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Haven't learned much beyond that yet. I only heard about it on a youtube video a few days ago. They also included a strategy where you get a breach of IB high followed by retest and hold of IB high, then treat that as support and go long. I still really struggle with entries near the open, so...

That's really helpful, thanks! I'm writing all this down ASAP as new rules for my new trading plan.

Anybody here use initial balance as a main part of their trading? I was just introduced to this IB+VWAP trade idea where you fade the first attempt to break out of IB after 10:30 and then wait to see if it pulls back to VWAP and holds or not. That one seems pretty straightforward. I'm...

Thanks!

This is one of the weirder threads I've ever seen on here and that obviously is saying something.

Good advice, thank you! You'd be looking for break of the trend line PLUS a confirmation candle?

Quick entry and exit on FB, small loss. RSI looked as oversold as I've ever seen. Crosses over trendline. Did I ignore the need for a trigger candle again, and if so, are there any options besides bullish engulfing candles I should be waiting for in that situation? Think I keep confusing...

1m is too noisy of course, 5m a little slow for the moving avg crossover I like to use, I'll give 3m a try, never looked at it before.

I hear you on that, but I have found it pretty reliable in knowing when a short is safe. X number of minutes over 70 or over 80, that bad boy is coming back down.

Forgive me, I know this is extra basic, but thanks for the reminder that entry is a 2-step process, setup and trigger. Think it's because this is all still too fast for me, so I end up too focused on one or the other. Ignoring the trigger candle is prolly why I got faked out on these two...

Yeah NVDA trade, I realized I screwed up, and was just glad to get out even, see it's retesting that same 220 level now when I was expecting bearish morning lol, my head is still spinning in general, I'm always one beat off.

Could you maybe explain?

No, just two recent trades where I seemed to make the same mistake: false bottom jobs. Btw, are you Bigalow yourself or just a fan? I've been watching his T-line videos, interesting.

Yeah, in both cases, I seem to have found false support, bought, had to ride out an uncomfortable dip. NVDA I so goofed up I was just glad to get out even 20 mins later. Helpful tip on watching the prior day's close. Besides the sector weakness, anything specifically technical I'm missing...

Is it allowed to do personal trading diaries in this section? I'm trying out a mix of day and swing trading, and I'd love to get roasted on my mistakes with technical analysis. I still struggle to read candles in real time and to pinpoint valid support and resistance levels. Here's two trades...

I'm in the same boat. I got interested in stocks 2 years ago, been slowly learning since. My gf humors me when I think out loud about it, but I'd kill for someone to geek out on stocks with more regularly.

I've been wanting to learn more about VSA myself too. I started Coulling's book awhile back and wasn't that impressed. Have you already tried "The Trader's Book of Volume" by Mark Leibovit? If not, definitely check that one out, it's excellent, and if you find any other good ones, I'd love to...

I lurk on a couple FB stock groups, and some of these guys are really "memey." I tried pointing out to a dude that TSLA's P/E ratio was a teensy bit high. He didn't know what I was referring to. Is everyone in for a fundamentals wakeup call by May or is it just me?

VST, thanks for the offer. I'll def take you up on a quick free consult. I'm still just trading equities but interested in all of it, and so just to see how you think through a situation would be incredibly eye-opening I'm sure. One thing we're exactly on the same page with: trading only a...

Hey VST, some of this is over my head, but it's interesting that it's trying to gauge when futures are over or under valuing. Another newbie question: is there kind of a minimum futures being up or down for it to be meaningful. Today it was deemed "neutral," NQ was up like 30, which I know is...