Trades for today, +5.6pts Today was a really good day, I only had one straight-up loser. Annoyingly, on the first trade price actually reached...
My (inexperienced) mind wants to say that today was a bit unusual. Shorting the LoD, close to support lines, in an uptrend that still looks to...
I could be wrong, but to me that looks like a mean reversion/double-down strategy. How much draw-down do you accept on those trades where you're...
Could you elaborate on how you use this concept in your trading? It seems to me that supply/demand is always reflected in S/R, Price and Trend.
+1.98pts on the day (simulated!). Not shown is a trade from last night where I got stopped out for -6 points (the target was 15-20 points). I...
I second that request. I ended today almost exactly at BE, and only then because I started taking profits after 4-8 ticks.
Considered by whom? The Marines in Lebanon during the mid-80s called the IDF "a fourth-rate army fighting a seventh-rate army" (i.e. the Muslims).
Yeah, I get the basic idea: move your stop up to resistance and let it fly. In theory it works fantastically on days like today. I just haven't...
I'm wondering if people find it more useful (perhaps just in the early going, as a part of the learning process) to go for arbitrary fixed profit...
I am down $23,567.65 since I started trading a little over 7 months ago. $13k of that was a one-day hit back in March. It's been about 3 months...
That sounds pretty much like my story. I'm delighted that there's a new journal on pure PA/SR trading; last week I decided to go back to...
I felt the same way about today. I think it must have been an easy day to follow... Doing my first tentative MADA I only got faked out on 2-3...
Question regarding the YM. Earlier I made reference to an LL on the ES that appeared as an HL on the YM. The same situation has shown up again:...
I have the same areas marked "change" as you do (though I didn't actually take the trades), but I have them all marked exactly one bar later :)
Ah yes, thank you, I hadn't thought to expand that tape. Looking back there's nothing at all ambiguous about what happened, I was just looking...
Chart posted with questionable area highlighted. The Aqua channel represents what I was expecting. Looks like 10:20 EST (bar close) was a pt3...
Not even 8am Pacific, and I'm already confused... Was the 10:35 (Eastern) ES bar, by chance, a pt3, FTT, and BO all rolled into one?
The market is either in a mode of continuation of change. Recognizing the current mode allows a trader to closely follow the market and extract...
My chart for the day. Still on the black BG but I did change the colors for laterals and IB/OB so the price bars are easier to see.
I think this answer might take the cake. Again wrt the situation from yesterday at 13:50, higher volume+lower volatility and FBO of lateral...
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