Thank you for the little gems you drop from time to time on this bulletin board.
Totally agree with OP. Some traders like to ignore wicks other use the extremes. Having the option and flexibility is basic for charting...
If markets trend only 30% of the time then you should be sitting on your hands 70% of the time.
Adding to a loser gives you a false sense of security as it improves your accuracy aka being right and this makes for easier psychological...
Crazy A, Thank you for the great charts, keep them up sir!
By studying how reversal and continuation patterns act when they work and fail. After you know how to identify this, when trends collide you...
The complexity is most certainly there because of trends within trends. Even if you stick to one timeframe, it all depends how much you look...
I have accepted an offer of mentorship at no cost from a well respected member of the trading community but the person requested confidentiality...
ES support 1170s-1180 ES resistance 1237s-40
Waited patiently today and finally saw a solid signal today to short with very small stop so took it on very good size. Decided to swing it,...
Thank you for your post, read his book many years ago. Joe
Thank you, ya too much size right now is not an option, and since I was playing defense in case of a quick gap fill, I only used 100 shares. Wish...
Just wondering if anyone is reading my journal. Joe
Quick trade today in cash. Worked very well. [IMG] Joe
Experimented a bit today with the IB and NT integration in cash. Seems to be working well. Nothing special just a few scalps as I tested the...
Shorted SPY today when I saw a rejection of the 20 day simple moving average. Saw no reason to close the trade considering the unrealized...
Quick updates. Family hit with a major stomach flu that has taken us out of our routines. Still looking to recuperate. In other news......
I will share with you something that a great trader shared with me as I started learning the beginning of the path into successful trading, as I...
A great example on how to answer back when someone doubts your word or calls you out. I wish ET had a rule where every call had to be backed...
Had a feeling the consolidation was about to explode, just did not where to, which is why I exited the position on my earlier post. Looking to...
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