At certain times in my journey I've vacillated on the benefits of algo trading versus manual trading. The benefits of algo trading are undeniable, in my opinion. Consistency. No need to be chained to a desk. However I've also decided that even the ...

Nope. I was wrong. Might be time to put your entire net worth into DOGE.

Straight up it went. Now will it go up for a second day? Or chop some more? Are you still short?

[quote=Pocae;14362451] You're using an M1 chart to support the view (possibly) shown by your D1 and H4 charts? Amazing. Oh, and it's a different instrument too, technically. Well, I think it's a no-brainer that price is ...

Pro tips!

Is the bullish deep crab a bearish signal? If so you really nailed it. 😂

Not the turnaround I was expecting, so. Fairly negative outlook.

video

Tuesday will be a textbook 'Turnaround' Tuesday setup. If it doesn't materialize then I expect fear keeps things suppressed for a long while.

So where will it be at a certain time? I'm seeing so much FUD (fear, uncertainty, doubt) on the internet about SBV that I think there's maybe a 1/3 chance that it doesn't go anywhere for several days, but frustrates the bearish inflows. It might gap ...

The next book is 'Machine Trading' by Ernest P. Chan, but it's a doozy. You thought Kaufmann was an esoteric quantitative type? You haven't seen anything yet. I'm not sure how to handle it. Do you prefer drinking straight from the firehose or do you ...

Is all this bank failure chatter just background noise?

Now it's crashing. Look out below, this could be historic.

You see here that price reached the notable level of 1.0566. 2 days before both the high and the low were ABOVE this entry level. Is there a reason to reject this signal? EURUSD H1

Review A fascinating little book. Very quick read. I trimmed more than I usually do because it's a chatty, narrative type of book and we've really had our fill of those, I hope you agree. However if you want to know more about the whole thing it's ...

Taking Profit "POP: My trade programs allow me to take profits after three adds upon a third wave of movement. The third wave usually is the strongest, and that is where I get out of the elevator on the 14th floor rather than ride to the 18th floor ...

Day Trading Most of what is advised is no longer relevant. Except it is still true that you must be swift to take a loss when the Fed is ready to speak. Plan for surprises by never overtrading. Cloud Hopping Charts can deceive. Something that worked ...

Rule #1 tells you two things 1. Be confident, but be humble enough to admit when you are wrong. 2. Put only part of the position on. Scale in because if you're wrong then you can get out at a smaller loss. If you're right, you can lay on your whole ...