Search results

I think you need to determine if a system stopped working or if you just have draw down. Also, even if the system stopped working, it could again start working next year or maybe make some small changes without over optimization.

The above was the weekly trading report using new strategy. As we can see my overall win% has increased. Just need to not over trade or revenge trade. Long trades had a little better win% than short trades since overall both ES and CL trended up this week both intraday and longer term. The...

This is the report on trading for the week, we will look at main levels again soon and post them.

Currently CL is moving sideways to down. We need more PA to determine if this is a trend or not. Reports to look at are Monday for OPEC compliance and Wed for oil well count in USA.

ES R 2504 1st S 2494.50 2nd S 2492.25 CL R 50.70 S 50.30

The main difference is B1S2 uses real money and if Surf ever did he would have blown out his account at least 3 or more times based on his trade calls.

In hindsight looking at the chart, it's so easy to see how I should have traded for the day. LOL. The goal is to do this in real time in the future.

Sold 1 contract at 2495.75 and stopped out 2497.25. Now I know I did not put this trade into the journal in real time. However, I bet since this is a loss, you all believe me. Price only went 1 tick higher than my stop, so we will see by the close if my stop was too conservative. However, it...

We are looking for a little weakness next week as N Korea plans to test its hydrogen bomb over the USA and create a massive EMP while Trump launches stealth nuclear bombers to take Kim out. Look to short weakness.

Let's talk about a TA concept called a failed break out. You have sideways movement and price breaks out to the upside. Then the rally fails and price comes back down to previous support and can even break it to the downside. So how can we know when a break should be faded or if it is real...

We have closed the trade at 2449 for now and will look at oil and other reports in the morning. Also we closed the oil trade too for a good profit.

Short 2451.50 Stop above 2454. Target 2432.50. Also, short oil CL right now.

ES down in after hours due to N Korea missile miss over Japan. I am doing long only trades right now and hitting targets.

It depends if can afford say $ 900 for a new Iphone and want to pay that for an asset like a car that becomes used once you activate it.

This is a little off topic, but I was able to get my cell phones better service and save 50% of the cost paying to a normal carrier. When you 1st join say Sprint or Verizon, you want to get a good Android or Iphone and get a 2 year contract so that you don't have to pay full price for your...

Long 2386. Target 2396. Stop 2375.

I call sideways action bard wire like Dr Brooks. What I mean by a range on a higher time frame is that you have a sideways channel 80 to 150 tick apart where price can trend up to the top of the range in trend channel and then back down to bottom.

Obviously, we can also trade a trend within a range. The hard part is of course determining if we are in a trend, range, or random prices. When you are able to determine what price action is doing based on technical analysis, then you can develop a system to trade it and then you can add more...

Trend (for example an uptrend) is based on a HH followed by a HL followed by a HH in the time frame that you are trading. These symbols can be generated by your charting software instead of hand drawing by using an indicator. The benefit of using these symbols and not drawing a trend channel...