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I've been trading the same method for nearly 4 years now and the edge hasn't gone anywhere. Price action trading is dynamic and the behavior of price around levels of "value" tells me what to do. If the volatility is low, fewer trades reach my minimum target; if the volatility is high, more...

I'd stick with my initial decision and go play poker :cool:

:p I've been demonstrating via hard right edge illustrations how day trading can be worth it once you learn to trade the clean edges. :cool:

"Let your winners run" is the conventional trading wisdom. But when a trade exceeds your minimum profit target level, how do you know how far to let it run? My 5-min chart gives me plenty of back story to know that if the initial LTL breakout low breaks on the second visit (who knows, it may...

The symmetrical triangle pattern breakout is based on price breaking one of two converging trend lines. I use those little symmetrical triangles on the 1-min chart to assist me with precision entries because I have a fairly small max risk per trade. But my main trading chart, the one that...

My post indicated that by the time you posted your 88.00 "call" price had already touched upper channel resistance, overshot it by 2 ticks when 88.01 traded and in the several minutes that passed between this price print and your post, price had already traded .11 lower. I was relieved to see...

XXXOOO Oh and a little extra something 4u: Minus QQQ 87.14

Am I the only one whose brain completely locked up while reading this?

You can place the people on ignore who tell you crap you already know. Or you can be altruistic and tell us (in general terms) how you trade using TA. Your method clearly works or you wouldn't be all in a tizzy over other traders teaching other aspiring traders methods that clearly don't work.

Better yet, the demand is for proof that the students (still learning the particular method in sim accounts) are killing it :eek:

Yes, but several minutes before he posted the hi was 88.01, so he had the wherewithal to announce an entry inside the hi instead of outside it like an old ET-er used to do :p

CL had turned to chop prior to the stock market open and I noticed one of those triangle pattern setups had formed in the NQ. Pattern = symmetrical triangle Context = downtrend Then both the shallow and deep lower trend lines broke, signaling trend continuation. Signal = With-trend breakout...

No worries...I was smiling when I posted and it wasn't specifically directed at you, it was for the collective You :)

If the apparent triangle turns into something else before a breakout signal occurs, then of course it's not a triangle and the pattern is then void. The term for putting on a trade without a valid signal first is called "jumping the gun". In a sporting competition, false starts result in...

And people wonder why ET is addicting! "There are too many losses that are never shown in the hindsight charts." How do you hide losses on static charts at the end of the day? I posted triangle setups for Mon and Tues. Can someone please point out the hidden losers on my charts?

You're fairly new here, so you're probably not aware that I kept a journal here where I posted my daily trades including reasons for the trades and often annotated charts as well. My journal is accessible from the Hall of Fame list. I also posted my daily P/L blotters for at least a couple...

I take breaks throughout the day and enjoy the repartee :cool:

If DB posted at least 5 years of audited broker statements demonstrating that he's made a six-figure profit every year, would you try to master the method he's been giving away all this time? Would the broker statements prove that the method he's giving away is the method responsible for his...

mfbreakout used to post here. He posted entries and exits at prices that had not even traded. I do not believe he can trade at the hard right edge. He is, however, a master of hindsight trading. :D

And controlling virgins :p:p