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  1. SimpleMeLike

    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    Yes, you are correct volpri, Everyday is a learning episode. But one thing I like to focus on more than anything is am I trading in consistent profitable manner and making good chart reads REGARDLESS if the trade is a loss or win. That is why I like to listen and watch Al Brooks videos alot...
  2. SimpleMeLike

    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    Thanks volpri, Yes, long trade as price reversed with strong buy pressure after failed breakout of overnight lows. green dot - entry - Buy stop order 1 tick above bull bar. purple dot - profit target orange dot - stop loss Lesson Learned: Pick the more conservative profit target at black...
  3. SimpleMeLike

    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    Hello Volpri, I hope you are feeling better and get well through out the day. :) Thanks for the immune system juices recipes. There is no rush on my question below. You can even respond on the weekend when you get some free time. In effort to get better at my trade setup, I woul like to...
  4. SimpleMeLike

    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    Thank you for the write up. I appreicate it. I am still reading through it, comprehending the and understanding the logic. So far I agree with everything.
  5. SimpleMeLike

    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    Thank you for the thourough write up. I understand it perfectly. My preferred method of entry for now (to keep things simple a bit) is wait for PB, in this case 2 bear bars, and enter with a Buy Stop order above the first bull bar. Stop loss goes 2 ticks below the lowest of the PB bars or...
  6. SimpleMeLike

    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    Hello Volpri, When you scalp, how do you know when to take the profit? I scalp the ES today for two trades for $100 each, but my stop loss (risk) was big and was hidden above entry signal bar. I been trading for CL for about 2 years strong now. I did start trading with ES when I first start...
  7. SimpleMeLike

    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    Hello Volpri, I have a question I would like to get your opinion on regarding PB and support and resistance. I believe I am letting the support and resistance some. Would you agree that all three green arrows are good pull back entries for long? After you answer, I will tell you why I...
  8. SimpleMeLike

    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    Good Morning volpri, Thanks for the detailed write up for me. I am at work now (I am not full time trader yet), and I can respond after work or shortly. I had some drawdown today, I just started scalping away and getting the quick profits. Thanks,
  9. SimpleMeLike

    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    Thanks volpri for the comments and mark up on the chart. Yes, you are right. There was a lower bear channel, I did not draw on my chart. I was wondering why price reversed after I went short near the red arrow today. I only trade 1 contract for now. lol, I am still working my account size up...
  10. SimpleMeLike

    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    Hello volpri, Thank you for the chart mark up. I always use the 24 hour chart because I am up at 7am central ready to trade. I agree with you on the reversal short at the second red dot. lol, I like to wait for a bit of confirmation on those trend reversal trades. but for this case price...
  11. SimpleMeLike

    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    Thanks for the post. I argee with your reasoning on the short. I short at red arrow with stop at orange arrow and profit target at purple arrow and wait. My profit target was not hit, so I take the loss here at stop out at orange arrow price. My target was the a few ticks above the low of...
  12. SimpleMeLike

    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    volpri, what are you thoughts on this? Bearish context. Strong bear bar closing below double bottom support and pivot S1. Technical entry market order at close of bar, red arrow, and stop loss at orange arrow.
  13. SimpleMeLike

    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    Thanks for responding and comments. I understand now. By scalp, you mean RR is aleast 1?
  14. SimpleMeLike

    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    Thank you, it pertains to the 24 hour (or overnight) chart. I like to use the 24 hour chart, even though I trade USA times.
  15. SimpleMeLike

    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    Thank you for sharing. A few questions: 1. Why did you go long in the red box I show? 2. Why did you not go short on any of the red arrows I drew below? For my setups I would have went short because of the bearish momentum and breakout of the support at either two red arrows. Do you...
  16. SimpleMeLike

    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    Pull back is first black bar, entry buy stop above it. Entry Buy stop with green arrow, stop loss red arrow. For this context scenario, I will trail the winner by 20 ticks, and then move stop up accordingly.
  17. SimpleMeLike

    I m looking for a mentor

    Yes, I agree with you. If one day I become a mentor. I rather just have my students just watch me trade everyday for about 6 months so they learn better. This way they can see my actually PnL to know I am not playing around just blowing smoke. And I just show them my year tax returns on Turbo...
  18. SimpleMeLike

    I m looking for a mentor

    Thank you padutrader. I will PM you. I do study Al Brooks video course. You are correct, Al is awesome with technical theory and logical decision making per a given context. He has nearly 100 ways to enter the market for a giving scenario. I agree, he does not discuss much on how to create a...
  19. SimpleMeLike

    Cruise ship bookings up as much as 40% for 2021.

    I am Long and Strong CCL at average cost of about $10.50 and will buy more if it go down or up and hold back to $50 range. Buy the fear, Ignore the bullshit and the pony and clown show.
  20. SimpleMeLike

    Hilarious headlines for April 13th 2020

    Long and Strong SP 500. The bottom already to been hit. Go long.
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