Happy with that, hope everyone has had a good day trading! Hello Bulls.

When I was in Russia great post make you [Thank you ]

It seems like this trade failed ages ago. It happens, trades fail, don't allow cognitive dissonance to keep them alive! Cognitive dissonance comes from a tendency to seek consistency among attitudes, thoughts, and beliefs. When beliefs agree, there ...

I haven't been here for a while and glad to see you're still here Pat and contributing to this thread. Your posts are pure Nat Gas!!

I'm still expecting price to continue in its bearish trajectory, however the break below last weeks range has not shown much strength and price is starting to round. Although I am still bearish until price starts making HH and HL there are signs of ...

I was wrong yesterday, I did not pay enough attention to the lack of volume in what I labelled as tests, these were actually signs of weakness, the low volume suggesting an absence of interested buyers. After the failed bullish breakout (UTAD) it ...

Nice break above structure, so far conforming to Wyckoff accumulation theory, now in phase E. Very strong bullish candles prior to breakout is a good sign of strength and hopefully that strength will continue and price will trend higher - already ...

Agreed, I have sketched a potential accumulation scenario but not convinced yet.

Bottom starting to round, although not discounting a break of the low and more downside.

Before a move up I think there will be a lengthy accumulation period - especially as there is no fundamental reason for price to move up - pivot points identifying a range on the daily what I’m currently waiting for. The break out of accumulation ...

Bulls, don’t jump the gun.

Hi Mysterio, I have been working on this aspect of my trading a lot recently and have shared the general approach I take below. It is a sheet I wrote for myself so please bear that in mind, I know you can calculate odds! Nevertheless I hope this ...

IMHO trading is nothing more than glorified gambling, if 1 out of 5 S&R hold that gives a 20% chance of winning so with a RR of 4-1 you would need to win once for every 4 losses to BE, however if you pick a key S&R level (like 1.3 when that broke or ...

Bear in full control, would wait until series of HH and HL on Daily or a solid reversal pattern on H4 confirmed by huge volume before going long. Bottom could be anywhere!

I’m not clever enough to predict when it will turn so just try to avoid doing anything too original and go with the most obvious action. When we have a series of lower lows and lower highs I will close my longs and sell.

In buy mode, for now..

I’m short but not too excited given it’s one red candle after many green (on Heikin Ashi at least). However if this is a lower high I’m hoping to scale in until we make a lower low and then see what happens PA wise.

When I have laid bait for deer, I don’t shoot at the first doe that comes to sniff, but wait until the whole herd has gathered round. Otto von Bismarck, 1815–1898 Waiting for a red candle to short.. Not a great time to act now.