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The following charts are from live trading wed 9-25-2019 trading MES I ended day with 560.00 profit before commissions are deducted. This day was what is called Small Pullback Bull Trend. These type of trends are some of the strongest. However, they don’t appear to be, by a cursory glance, at...

In this thread I hope to give traders some ideas and concepts I use trading the instruments mentioned in the thread title. As much as possible I would like to keep on topic. Questions are welcome. I really don't want to get into sparring around and wish to avoid doing so, if possible. As much as...

I probably could but it would take me some time to adapt and practice.

The simplistic answer is I wouldn’t be averaging down in this type of PA. And if I did start and saw I was wrong I am exiting and going the other way. By that first 2 legged push down after your first entry I would have identified the likely direction as down and therefore would have exited your...

I understand what you are saying. It is always easier in hindsight and of course I have the benefit of hindsight in this case with your chart. Averaging down will not always work in ones favor however I try to pick the context to employ the method where it will MOST likely succeed. I think...

Overnight the type of chart doesn’t matter. The process is the same. This chart is not the best type of PA for averaging down. It is a chart for scaling in. This is what I call a SMALL PULLBACK BEAR TREND. It is a tight channel down. All the PB’s or reversal attempts are minor. I would be...

I took some trades today in MES using another approach. I could post the charts in sequence as I took the trades and give some explanations but it is about 5 or 6 charts and I am hesitant about posting in SSTHEO’s thread as this thread is about his trading some micros with other strategies and...

ROFL

What the hell is that? Sounds like a sexual skeleton!

Amahrix Please e wheeze let me back in. I promise to behave. I did a great job pushing this thread from 50 to 73 pages. Doesn’t that count for anything? Guess not. I guess it was just bad luck that I got blocked. Did I induct the blocking or was it a black swan event? Anyways, just remember...

Uh oh Narcissist Grandiose sense of self-importance. ... Lives in a fantasy world that supports their delusions of grandeur. ... Needs constant praise and admiration. ... Sense of entitlement. ... Exploits others without guilt or shame. ... Frequently demeans, intimidates, bullies, or...

PS I circled back to the thread like a buzzard. Leaving again. Bye

Yea market with pressures that can be read....like an auction. Give me 40...ok...who will give me 45...50...50...can I get 55...55 55 going twice...going 3 times sold to mr amahrix in the red coat..

Not sure what you mean. That trade was profit and it was 8 contracts averaged into 2 at a time. Exited all 8 around 25 minutes where the green triangle is. At that point profit was 205.50 before deducting comm. no trades were done before this 8 contract position or they would show on the chart...

I am talking about the specific PB against that big bear bar. The PB where all the red triangles are. Each red triangle was a 2 contract short averaging down for a total of 8 contract position and all exit about 25 minutes later on the green triangle. When I said I am loading up on any pb I...

All I can tell you is you need to pick when to average in. Not every trade is conducive. If you will post a chart marking your entries I will see about taking a look at it to see the “why” it didn’t work. If you like. I actually took some more trades and ended up the day with more than 205.50...

Read my post #361 above. I thought it was quite clear. I started shorting at first red triangle 2 contracts the added two at next red triangle...then two more...then two more for a total of 8 contracts. My exit was about 25 minutes later at that green triangle, exited all 8 contracts, in the...

I did...I did on the other thread.

Sorry Overnight. He just keeps posting this chart or charts like wanting someone to explain. No one steps up to the plate to meet the challenge. So, I did but he don’t like my explanation so I guess I’ll fly away like an old buzzard.........into the sunset...

Well it takes one to know one. Good luck! I don’t need it. See ya later.