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  1. oraclewizard77

    Creating a backup usb install for Windows 10 upgrade

    Here is a test video I created using OBS studio. It shows how easy it is to use this free program to record your screen and post it to your you tube channel. I did not do any editing which I will do in future to create trading videos.
  2. oraclewizard77

    Does trendline work?

    Well I am in a losing counter trend trade, but hopefully, it will turn around by the morning. As always a stop is your friend that prevents you from losing all of your money on 1 trade. LOL.
  3. oraclewizard77

    What do you think are the best Predictors of Rapid Movement?

    Yes, it works best in lower time frames like 5 min.
  4. oraclewizard77

    What do you think are the best Predictors of Rapid Movement?

    PA is a holy grail of predicting rapid movement. For example, an engulfing candle in the opposite direction of trend after a waterfall event. Silver pin candles can also indicator trend change but don't predict rapid movement unless the tail is long and unbreakable.
  5. oraclewizard77

    Simple sell rules to protect against disaster in financial markets

    This is what happens when you don't use stops.
  6. oraclewizard77

    Wide or Tight Stop Losses for Breakout Trading

    My breakout system used wide stops and wide targets. 65% win ratio. # 1 of all tracked systems.
  7. oraclewizard77

    If You Trade Using Moving Averages, How?

    For scalping the MA's are not really needed. You can watch price action and use a stop where price proves you wrong. For example, I went long ES, I was looking for around 2 points. If I had a 2 point stop I would have gotten stopped out since it went 2 points against me right away. Then it...
  8. oraclewizard77

    ES Journal - 2021/2022

    Most people are wrong. Trading is very hard. I only do it part time at night. If any of you want a full time job during the day fixing computers, we are hiring new field techs around the world. Just pm me with your experience and make sure you let them know I referred you. Let me know if you...
  9. oraclewizard77

    who are we playing against as retail traders?

    If you are trading a 1 min time frame, you are trading noise which is not useful. If you can't open a chart in a higher time frame and just see the setups, you should not be trading. Also, while no one per say is trading against you, weak stops are hunted. Your stop should be wide and where...
  10. oraclewizard77

    Let's talk about eliminating noise in the charts

    As noted in Brooks price action a barb wire formation is not tradable, just go trade later or another day. As for smoothing out price action, there is an indicator that does that in that candles will respect the the line which is not straight which is created on the chart by that indicator, no...
  11. oraclewizard77

    If You Trade Using Moving Averages, How?

    If price is trending along with the moving average, then it can help determine trade direction. If price is going above and below them, then ignore them and trade the ranges.
  12. oraclewizard77

    Charts For No Reason

    There are no oil companies. It's Saudi Arabia and Russia, and they are not scared of Biden. If he wanted to bring prices down all he has to do is open the pipeline from Canada and stop ass kissing the Arabs. They respect strength not ass kissing.
  13. oraclewizard77

    Charts For No Reason

    Well oil is closed Friday night so that report holds no meaning to me. LOL. I don't trade during the day, I am a working slave. LOL.
  14. oraclewizard77

    Charts For No Reason

    Metrics
  15. oraclewizard77

    Charts For No Reason

    Performance
  16. oraclewizard77

    Charts For No Reason

    Of course I read the report which is why I went long. Did you understand the report? Oil is heading higher. For the most part I don't short it.
  17. oraclewizard77

    Charts For No Reason

    Thoughts on CL: 1) I never trade Tuesday since Wed reports come out. 2) Yes, we have a downtrend but I did not see really bad news on CL. 3) If I am wrong on CL by being long at least gas prices might go down to make up for the loss. 4) I originally was going for 15 ticks but lost my balls and...
  18. oraclewizard77

    Charts For No Reason

  19. oraclewizard77

    Creating a backup usb install for Windows 10 upgrade

    Had a folder on my hard drive that did not let me delete sub folders. I downloaded a program called take ownership and that fixed it.
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