The Tao of Minimalistic Trading: $300 Daily Profit

[jimmiebarton]

u trying to separate reversals that don't work from those that do. U have a model of a lot of reversals that didn't work. Study it until you know why they failed. When you get that then u can develop a list of prerequisites for reversals.

“If you know the enemy and know yourself, you need not fear the result of a hundred battles. If you know yourself but not the enemy, for every victory gained you will also suffer a defeat. If you know neither the enemy nor yourself, you will succumb in every battle.”
― Sun Tzu, The Art of War

 

[schizo]

Short 68.50

SL 75.75
PT 35.75

 

[schizo]

I plan to stick with this one trade for today. Old age and sleep deprivation don't mix.

You're free to share your trades.

 

[jimmiebarton]

Nice entry Schiz...almost took that same trade...now wish I had.

Going for 30+..a bit out of character for a dyed-in-wool scalper?

 

[jimmiebarton]

L 1962.50

 

[jimmiebarton]

This selloff is way ahead of itself. Wouldn't surprise me a ramp into the weekend.

 

[jimmiebarton]

ADD L 57

 

[jimmiebarton]

ADD L 57.25

 

[Zodiac4u]

ADD L 57

The bad Part about todays move is if you look at the (daily) volume, it does not stand out in magnitude compared to other days. This does not appear good for ES.

 

[jimmiebarton]

The bad Part about todays move is if you look at todays volume, it doesn't not stand out in magnitude compared to other days. This does not appear good for ES.

You would expect a spike in VOL if buyers are coming in?

We need an 1980 if we have a chance at a retrace into Fri close.