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@vst Overnight aka as Fedex appears to be generally an unbeliever in anything that is possible, good, or profitable. He appears to be anti-scalping also. I wouldn't pay too much attention to his rantings. I remember you from years back. Your were scalping inside the bars. That is, your scalps...

I am taking a break from this journal but I do believe @kaizer has made some valid points here. I do want to share some thoughts to Kaizer about this algotrading. He might be able to make it work since his focus is pretty precise and singular. I have just never see anyone able to program PA...

I am going to take some time off from this journal. I am not sure how much time or when I will be back but there are enough concepts therein that can be practiced on a SIM for many months. I hope many become very successful SIM traders. Good and happy trading! There is a reason for hoping. Wear...

There is nothing wrong with focusing on one phase of the market cycle and learning to use techniques and setups for that particular phase. The only downside is less tools in the tool box. That means less trades. For example, in your case focusing solely on tight channels will by definition...

I have no plans for a course. I am not interested in selling anything. I just hope the journal helps traders grow their SIM accounts. Happy trading!

Thank you for taking the time to read my journal. I do hope it helps to provoke deeper thinking. I understand much of what I talk about is unorthodox but sometimes breaking the “mold” (mould in British english Lol) in our worldview and beliefs is good for us as humans. Also thanks for enduring...

You might wish to go to daytradinginsight dot com that IMO is a decent introductory course. I have no financial affiliation or financial renumeration with or from them. I just think their course is a good introduction to Brooks trading methodologies and it is cheap enough. I personally believe...

Scat just slap the correlations out there for all to see and test. It shouldn’t damage your edge, I wouldn’t think. LOL

Must I remind you that ALL the trades and techniques in this journal are only for entertainment and to provoke thinking. They are not trading advice. Only trade on a SIM. You can lose all your money and more trading futures. Do not construe ANY trades in this journal as being real although some...

Bye Saks hello Brazilian Steakhouse or Argentinian Steakhouse. Whichever...whatever.. Warning: Do not trade this way. I refer you to my post @1252. It can be distressing. And one may soon be making tracks back to the dollar store. LOL

Scalping doesn't have to be extracting nickels and dimes from the market. The process is the same whether trading 2 contracts or 10 or 20 or 30. There is no benefit in showing size other than to just impress upon minds that the process is the same and decent $$$$ can be made causing that SIM...

Like I have said before money can be made on most anyone of the 81 5 min bars of the RTH’s session. Going short at the bottom of a bear channel is for martingaling. Otherwise, going long is fine too but in bear channels shorting in top 1/3 is higher probability than going long in the top 1/3...

Not everyone is the same but I really like scalping AND scalping doesn’t have to be nickel and dimes. I don’t show size here because what is the use and how is that gonna help or be an encouragement to small traders here on ET? They would just think they don’t even have enough in their SIM...

I have drawn ideas and concepts from many traders …educators over the years. So many have helped me along the way to formulate a methodology for scalping. And I invented a few things myself..LOL The most influential in my trading is Al Brooks. So if I had to start over I would focus on what he...

The outbreak is at the church here in the USA. I live back and forth between countries. Most in the church have been vaccinated with pfizer or moderna. The unvaccinated are looked upon as ignorant. So far none of the unvaccinated, have covid that I know of, but I suppose if they to were to get...

Well it is Sunday and a covid outbreak among the vaccinated at church so I will not be going anywhere to church but will stay home and work on my water well, which is not yet up and running. I have to install the new pump today. I am slow as molasses as I am a bit old. What should be a few hours...

Here is another PA perspective. Same chart, same TF. There is spike BO (7:30 bar) that morphs into a bull channel channel. The identifying factor that the spike is becoming a bull channel is the first PB (red explanation explains this). It is at this precise point I look to start drawing the...

So, I begin shorting on bar 10:15 which is also the dashed red line to the left to compare it with the 50% PB area. There is a GOOD chance the FIRST PB attempt from the BO (the BO move actually started at the top of bar 9:50 and consisted of 5 bears bars down through the range into a successful...

@NoahA I will try to explain. I certainly could have waited for five bars, to be sure before trading. I think maybe some clarification is necessary concerning the concepts of a BO attempt and a successful BO. A BO attempt is any attempt for price to BO of the range. It doesn’t have to actually...