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ROFLMAO

Or institution just has orders to fill so they just fill them. Not necessarily have a difference of opinion.

:rolleyes: Hissy fit? We ain’t seen one yet. The Fed doesn’t elect the president..ROFLMAO. Just wait for the hissy fit (From dems) when Mr T wins by a landslide. He will win electoral by landslide. He will win popular too but it may not be by landslide. Not only will there be many hissy fits...

LOL

No. I been around way before mr brooks books and courses came out. I do like his way of trading PA.

Bingo if it wasn’t he could just shift a few $$ over to some struggling ET traders or give it all to charity. Of course it is about the money. Take the money factor out and would he continue day after day? Doubtful!

Basically yes. Once you see your actual risk and can measure it in points or whatever, then you extrapolate that upwards (in this particular trade) from your blue dot entry. So that would be your new PT (Based on dynamic PA) right around your red dot area and right at the top of a bull channel...

On averaging down the reason I do it because I trade on principles correlated with dynamic PA. For instance, there is an established range and prior to that TR there was a bear trend. I am viewing that range as a sort of bear flag with a likely continuation of the bear trend. I see it as a pause...

I usually shoot for a 2:1 or 3:1 reward to risk initially, but that is only in my initial setup when I am taking the trade. That is I consider initially taking a scalp IF I think it will likely give me 2:1 or 3:1. Once I get in the trade I look at actual risk (how much it actually went against...

as it turned out it was both a long and short opportunity, which happens often. the long scalp was one it traded back up into the range towards the middle and exiting at your orange dot. So it was a good long scalp. the short opportunity happened after the subsequent successful BO south out of...

Simplemelike if yu draw it as a bull channel or if you draw it as a Trading range (and it was both) you entered long in the middle of either. I am assuming you were thinking 2nd entry on a H2 (Or H1 depending on how count it )from a PB In a bull channel. However the odds would have been more in...

ROFLMAO ...HILARIOUS

Since when has either side ever seriously thought about the deficit much less the total debt. Clinton was the last one I know of that had a budget surplus which was promptly spent into oblivion by congress. Mr T will win by landslide in elect. Votes and will also win popular vote but that may...

I focus on the bullish/bearish pressures as they are graphically drawn out on the chart in the larger context and the immediate context and then the probability of the winning side winning for at least a little bit more. Then I look for a setup within that immediate context and take a position...

:) maybe because you can give back 10k (your post #156) in nq in 30 min and 9k (your post 237) And 3k (your post 145 along with saying ..no big deal..) and worse..giving back the ENTIRE day (post 150):)

Does this mean discretionary = king! Lol BTY Linda Raschke is a discretionary trader and once said many years ago “the best indicator of price is price itself.”

:D

Spot on.

That is not a bad strategy at all. Especially in longer trends. I too scale in on a larger move as price moves my way and if I see enough pressures to keep the move going. Why? Because the market has inertia and I am betting it will continue far enough to be profitable for scaling in as it moves...

You too have a good night. I’m a bit tired. Down near Destin Fl vacationing in the motorhome and the park we are in won’t run the tram down to the beach because of covid so we have to walk about mile down there and a mile back pulling a wagon loaded with beach chairs etc.Then once we get there...