Recent content by Dante

Day Two: Trades: 13 / Wins: 6 / Losses: 7 Profit Factor: 2.6 Narrative: Lower swings last night, retracing about 40% of yesterday's range. Buyers break the overnight supply line and two previous swing highs with aggression. Price retests the swing highs from above and breaks a...

Day One: Trades: 16 / Wins: 5 / Losses: 11 ProfitFactor: .56 Narrative: Buyers were very aggressive overnight. The first triggered trade was before the open: a short well off the highs and without another attempt at the high. Three bars before entry was a wide range bar that made a...

This is written from the long side. Reverse everything for shorts. Definition: a swing low is a bar with a low below both the low of the prior bar and the low of the subsequent bar. 1) Enter on a stop 4 ticks above the first retracement after the break of a supply line. A retracement...

I built my first intraday trading plan last year. It backtested well, forward tested well on simulation, and then hit my loss limit after about 30 days of live trading. I've tracked it since then and the equity has continued to trend down. So it's time to design a new plan. I built the old...