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Yes and many are happy to spend the day engaging in bullshit social media threads.

No one is going to learn to trade on one of these threads but watch who controls the close of a bar, see if a controlled close gets follow through. Is it coming off support or headed into resistance or vice versa. Use an MA, does it have slope or is it meandering around. Price is always telling...

IF the highs and lows of a range were exact, trading would be pretty easy. Sometimes a pattern simply rhymes rather than meets an exact definition. The question you ask yourself is...is it a trending market or is it a ranging market. Of course given a wide enough range with clean range legs, it...

The range was established by the double bottom at 10:55 EST and the double top at 12:20. Ranges eventually breakout but as most range BO's fail, where lies the edge? Don't concern yourself about what I do, concern yourself about what you do. Identifying range behavior relatively early is not...

Today is a trading range on the ES...fade the edges.

One qualifier is someone actually capable, skilled and enjoying the challenge of pulling profit out of a dynamic process.....certainly disqualifies most.

One enjoys trading and one doesn't.

Strategies are a dime a dozen. In the hands of a knowledgeable, experienced, disciplined and skilled trader any number of strategies can be profitable each month, each week and most days. In the hands of someone without the qualities mentioned...not so much. There are no shortcuts. There is...

Yes, that would be distasteful...silicone tsunami.

The good news is, if she falls she can bounce right back up.

I started using them a couple of years ago after reading Trading the Measured Move by David Halsey. I made adjustments from what he does but don't we all.

Yep, as long as the institutions like them, I like them.

Meanwhile today, retrace zone trade with extension targets

There are a number of takeaways from the book but in my first read the thing that really struck me was the completed acceptance of risk and aggressiveness when the trade appears. His confidence in his skills may have ultimately turned into arrogance and feelings of invincibility which doomed...

Until you are able to answer that question yourself, neither.

Most will fail regardless of material to which they are exposed. Dismissing quality content is typically not a harbinger for success.

Ask any successful trader for a list of important reads and it's almost always on it.

:( Subscribed to IBD for years....RIP

Yep, there are a lot more competent technicians than profitable traders. Behavior is where the rubber hits the road.

Loosely defined, a wedge can be any third thrust in a move and markets like to move in three's. A well shaped wedge as in the channel line above the highs are of a lesser slope than that of the lows is more suggestive of an impending reversal than trend continuation. As far as trading ranges, I...