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well I didn't get a chart posted. will try to post some chart from next weeks trading.. maybe if i have time. Have a good weekend.

Today was a SPBL trend. I only had time for 5 trades today. But I will post a chart later explaining them and the SL's etc. Right now have to make a run to town.

My decision to exit is based on how I read the momentum of price the moment at the level that price is at, at the moment. That includes resistance and support levels and how price acts when gets there. I have no set amount, dollar or point amount. The minimum scalp is one point. If I don’t...

Yes. Probably 8 times out of 10 I start small. Occasionally, I am all in at one wack. Starting small allows me to be able to capitalize on averaging down opportunities while controlling my risk.

Where is that crash some many pundits were rolling off their tongues?

OK you still taking berberine?

Just remember 1m charts require faster decision making. And a big bull bar or large bear bar on a 5 min chart is a trend on a 1m chart and can have PBS on 1m or no PBs, and is also likely a PB on a 15 mi chart or 30m chart.

I pretty old myself! Sometimes I will do odd things to highlight what a wrong action can do. Take that second trade today. It was a BO but not an extremely good BO. I had more than one chance to exit with a 1 point scalp but I got greedy and held for more. It went against me and I had to average...

I keep a wide hard stop in place for whatever, as some things are unknowable and cannot be factored in to a premise for taking a position. My Sls are PA stoplosses. Many times the initial SL is upside down in terms of R:R. But when the trade is over often times that reward to risk is erased out...

I must have been crazy that day! I don't remember that. That is certainly an abnormality to the way I trade. Are you sure I wasn't doing that to teach a lesson how such behavior is destructive? Sometimes I do such things that when teaching. If I did that then take a red marker and write on...

If I have time later will discuss trading 1m bars vs 5m bars.

I did take one more trade. Entered long on BO bar 11:25 BO of what? BO of previous bar BO of EMA BO of previous 16 bars BO of top of channel. Got greedy instead of exiting for a 1 point scalp on the same bar I held and had to double up averaging down on bar 11:40 MY SL is now long ways away...

See all those failed BO attempts? Those are jingle jingle cash register money. The problem traders get greedy and want more. Just grab those profits! The market is handing them to you freely! When wrong...I get right...and double up! On the failed bear BO attempts the only one I would have...

The market doesn't know when a trader is averaging down (your broker might) but the general market doesn't know. Your broker..your trade.. isn't going to move the market with your tiny trade unless you are trading 100 contracts or more. The market cares nothing about you or I. It is mostly big...

And here is what happened after my trade. It went right back into the channel. The BO failed. That is what I was betting on. Market is still in BO mode. Whish way we don't know yet. See the failed BO? See the failed BO attempt at the bottom of the channel as price traded down after my trade...

Here is a snippet of a trade in ES I took a few minutes ago. You should be able to see it good. I fired up the computer around 9:35 saw that there was back and forth. Channeling down slightly but in BO mode (yellow line is top channel line). I jumped in short near top of the channel as you can...

You are welcome.

It is a day session chart not a 24 hour chart. The 3:10 is not a.m. but close of previous day session so 3:10 p.m. so that bar is the last 5 minutes of the previous day session. The 8:30 a.m. bar is the open of the next day session. That gap up that I labeled leg#1 is what happened in the...

And a lot of practice as one must hone their techniques. I wouldn't sell at bar 9:35 because at that point we had.... what? 1)gap opening 2) bears failed to reverse and trends strongly up. 3) At bar 9:35 it is just a PB and profit taking at that point. We don't yet know if it is going into a...

I trade both trends and ranges. By the time I fired up the computer we were well into a developing range. In addition, even after a GAP open one should wait to see if the opposite side succeeds in making that fail and closes the gap. Then look at taking a position depending on what happens to...