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Price is everything

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  • Post #31,381
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  • Jun 18, 2023 5:05pm Jun 18, 2023 5:05pm
  •  Rufus
  • Joined Feb 2009 | Status: Illegitimi non carborundum | 3,523 Posts
One of my top trades for the year so far. Also, a great milestone.

I added to the position on two occasions when my emotions were screaming "TAKE THE PROFIT". Closed just before earnings.

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Illegitimi non carborundum - Noli pati a scelestis opprimi.
 
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  • Post #31,382
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  • Edited 1:40pm Jun 25, 2023 7:27am | Edited 1:40pm
  •  Robertk
  • | Joined Jul 2011 | Status: Member | 1,347 Posts
Quoting Rufus
Disliked
One of my top trades for the year so far. Also, a great milestone. I added to the position on two occasions when my emotions were screaming "TAKE THE PROFIT". Closed just before earnings. {image}
Ignored
{ virus risk deleted by staff }
 
1
  • Post #31,383
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  • Edited 9:09am Jun 25, 2023 8:58am | Edited 9:09am
  •  fex
  • | Membership Revoked | Joined Dec 2012 | 884 Posts
Thank you very much Roberts ! seems to be the best method for trading i hope for this year
Newbie trader
 
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  • Post #31,384
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  • Jul 7, 2023 3:46pm Jul 7, 2023 3:46pm
  •  shuckle
  • | Joined May 2022 | Status: Member | 46 Posts
Just here to pay respects. This week I removed all the noise and various "concepts" from my system. Focusing 100% on price levels / structure from here on out. It doesn't have to be complicated. Some nice W1 / D1 / H4 levels, some clean H1 / M15 execution around them.

It has been way too long man. I literally feel a weight being lifted off of my shoulders.
The market is just people buying and selling. Don't sweat it
 
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  • Post #31,385
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  • Jul 8, 2023 4:21pm Jul 8, 2023 4:21pm
  •  Rufus
  • Joined Feb 2009 | Status: Illegitimi non carborundum | 3,523 Posts
Quoting shuckle
Disliked
Just here to pay respects. This week I removed all the noise and various "concepts" from my system. Focusing 100% on price levels / structure from here on out. It doesn't have to be complicated. Some nice W1 / D1 / H4 levels, some clean H1 / M15 execution around them. It has been way too long man. I literally feel a weight being lifted off of my shoulders.
Ignored
Bravo

For my trading, simplicity has been the key.
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This one was a good runner for a little while but hit my trailing stop day before yesterday. Plan worked perfectly.

I love trading stocks that are breaking all time highs. Nothing to the left to get in the way. Might be able to re-enter this in the coming days.
Illegitimi non carborundum - Noli pati a scelestis opprimi.
 
 
  • Post #31,386
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  • Aug 13, 2023 4:57am Aug 13, 2023 4:57am
  •  syzreelhkl
  • | Joined Jun 2023 | Status: Junior Member | 4 Posts
Reason support + rally base rally
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  • Post #31,387
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  • Aug 14, 2023 7:05am Aug 14, 2023 7:05am
  •  syzreelhkl
  • | Joined Jun 2023 | Status: Junior Member | 4 Posts
Level QM + Dabel Maru
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  • Post #31,388
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  • Aug 29, 2023 7:18pm Aug 29, 2023 7:18pm
  •  fxbaloo
  • | Joined Aug 2023 | Status: Junior Member | 4 Posts
Sad to see no engagement in this gem of a thread.

Here is my chart.
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  • Post #31,389
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  • Aug 30, 2023 4:49am Aug 30, 2023 4:49am
  •  ahmetdemir
  • | Joined Apr 2015 | Status: Member | 10 Posts
Quoting shuckle
Disliked
Just here to pay respects. This week I removed all the noise and various "concepts" from my system. Focusing 100% on price levels / structure from here on out. It doesn't have to be complicated. Some nice W1 / D1 / H4 levels, some clean H1 / M15 execution around them. It has been way too long man. I literally feel a weight being lifted off of my shoulders.
Ignored
I congratulate you. I think this is the secret of success.
 
 
  • Post #31,390
  • Quote
  • Sep 11, 2023 7:00am Sep 11, 2023 7:00am
  •  HM.Gerald
  • | Joined Sep 2023 | Status: Member | 11 Posts
Quoting HiddenGap
Disliked
Candles light a path in the darkness. But to light a candle, you need a wick. I am looking forward to seeing more charts and discussion about your trades. Welcome. Some food for thought. Wouldn't a bearish engulfing pattern where the candle being engulfed also had a long upper shadow (wick), likely be more reliabe?
Ignored
Personally, I prefer considering the patterns of candlesticks to forecast the price and I saw it works. Do you have any suggestion for me? I am a newbie actually.
 
 
  • Post #31,391
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  • Sep 17, 2023 5:56am Sep 17, 2023 5:56am
  •  Alvin0
  • | Joined Sep 2023 | Status: Member | 8 Posts
I always try to read candlesticks because what I feel is the patterns of candlesticks can give you a better forcast on the price. Do you feel it is corrent?
 
 
  • Post #31,392
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  • Nov 19, 2023 12:28pm Nov 19, 2023 12:28pm
  •  Qjenski
  • | New Member | Status: Junior Member | 1 Post
Quoting Rufus
Disliked
{quote} Bravo For my trading, simplicity has been the key.{image} This one was a good runner for a little while but hit my trailing stop day before yesterday. Plan worked perfectly. I love trading stocks that are breaking all time highs. Nothing to the left to get in the way. Might be able to re-enter this in the coming days.
Ignored
Hey I am new for forum and looking for red sword's articles but as i saw they are multiple and randomly placed.Do you know how can i read his books and sayings properly.Thanks.
 
 
  • Post #31,393
  • Quote
  • Nov 27, 2023 7:37am Nov 27, 2023 7:37am
  •  Rufus
  • Joined Feb 2009 | Status: Illegitimi non carborundum | 3,523 Posts
Quoting Qjenski
Disliked
{quote} Hey I am new for forum and looking for red sword's articles but as i saw they are multiple and randomly placed.Do you know how can i read his books and sayings properly.Thanks.
Ignored
About the only thing you can do is start from the beginning and read through to the end. This is an incredible thread, I am thankful to have been a part of it while it was growing.
Illegitimi non carborundum - Noli pati a scelestis opprimi.
 
1
  • Post #31,394
  • Quote
  • Nov 27, 2023 9:34am Nov 27, 2023 9:34am
  •  Lou
  • Joined Mar 2004 | Status: Senior Member | 1,521 Posts
Quoting Qjenski
Disliked
{quote} Hey I am new for forum and looking for red sword's articles but as i saw they are multiple and randomly placed.Do you know how can i read his books and sayings properly.Thanks.
Ignored
Try this...
Find a post of his. Click on his avatar .. upper left of post. That should bring you to his page with info showing the number of his posts and whether there are attachments . Click on the post selection and you will get to a list with explanation of each of his posts.. then clicking on an individual post , that will come up.
 
 
  • Post #31,395
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  • Last Post: Nov 27, 2023 10:01am Nov 27, 2023 10:01am
  •  rehmatkhan00
  • | Joined Jan 2021 | Status: Member | 237 Posts
If you know price action really well, you cannot only predict the future movement but can also predict what kind of fundamentals news will come
 
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