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    ES Journal Archive (2011)

    Hey B1S1, You got some balls telling people not to scale into their trades particularly with high volatility but most surprising with the Mount Everest size stops you use. There are many ways to skin this cat, there is no one right way as long as the trader is skilled. You could argue...
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    Careful with the media and the amateur calls

    Hard to pin point without the required PA but below 1175 give or take an offset of 30 points that's your low for 2011 based on my analysis. Crazy A
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    Careful with the media and the amateur calls

    The Monthly 20 SMA in SPX dictates the overall trend of the market. As long as the "godly" line is not resistance, it is premature to get bearish, in fact, it's even uptrending. The name of the game is buy low sell high not buy high and crap your pants when it pulls back. Least probable...
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    ES Journal Archive (2011)

    Long 22 stop 7 target 1400+ Crazy A
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    A simple price action approach

    After neglecting sex for charts you kind of start noticing things :D Crazy A
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    A simple price action approach

    Trendlines can be accurately predicted before they actually become trendlines making the 2nd pivot the most reliable pivot of them all. To some it will sound like an impossible task to others food for thought. Crazy A
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    A simple price action approach

    It's interesting reading these posts, you can see the newbie colors all flashing in neon lights from miles away, yet they claim knowledge while displaying so much ignorance to price action. Newsflash! You don't just fade trendlines you examine the action happening around such tests so you...
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    A simple price action approach

    You are right, I will cease trading this subjective method that only works in hindsight. Back to our regular MACD program.... Crazy A
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    Trendfollowers: When oh when are we going to start making some $$$?

    There are profitable trend trading, counter trend trading and reversion to the mean strategies. Many ways to skin the cat, be open minded. Crazy A
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    ES Journal Archive (2011)

    Long 96, Add 80, Stop 66, 1st Target 1400 ------Stop will be slightly adjusted as I see fit after meaningful reaction Crazy A
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    Simple Reversion Tendency Indicator?

    Areas where price has a high degree of probability of reversing. Crazy A
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    Simple Reversion Tendency Indicator?

    Exhaustive volume with s/r confluence. Crazy A
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    A simple price action approach

    Channels should not be readjusted for two very important reasons. #1 You want to see the breakout failures #2 After these failures, occur, now "heads" you want to see the shoulders. Shoulders holding represent continuation, shoulders breaking represent potential reversal. Little vague...
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    A message to those that constantly complain

    Takes time and scars. No complaints. Crazy A
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    ES Journal Archive (2011)

    I like the long but waiting for the SPX gap to fill before pulling the trigger, we have already begun just not finished yet. Crazy A
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    A simple price action approach

    You draw the trendlines or reverse trendlines or channel trendlines or whatever you want to call them to find confluence by looking for convergence. This gives you a "potential" key area, I say potential because nothing in trading is a certainty. Once you have determined key areas...
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    A simple price action approach

    Up, down or sideways is the correct answer, never use a bias as it's imperative that you are capable of reversing directions when the unexpected occurs. You don't predict, you react on confluential key areas that are supposed to hold, then you read the PA and determine if they held, broke or...
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    A simple price action approach

    EUR/USD Crazy A
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    A simple price action approach

    This is my area of expertise so allow me to lay an easter egg to those willing to do the extra work as the OP is on the right track. It is worth your time identifying and extending the channels inside inverse and head shoulder channels in addition to what you suggested; especially if the...
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    Technical Analysis = CRAP

    No offense but this is what you are claiming. Roughly 10% per month, equivalent to 120% per year. You giving your lack of experience away, but I don't blame you, we all start by developing these crazy theories; what sucks is that people actually come here and post this nonsense, and the...
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