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ROFLMAO we see you scratched with settings out with white doodle. Your secret is safe!

I am not shorting the low of the big bar. Look at my second entry On the short trade (my first annotation of his chart). I am shorting 1 tick lower than the previous bar. And my stop is one or two ticks above the high of the high of the previous bar. Not sure where you got that I am shorting the...

Secrets?? ROFLMAO I suppose there may be a few secrets but I would’t worry about spilling the beans! Really! How many are going to believe my explanations as a valid way to trade. Maybe ONE person at most 3 in the ENTIRE ET forum. Probably “0” on this particular thread. At any rate, if...

The Long: Wedge tight channel down..then sideways (yellow lines) then BO of the range. Market cycle is range..BO (can be spike) ..then channel (..tight channel...broad channel), then range...then bo..etc. So we get a wedge in a tight channel down then sideays (range) then a B0 so waiting to...

That is another take on it but where is your explanation of why?

Not sure the points as I must have chopped off the price scale when i annotated his chart but my stop would not have been the extreme high as I think you are suggesting?? 1) My stop would have been 1 or 2 ticks above the high of the PB (green line). 2) I don’t scale into just any losing...

This is my opinion. Take it or leave it. You are trying to trade a reversal BEFORE it gives any indication of a potential reversal. For reversals, in a case like this one, you need to see some strong enough selling pressure followed by a test of the bull extreme. That test may end up being a...

Nothing

ROFLMAO...doesn’t exist..big dream...ROFLMAO

The purpose of any trade has absolutely zero to do with the markets. It knows nothing of yours or anyone elses purposes..premises..proposals..hopes..dreams ..ambitions. It is only irrelevant to you only because it doesn’t fit your comoslogical or worldview of the markets. But that does not make...

When does it not become noise?

Most of my friends are all old. I am too. Dad has been saying stuff like this since the 70’s. Dad is 85 and still has his garden.

That is basically what my Dad says. I thought it was american arrogance. I guess I was wrong.

Sounds good to me. Happy trading.

Ok but your noise is a myth but if you label it as noise and can freaking trade it with success then freaking do so. Good luck. PS your worthless methodolgy point is worthless as a box of matches in a fire. Lol

Lol

Depends if it is successful. Most fail.

ROFLMAO First there is no such thing as noise. Every tick happens for a reason. Noise is a myth. Second institutions aren’t generally sitting around looking at 1m, 5m, 15m, 30m charts. They have orders to fill and they go about doing it. Nevertheless, the buying selling pressures they create...

Are you sure you are a nighthawk and not a buzzard? Your pricing is too high! ROFLMAO. A reversal is a reversal it doesn’t matter which market or time frame. Most reversal attempts fail.

To answer your question directly as to what I look at when making a reversal decision. While your reversal on your chart would not be a reversal for me as I mentioned in a previous post it would be a point at which I would go long if i had not already taken a long position. That was explained in...