Goddamn, is the internet slooowww tonite or is it just me?

3 minute YM today. Only took 3 trades today on the YM: 3 winners for + 22 ticks. It was a fair trading day. In hindsight, a lot more swings looked tradable for good scalps, but I switched to 1 contract with a wide stop and no target so I could work on my "trade management" skills a bit. Didn't take much heat on the trades so I wasn't tested on cutting my losers short. I did, though, cut a couple winners short.

I'm still in experimental stage with the new trading plan. I've pinched from here and there among the traders I like in the room, and also thrown in my own stuff. The Gio multiple timeframes is totally anti-Woodie, but I'm now resigned to not being Woodie or aspiring to pure Woodieness. I've had the Gio - 2, 5, 8, 13 charts up for 3 days last week and long playback sessions. I just can't get much out of the 8 and 13. I can't sit in a trade for 4 hours like her. I wish I could and ride a trend all day, but that's not me. I've switched to the 2, 3 and 5. They're close in time. Some would say "why bother?" since the 2 & 3 are so close, but I'm keying on the 3 for all setups, 2 for perhaps a quicker entry and 5 for Woodie's view, as that's his sole YM chart. For the ER, I have the Sierra 125 tick (to approximate the 250V), 3 and 5 mins.

From earlinarizona, I've taken to drawing 90% horizontal trendlines. They're easier for me to see and follow, as everything runs parallel to the zeroline, +/- 100 and +/-200. The trendline breaks are also easier for me to see. Somehow, diagonal tlb's have me jumping the gun too often. There's a lot more discretion in diagonal TL's running along peaks and valleys, plus there's always the question of whether to use the turbo, too. My charts get messy awfully fast as I keep rejiggering diagonal TL's, so I'm trying to keep it more basic and comfortable for what my brain can do right now.

From r7, I've adopted a scalp mode. Not for all the time, but it's a useful strategy to have the arsenal as choppy days are more the norm in the market now. He uses the 8 ema and disregard Woodie's 25 lsma and gb007's 34 ema.

Today's chat was pretty fun. The Florida trade-a-long was going on and they surprised the hotcomm room by hooking up to us live. Got to hear and see a bunch of faces as the moderators took turns at the mic. Two new patterns were introduced (the "notch" and "plateau") which I'll get around to one day. The "sidewinder" indicator was officially released, though only on esignal so far. Hopefully, somebody will program it for us Sierra users.