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really trying to get a handle on when to use dynamic s/r. what trades did you take yesterday and this morning?

not ideal?

ideal?

Took a trade at 14:00 after adjusting the days R line up because it had been broken about 2 hrs earlier. Got 5.25 pnts and exited. Could have made more but it hit the target of a 1:2. Looked like a good move. Took 1 tick of heat. I believe I got lucky on the last trade in the prior post...

Also saw price slow at 13:31 and entered at 836.50 2 min later. Not sure if it was a good trade, but did show some profit and got out because price didnt move in my direction very quickly. Wondering if it was a good trade. It was 2.25 pnts away from R line so it was marginal. Note : It...

I took the trade at 11:28. Saw price slow and it wasnt able to break R line. Is this the best kind of price movement to trade in? Price was consolidating for a while and wasnt very volatile.

Anyone take any trades this morning?

ahhh vegas. being engaged and in vegas really tests your "discipline". that place is wild. 3 days was all I could handle. no clue what 7 days would have done. i would have been broke and without a girlfriend. welcome back and i'm sure your pm box is probably overloaded

Anyone know when ESR is getting back?

Here is another example of what I thought looked like a good setup. I didnt take the trade because the S line at 850 had been broken prior in the same screen, but if I took it, it would have yielded a nice return. Hopefully when ESR gets back from LV he can confirm this setup and the last one...

Possible lightbulb that I need ESR to confirm. I went back through the thread and pulled up some of trades ESR noted as great setups. Here is what I found. 1. Price approaches S/R line outside of BB as a long solid candle but does not cross. Can be within 2 points of line. 2. The...

What trades did everyone take today based on ESR's method?

I believe he made the levels prior to 890 becoming a level. It became a good one late this morning. Just a guess

Made some money on this trade. Here is what I saw. Price was seemed to be slowing after a couple of big moves. I lined the order just above the prior resistance as you can see across the screen to the left. It jumped out of the BB and I was within 2 points of the 848.5 line just in case it...

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I got too excited and entered early to be stopped out. I guess thats where the experts end up taking the cash from the guys like me. hah It came back up and approached again, but I left it alone. You entered just after I got stopped there correct? This looks like one of those setups...

Great. That makes sense. One light bulb at a time.

Great thanks. I thought it might have been the momentum

Is the following a fair observation that coincides with your setups. Example When in a down trend, wait for a level to get blown away, wait for it to retrace to that S/R level and then place a sell order so you are going with the trend? This is assuming their is a BB and $tick extreme...

Looking to see what was done wrong on this trade. Saw the price extreme and the $tick extreme. Set the order at a strong level of 897. Did I read something wrong?