Search results

I want to show a few more concepts from the same chart. If going short on that last bear bar (bar 9:15) before the reversal expecting a bearish continuation and not a reversal then a trader has to decide where to put their SL for that short trade. SL’s if based on PA should be logical. For such...

Maybe this will explain. This is price action on a 5 min chart yesterday 2-5-2021 MES or ES whichever. Same thing. Price opens good size gap up then proceeds to close the Gap. Once it closes 70% or more of the of the gap I would be expecting it to continue down. Especially, since the two PB's...

There always exist the possibility that the doubled up and reversed position could also incur a loss. That can happen. Nevertheless, any SL at least for myself is a PA SL. Others use a monetary SL. That is, they will be willing to lose x amount of dollars and that is it. The way I see it the...

Thank you. Not sure that my efforts rate as well as you expressed it but I do hope they are useful in some way or another. I do plan on getting back to discussing some concepts in the above charts. I have just been too busy with other things.

And the market is always, at all times, in a channel .....on some TF LOL. Many traders don’t understand that. AND BEAR CHANNELS ARE BULL FLAGS ON A LARGER TF AND BULL CHANNELS ARE BEAR FLAGS ON A BIGGER TF.

No hope for volpri to be set free from brooks concepts.

LOL NO hope.

If all I had to look at was this chart with the large bar removed I would see nothing of the buying pressure about to happen. Nothing to help me anticipate. Even the chart showing the inertia...momentum..buying pressure it would likely not be anticipated by the MA, if I were to look at the red...

Lets’ look at the kidnapping chart again. Context=85 bars or so sideways (range behavior). Overlapping bars....race up to top...race down to bottom. Ranges are formed because both bull and bears are pushing. Bears want a BO south. Bulls want a BO north. They go back and forth. Eventually one...

The Trading Ranges book is one of the books in his trilogy. Chapter 29 deals with SL’s. The “How to trade Price Action Manual is an online book at his course web site. Part of it is free to the public and part of it is for members only i.e. those who have bought his video course. The excerpt...

LOL I gotta go to bed. It is 3:28 a.m. here and my brain is getting tired. I will comment on the forced trading decision later.

His book on Trading Ranges chap 29 the entire chapter deals with stops. His video course go in to more detail. Do you have his video course? He also has a free (if you bot his course otherwise only partially free) online manual at his course site. It is called Trading Price Action Manual. The...

Why would you go long in the hypothetical situation? If it is a coin toss why did you pick long vs short? Was there any particular reason?

which of his books you asking about?

The casino man gets fired up over semantics and rails at his elders (me). Do you think a quick trip to India and he would find out quickly how to respect his elders? I fear Mickey is sliding off into the deep end of things. Being so fixated on that one word ...CULT... Can a prolonged trip to...

ROFLMAO now that is hilarious. But I was actually referring to Iamthecasino poster on this thread. Mickey, to my faint recollection, used to like Mr. then somewhere along the way he had a change of heart and now it seems he can only refer to cult...cult..cult when afficionados of Mr T show up.

Not a problem. I just wanted to clarify that I am not even looking at it as a top for the session but a setup in a range. The reversal for the session came later out of the bottom of the range. Then the top of the range could be considered a Top for the session.

ROFL mickey you just can’t shake the “cult” concept. Can you? It is almost like you are fixated on it. Kinda like OCD. If the casino man goes down south is there any hope for you setting him straight?

I will write up some more on those charts above probably tomm sunday as my brain is getting tired from my posts in padutraders thread and my exchange with the great Iamthe casino dude. He thinks I need to take some meds for my brain.

@NoahA I wasn’t calling tops. Never entered my mind. I was trading an implied PB from a bear trend that is found WITHIN a TR (bars 11:05 to bar 12:55) with bar 12:55 being the entry bar AND and in the top 1/3 of the TR. The trend down from high of bar 12:40 to bar 12:55. Therefore it was a 15...