Search results

Just took a quick 2 point scalp 2 contracts. Top 1/3 range.

A quick comment. Why did I short the second and third trades in the bottom 1/3 of the range? What was the rationale? Don't you go long in the bottom 1/3? Yes, that is the general idea. However, there are exceptions. Larger and immediate contexts are important. See we had a gap up open on the...

Ok this is what happened while I was gone for breakfast. As can be seen still sideways action. Range has been going on for 40 or so bars. Price action hoovering mostly in the top 1/3 of the range. Certainly opportunity to average down in the top 1/3 and exit with profit at least two more times...

A range box can be drawn now. Remember gotta have 20 or more bars. So, long trade on an H2 two contracts initial entry then immediately added 2 more averaged down on the same bar then added down 2 more 5 bars later for a total of 6 contracts long (see green lines for entries and exits). Then...

I see weakness. I am betting it will continue for at least a little more so I take two more scalps First is just 2 contracts short and cover. Then two contracts average down 2 more contracts for a total of 4 then cover those 4 on the last green triangle. Locking in profits $232.50 at this point...

April 14th 2020 5 min chart First trade. 4 point scalp averaged down: 2 contracts +2 contracts for total 4. +$82.50 A bird in the hand worth 2 in the bush. Locking in profits. Won't follow too far because no real weakness shown yet. Gap up open.

Double up in the correct direction after taking the loss and the monies lost are back in short order in the account and soon in a handsome profit. If a trader is gonna average down like I do then it is imperative that he knows exactly where he will jettison his position for a loss. He must...

You don't say 007?

uh oh Dozzy in trouble here?

This writeup regards the chart in my previous post above. IT was MES 5 min chart on April 13th, 2020 I have colored coded the arrows showing the entry and exits for each trade. I considers averaged down trades as one trade. While the entries may be multiple (as I average down) in 90% of my...

Dozzy about all I have seen is them boyz running!

Must be tiny ROFL

Great! I hope you do.

Yes... I have made my share. Plenty of mistakes.

I just mostly post on my journal here on ET. You could ask the question over there. I just posted a chart today. I do look at other threads for entertainment and fun.

BYE Davey.

ROFLMAO Of course I did. But don't worry "Davey the master trader" I won't be sending any more recommendations ROFLMAO

AND....:D:D:D:D I found this message of yours. Actually is was your first message in the thread..:D:D:D:D " Hi since i am a newbie as regard futures i am looking for a course i've found this two: smb futures foundation program and axia futures trading and trader development... which one is the...

Now Dozzy what you been focusing on lately? Are you turning the beloved Q chart upside down to get a better more positive view of the last 2 or 3 months? With those earnings you may have to spin the sucker around sideways to make any sense of it! PS Have you paid off the mortgages you promised...

HILARIOUS ROFLMA ROFLMAO actually it may be you who is unfortunate. :D:D Hard to stop laughing...:D:D:D:D:D:D:D:D:D:D:D:D:D:D:D:D:D