We have a triangle at the top of an uptrend, price broke the support line of the triangle and failed to find follow up after nailing some stops....
I understand, and yes I left details out but gave the most important building blocks that most traders never find, not even in a lifetime....
Here's a working strategy, hopefully you got what it takes to execute it. Study technical analysis, typical patterns, support, resistance, the...
Everytime price comes back to retest resistance, at the precise moment it's doing so, it looks like a double top, most of the time the resistance...
ES Bearish Position Trade 1188 6 cars yet to be filled 1219 stop on 3 contracts 1231 stop on 3 contracts Target 1 1106 1 contract Target...
Ive posted real time trades in Elite Trader and I agree 100% with his approach. ESD
The beauty or burden of technical analysis. Some see up, some see down, some see sideways. Pardon my friends but all I see is a bull birth...
A chart can tell you many things that are valuable without even touching the question of where we going. Characteristics of the instrument,...
Must the return come on a monthly basis or annually is ok ? It's possible to achieve those results when volatility is high if you give time...
I must be out of place then as I got losing trades all the time and live a modest lifestyle. ESD
You are describing two very distinct entry techniques. Let's call the average in technique, A, and the no scaling approach, B. In A you are...
what would you prefer: short SMH long SPY or short SPY long SMH assume equal sizing ESD
Ammo, Thank you for your posts, charts, and commentary, even with your ADD I read them :) Sharing some experience... Best place to short...
Bullish unless rather pesimistic economic data is released. Trends rarely reverse without new opposing fundamental data. ESD
No Heat, Thank you for those insights very interesting logic, always a pleasure to read distinct styles of trading. I suppose you consider...
Many times channels become oversold or overbought, when this happens these little "fakes" become heads, and the old channel becomes the path of...
Kind of, I screwed it by not reaction to yesterday's price action. He got in at 41.50 when the intraday slanted inverse head and shoulder...
POSITION TRADE LONG 29.25 6 cars yet to be filled. STOP somewhere below 999 TARGETS 1078 (2), 1089 (2), 1134 (1), runner (1). STOP...
From a trading perspective, no matter how hot the setup looks, if the market decides to head lower, no one is going to survive pulling back....
When a stock is "In Play", as it's called around the wires, the stock is possibly exhibiting unusual higher volume this increases the trend effect...
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