humbled

Thales, No I just wanted you to know that I did try the idea of watching price before like DB had suggested. I did not avoid it or skip it. I took as many steps as I could on my own before asking for help. You did not say anything , I just wanted to be clear that the missing "feel" has been something I have been searching for. Humbled PS. I am trying a 1 second chart as the 1 minute is not speaking to. I put up a line on close chart and I will keep it on watch.

Whatever "feel" I am missing is not due to being lazy. I can assure you I give this my all. Humbled

I have done that and will do so again. I never extracted the feel but will work on Ninja replays again. Humbled

40Draws, Thank you for your input. Maybe you can share your view on how you read the market supply and demand beyond the lines we draw. Beyond support and resistance. Beyond the tools that we both use. You are suggesting there is another layer. I am not aware of how to detect it. Thanks, Humbled

Thales, I did not want to rush to respond to this post. I am still digesting the value of your comments. I appreciate the help. I have killed the Fib use other than the 50% line. I am working up a plan for tomorrow. Can you suggest an opening range time period to use for my plan? Humbled and very thankful for the help

Note the added extensions. I was reading a thread from previous work of Thales and noticed he taught his daughter extensions using fibs. I used the -23.6% fib. Thales please let me know if you believe this added piece is needed or should be left out. I have a absence of levels above.

Thales, I understand that structure as it is the same as a 123 pattern. Humbled

I took this exit based on my current lessons from reading DBPhoenix's work. Humbled

A pattern that allowed for a very small stop at a key level. I took the chance. as price was holding up. Humbled

Enigmatics, I agree with almost every comments you have said to me . I am just not sure yet how to avoid the choppy ones :crap: Humbled

Thales, After reading that comment again, does your comment assume that a break of a demand line alone is not enough reason for an exit or is it just the parabolic angle of this one? Humbled

Thales, oops, I just read that post after I had already finished that last trade. You are right, it is actually less about the money. The sting is the high count of losses in a row and the very small micro scalp gains when they work. But the outcome is the same. I will take the advice. I must admit even one trade like the last one takes some pressure off. Humbled

A nice one for more than a scalp. Was the exit too aggressive?

Trying to trade the wrong direction. Humbled

IMO this post sums up the progress and issues I have run into so far. After review of the Supply and Demand Lines, I believe these can add an additional layer of directional help. Humbled

Thales, What a nice thing to say about DB but I am pretty sure I made a good choice. Humbled

Tradingwizzard, You and Seeker both gave me some thinking to do today. I might be better doing this journal in private. I think limiting my input to Thales voice and keeping the blinders on might be necessary to keep me from running off the path. When I am getting stopped out so many times I start looking around and that can get me in trouble. I am not sure yet. Humbled

Here are my levels for 7/5/13 Humbled

Per Thales instructions, I have added some lines to this setup. Here is my first day drawing out the Trendlines including Supply and Demand lines. Humbled

Sold using a close level and the break of a demand line. Might have jumped the gun. Humbled

Thales has been working with me to construct a method here on this thread. Humbled

Thales has been helping me. Humbled

DbPhoenix, I was instructed to take all levels from the SPX Cash index. I post these each night or morning before the market. I attempted one trade in Globex and it was suggested that I did not have a clear picture of my level because the cash index was closed. My guess was that Thales wanted to protect me from low volume overnight stuff. I did not question it as I am sooooo appreciative of the help and thankful for the direction after such struggle. Humbled

DbPhoenix, I just forwarded a PM with a download link to my current work in progress. Humbled

DbPhoenix, Thank you for showing up here. Your method is not advanced to me but I often have to read and re-read to get the information distilled down. That is a function of my own comprehension. If you review my thread you will see that Thales is coaching me and has suggested that I learn your stuff as part of it. I am currently working the Supply and Demand lines into my entry method. I will be posting charts with my application of your eBooks and welcome your input. At this moment I cannot tell up from down but I look forward to having my eyes opened. Humbled