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  1. Wide Tailz

    What do the experts on Price Action trading say about this strategy ?

    It looks like it is based on a custom oscillator of some sort, but the entry on a dying triangle looks sound. Good R/R, but if enough muppets start using it the price will move enough to trigger the buy signal then whip back down violently to get the stops. Most patterns fail this way...
  2. Wide Tailz

    Why the initial move in opposite direction after news release?

    The market jukes you like a boxer to make sure no muppets get onboard the move before it gets going. I'm speaking from experience. :D
  3. Wide Tailz

    ES Journal - 2021/2022

    OK, I have to throw this out there. Your symbol looks like a lady pulling on her pantyhoze, or a swiss army knife. Whatever it is, you could probably tell a lot about someone by what they see.
  4. Wide Tailz

    Catching Trends

    Bounce in effect, but no obvious on-ramp just yet.
  5. Wide Tailz

    The Wall of Shame

    If you obey the message of the 50 weekly sma, your drawdown is usually erased at the expense of your pride. Your anger, on the other hand, must be managed by you alone. Trading is not for intemperate fools (I'm not directing this at you, more toward myself because I know how much of a muppet I...
  6. Wide Tailz

    Buy High Sell Higher (Equities)

    It's not a bull market. :(
  7. Wide Tailz

    ES Journal - 2021/2022

    Weekly bounced as expected and daily approaching its own bounce zone in the opposite direction. Imagine how furious all those capitulators from today will be if it explodes back up again, for MAXIMUM PAIN!
  8. Wide Tailz

    Are we going to shit?

    Stop making so much money Ken. You're going to ruin it for the rest of us if you keep flaunting it so much.
  9. Wide Tailz

    Catching Trends

    This deserves a debrief. First exit was pretty good, in anticipation of the antics during the Powell pony show. The re-entry point would have worked as planned but I didn't put a limit buy to get it. Would have been worth a few bills at least. Looking for a short term bounce on the lower...
  10. Wide Tailz

    Catching Trends

    Sold SQQQ for 155.50 profit. Cutting my winners feels so good! Will be looking to re-enter, if possible, on the first bounce on the pivot. Total profit for November: 216.50 Total profit since inception: 920.56
  11. Wide Tailz

    Buy High Sell Higher (Equities)

    This is one of the essentials of swing trading. Very few fish are strong enough to swim up river. It will jump out at you when you graph your equity curve with the main index.
  12. Wide Tailz

    Anyone else seeing the uptrend in the Naz on the monthly chart?

    If the chart of your account is in an up trend, you are "doing it right". :D
  13. Wide Tailz

    Buy High Sell Higher (Equities)

    You actually show your cardz. Many of your stox are not the type I would trade, since I have scars from years chasing stocks with a small price high movement profile. I always notice them after the move is over. But if you were minting a dozen benjamins every day, I'd be moving the price a...
  14. Wide Tailz

    Buy High Sell Higher (Equities)

    This is epic. I could literally shadow all your trades for free.
  15. Wide Tailz

    Catching Trends

    Pattern resolved, back in $1.37 higher, long 100 SQQQ in anticipation of the break of this flag. Yesterday's action was classic C wave destruction, and the entry that lured me in was the little B wave before it. These are notorious fakes, but you won't know it in advance, or at least I can't...
  16. Wide Tailz

    Catching Trends

    Sold 100 SQQQ after the gap fill while I wait this one out. Still moving up after I got out, of course! :D Total profit for November: $61.00 Total profit since inception: $765.06 *edit- for the record, nasty horrible gap down and panic fill, dd almost to my risk stop, pattern failed, abort!
  17. Wide Tailz

    Who to listen to at ET?

    To the OP: find a failed trader who is a consistent loser and do the opposite of them when they are getting the most emotional and confident. Usually the best moment to act is after they get real loud, then quiet, like when a fight breaks out and someone gets smacked. One or two of them may...
  18. Wide Tailz

    What timeframe do you use the most ?

    %% Not a prediction:D:D
  19. Wide Tailz

    Catching Trends

    Waited all morning for the flag to appear. Five wave up on the hourly, five three down on the 1 minute. It's all I need to see. Kicking it off with 100 SQQQ.
  20. Wide Tailz

    What timeframe do you use the most ?

    I like to start at the weekly and then zoom in. The absolute worst timeframe is 1min! :D
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