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  1. stockpredictor

    can price action predict market moves

    It is true that swing and position trading are generally considered superior for retail traders in trending environments. Overnight risk could just as well be called overnight reward. That said, one of the cases for shorter timeframe trading is that all swings begin as scalp trades. If that can...
  2. stockpredictor

    can price action predict market moves

    Analogous to a game character, I put all my stats into one skill. I readily admit that I have little knowledge in other areas of trading. A one trick pony if you will...but what a trick it is! You won't see it but let it be a standing challenge for all who claim it nonsense- they may try and...
  3. stockpredictor

    can price action predict market moves

    I didn't say it was algorithm, I said it was a system. But like I already demonstrated, you do not know how to read; or rather, the component of comprehension is scarce. I also showed months of profitable trades but I assume you don't know what an account statement is or else you would not talk...
  4. stockpredictor

    I am suspicious of this rally

    Buy puts
  5. stockpredictor

    I am suspicious of this rally

    Market breadth indicator?
  6. stockpredictor

    can price action predict market moves

    And as expected, a gap above the TSLA level produced a retest the next day.
  7. stockpredictor

    can price action predict market moves

    Stacked levels, simultaneous hits of levels on correlated vehicles; those two methods are strong.
  8. stockpredictor

    Prediction Based Trading

    Up 1% in 2 days. Bit frustrating as I missed the precise entries on JNJ and TWTR; system caught the TWTR high but it moved quick so I was half a percent off where I wanted it, so I closed it for small gain quick. There was a decent chance it would move down a lot, as historically we can see this...
  9. stockpredictor

    HELP I am short ESand getting Margin calls

    I hope this is a bad attempt at April Fools joke
  10. stockpredictor

    can price action predict market moves

    I see. I'll have to build up the account and work with a computer guy to get to that point.
  11. stockpredictor

    can price action predict market moves

    Cheers. But, the signals were the only ones profitable; when I tried to high volume scalp on C2, the executions weren't what I expected and ended up in losses; should have been up 2X% on the month at least. How would one go about proving the signal without spilling the sauce?
  12. stockpredictor

    can price action predict market moves

    Here is one proof, but not huge sample size https://www.elitetrader.com/et/threads/prediction-based-trading.351176/page-42 Here is the other proof. All entries and exits called in real time and timestamped with no edits...
  13. stockpredictor

    can price action predict market moves

    1. Perhaps 6-7 times per week, roughly 2. More than 80% of the time. The times I do not enter, it is usually because I already had entered on a different, yet correlated signal (eg I'm short AMD so I won't take a short SPY signal). Other times I just miss the trade. 3. What timeframe do you...
  14. stockpredictor

    can price action predict market moves

    I can make a list of price levels as to where to buy and where to sell. They will be valid for months to come. They will work. And then you will claim random walk. Let me say that for the AMD trade, the price already reversed very close to my level before going back. Under your theory, the move...
  15. stockpredictor

    can price action predict market moves

    You're still not understanding what I'm doing: Russell high caught the crash
  16. stockpredictor

    can price action predict market moves

    Prediction: https://www.elitetrader.com/et/threads/prediction-based-trading.351176/#post-5223535 Result. To be able to predict intraday movements in advance is not really that hard
  17. stockpredictor

    can price action predict market moves

    You assume they are random. However, IF the trades follow something even as bad as 60% profit, 20% b/e, 20% loss, and the win moves are statistically significant, then this is not a problem. Keep in mind, many trades are actually on the extreme, and thus a scale out approach in the cases when...
  18. stockpredictor

    can price action predict market moves

    Under the right situations, but pretty much yes.
  19. stockpredictor

    can price action predict market moves

    1. Local Max/Min. 2. Historical Each trade is different. For a long time, I had been struggling to determine adequate subsequent return. I use 'statistically significant move', that is, if the level is indeed more than just randomness, it should generate a move that is greater than average with...
  20. stockpredictor

    can price action predict market moves

    I don't normally do this, but I'll bite here on a trade I made this morning. First circle is the long signal based on a pattern, Event A. Expected movement did not occur, held into drawdown. Because A did not occur then, probability of B increased. What is B? The subsequent 2 circles. When A...
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