Hello IF, PA works on any kind of chart. Range bars are also called momentum bars. The speed with which the bars print give you a good feel...
Sorry, wrong chart.
Sorry, forgot to upload the chart.
HI IF, You tried to trade the 1st one and lost money. What was your entry technique? What was your profit target? I put 2 white arrows...
Who said trading wasn't hard work? If you are looking for easy money, you are barking up the wrong tree. Bill
Hi IF, Let me add my 2¢. Your entry and exit techniques leave much to be desired. Trendlines per se are not part of price action. PA...
Volume is useful in combination with prices but the patterns are not repeated exactly because the MM try to disguise their activity and simplistic...
Hi IF, Your view of volume is too simplistic. If it were that simple, everybody would be rich. The most valuable use of volume is in...
It seems to me your view of noise is really Maximum Adverse Excursion. I suggested in a previous thread that analyze your MAE. If the market...
What is your definition of noise? What Mike is suggesting is not a trading method but a training exercise. You are trying to get 1 tick of...
Hi IF, Before I answer your questions let me make a few comments. Nobody KNOWS what the market will do next, but with experience you can know...
Hi IF, Attached for convenience is one of your posted charts. I am using this chart for illustration because it is similar to a previous...
In a previous post, I already mentioned Lance Beggs essay (I think the title is something like Top Down Trading) and website. He trades between...
Hi IF, I understand what appeals to you about trading mechanical systems. They are simple, you don't have to think, just follow the rules. It...
I don't know what set of rules you used for your backtesting but if you are not following all of jjrvat's rules and guidelines, you are not...
Hi IF, You are not following jjrvat's rules/guidelines. This is a scalping thread. Here are 2 quotes from page 1: "scalping (= meaning an...
Let's say your unit is 1 contract so you are using 3 contracts for each trade. A 4-6 tick stop will generate a 12-18 tick loss. The purpose of...
If you let your greed get the best of you, you will keep widening your stops so as not to miss any moves. The above strategy is a very low risk...
That's correct. That's why trade selection, a smallish 1st target, and the ability to read price action is critical to the method's success....
I like the following Trade Management strategy. It is not suitable for everybody but depends on taking trades at S/R (either breakouts or...
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