Search results

I categorize each trading day by type and profitability (Green/Red). For each log I tag everything I see in price action (opening, setups, behavior throughout the day, etc...anything I want to track) with screengrabs of the chart including trades taken & economic reports released. Both winning...

I’m of the opinion that the exact placement of a trendline (best fit, wick or close) is less important than paying attention to what price is doing relative to trend/channel lines no matter how they’re drawn. Trend lines are great for general context. No matter how the trend line is drawn in...

MES Price broke out of prior consolidation and formed a bull spike & channel with four pushes up. It then tested the other side of the channel but didn't find support. Now we're starting to form a trading range. Price likes to test the middle of ranges so I think we test down to around 4425ish...

In time you’ll find that’s not true. Or maybe you won’t. Best of luck

Are you trading to be right, or trading to make money?

My two cents, it depends on what kind of trader you are/want to be; what can you comfortably/enjoyably handle emotionally... I prefer scale in/all out at my target unless PA says to get out before it hits. If context and PA are good, and I didn't just get out at a swing target then I'll get...

There are news crews using Starlink in the field as a backup...trading should work fine.

Maybe you’re just looking at things the wrong way.

How can someone rightfully criticize or ridicule something unknown? The same handful of price structures in the first half of the session repeat over and over and over in the products he mentioned plus the ES. He didn't share what he's doing but the claim he made doesn't seem outlandish. Makes...

OP, don't worry about the correct term. People are going to argue semantics with you either way. Gap, open gap, FVG, ICTFVG...potato potahtoe. A plebian answer is you can use gaps to gauge conviction in a move. Since you're talking about intraday, pull up a chart of a strong trend day; you're...

I think if you're interested in writing you should write the book. Unprofitable traders everywhere are looking for a trading god to turn to, the next carrot, that last 'secret' idea to propel them into profitability. As long as it doesn't require hard work/studying, some people will buy it.

Get the home staged and make your listing agent bring in an actual photographer (photographer comes out of her fee).

From what I've seen, price likes to test important areas during RTH even if it already hit ETH.

It's a trading range day until it isn't. Buy low, Sell high, Scalp.

Another way to think about those profit targets (trader's equation) is with assigning context. Let's just assume one is scalping; if it's a range day and you're expecting a second leg on a strong move but the 1:1 on a stop entry falls far from the extreme of the first leg it might not be the...

No, that’s already possible and has been for a long time. Ever play chess against a computer? You’re not big enough for someone to target, but markets function on rational decision making and certain behavior will elicit certain responses. It’s why frameworks are more important than systems...

Ever get served ads online that were something you recently thought about, but never spoke of or searched for? That's an algorithm taking your digital footprint and others that were in proximity to your mobile device(s) to forecast future purchase behavior/interests/etc. It's already possible...

I like to scale in as price goes against me, and scale in when price moves in my direction. Context, time of day and price action dictate when I do one over the other; averaging down/up in ranging behavior, pressing in strong trending behavior. If you're going to do that you should have an...

Painfully simple & Brooks don't really go together. In my opinion, if you're going to study Brooks it would be beneficial to be all in and learn/accept his reasoning for why things happen the way they happen regardless of what you may or may not know. It doesn't matter if it's factually correct...

If you recognize retail can't significantly move markets and most of the time they're range bound until a strong trending move occasionally occurs...why not assume most of the action will be choppy until proven otherwise? Price moves to liquidity. Do what big money does. Strong moves get...