Example of Trading range with lots of over lapping price action finally yielding two back to back longs. EDIT: I see I did not snap the price scale in the first pi - this is a 5 minute chart and it was two separate trades. image image

Plan the Trade

Thus far none of the e-micro experiments, to my knowledge, have resulted in a liquid market. Liquidity is vital for small trader profitability. I think that the best way for anyone to come to the NQ is to save up at least $500 - that will allow you ...

Plan the Trade

While typing that post above, a second leg in the pullback with a retrace buy set up in the form of a 2B with trend long ...

Plan the Trade

Here is a picture. Always read charts from left to right. One mistake I made for much of my career was reading the chart backwards (right to left) and then I wondered why I could always identify these wonderful set ups after the fact but they never ...

Plan the Trade

I think you are asking too much. If you are looking for a mechanical rule set, the only way I know to accomplsih what you are looking for is to do some sort of breakout system where the market buys the highest high of the last x number of bars, e.g. ...

Plan the Trade

A scalp is quick trade, with entry and exit withi a few bars of one another. A swing trade is held for a longer duration and for a larger extent. We both scalp within a swing ... that is the nature scalping. A swing trader probably would be long ...

Plan the Trade

I’m on the go and on the road ... closed up for the day at noon. I’ll post a pic and answer later tonight.

Plan the Trade

Here's a good video from AL Brooks ... I cued it up to start after all the "blah, blah, blah" in the beginning by the host. url

Plan the Trade

You, me, and just about every amateur who heads into the market seeking his or her fortune.

Plan the Trade

Supply/demand strategies are great, especially for intraday swing trading where you are trying to capture the meat of a move. I use such strategies myself. There is a guy out there on other forums goes by the handle dbphoenix. He has a lot of good ...

Plan the Trade

I lurk at another trading forum where all the ES traders but two have been shorting this thing all day. Two traders are long, everyone else is short lol. Some are een adding to their shorts as the market moves against them. Arm yourselves with ...

Plan the Trade

Great Satori! Everyone will likely find a chart interval that works best for him- or herself. For some it will be a 20 or 30 second chart, while others might rather swing trade on the daily chart, and everything in between. Find you set ups and your ...

Plan the Trade

The one way trend days are the easiest so long as you are cured of the retail amateur's illness known as reversalphilia - amateurs love reversals because they think they are "low risk, high reward" trades. The problem as we now know is that 80% of ...

Plan the Trade

I use mozilla firefox and search for a youtube downloader extension. There are usually a few free choices out there. Then you install the downloader extension to fire fox and you can download the videos to you computer.

Plan the Trade

I keep them book marked on my phone and I listen to them in my car - frequently! I knew that being away from trading for a while I would not be as disciplined as in the past. I also know from the past I have a tendency to constantly tweak things and ...

Plan the Trade

Nice, erasmus!

Plan the Trade

Absolutely it works! The pullback scalps I do came directly from an insight Al Brooks shares in his books and his trading course. Now, the question is can the individual trader make it work for him- or herself? Well, that is where emotional ...

Plan the Trade

It's Monday ... whether you are sim or live, it is a great day to start tracking your trades in order to identify and then close the profit gap! image

Plan the Trade

Exactly ... bar by bar with no thought to the flow and context is a non-starter for me as well. Even the bar by bar gurus rely on trend, trading ranges, channels, higher highs/higher lows, support/resistance, etc.

Plan the Trade

Al Brooks Al Brooks's "Bar by Bar" book is full of good information about day trading the US Equity markets. It is, unfortunately, very poorly written after the first chapter or so. But it is worth one's time. Even better than his book is his video ...

Plan the Trade