Where did you do this?
Let me understand you correctly: Am I to short tomorrows open? Full size?
I will follow with anticipation and excitement.
How many of you got faked out today?
- Thread starter 1a2b3cppp
- Start date
Where did you do this?
Let me understand you correctly: Am I to short tomorrows open? Full size?
I will follow with anticipation and excitement.
Quote from Laissez Faire:
Going long above the opening bar or short below it is a losing strategy if that is the entire strategy. Profitable under certain circumstances, yes, but far from always.
you made several off-hand assumptions in your post above, without investing an hour of your time to review the material.
once you sit down and watch the information, it will all come clear and save me 1,000s of wasted words here
how many times have you read posts here where this guy or that one laments how they got faked out, killed, faded a rally or selloff all day, couldn't read price today, etc?
what I shared there in public for FREE is one partial solution to that mass cry for help. It is a highly effective price-direction filter which helps identify trend days AND helps identify range-chop days as well.
from there, whatever actual trade-entry = execution method someone already uses is what they pick their specific trade entries from.
I'm pretty sure that for all who invest their time to watch the video and glean (FREE) information will be time well spent for themselves
Quote from austinp:
you made several off-hand assumptions in your post above, without investing an hour of your time to review the material.
once you sit down and watch the information, it will all come clear and save me 1,000s of wasted words here
how many times have you read posts here where this guy or that one laments how they got faked out, killed, faded a rally or selloff all day, couldn't read price today, etc?
what I shared there in public for FREE is one partial solution to that mass cry for help. It is a highly effective price-direction filter which helps identify trend days AND helps identify range-chop days as well.
from there, whatever actual trade-entry = execution method someone already uses is what they pick their specific trade entries from.
I'm pretty sure that for all who invest their time to watch the video and glean (FREE) information will be time well spent for themselves
I will watch it as soon as I can and post my honest evaluation.
God... You guys are all a bunch of idiots...
Follow the rule "Keep it simple, stupid..."
I define current trend as a 10 range breakout/breakdown and a 20 range breakout/breakdown. Confirmation signal at 15 and 25 handles.
The 20 range VERY rarely headfakes.
If you do swing trades you have to use projections and estimate the tops/bottoms and calculate them out before the turn... Because when the market turns and breaks range into the next trade cycle it will do it so fast you won't have time to react. You HAVE to be positioned before a move to catch it.
Sometimes the market will swing a little bit as it's pushing for the breakout/breakdown... But more often than not it just breaks out and beelines straight into the next trade cycle.
There are good range breakout strategies... But, It's not my type of trading. I like playing bottoms/tops or scalping cycles.
Very simple way to define current trend. There ya go!
My current analysis is that we are reaching the end of this cycle. We either turn here or 10 points higher, but I don't expect us to retrace as much as the previous times... Another 50 points down again isn't in the cards without a catalyst.
If there is no QE3 at the fed meeting at the end of the month... Sure, make it a 80 handle breakdown that trade cycle...
Follow the rule "Keep it simple, stupid..."
I define current trend as a 10 range breakout/breakdown and a 20 range breakout/breakdown. Confirmation signal at 15 and 25 handles.
The 20 range VERY rarely headfakes.
If you do swing trades you have to use projections and estimate the tops/bottoms and calculate them out before the turn... Because when the market turns and breaks range into the next trade cycle it will do it so fast you won't have time to react. You HAVE to be positioned before a move to catch it.
Sometimes the market will swing a little bit as it's pushing for the breakout/breakdown... But more often than not it just breaks out and beelines straight into the next trade cycle.
There are good range breakout strategies... But, It's not my type of trading. I like playing bottoms/tops or scalping cycles.
Very simple way to define current trend. There ya go!
My current analysis is that we are reaching the end of this cycle. We either turn here or 10 points higher, but I don't expect us to retrace as much as the previous times... Another 50 points down again isn't in the cards without a catalyst.
If there is no QE3 at the fed meeting at the end of the month... Sure, make it a 80 handle breakdown that trade cycle...
Your "keep it simple" is different than my "keep it simple".....doesn't make me an idiot and you a genius
Quote from RangeTrader:
God... You guys are all a bunch of idiots...
Follow the rule "Keep it simple, stupid..."
I define current trend as a 10 range breakout/breakdown and a 20 range breakout/breakdown. Confirmation signal at 15 and 25 handles.
The 20 range VERY rarely headfakes.
If you do swing trades you have to use projections and estimate the tops/bottoms and calculate them out before the turn... Because when the market turns and breaks range into the next trade cycle it will do it so fast you won't have time to react. You HAVE to be positioned before a move to catch it.
Sometimes the market will swing a little bit as it's pushing for the breakout/breakdown... But more often than not it just breaks out and beelines straight into the next trade cycle.
There are good range breakout strategies... But, It's not my type of trading. I like playing bottoms/tops or scalping cycles.
Very simple way to define current trend. There ya go!
My current analysis is that we are reaching the end of this cycle. We either turn here or 10 points higher, but I don't expect us to retrace as much as the previous times... Another 50 points down again isn't in the cards without a catalyst.
If there is no QE3 at the fed meeting at the end of the month... Sure, make it a 80 handle breakdown that trade cycle...
Quote from R. Raskolnikov:
Your "keep it simple" is different than my "keep it simple".....doesn't make me an idiot and you a genius
I wasn't talking to you. I was talking to the other douchebags.
You seem chill so far. And, no... Jack Hershey you are not on my Douchebag list either.I think you have a good system... But, struggle with the primary problem traders have... Emotion. (That was to Jack.)
This RangeTrader dude is probably the biggest idiot I've seen in a long time in ET.
At least trolls get banned but this obnoxious guy is here to stay.
At least trolls get banned but this obnoxious guy is here to stay.
Like candy from a baby