Just a rant

[SunTrader]

But there's one problem. This ain't no proper breakout. Look to the left of the chart. There's nothing to base the breakout off of.

This is a proper breakout.

View attachment 327885

For those looking for a "proper breakout" yes I agree.

I don't look for it. Like I posted previously, I look for a break below the -high close bar- low.

But nothing to base it off of? What I posted was nothing? Really? I'm not hurt lol just surprised you don't see what I see.

Anyway others can wait for further confirmation down below. The high not holding is all I need.

 

[SunTrader]

Also look what happened at that previous swing high. Same damn thing close below - high bar close bar - low. Then $5 drop.

 

[schizo]

But nothing to base it off of? What I posted was nothing? Really? I'm not hurt lol just surprised you don't see what I see.

What I meant was, there should be a reference point that serves as a "resistance" that you break out of. In your case, there was no resistance level (to the left).

 

[SunTrader]

What I meant was, there should be a reference point that serves as a "resistance" that you break out of. In your case, there was no resistance level (to the left).

Disagree.

Resistance is always above - at least IMO.

 

[ironchef]

I'm glad to know. My buddies at Virtu are also telling me they're revamping their entire algos over the weekend.

Glad to know. I am also revamping my entire algos over the weekend.

But who cares about my revamping, I am an amateur retail, revamp because I am tired of providing liquidity.

 

[ironchef]

Glad to know. I am also revamping my entire algos over the weekend.

But who cares about my revamping, I am an amateur retail, revamp because I am tired of providing liquidity.

Just kidding. I have no algos, not even indicators or bars, just shapes.

 

[mikeriley]

Full Disclaimer : I am currently a Losing Trader so far of about -$4,800 on the fiscal year of 2023. Let's see how the next 2 months go. My comments are not worth a penny with a hole in it because I am losing trader right now

I'm sorry to hear that, but we both know why.
Simply because you refuse to get educated.

I dare you to follow the teachings of ICT

Here's one of his easiest trades called the SILVER BULLET.

 

[SimpleMeLike]

I'm sorry to hear that, but we both know why.
Simply because you refuse to get educated.

I dare you to follow the teachings of ICT

Here's one of his easiest trades called the SILVER BULLET.

View attachment 327918

Hello mikeriley,

No sorry needed sir. Thank you. I post my disclaimer not for sympathy but for transparency so people know they are reading from a losing trader for the year so far.

I am doing very good in my trading. Very good.


Full Disclaimer : I am currently a Losing Trader so far of about -$4,800 on the fiscal year of 2023. Let's see how the next 2 months go. My comments are not worth a penny with a hole in it because I am losing trader right now

 

[semperfrosty]

+1.

my friend at citadel said they are redoing all their algos now. It’s all hands on deck there to update the models before tomorrow morning.

10/10! hahaha

 

[semperfrosty]

Hello mikeriley,

No sorry needed sir. Thank you. I post my disclaimer not for sympathy but for transparency so people know they are reading from a losing trader for the year so far.

I am doing very good in my trading. Very good.


Full Disclaimer : I am currently a Losing Trader so far of about -$4,800 on the fiscal year of 2023. Let's see how the next 2 months go. My comments are not worth a penny with a hole in it because I am losing trader right now

There's minus 14 grand before this year isnt there? That I remember.

Also,when you begin to read and understand you will realise what a fiscal year is.

No hate,and I agree with MR that it is simply a self education issue.