The Day Trading Thread

[volpri]

Some more comments. This is what I am talking about when I say reading the pressures.

Patterns form in the context of immediate pressures and other larger patterns. Probability can be gauged by correct reading of the pressures and patterns and their location within the larger context.

 

[MarkBrown]

I may have inadvertently hijacked the thread with my lovely hand annotated charts that speak to some traders and probably get laughed at by others but then I noticed it is a thread on daytrading the indexes which is what I do so maybe I am ok?? LOL

I appreciate your post very much and actually enjoy the explanations. I think your descriptions are very concise, clear and to the point - very informative. It is clear you have a mastery in an area that I myself never put the time into to learn.

Thank you, volpri

 

[SimpleMeLike]

got in before the breakout

Yes, here is a trade i am stalking now trying to get in before the breakout, but have some minor resistance in my way.

I like getting in before breakout as well.

 

[destriero]

Yes, here is a trade i am stalking now trying to get in before the breakout, but have some minor resistance in my way.

I like getting in before breakout as well.


View attachment 203743

At least someone on this thread has some skin in the game. 17 pages of worthless hindsight chart analysis.

 

[SimpleMeLike]

I too MUST thank volpri 2400 times because that is the amount in usd i made because of one of his comments....'that this move will continue because there was no climax' this is a very valid point.
though often a move just dies without any climax...
i shorted eurusd in the American session because there was no climax and got in before the breakout see the chartsView attachment 203732 View attachment 203733

That was a good trade padutrader,

Just for clarification, did you short at the green arrow below?

 

[volpri]

I appreciate your post very much and actually enjoy the explanations. I think your descriptions are very concise, clear and to the point - very informative. It is clear you have a mastery in an area that I myself never put the time into to learn.

Thank you, volpri

You are welcome.

 

[SimpleMeLike]

ok , i am long at the green arrow. Let see if bulls going to break this thing out. If not I am taking a losss

 

[SimpleMeLike]

There it goes. Now break damitt

 

[volpri]

Padu actually does make some very good PA comments from time to time if folks will listen. Perhaps his wording is different and may be taken wrong by some???

 

[SimpleMeLike]

Comeeeeee on break through. go higher pleaseeee