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No still doing it. Just needed some entertainment. Frozen trader was ragging me about my journal being a comedy. So I was just ragging him back about his coin toss.

Why would an experienced trader like you do a comedy show like this? So sad? Those algo’s not working for you in the arctic circle? You know you can buy a kerosene heater and warm your computer up and pollute the environment at the same time don’t you?

I refer everyone to my post #208 that discusses looking at the market cycle in larger TF’s to see where the 5 min PA is located at in terms of cycle phase on the larger TF’s. In this case the 5 min was in a bear channel. It was also in a bear channel or move down that had gaps on both the 15 min...

Sure you don’t want to post a few algo trades if you can get your computer to thaw out? WE know you don’t like discretionary traders especially those that beat computers..LOL I don’t believe in luck but I do hope your computer unfreezes.

Funny ain’t it? Laugh! It will be even funnier going to the bank. Any banks up there in the arctic circle?

WHY don’t you study the concepts ...like really good. Read the other posts. You might learn something if your brain unfreezes (if frozen) from the arctic circle excursion ...ROFLMAO. It is 16 bars of sideways motion (of course counted AFTER THEY ARE MADE). Can’t very well count them before...

Study the range tactic. It is only one. See how it is done. I Short and average down, if need be, in the top 1/3 of the range. I Exit on moves back towards center 1/3 I DO NOT GET GREEDY. I GO LONG IN THE BOTTOM And average down if need be in 1/3 of the range. I Exit on moves towards center...

Trading can be reduced to a process and execution.

Channel forms in an unexpected direction. Look for at least a measured move down. Different ways to measure it. Depends on ones’s entry. Just follow the different colored lines. You will get the concepts.

Look at some hints that a transistion to a range phase is probably in the making.

NQ 5 min chart 10-17-2019 I want to focus on the cycle. Remember, Range to BO to Channel back to range. Each phase requires different tactics. If I want a high win rate. If win rate doesn’t matter then a trader can just pull out his tactic with one bullet in it and fire away in any direction...

In the olden days it was called a coil. Ready to spring out either way. Context often determines which way. If it does the opposite and breaks out contrary to context then it is almost a sure measured move in the BO direction. Not 100% but high odds of a MM.

All true. 7790 is the top of the channel and can be seen in hindsight to be so but while it is happening live is more difficult to identify. 7990 could just be a pb starting (flag) and a possible resumption of the bull trend from the open. Trading live, at least for myself, the bear channel is...

I don’t have much time today but want to make a quick comment on the importance of identifying the phase the cycle is in as that affects whatever tactics I use for trading. Sometimes that identification is crystal clear. Other times, like today, it can be harder. Here is a chart of the NQ. Some...

yes. I will sometime trade the opening range but generally just prefer to snooze while it is happening or drink some coffee in bed, then look at the markets. On the open usually both sides are asserting themselves. One wins the other often capitulates.

That hard time you have is because you have not yet learned to read the larger context on a time frame, read the patterns on the time frame, read the setups within the patterns. In addition, you haven’t learned yet to correlate what I just said on that one specific TF with one or two larger...

I will say this much. All the entry green and red triangles are put on the chart by my platform as I take the trades. They are not drawn in manually by myself to just invent a trade.

Will post the ES chart showing the trades made on it later today.

Trades taken this morning in the NQ. Went long 2 contracts. Then added two more. Then addd two more averaging down. So total contracts = 6 (see green triangle entries). Exited all six (see) red triangle. The concept is average down then exit on any move that gets me profit on my first entry...

You may need to read my first post at the start of the thread. I will not get into proving anything. It is a dead end alley. Who is to say I don't have multiple accounts..losing like hell in on one and doing great in the other? I will try to show the full chart of the day that will have all...