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What is dragon pattern? I just played the db.

:D :D

A. It that your standard trendline break entry, to wait for 1 tick past the first bar that closes above (below) it? Same for s/r breaks?

Busy most of day, but took 1 trade as a head and shoulder sell toward end of day and had a small loss. Looking over the day I see several formations that morphed into others. Could have been played in a very choppy and unprofitable manner with those 2 head and shoulder fake breakouts. Did I...

Triangle breakout of high.

I am only going to make one post ever, regarding Jack Hershey. Mental illness expresses itself in many ways. Like a mud puddle, recognize it for what it is, and avoid it. There will always be mudpuddles.

A. quote "By having a solid foundation of how price action works you can then apply this to the most reliable patterns and take them to the next level." If I understand your above comment, the way this would play out is that when a common pattern forms, you wait for the last swing high...

A. Is this the correct interpretation of the early day triangle on the nq? And how would or did you play the triple top?

That change of margin message I got seems to have gone away. Makes me nervous to get any kind of flashing message that says "MARGIN", kind of the feeling I get when there is no more beer in the frig. 1 quick trade today +1 nq. Using real money now.

A little off topic, but did anyone else who uses IB for data get a change of margin requirements message today around closing?

FWIW. NQ looks to be forming a big triangle on the day.:eek:

A. Looks like on your chart today, you let the tripple bar lows function as a double bottom. Do I read that right?

Thanks Piscuy, Looks like different approaches to trading based on price action result in many of the same trades, given similar timeframes. What do you base your exits on?

Well A. went live today. 2 trades, basically even. Missed the easy stuff on nq this morning.

Never looked at NQ before, sure was clean this morning. I see margin is less than ES, but not clear on value. What is value of change from 2001.00 to 2002.00?

I've had to do a rethink of stops lately. As a beginner years ago, I would sometimes increase my stop in an attempt to let the market have time to see the wisdom of my entry. Got over that. Then reached a stage of letting stop sit till trade went right or hit it. Now, tend to exit trade...

ok trade?

I'm always early........just ask my wife.

Techdoodly, How did you delete your post? I have not deleted one before?

Whoops! Thought it was before midnight. Damn beer... Where is that delete button......?