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Look at the context PATTERNS. Range? BO? Channel? Context=what phase the cycle is in on those TF's (5 min..15..30..). In any phase there will be red and green candle sticks. I could make it more confusing for you but I am not sure you can bear it. Maybe later on. Suffice it to say each candle...

Actually I would have more of a bearish view. While price broke out of the top of the channel and has FT the larger context (long bear channel) has influence over this sideways movement it now is in. The sideways may end up bear being a bear flag and price continue down. Also because of the...

Well I guess you can swing trade if that fits you better. I am just showing how I trade. Today crawled my carcass out of bed. Washed my face. Rinsed my mouth. Turned on the computer look at what had happened since the open (it was around 9:15 chicago time when I hauled my carcass out of bed)...

Remember the market cycle. Range to Trend (composed of BO and channel) to range. There are multiple tactics for trading all three phases. That is different tactics for trading range. Different tactics for trading BO's, different tactics for trading channels, different tactics for trading ranges...

Is it confusing? Then it probably is in a range. Confusion is the hallmark of price being in a range. When in a range I have to apply range trading tactics. There are several. I have expanded on some. You might want to read my posts again and study them. I trade off a 5 min chart with an...

Which I love doing. Gurus spout off it is the wrong thing to do. Their useless advice of cut losses short and let the profits run sounds good in theory but does not work very well in the real world. Traders have been following that BS advice for decades. Did I hear most traders lose?

Because I believe in locking in profits and I have no idea if the trend will last 4 weeks. I have a better idea if it will lasts 15 minutes.

It ended up morphing into a SPBL for much of the rest of the session. There are several ways to trade SPBL trends. This is one way. When the context favors doing so then I average down and once I accumulate my position size I hold as the market continues to creep up. The general idea is try and...

After I crawled my carcass out of bed and got a cup or two of coffee down my gullet I checked the markets out and started trading right away today 10-15-2019. Went long 1 ES right away then exited shortly thereafter with over 100 profit. The started averaging down long two contracts at a wack...

I think it was because my carcass was still in bed.

Can you post a clean chart of this without the cloud and boxes...etc I am a diabetic and my eyesight ain’t the best. I need a very clean chart. And what TF is this?

PS Mr T is winning. China boys caving.

ROFLMAO goal accomplished!

ROFLMAO..now that my friend is hilarious! That is a different take on the matter!

You can..you can..I believe you can. If you say you can’t then you are probably right.

Roaring...Roflmao...

Ok here is the same chart but showing the phases of the market cycle. Each phase has it’s own tactics to use to trade it. It is of great importance to develop the skills to identifying the market phases within the market cycle. The reason being trading tactics change when the phases change. 1)...

Here is your previous 1 hour chart that just kept going up. The one you lost what you had made during the week. This chart you posted had more info than your first 1 hour of the same price action. It started with a range at the bottom. So, I will show how I would trade this range using the...

Thanks for posting the chart Trader1974. It was a good chart to use for expounding upon the concepts. I hope you and others find it useful.

Here are 5 trades to take based upon the principles expounded on above. You might want to study the concepts and try it out on a Sim. I identified the range in 10 bars then started trading in this example. However, until one develops the identification skill it may be better to wait until there...