Hello They, Thank you for input I waited for High of day to be reached. When price approaches a support or resistance, I always go to the one minute chart to see rather to hold or exit. I exited because of the hammer at black line High of day area. That is good point regarding sell stops above high of day. I reckon those bears had to exit causing this big move.
MarkBrown, Yes volpri has helped me alllll the time. He is discretionary price action trader as well. We trade similar, but he is better a reading chart than I am and he handles trade management well.
Thank you very much volpri, Lol, You already know, I have to spend a hour or so digesting your response. I will respond after work tonight.
I pretty much view price action as a succession of stop running on micro and macro time frames. At what level are stops that will cause the market to go there? Once there, what are the quantity of stops being hit (intraday/multiday)? Does big money find value at that level enough to initiate trades in the opposite direction causing a reversal and propelling the market back through another series of stops using them as exits/payments for the risk they took on.
You are not correct. Ross Cameron at Warrior Trading has a live trading room, has documented his entire run from $583 to 1+ million, showing brokerage statements. He still briefs all the trades he takes every day on his YouTube Channel if you're not a chatroom member (I'm not, never will be). But like I've said before, he makes many millions per year from his trading education biz so the trading is more like advertising as far as its significance to his total income. What's more incredulous to me though is that you're 62, have 30+ years of self-professed market experience, and yet someone had to explain to you this week what range bars were. Sheesh.
sure as hell not here to read your waste of space question, why can't you just make 1 post? Why do you have to clutter the screen with a waterfall of posts, it's extremely annoying.
thank you i did say Fuller was the only one that i know of i am happy that there are good people in this industry