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Jesus also said “give and it shall be given...good measure..pressed down... “Give, and it shall be given unto you; good measure, pressed down, and shaken together, and running over, shall men give into your bosom. For with the same measure that ye mete withal it shall be measured to you again.”...

going long at the bottom of the range is acceptable and I do that. I could have even shorted at the top of this range. But stop. Think about it. It would be riskier shorting the top of the range (which I do quite often under different contexts). Why riskier? What if that extreme overnight...

yes i meant to say long. Will try to correct that on a later marked up chart after this post and on this post you tagged. My sugar must be up and my mind is tired. Sorry. Thanks for catching that. Don’t want to confuse people.

Here is another way to look at this Price Action from RTH to RTH’s. Look at the two charts. First is the open from yesterday’s to today’s open RTH’s. All channels morph into ranges. If I can get in early on the range, at the top, or while I perceive the range is in the beginning stages, then I...

Now why did I take these trades and why did I average into losing positions? Why was I willing? Two words: PRICE ACTION. Here is a marked up chart that maybe explains my rationale if you can read my writing LOL. WHAT I am betting on is that the channel is weakening and turn into a range near...

For instance: ES today. Different platform from my other trades on another tread (I have more than one account). In the first chart. I started with 1 ES contract at the top Line green line. Added 6 more 1 at a time as price went against me (see all the other light green). So I am in 7 contracts...

Scalping and averaging down into losers based on price action. At the right time in the right context.

Guess no one is interested. It isn’t a trick question or something designed to make others look bad. It is to illustrate some points and make some suggestions about PA.

Time would be better spent in front of the screen watching charts and how price moves.

Information overload. Endless wandering around searching for a profitable systems..deception..lies...taking advantage of new traders...what a colossal waste of time and energy.

There is no recession on the horizon.

Thanks for responding. I will wait around and see if anyone else will respond and take a shot at it.

There is ALWAYS a breaking point. Even in intraday scalping. If my premise pans out to be wrong I am out and will look for opportunities to double or triple up in the new direction. Soon I will be whole again and back in the profits. But I have to be psychologically prepared to double and triple...

You talking about a two year period. Yea if you are a swing trader averaging down can burn you very bad in bad years. It ain’t gonna burn me because I intraday scalp..ain’t gonna be holding for two years adding and adding and hoping and hoping. I am in... all averaged down and out a few minutes...

Of course it is there. The more the merrier. Redpunter is the one against it not me. His stance is preposterous. If he is indeed trading size he wants liquidity. More not less. Why do you come across as angry about comments on liquidity? I know you don’t like averaging down. I am showing the...

I want to look at a potential BO trade. So, looking at what is on this 5 min chart; what would you do? Long or short? If you had to make a decision right now would you prefer going long or going short? Understand the gap up is the open RTH. If you would short where would you short? On the last...

sorry ...interruption...hello...damage can be mitigated by preparation and mucho practice prior to blastoff with the real fuel...thing is most traders won’t take the time, nor pay the price, to prepare themselves before they attempt blast off, therefore, before the first stage can be jettisoned...

Yep you have to get REALLY good short-term trading by mastering techniques and practicing them over and over before going live and putting your money at risk. And on top of that you have to prepare yourself psychologically. You can master the techniques down to a “T” and can’t deal with the...

You are hilarious. Thanks for the laughs! It’s not a box method. It’s techniques in a range trading...ROFLMAO. Can’t you even understand that? I don’t expect so by your comments. Furthermore, if you are so concerned about my 200 buck trades just up those sizes to those trades to 20 contracts a...

What you say is good advice. However, in today’s world full of HFT’s and algo’s that can jerk the market around in seconds its like putting a worm on a fishing hook to improve entries for a MANUAL scalper like myself. I’m too old to learn programming and automation. So I have to adapt my manual...