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Just took a 5th trade. 1 contract short. Trade 5 short at 3033 SL 3039 ini PT 3027 TE 65%x6=390 35%x6=210 Positive traders equation. Price is trading in the upper 1/3 of a trading range. Since bar 11:35 we can declare this an obvious TR. So I short for a scalp believing the odds favor I will...

uh oh see what I missed out on because of wet fingers! My bad. Dad used to tell me when I would miss out on a deal or something like buying a car. "Son, there are more out there; another one will come your way". We must never be afraid if we miss a trade. FOMO is generally not too good of a...

Thank you for your kind words and encouragement. I do hope sharing how I trade does help traders. I would not like it if my sharing in anyway hurt traders. That is why I say practice practice practice and practice on a SIM over and over if the concepts resonate with you. I really do like...

Ok on bar 11:55 I started averaging down long and by the next bar 12:00 I was long 3 contracts. Price was not going my way so I dumped the position on bar 12:05 then immediately doubled up 6 contracts. My entry for the doubled up position was 3022. I set the ini SL at 3038 ini PT 3011 TE...

I took a third trade after breakfast. Averaged down and lost. Then took a 4th trade reversed and double up. Got back my loss and made some. I took that 4th trade and set all and jumped in the shower. Once I get my hair dryed I will give better explanation.

And here is what happened as I typed the previous post. See why I grab them long profits quickly? Now will just look for another opportunity since I done went and missed out on some more while typing. But first got to eat breakfast and shower.

I just took two trades. Larger context bullish. Overnight price channeled up from yesterdays 3:15 close. So opened with a gap up about 68 points or so. So looks bullish. But look what happens. It immediately begins to close the gap and by 9:55 has basically closed it. So while bulls are strong...

Well thank you. Even on bad days the challenge is always there to learn something new about the markets or about oneself. Yes, your right a good trader HAS TO prepare for "if this then that" otherwise we will trade by letting our emotions make our decisions. We cannot escape our emotions and we...

Disclaimer: The below is for educational purposes only and for you to practice on a SIM if you like the ideas. If you use real money trading any concepts, including these in this post, and any other posts of mine anywhere on this forum or in any other forum, you just might lose your hat, bank...

Glad it is helping and not hurting. Yes, I plan on coming back. I’m just really tired. Working on house..planting garden and all that is involved in that, and of course trading and posting.

And Ranges 70%. Trends are Made Up of two components BO’s (which happens on about 10% of the bars.) And Channels. Once the first pb in BO hits then the market begins a channel (which is also Just a part of the BO trend)So......it behooves a trader to learn to trade ranges as most price action...

Huh? I average down on retracements in SPBR trends.

Bingo! Vegas needs to look at my journal. Later tonight will post 13 trades I took on retraces towards ma.

Thanks. I will probably post some stuff from today’s trades. I took 13 trades in MES lost on 2 both small losses and make some on 11. I also took a few trades in mini naz and made some $ there too. I may post some stuff Tomm if I trade, then after that gonna take a few weeks off posting much...

That was a good short trade. It doesn't matter if it reaches your PT. If the market is giving you a profit and in a range or prolonged sideways move then take it on any decent move back to the middle or the bottom of the sideways move. Again it is a evolving range, not quite a range but close...

May I make a suggestion? If I were playing this as a long trade I would wait to see if the BO of the range is a successful one or just an attempt that will fail and price goes back into the range. See it did break out on the bar you entered on. But remember it is only an attempt at a BO, not a...

Thanks! Who knows I may do so one day. But I am getting a little old (65). And not in the best of health. After this week I may take a couple of weeks off from posting and rest. It really is taxing to trade and post at the same time but I am trying to show trades as I take them through out the...

Now we close (at 17 bars) to get 20 bars sideways in a range stacked on top of a range in MES. You have to read some of my previous posts on trading ranges to see if it can be traded for scalping as it is a narrower range than the previous range it is stacked on. But in general it needs to be 3...

Well it took a little more than 5 bars to get back into the range LOL but you get the idea. Usually on trades like this I am averaging down short as price moves against me then exit as it close the BO gap. But if averaging I also establish a "give up" point where I will take the loss and reverse...

I gotta run guys. Will talk later.