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One of my most powerful techniques. On a stacked level, wait for the more extreme to enter. I closed short on the lower, but it made a small bounce before continuing the move down. I expected a small reaction on the lower gray level before a continuation down... this is exactly what happened...

I agree, it didn't turn out to be the best trade. BIDU has been volatile lately and I use vol adjusted size.

then you qualify as machine learning

If you use triangle, H&S, etc then you are pattern day trader

The result. Many people know about the pattern that just happened, pretty common. Closed it off the upper gray level btw

I just bought BIDU on the lower gray line. Thought it might be relevant to thisn post. Let's see what happens

Purely anecdotally, this phenomenon most often occurs on 5 min timeframe for short term reversals on most stocks and commodities.

Woo! Scored another nice win. Exits are tough though, left money on the table; all trades will be ones of regret. Keeping this in ming makes it easier. Let's keep the roll going Performance chart should update within hours: https://collective2.com/details/134463089

Back at account highs, solid day. I'm not going to use the high trade rate scalp strategy because of executions anymore. I'll use just the pure strategy I've always been posting. Better r:r, better execution, better everything.

I closed it at 245. Could have done better but whatever.

Longed BA at 242.50, currently at 241. Should net a profit or breakeven (depending on the gap) by tomorrow, so today can be an entry if you're looking to long.

Yeah that's fine, I just need to change my approach. I may just have to bite the bullet and accept that it won't be great regardless.

Time to rant again. Red. Down 0.4%. Worst thing is, I should have been UP, and by a lot. Max profit on the FB trade was 0.65%. But it was showing messed up P&L which hadn't been the case before, and even then only after I refreshed the thing, which showed me the correct P&L, just for a moment...

Stupid thing showed me a large profit from the get-go. Later did turn into a decent profit but I held and it turned into a loss because the display was messed up; as you can see, the price from entry is impossible. Also missed another trade (CAT LoD long) because I was holding the FB short and...

Ending the week -0.3% from last week. Considering how many good trades I missed, it isn't that bad... https://collective2.com/details/134463089 chart still needs to update I think. As expected, oil ripped up today. I recognize this pattern, similar to the GE call... it produces a good move...

Also, I noticed that the AUM also went down 23% to 200k even though it was only 1.3% down today. I guess a lot of people leave because the cost of doing so is little, and it's a short term hopping thing. It doesn't really matter, especially at this point.

There are a decent amount of market profile users and related concepts. I suspect there has been information posted somewhere on the topic, just gotta hunt it down.

Is there a backtest to these 'if close above X' sort of things?

Whatever, closed. Made back some loss, not going to sweat it overnight. Will probably go up tomorrow

Made more losses. Why did this have to happen now...? The other trades from earlier in the week would have made me profitable overall on the week but I wasn't able to even take them. Could have done the take-profit or breakeven for no losses but I didn't because I didn't put in the limit order...