Search results

Boy are you in a piss poor mood Mr tinker. You must have spent a bundle on courses ...they didn’t work and so you declare all to be snake oil???

I will make a few comments about the micro NQ trades taken Friday. The first chart is the EOD chart showing all trades taken during the session. Five trades were taken. All were long. All were profitable. Two were straight long scalps. Three were averaging down longs. Ended the day $252.00...

Make it happen Eastwood. Show charts too. That would be great. For years I lived in Honduras. Now back and forth. Many friends there. Believe it or not I introduced okra and butterbeans to the country back in the 80’s. I don’t think they had ever heard of either before then. Now okra is quite...

Hershey I heard passed away. I think Sprout and Gaussian may be students of his? One thing about Hershey I never saw him try to charge anything, or sell a course. I did look at some of his ideas but they just didn’t fit, for myself anyway.

If trading was simple we would all be very rich. Where are the turtle traders now? How many times did the belly up? It would be nice Eastwood if you would take some trades Like a month's worth on “simple” and post your charts showing the entries and exits. Even Doc Holidays draw while fast...

Thanks! PA is price action regardless of the TF. I have on occasion fine tuned some 5 minute entries on a 1 minute chart and I suppose a younger, quicker person, could probably do it much better than I. But the PA is just too fast for me to trade off a one min chart. I have to “see” Patterns...

Oh mickey! Cumulatively monthly bars make sense. Ok. Agreed. Now dial down. Cumulatively weekly bars make sense? Agreed. Let’s go lower Cumulatively daily bars make sense? Maybe but questionable per Mickey. But why not step down some more. Cumulatively hourly bars make sense. Let’s get a little...

Let us not forget he also went broke and bankrupt 4 times “holding”. He was at his best short-term trading scalping the bucket shops. Reading the tape. The short-term “moment by moment” changes in price. The problem was he was cleaning house everywhere he went at those bucket shops and they...

It started raining so I had to stop in the garden. Took another averaged down trade. 6 mini NQ contracts. Just exited moments ago. Another winner. The rain has stopped so I have to go to the feed store and back to the garden so this is the last trade for the day. I will explain todays trades...

Mickey 4 bottles of snake oil were processed a few minutes ago in my journal. You may want to go there and see if you can detect what snake? LOL

Working in the garden bit stopped to eat breakfast and took a few trades. While my favorite trading is with ES and MES, what I am showing in this journal, works with the NQ and micro NQ. So over the next few days I will trade the micro NQ with small size so small account traders can see you...

LOL well wash that pig good. There is aways a reason for anything that happens. Something caused it. You may not know what caused but something did. And it will always show up on the chart. 99% of the time if price moves 1 tick an institution caused it. You may not know why they caused it but...

Indicators to some degree gauge current pressures and may or may not have much predictive value. Price patterns (such as wedges..triangles...flags) develop BECAUSE OF the pressures. They can have some predictive value. For instance, in a strong bull trend a PB is caused by two things. Profit...

Indicators to some degree gauge current pressures and may or may not have much predictive value. Price patterns (such as wedges..triangles...flags) develop BECAUSE OF the pressures. They can have some predictive value. For instance, in a strong bull trend a PB is caused by two things. Profit...

Just remember in your search for high probability trades the reward will generally be smaller because by virtue of waiting for the high probability setup that has confirmation. By then much of the move has already happened hence less reward left to capture. But on the positive side high...

Yes, odds at least (60%) favor a successful BO south. In a bear trend a bull channel can be viewed as bear flag with continuation of the bear trend as the likely outcome. The least likely event is a BO north (40%). These things said it can break either way. If it breaks north (least likely...

Another NQ straight scalp. Yep again cut them profits short. Grab them pennies. Now at 900 b4 comm on NQ. A straight long scalp. Anybody want a beer?

one of my favorite beers

Just decided it was just plain and simple too hot for gardening so will rest and later today go back out there. So I might trade a little. I don't like averaging down in the last hour. So we will see. May just take a few straight scalps. So far all my trades been on the long side today.

Ok I took a break from the gardening. Boy is it hot out there. Decided to take an averaged down LONG trade in the NQ a few minutes ago. It was 6 contracts. Netted $780.00 Lock in those profits. BTW while at it I also took a few more trades in Mes and a couple straight scalps in ES. All trades...