Ups and downs trading

Discussion in 'Journals' started by Alfing, Jul 9, 2018.

  1. Alfing

    Alfing

    #111     Jul 18, 2018
    _eug_ likes this.
  2. padutrader

    padutrader

    sorry may have mis read the market action.
    please take my calls on ES with a pinch of salt because i do not know it well enough just trying to get some feed back from other traders who know ES better than me
     
    #112     Jul 18, 2018
  3. padutrader

    padutrader

    #113     Jul 18, 2018
    Alfing likes this.
  4. padutrader

    padutrader

    #114     Jul 18, 2018
  5. Alfing

    Alfing

    No problem! I do not expect anyone to be a ginny. It would be helpful to understand the reasoning behind people's thinking.
     
    #115     Jul 18, 2018
  6. Alfing

    Alfing

    Can you say more? For a novice, they are a great crutch.
     
    #116     Jul 18, 2018
  7. padutrader

    padutrader

    i think they are good once trade is in profit but not in trading for 2-4 points.
    and you cannot reduce risk so much that is safe to trade;you are getting money only to take risk the market will not allow it and will almost always trigger it.
    there are some thing s you have to understand and not easy to explain
     
    #117     Jul 18, 2018
    Alfing likes this.
  8. Alfing

    Alfing

    I have been busy learning about Volume Price Action and Volume at Price. See a result below.

    Happy Trading!

    24 - Chart - ES 09-18.png
     
    #118     Jul 24, 2018
  9. padutrader

    padutrader

    i think the analysing bigger market structure is very relevant and VPA should be used on a smaller level to enter trades :using vpa, in isolation, is only good for scalping,although there is nothing wrong with a large number of good trades.
    i too have been using vpa and have found that it gives fantastic entries which always reaches their RR target but if you want reallly large RR like 10 :1 then market structure and vpa is the way to go
     
    #119     Jul 24, 2018
    Alfing likes this.
  10. padutrader

    padutrader

    i think you went long at 2824.5 and NOT 2724.5 as mentioned on chart
     
    #120     Jul 24, 2018
    Alfing likes this.