Recent content by next

We had a classic look and below and failed on the O/N low this morning that sparked a bullish opportunity. I was able to get a nice +10pt out of it. So far it is looking to be a bullish day if we can reclaim over 3300 with strength. Internals are also picking up.

Is there a different instrument of choice you would recommend?

1) Yes my time zone is pacific time. 2) I don't think there is a difference in instrument of choice and what is considered "big league". I'm not sure which instrument can be even considered beginner friendly with that thought. I believe the key here is risk, and I have kept it minimal by trading...

Going into tomorrow, this is my current observation. Price has broken its bull flag (yellow) as well as 50SMA. This to me is short-term bearish. Three scenarios that I am watching for: 1) Price bounce from the green rising trendline (relief rally). 2) Price consolidates in current range as...

I primarily trade price action and observe a few key areas for potential entries (e.g., O/N high/low, prior day high/low, gap, etc.).

Yes that is correct, I only trade during RTH sessions. Agreed on trades 2 to 4. I should be happy and be done after trade 1, but sometimes when I see set ups, I have to take it so long as it falls within my trading rules and guidelines.

Thank you for the comment. I will try to fix this on my next chart I post.

I started with futures because it allows me to bypass the PDT requirements. Secondly, there was a plethora of resources on trading futures that got me initiated, so I just stuck with it. Lastly, I am not a fan of equities as they are subject to larger swings and gaps from news (moreso than...

Here is today's trades and comments. I want to note that while the first trade for this journal seems to be a nice big winner, this isn't always the case :) Very lucky that this opportunity presented itself. Trade #1 - I like to see engulfing on second 15min bar of the day. Usually means...

Hi All - long time lurker here. Finally decided to start a journal to chronicle my trades and facilitate discussions with like-minded traders. I consider myself a beginner and recently began trading live with micro ES. Purpose is to learn while minimizing losses. I have spent many months...

hey guys i recently finished reading the logical trader and have been using some of the principles in it with my trading method. i was wondering where everyone is getting their A and C values from? Is it obtained through subscription?

Boring range. But looks like I finally got a fill on 1386 for an intraday swing trade