How do you Avoid Chop without missing the break (intraday)?

Discussion in 'Trading' started by zghorner, Nov 11, 2023.

  1. SunTrader

    SunTrader

    I know what you did. So the check marks made it drop huh? :confused:

    And not even reach the prior swing low yet.
     
    #111     Nov 13, 2023
  2. MarkBrown

    MarkBrown

    no one wants to work any longer for anything. that's the main reason traders fail...
     
    #112     Nov 13, 2023
    SimpleMeLike and schizo like this.
  3. schizo

    schizo

    Very true. And this will be the last time I'll be giving my time during trading hours to explain anything in detail. For sure.
     
    #113     Nov 13, 2023
  4. SunTrader

    SunTrader

    What was that about thin-skin again?
     
    #114     Nov 13, 2023
  5. padutrader

    padutrader

    there should be a trend line break and then a trade entry. if there are two trend line breaks then the trade signal after the second break is a second entry..

    the set up has to be good meaning if the down trend is strong then you have a trend line break then the first down bar is a good bear bar closing at or close to the low -meaning a strong one bar trend- then you can sell below that bar.

    a trend bar closing at its high or low is a signal bar in it's own right.

    is a second entry bar has a doji and it is the second entry then it does not make sense to sell below a doji bar which is no trend bar.

    it appears you have no knowledge in the basic PA fundamentals.
     
    #115     Nov 13, 2023
    ironchef likes this.
  6. padutrader

    padutrader

    i have made that mistake many times and missed a trade
     
    #116     Nov 13, 2023
  7. ironchef

    ironchef

    True. :banghead:

    I just look at the shape and mentally curve fit.
     
    #117     Nov 13, 2023
  8. padutrader

    padutrader

    this is interesting

    Brooks has very loose definition of range... some bars he calls ranging PA when there is no sign of a range
     
    #118     Nov 13, 2023
  9. padutrader

    padutrader

    #119     Nov 13, 2023
  10. padutrader

    padutrader

    if the first entry has a good signal bar it does not make sense not to take it.
     
    #120     Nov 13, 2023