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    More Than 240,000 Chinese Companies Declare Bankruptcy In The First Two Months Of 2020

    Problem is the sheep in my neck of the woods ain’t locking themselves down. Like you, they don’t believe there is anything to it. In spite of the fact that friends and neighbors are dropping like flies. I am shocked at the denial! I keep my ass at home tending my garden and trading the markets...
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    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    Well I gotta go to the motorhome after getting a shower and log into my platform and see what is happening in the markets. Are we going down yet? Where is Dozzy’s beloved Q at?
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    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    Watch that 20 ema in bear channels. When price action is floating around in the middle area of the channel you put more odds in your favor to start short on PB to the 20 ema as opposed to shorting on the low of a large bear bar such as where you have your red arrow. While a wider stop loss would...
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    More Than 240,000 Chinese Companies Declare Bankruptcy In The First Two Months Of 2020

    Which direction is the Q running? North or south?
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    Kudlow: Trump may make announcements on next day or two on reopening

    LOL if anything they are understated. Many die at home that go unreported preferring to die around their loved ones as opposed to passing away in a hospital around strangers.
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    Kudlow: Trump may make announcements on next day or two on reopening

    ROFLMAO Biden???? Trump has done all the Republic will let him. If social distancing works as the liberals say the TOTAL social distancing would work better. Shut the country down for 6 weeks. Close the markets. I'd give up my liberty for 6 weeks. I don't have to trade for 6 weeks. Put the...
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    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    You could say there was a nested TR within the broad channel and you would be correct and it is tradable.
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    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    Of course it is. But I would say price is in a bear channel. In bear channels one technique is to short in the upper half of the channel and collect profits as price move towards the bottom. So if I shorted at your red arrow I would be averaging down as price went against me even on a pb on the...
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    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    No, in this volatility since all this corona stuff I consider a scalp 1 to 12 points. Normally, I consider a scalp to be 1 to 8 points in the ES. As concerns R:R (I say it as Reward to Risk) I have at least three risks for each trade. One is the initial risk which is the logical smallest risk...
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    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    Now I was not going to talk about the 24 hour chart on today's PA but you done went and got me talking about it so I might as well explain "how" I would have traded my first few trades had I ONLY BEEN LOOKING at a 24 hr chart and not the RTH's. Here is your chart shown by my platform with my...
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    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    Question 2 actually I did short the on the bar of your first red arrow. You are just showing the PA on a 24 hr chart. But my short was a scalp and corresponds to my second trade average down trade on my RTH chart above (blue lines on my RTH’s chart denoting entries and exit.) My initial short...
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    Kudlow: Trump may make announcements on next day or two on reopening

    Declare martial law. Total complete lockdown. No one goes anywhere but the military and those escorted by the military. MAKE the Americans STAY AT HOME. 4 to 6 weeks should do it.
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    Kudlow: Trump may make announcements on next day or two on reopening

    Ok clacy why don’t you travel to NY by moto..wear no mask...or any other protective measures and visit all the hospitals and old folks homes and cheer up the sick? If you get sick go to one of them churches that refuse to lockdown. Generally car wrecks are not contagious.
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    Kudlow: Trump may make announcements on next day or two on reopening

    Oh but the governors (little kings) themselves will rebel.
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    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    Thanks. I don’t know if I would go that far with it but I do hope it helps traders. I am just showing how I trade.
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    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    That is a reasonable trade and makes good logical sense. Nothing wrong with that trade. We got Gap up open followed by 4 bull bars (well one was a bull doji) then a small bear “implied pullback”. Remember, an implied PB is an actual PB on a smaller time frame. That is, if you dial down to a one...
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    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    The second question:I will answer when I get back to my motorhome where my Ipad pen is located. Your question pertains to the 24 hr or overnight chart of the same price action.
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    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    To question 1: I went long because a range had been established by then, price was still in the bottom 1/3 of the range, it was a second entry H2 opportunity after two legs down from the top of the range, and it was an averaging down long opportunity. If needed be I would have kept averaging...
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    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    Here it is the same chart but clean. See the Small Pullback Bull Trend? Gap up open. Trades down thru the 20 EMA (somethimes that happens and sometimes it doesn't reach the 20 EMA then a reversal and up we go. At that point (by the 10:20 bar) it can now be classified as a Small Pull Back Bull...
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    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    Another trade top 1/3 average down 6 contracts. Profit at this point in the session 560.00. Total contracts bot 24. Total sold 24. Commissions $47.04 Net $512.96 Done for the day 6 trades. All winners. 2 straight shorts. 1 long averaged down. 3 averaged down trades shorts. On losers average...
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