPL 5MinOrbDown -1.0R. 2nd AAPL HOD BO +0.04R SQ 5MinOrbUp +0.1R TBIO BO Down at Level +0.2R Not one of my setups SQ BO down at Level +0.4R Not one of my setups c Lightning Bolt Down +0.14R. Look at the drop I missed because I got cold feet and partialed too soon. JPM Lightning Bolt Down +1.7R ROKU Reversal. -0.1R I moved my stop after the price pulled back near my entry. Had I left my original stop in place, this trade would have worked out well. Not one of my setups BA +0.3R Not one of the setups I'm trading right now.

Monday SIM +3.8R One of my bigger R days this month, but I didn't feel good about my trading. SPCE -0.6R made a deal with NASDA and was gapping up so I took a 10 share long on SPCE in the Pre-Market. This does not help my learning at all, not one of my playbook trades. Very bad way to start the day. 1st RCL +1.6R Good 1MinOrbDown 2nd RCL +1.0R LightningBoltDown 1st MSFT +0.2R 1MinOrbDown 2nd MSFT -1.0R 5MinOrbDown 3rd MSFT -0.6R LighningBoltUp, but I entered too soon, the next candle would have been much better, and been a big runner. 1st WMT -1.0R 1MinOrbUp 2nd WMT +1.6R 5MinOrbDown Then I ended up taking trades on everything in my watchlist, and secondary watchlist. I'm too tired to figure up each individual "r" for each trade.

Busy weekend so I missed Friday journal. SIM Friday -3.7R my first three trades were all losers. all on BA Long Short Long This was terrible trading. In SIM, my account doesn't get locked for max loss like my LIVE account. So I went full blown hulk mode for the rest of the morning. Ended with 127ish tickets. Over -100R. It was absurd and silly. There is nothing I can learn from trading like that. Had a good weekend though. Got a new pellet Smoker Saturday. Sunday headed to my next storm, drove from 7 AM to 11 PM. Now I am in mountain time, so I can trade at my regular station instead of trading on a laptop in my Jeep.

Thursday SIM +3.2R.....4/6 accuracy 1st MGM -0.9R I tried to enter closer to VWAP, but price shot up quick on me. It didn't matter, the trade would have stopped me out anyway. 2nd MGM +0.3 5MinOrbUp ok trade, no follow through after entry. SPOT +1.0R ….1MinOrbDown , two big wicks up first two candles, so I took the short just below VWAP. only got two partials. UAL -1.3R...price lost VWAP and 200SMA so I shorted. Price quickly recovered and stopped me out. KR +2.8R...5MinorOrbDown, BO below daily support levels, descending triangle. I almost missed this trade, I just clicked over to it just before the dump. I also made a good ADD at VWAP, but just like yesterday, got nervous and covered those shares the next candle. I need to start trusting my adds more. 2nd UAL +1.3R...5MinOrbUp, good trade, I almost entered again after my stop out at BE, but my day was pretty much finished. Another solid day. Biggest thing to work on is trusting my adds and letting them go. Now I'm off to take the kids on a Jeep ride!

Wednesday SIM +3.1R NCLH=+0.7R , I usually prefer a pullback before entering, but this had a big gap down and I thought it was getting short squeezed, so I hopped in and took quick profits. BYND=+0.9R, 1MinOrbUp BYND had good daily setup for BO. I partialed too early on this trade, but BYND is very erratic and spready so I'm usually extra cautious with it, but still, it didn't show any signs for me to partial that soon. RCL=+0.17R. I chased this trade. I was not watching it until 10 seconds before I entered. A good entry would have been 3rd or 4th candle, but like I said, I only have a few charts available at a time on my laptop. 1st ROKU= +0.7R. 5MinOrbUp after second test above VWAP. 2nd ROKU= -1.1R. Tried lightning bolt down trade and got stopped out. Looking back now, it was an early entry, it had just touched VWAP a couple times, but had not passed above yet. 3rd ROKU= +1.8R. Still thought this was a good lightning bolt down pattern, got good partials, then added like Thor (100SMA). got a bit nervous and sold my add the next candle. (This pic actually has all three trades, it was Long, Short, Short+Add) good day overall, need to be more self aware about not partialing too soon.