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CaptainKirk
Tue Jun 22, 2010 6:18 pm


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gretrading...  I have to concur.  I am on my second week with Al in his webinar.  I have also watched a few of his summaries from "interesting" days.

I am agreeing that I TESTED taking H2/L2 Trades and found them to be amazingly profitable.  80% for a scalp and 70% with 2 points allowing for a swing as well...

But during the webinar, Al will say...  this could be an H2, but I don't like it.  We are TOO xxx.  Today is supposed to be a range day, etc.

It is great insight, but I have passed on A LOT of trades that worked.  Its okay when you realize Al is looking for the best chances to make money, not EVERY chance to make money.

But I am torn.  I love the analysis, and it is now getting repetituve (this looks like a Final Flag, here is the measured move, this might be a magnet).

Which is GREAT because I can see some of it for myself.  But I am having a hard time taking a SINGLE TRADE some days, because NO SETUP looks GREAT.  Honestly, there has been 3 days where I took 1 trade OR LESS...

So, I am not sure if I am OVER HEEDING the warnings, or if I have just not matured enough to trust myself more.  Today was MOSTLY a range day, which means L1s at the top of the range, and H1s at the bottom should work...  And they did.

I think I took one of them for a scalp.  It was the move that broke down hard.  No re-entry for me.

So, I understand and hear you.  I wonder if others feel the same way, or if we are doing something wrong...

Every day I remind myself.  Just take the DECENT H2/L2 trades when there is a trend.  H1/L1 in a strong trend.  But the trend is not obvious UNTIL it is deep into the move...

Newbies.. :-)

Again, it is the best value going.  I like that Al doesnt CHAT the room up, or open up discussions.  We are focused, and that is great.