I would disagree. An edge is the ability to identify or program a profitable trade setup where over time it achieves a 55% or higher win ratio....
Think of price movement as waves in the ocean. While the wave is coming to shore, it could be defined as a bearish wave, a bullish wave, a range...
We learned doing this that my standard mic sucks ass, so I ordered a $ 29 mic from Amazon so hopefully my next video will have better sound quality.
Here is a test video I created using OBS studio. It shows how easy it is to use this free program to record your screen and post it to your you...
Well I am in a losing counter trend trade, but hopefully, it will turn around by the morning. As always a stop is your friend that prevents you...
Yes, it works best in lower time frames like 5 min.
PA is a holy grail of predicting rapid movement. For example, an engulfing candle in the opposite direction of trend after a waterfall event....
Was that you in the car? LOL.
This is what happens when you don't use stops. [MEDIA]
My breakout system used wide stops and wide targets. 65% win ratio. # 1 of all tracked systems.
For scalping the MA's are not really needed. You can watch price action and use a stop where price proves you wrong. For example, I went long ES,...
Most people are wrong. Trading is very hard. I only do it part time at night. If any of you want a full time job during the day fixing...
If you are trading a 1 min time frame, you are trading noise which is not useful. If you can't open a chart in a higher time frame and just see...
As noted in Brooks price action a barb wire formation is not tradable, just go trade later or another day. As for smoothing out price action,...
If price is trending along with the moving average, then it can help determine trade direction. If price is going above and below them, then...
There are no oil companies. It's Saudi Arabia and Russia, and they are not scared of Biden. If he wanted to bring prices down all he has to do...
Well oil is closed Friday night so that report holds no meaning to me. LOL. I don't trade during the day, I am a working slave. LOL.
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Of course I read the report which is why I went long. Did you understand the report? Oil is heading higher. For the most part I don't short it....
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