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So If i had to sum up my trading I would say I have a list of 6-8 trades in total which I look for. There's a base concept and chart pattern behind each trade and then the more confirming factors I can find to support the set up the better I deem the trade to be. I should also note that of the 6-8 sets ups, only certain ones apply in certain conditions, for example if we are trending down, there's several bullish set ups which are 'not applicable' and are to be ignored given the current market condition.

As a reminder of my context/style, I'm looking for swing style trades, risk 6-8 to make 30 type thing, hold period 15 minutes to several hours.

What I'm finding, and whether this is to do with current market conditions or just how I'm 'seeing it' at the moment, is that some of the trades which are 'not applicable' seem to be working quite well and by not taking them I'm leaving money on the table, as well as finding myself at times going a little longer than I would like between trades as I patiently stare at my screen waiting for my areas of interest to into play. There's something to be said for 'being in the market' to assist with how well you are seeing it in my view.

Example is tonight: Given mkt conditions I'm only really looking to come from the short side as I deem it to be the better R:R scenario at this stage, yet when I see a set up like the attached I feel I need to take it.
If I deemed this a balanced or bullish mkt this is a slam dunk buy and hold, yet due to conditions it was not in my pre market play book.

Thinking I'm going to make a slight adjustment. Namely to still take these entries where the R:R looks ripe and I think its a good set up and just be willing to exit for a scalp type trade (although still need good R:R). In effect be willing to risk 3-4 to make 8-10, capture the initial swing then limit exit rather than look for the larger swing run. I'm wanting to introduce a scalp type trade which is trading against what I deem to be the broader market but the short term set up is just to good to pass up.

Saying it another way - if I think the trend is down, short trades should be held for a long period of time, long trades should be very selective and held for only brief periods.

Interested in thoughts from those in the room - Am I kidding myself and inherently trying to move back to my short term bond scalping ways, or is there something to be said for trying to vary my planned hold time given my market perception.

<blockquote data-quote="kid hustlr" data-source="post: 942469" data-attributes="member: 43522">So If i had to sum up my trading I would say I have a list of 6-8 trades in total which I look for. There&#039;s a base concept and chart pattern behind each trade and then the more confirming factors I can find to support the set up the better I deem the trade to be. I should also note that of the 6-8 sets ups, only certain ones apply in certain conditions, for example if we are trending down, there&#039;s several bullish set ups which are &#039;not applicable&#039; and are to be ignored given the current market condition. As a reminder of my context/style, I&#039;m looking for swing style trades, risk 6-8 to make 30 type thing, hold period 15 minutes to several hours.What I&#039;m finding, and whether this is to do with current market conditions or just how I&#039;m &#039;seeing it&#039; at the moment, is that some of the trades which are &#039;not applicable&#039; seem to be working quite well and by not taking them I&#039;m leaving money on the table, as well as finding myself at times going a little longer than I would like between trades as I patiently stare at my screen waiting for my areas of interest to into play. There&#039;s something to be said for &#039;being in the market&#039; to assist with how well you are seeing it in my view.Example is tonight: Given mkt conditions I&#039;m only really looking to come from the short side as I deem it to be the better R:R scenario at this stage, yet when I see a set up like the attached I feel I need to take it.If I deemed this a balanced or bullish mkt this is a slam dunk buy and hold, yet due to conditions it was not in my pre market play book.Thinking I&#039;m going to make a slight adjustment. Namely to still take these entries where the R:R looks ripe and I think its a good set up and just be willing to exit for a scalp type trade (although still need good R:R). In effect be willing to risk 3-4 to make 8-10, capture the initial swing then limit exit rather than look for the larger swing run. I&#039;m wanting to introduce a scalp type trade which is trading against what I deem to be the broader market but the short term set up is just to good to pass up. Saying it another way - if I think the trend is down, short trades should be held for a long period of time, long trades should be very selective and held for only brief periods.Interested in thoughts from those in the room - Am I kidding myself and inherently trying to move back to my short term bond scalping ways, or is there something to be said for trying to vary my planned hold time given my market perception.</blockquote>

[QUOTE="kid hustlr, post: 942469, member: 43522"] So If i had to sum up my trading I would say I have a list of 6-8 trades in total which I look for. There's a base concept and chart pattern behind each trade and then the more confirming factors I can find to support the set up the better I deem the trade to be. I should also note that of the 6-8 sets ups, only certain ones apply in certain conditions, for example if we are trending down, there's several bullish set ups which are [B]'not applicable'[/B] and are to be ignored given the current market condition. As a reminder of my context/style, I'm looking for swing style trades, risk 6-8 to make 30 type thing, hold period 15 minutes to several hours. What I'm finding, and whether this is to do with current market conditions or just how I'm 'seeing it' at the moment, is that some of the trades which are [B]'not applicable' [/B]seem to be working quite well and by not taking them I'm leaving money on the table, as well as finding myself at times going a little longer than I would like between trades as I patiently stare at my screen waiting for my areas of interest to into play. There's something to be said for 'being in the market' to assist with how well you are seeing it in my view. Example is tonight: Given mkt conditions I'm only really looking to come from the short side as I deem it to be the better R:R scenario at this stage, yet when I see a set up like the attached I feel I need to take it. If I deemed this a balanced or bullish mkt this is a slam dunk buy and hold, yet due to conditions it was not in my pre market play book. Thinking I'm going to make a slight adjustment. Namely to still take these entries where the R:R looks ripe and I think its a good set up and just be willing to exit for a scalp type trade (although still need good R:R). In effect be willing to risk 3-4 to make 8-10, capture the initial swing then limit exit rather than look for the larger swing run. I'm wanting to introduce a scalp type trade which is trading against what I deem to be the broader market but the short term set up is just to good to pass up. Saying it another way - if I think the trend is down, short trades should be held for a long period of time, long trades should be very selective and held for only brief periods. Interested in thoughts from those in the room - Am I kidding myself and inherently trying to move back to my short term bond scalping ways, or is there something to be said for trying to vary my planned hold time given my market perception. [/QUOTE]

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