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    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    Thanks for the compliments! Hope what I share helps. Not hinders. As always I say SIM it. LOL Actually brooks recommends traders learn to first trade MTR (major trend reversals) These are generally LOW probability trades. They will fail more than they will succeed. However, the risk is small...
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    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    Repetition, in different ways, to drive home the same point is a didactic principal that works really well for learning IF the student has more than the attention span of a jumping flea which seems to be quite a challenge for the new generation as they get bored so quickly if there isn't...
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    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    ROFLMAO is that for Biden? Or Trump? Or both? two thumbs you know. Confusing.. Maybe you are for Kamy??????
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    Reversion to the mean only trading...

    LOL why don't you try doing chart analysis of a chart before it comes into existence. Of course it is hindsight. The trades are taken (not on the chart above but on my journal charts). They show up on the chart and then the explanation is given. The chart above was just an old chart I dug up to...
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    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    @themickey are you a fan of his or what? ROFL
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    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    For further consideration and another look at how an implied PB on the 5 min chart above is an actual PB on a 1 min chart. Here is a 1 min chart of the same trades as shown on the 5 min chart above, with explanations. Hope it elucidates or at least gives @themickey a hearty laugh. I hope he...
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    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    MES 5 min chart 1-8-2021 We were discussing PB's until @themickey had a laughing spell. I think he finally stopped to catch his breath so I will jump in quickly before he resumes his trend. So, why do I want to trade PB's in a trend? Because they are high probability trades. There are actual...
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    Reversion to the mean only trading...

    LOL not all DT DB LH HL and throw in wedge top ..wedge bottom..flags..PB’s ..whatever....are not equal in strength or weakness and often will fail to do what a trader thinks they should do, based upon what he has been taught. Knowing how to judge the likelihood of each pattern succeeding or...
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    Reversion to the mean only trading...

    The challenge is the bar by bar observation within an immediate context and within the larger context and determining who is stronger for a scalp, bears or bulls and how big of a scalp.
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    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    Followed by another 3 point scalp. Typical range trading. Working my way down with price LOCKING in profits on multiple what? Multiple implied PB's! Nine points made from bar 12:55 to bar 13:45. Again, this is the process. Size doesn't matter. Any size a trader can afford. The size just doesn't...
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    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    And here is what happened. This was a quick candy bar trade of 1 contract... 3 points. This is the process I am trying to show. A trader can trade any size they wish. The process is the same. It doesn't matter.
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    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    Shorting in top 1/3 on an implied bear move PB (move was from 13:00 to 13:00. All bear bars are trends on a smaller TF. We will see what happens.
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    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    In am back for just a few minutes. As mentioned earlier odds favored more move south and we did get a fourth leg down then that morphed into a range. I took a short scalp at the top of the range for 3 points. By the time I finish posting this we are heading towards the middle of the range. I...
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    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    Well I am back LOL but after this I am gone.
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    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    And here is what happened in roughly 70 minutes from the open of RTH's. And after my exit. So why didn't I hold for more gain. There are more than one reason: 1) I was collecting pictures to post and annotating so after my exit I was busy doing those things so you would have something to look...
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    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    Implied PB's early entry. There is a reason. Here are some trades taken 1-4-2021 right after the open of RTH's. I am posting 3 views of the same trade. A 5 min chart. A 2 min chart and a 1 min chart. Just look at them and try to figure out what is going on in me making this trade which was a...
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    Sorry If I Am Asking Help in the Wrong Place But Please Some Good Soul Help Me and My Mom

    :rolleyes: Your meter is always flopping around :D
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    Do you trade for an income or for a compound effect?

    You can compound from trade to trade. And frequency of trades is a key factor. Sorry swing traders.......or investors. Lol More frequency = more opportunities to compound. Sorry investors.......
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