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  1. V

    Understanding price action

    @WRB ...you didn’t answer my Dozzy question. What category do you think he is in? I gotta run. Momma is in the garden and wanting help. Am I hen pecked or what?
  2. V

    Understanding price action

    Mickey If you were here I would serve you a fresh cup of 8’oclock coffee. As my uncle once said to my Dad upon being asked how he liked that 8’oclock coffee. He responded: “it is A REAL EYE OPENER!”
  3. V

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

    I got other things to do but I will leave you to think about this below. I, in the past have read alot and bought alot of books concerning trading. I rarely buy one nowadays but I occasionally crack one open and take another peek. Here is what I read in one of them this morning: The Four Golden...
  4. V

    Understanding price action

    It is clear as a sharp whistle. I am sure she “hears”. BTW is it cold in Canada right now? I have a good friend who lives in Alberta near Edmonton. All trading education is generally rehashed and relabeled stuff even the so called new fangled “indicators”. Nothing is really “new”. All things...
  5. V

    Understanding price action

    Erin, Carry on. Don’t pay attention to those that have an agenda. Some sniff out whatever doesn’t agree with “their” modus operandi or non modus operandi then they attack. Just like Mr T gets attacked for everything.
  6. V

    Understanding price action

    LOL Mickey! Miss out on your coffee this morning? You seem to be in a sour mood. BTW When you gonna throw some out so we can examine the validity of it and see if it has amoeba bugs in it, instead of pissing on everyone else's ?????
  7. V

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

    At this moment if you look at this 24 hr chart but from a 60 minute perspective the range is simply about a 10 bar bull flag. What does that tell you about potential BO direction? Well I gotta go eat breakfast then other things to do. Hope you see something here interesting. Bye for now. PS...
  8. V

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

    Do you see the range behavior? Hallmark is confusion. If you "feel" confused about PA then you are likely in a range even if you can't "see" the range. Take a peek at another time frame of 24 hr chart as opposed to RTH's chart. The range will likely be there. Use range trading tactics. BO's will...
  9. V

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

    UH oh. just missed another great short at the top of the range while typing the previous post above. 24 hour chart. Do you see it? Tactic shorting BO attempts in top 1/3 of a range. Covering on any decent profit on a move towards the middle or even the bottom of the range. That opportunity was...
  10. V

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

    OK I took a 4th trade straight short 2 contract trade. Rationale: I took this trade off a 24 hour chart. Price was in the top 1/3. Previous BO attempt failed with no FT. On the 24 chart PA has been in a range a long time. We should get a BO probably pretty soon with FT but until I will fade BO...
  11. V

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

    Here is what those 3 trades look like on the 24 hr chart. I was not trading them off this chart but if I were I would have a fourth trade on already a short into the top 1/3 of the widened out range. I would have already exited it with a good scalp. That trade would have been entered right after...
  12. V

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

    At this point not much FT on BO attempt. Rather a PB into the range. See why I don't follow this trade too far? Grab them profits! BO has not yet been confirmed with sufficient FT so a bit of risky trade but not too risky. This mat turn into a SPBL (small pullback bull trend) day. Just have to...
  13. V

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

    Ok I take a 3rd trade on a BO attempt of the sideways action. Will it be a successful BO? I don't know yet . I have to see some follow thru. Rationale: Opening gap up. Only two bull bars since the open Rest are bull excepts for opening bar and 6th bar that were a dojis. I am taking this trade...
  14. V

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

    Just see-sawing back on forth. Who will win? We don't know yet. Just waiting. This is typical range behavior. Back and forth. Overlapping bars. Not officially a range yet. Once it gets to 20 bars I call it a range. Sometimes I cheat and call it one around 15 bars or so. LOL
  15. V

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

    Bears are trying to close the opening gap. That third bar is their first attempt on RTK's chart above. Lets look at the 24 hour chart now. Here is what the thing looks like on the 24 hr chart. I will widen the range boundaries after this post. You can see how it traded out of the range. I was...
  16. V

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

    Took a second trade. Short scalp. One contract. Rationale. Forgot to cancel my SL on the first trade. It got executed so I just exited right away with a 75 dollar gain. Now you know where my SL was on the first trade. Still am not awake real good. Got get that second cup of coffee. At this point...
  17. V

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

    Will show some trades today then later get back to Friday's trades. Trade I took on the ES this morning averaging down 1+1 contract. $225.00 before comm. Trade take right after the open. Rationale: Open gap up. My carcass was out of bed so might as well take it. I reason it would at least go up...
  18. V

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

    Here are the 4 trades I took. First was a straight long 2 point scalp just outside the lower 1/3 of the range. Second was an averaged down short 3 times after the initial entry. I made profit on the three averaged down positions of this second trade but lost 2 points on the initial entry (see...
  19. V

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

    I want to point out on the 24 hr chart (in post #553) a few concepts. While I did not take this trade as I was not yet trading until 9:05 I want to make some comments about the HHMTR at 7:50 a.m. Just to reiterate on MTR’s: 1) first you want to see a trend. 2) Then a break of the trend line...
  20. V

    Is Technical Analysis a joke??

    ROFLMAO
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