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  1. L

    Christmas In March For Price TA Trader Wannabes

    Had to log out to see what that was all about as Mickey Mouse have me on ignore. Mickey Mouse typically bashes TA/PA and prefers his own failing algorithms instead, but now he's going out of his way to defend a thread on classical TA? You're right. This thread is funny. I don't see anyone in...
  2. L

    Christmas In March For Price TA Trader Wannabes

    So, we traded below 3974 (the number you pointed out) and the market snapped back up from that level. In other words - chasing a breakout would be a net loss here and the right trade would have been to buy the low of the range or as you would say "Buy support". But according to your playbook we...
  3. L

    Christmas In March For Price TA Trader Wannabes

    I'd love it if you could find the time to post a trade on that when it happens. To be clear. I'm not arguing against technical analysis (which I use myself), but I'm suggesting there's a bit more nuance to it than what you're providing here. But the basic principles I agree with. Thank you.
  4. L

    Christmas In March For Price TA Trader Wannabes

    Okay. I'm not at my trading station at the moment, but in principle I agree with everything you're saying. Now, where you have to agree with me is that what you're saying here is certainly not KISS. If you bought 3984 and got out at 4000 - you'd need a 10 point stop for a reward of 16...
  5. L

    Christmas In March For Price TA Trader Wannabes

    If your method works across ALL times frames and on stock index futures and it's KISS (simple) - what's the trade on ES after yesterday's close moving forward? Long, flat (no signal at the moment) or short? Surely this should be easy to answer and in no way a distraction for your trading as it...
  6. L

    ES Journal - 2023/2024

    Powell talking down the market today?
  7. L

    My attempt to earn a funded account with Earn2Trade

    Long time, no see. Any updates on your trading and personal situation?
  8. L

    Complacency in trading.

    For sure. They do add up over the years, though. My latest accounts have been liquidated around breakeven, though, as I promised myself to never let an account dip below my initial stake. This latter one I liquidated for around a $2K loss, so nothing dramatic. I'm far more disciplined these...
  9. L

    Complacency in trading.

    Yes. I have a mundane engineering job which only pays modestly, so I'm not able to fund larger accounts. And that may even be a good thing. :)
  10. L

    Are you good at price action and technical analysis?

    Define price action, please. But yes, I, personally, would need more than a naked chart taken out of context like the ones you had in your quiz. I trade index futures, though. Not stocks.
  11. L

    Are you good at price action and technical analysis?

    I took a look at your quiz. Is this your idea of technical analysis and price action? If so, it's no wonder you don't believe it works.
  12. L

    Complacency in trading.

    Some really good stuff here on the last few pages. Thanks, guys and gals.
  13. L

    ES Journal - 2023/2024

    That's a strawman argument, buddy, as I never said otherwise. Disagree. I've seen so many news releases that should have mattered over the last ten years that have been non-events because of the zero rate environment we've been in. It's been a good news is good news and bad news is good news...
  14. L

    Christmas In March For Price TA Trader Wannabes

    Could you? I thought posts on ET were time-stamped. I wouldn't say you've shared a method. Respectfully, you've shared some principles which could be useful and really isn't anything new (classical TA), but I don't think there's anything here that could help a newbie or intermediate trader...
  15. L

    Christmas In March For Price TA Trader Wannabes

    If you're a scalper in and out in seconds, sure, but if your method gives you precise signals it's very quick to type out for example: "L 4025. ST 4015." You are annotating a chart after the fact, so actually, it is in hind sight. As always, charts are crystal clear after the fact. At the...
  16. L

    Christmas In March For Price TA Trader Wannabes

    Generally, technical analysis is not about why, but how. I never asked you about why, but how. When ES was at 4025 (the time of my post), you could make a decision. Long, flat (don't enter any trades) or short. If it's really Christmas in March for your method you should easily be able to give...
  17. L

    Christmas In March For Price TA Trader Wannabes

    So, that's what happened yesterday. What's the trade on the table right now at the right hard edge of the chart? ES 4025. Long, short or flat here? PS: I'm not bashing TA. I use TA myself, although not necessarily chart analysis. I just dislike vague hindsight charts suggesting it was all...
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    ES Journal - 2023/2024

    Predictably, you deflected my questions. You should rather take a deep look in the mirror and ask yourself why you feel the need to be condescending and lecturing towards others. To be clear, I have zero issues with people getting it wrong, but I have a big issue with people being...
  19. L

    ES Journal - 2023/2024

    I don't know about his trading skills, but he certainly understands that the FED pulled their d*ck out and how that have fundamentally changed the market conditions. Many people still don't get that and are still in denial considering every new low a bottom and every new high a breakout -...
  20. L

    ES Journal - 2023/2024

    Can you give an accurate real time demonstration next time or show us your trading statements for yesterday where you read and traded the tape in advance of the news? Monday morning quarterbacking and a condescending lecturing of others gets really annoying when your own calls are usually off...
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