You would think risk management, but in ET, you never know if that is ever a priority :)
Trading is a lousy profession, after more than a decade as a full time trader, I would have rather become a professional in some other field, a...
Trend change is a major process, takes time, especially on a daily chart. Considering this is the first time the SP has dropped below the 50 MA...
Accumulate WIN
For many buying in a super parabolic uptrend is harder than walking on water, therefore, they opt to counter trend it, most of the time,...
Not sure what timeframe you are talking about but gold is acting strong during the afterhours, I'm presently long and looking for a test of 62-67...
One of the dangers of public forums dealing with delicate subjects. Anonymous posing as experts posting very dangerous fallacies.
Not saying I disagree with your read but for what is worth..... Anything can happen, prepare for all probable scenarios that fit your trading...
There are many options to be consistently profitable in trading, many techniques, styles and approaches that do make money, but there is only one...
Ya, thing is our approach differ tremendously. I take it a day at a time, I also ignore all news, except their time of release to expect...
What if we do get to 1350s but Monday is not the day for it? Wait to see how we open in relation to technicals on Monday, what if dip buyers...
Price opened around the support channel area, morning volatility took it outside the uptrend channel but it quickly snapped back up, signalling a...
Not sure what your style is but from a daytrader's perspective the trend is not that important. You could gap up in an uptrend and immediately...
Uptrend channel, consolidated via 3 subsequent dojis at the channel support line and today finally broke out of the consolidation validating the...
Yes he does, and in dire need.
As far as TA. There is no substitute for studying market structure and price action over the years. This is why there is no book out there...
Time of the news, yes, as warning of potential rise in volatility for price pinning and/or tech damage, actual news information, don't care.
Technical analysis can be tricky, many times it has a perfect short setup while simultaneously providing a perfect long setup. On first look it...
I see a Dow Cash magnet upstairs, more upside to come, probably next week, but certainly in April. See file attached
I don't exactly recall, but the number is somewhere between 60k-100k. No reason to go cash until you are consistent in the simulator, brutal...
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