Search results

>2.0, only short today is a bit different...start from 2.0 and <2.0 I do have a rule. but i see some days price are trading in a range after a gap up/down when trin is more than 1.5.. If price is in a large range like today, i think it's ok to trade both side.... as you can see my entry...

I think Al 's method is great for beginners too. So we learn PA first rather than exlporing too many indicators. I kind of regretted that I started his method too late. But there is just one thing about his method-it only fits certain type of personality. If it's not a right fit, it won't work...

I sometime look at some stocks intra-days. I think stock tends to breakout. but emini just offers lots of pullbacks. I think I want to stick with YM for a little while. IMO, it's not how difficult the instrument it is to trade. Patterns are patterns. chart is chart. liquidity is liquidity...

would love to know too...

couldnt find in my broker platform. were those single stock future? thank you

Today is the day that nothing seems working for me. It is the first I felt a bit emotional. Discouraged, disappointed and beat. 6:45 short, 10966. Breakout pullback setup on Day session chart. Globex session it was a leg 2 pullback on EMA. And it was also a short on resistance level. But...

Hi, PO! Yeh, the major move of the day often happened on the first hour...sometimes later days we get trend resumption or reversal but it's not that easy to catch them for beginners-at least for me, sometimes it's just happen so fast. If one day I can "magically" catch them successfully in my...

Thank you!, Still a lot to study and work on. Definitely have gained more experience to look and analyze the market. But as far as trading CP, not there yet at all...

will try a trailing stop next time definitely!

Break even day. 7:40 took 2 long. First long didn’t have too much follow through. I exit quickly. Second long was a re-enter. Stopped out by a failed breakout. 8:06. Flipped to a short on a failed Breakout. 1) it was a 4th push up. 2) failed continue to go long, large reversal bar, 3)...

lol Sorry for the confusion. and thank you for pointing out my problem. Yes, it might sound confusing. I have been reading a lot of Al brooks lately! A lot! And it might take a little while to really clearly understand and apply it. But for right now, PA will be the focus. I have...

Market created a climatic run up to close yesterday. This morning market then created another spiky down from open until 7:30. I guess whoever bought the spiky up were selling from the open this morning. Besides, we were at a resistance level and failed to break. I didn’t enter short on the...

Not sure when I can really learn to hold a position longer. Learn to ride the major swing intraday. I don’t like to jump in and out trading my brain out any more…Seems like a long way to go to achieve the goal-confidently hold a swing for hours. My first trade was a long. Price came down...

I like a day like today-trending range day(mostly trending), most of the day is somewhat “predictable”. Unlike those nasty range days. I can never recognize whether it is going to be the tight range bound day before it’s too late. Where the range high/low is, When price is going to...

That 10,000 hours rule was from book "outlier". I now think I might need longer that... Cocky, i am not. And I really don't want to blowup my account... I am thinking of swing QQQQ or SPY, only becasue I could risk less to start. But then there is GAP... I am trying to intra-day swing...

Sorry for the delay. Been very busy these days. Tomorrow I will be back trading full time with 100% focus. I only traded the afternoon session. Only took one trade after the FMOC meeting. 11:43 Long, buy at H2, support level, breakout pullback. Set my target to test high of YTD. I moved...

Didn’t take any quality trade today. All stop out. Not too much to report here. 6:56. Long at pullback, D/B with YTD close. No follow through on the next candle(bearish). I exit at a -8Pts loss. But price moved up to test YTD’s high… 7:21 long at higher low pullback. Stopped out...

Hi, PO. Great work on reducing the # of trades. IMHO, I think trading one set up is easy, but how to trade it is not just that "simple" and black/white. There are more to it. For example, the easiest example. in a bull day, you saw a D/T pattern after a major trend line break, price made...

Thank you everyone again, for being so supportive! I definitely learned more last week even though it's in SIM. I felt like I need some more time in SIM in the next few weeks or months probably. Being trading in SIM for the past week made me realize I still have a lot of work and study to do...

That's I call a real "trader". (I am just a wannabe now)Someone know what they are doing. Someone know their business.And that's what a stats should be. And on top of trader's heads. So , no emotions will be invloved while trading. No hestitation, nervous and uncertainties before enter and...