OP, not sure what platform you're on but Strategy Builder on NinjaTrader works great. I don't code but use excel & powerbi in the dayjob...was...
Yea, Brooks. He's definitely hard to follow at first and I understand why people get frustrated, but being a newer trader (about 2 years now) I...
The percentages he gives are rough ideas of likelihood for his trader's equation. Has price been in a tight range for more than an hour...50-55%...
Don't worry, the trade came to me in the morning and stayed all day.
I use two types of measured moves; the height of a pattern/range/spike doubled, and a 2-legged move (ABC). What I mean by close to far is...
I measure moves like Brooks and go close to far, watching the reaction at each. I also take my scalps off at a 1:1 for various reasons (I say...
Can you? sure. Should you? Fuck if I know, but if it's a trend day I'm going to scalp out part at the first measure and swing the rest until it...
Opening spike (RTH) starting from the open to around 10:20a. Edit- I'm referring to MES
There's a measured move at 3900
Agreed, DDF is great. Tested it after reading through an old pivot thread on this site (Lefty's) and use it every day in my trading now.
Maybe you should re-read the thread and try to be less rude. I never wrote that, GotherL did. I would say that it is very beneficial to a...
Well we're in a daytrading thread where people are talking about daily behavior...in my opinion, intraday timeframe doesn't matter in defining...
Hunting stops or taking profits? If you were forced to only take limit entries going in one direction and size into a position where would you...
Looks like you already have your answer.
Brooks but it's a real slog and many think he's full of it. I've found his reasons for price movement very helpful even if it isn't accurate. If...
CNBC is there to generate ad revenue for the parent company.
I prefer to look for any good rational reason to enter with the current trend and chase strong breakouts/fade weak ones. My definitions are loose...
Based on the visual you posted, that would've been a late entry. Context matters because you can't trade everything as a successful...
Context and probabilities matter more than just a pattern by itself. If you always wait for that many bars to develop before placing trades you're...
It's a trading range on a smaller timeframe where there was a failed BO attempt. If there isn't follow-thru and you get an inside bar after it you...
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