Top Pick Trading Forum

Strange, what you are describing is not unique to trading. I have been reading the book "The Art of Learning" by Josh Waitzkin. He was at one time the youngest chess world champion in the US and inspired the film "Searching for Bobby Fischer". He later went on to win several World Championships in ...

I have downloaded the market replay data for month of Jan of ES 03-22 contract. When I run the market replay for any dates, it always starts at the current time without any of the previous night or days data. This does not allow marking any previous overnight highs or lows. And, I just have to sit ...

I'm curious to know how many here are trading their own personal accounts vs those trading an Eval or PA account. I currently have 2 PA and 2 Eval accounts. Strategy is to take 0-4 trades each day and hopefully inch towards passing additional Evals in the future. I have set max stop loss per day at ...

I usually avoid trading towards the end of the day, but this seemed like a pretty good setup.

It is not a 2ES by the tick, but I was looking at it from a big picture view

Good signal bar
Enough room to lows
At the beginning of measured move
Below EMA

https://imgur.com/a/4yqxmpV

Any thoughts?

Thanks chrundle.

I am assuming this exercise and the time invested must have really helped with your trading as well?

Thanks for the feedback, Eric.

Did I miss any other obvious ones or included a bad one?

One thing that would keep me from taking this trade is that I tend to go for setups with ideally 2 clear well defined legs down. A minute tick up (as in this case) always makes me hesitate in case a 2nd leg down forms - just like it did in this case.

Thank you for the feedback.

Price had been trending up until it reached Open price. Congestion followed.
Noticed a double top with the price rushing below EMA.
A 2EL near the top seemed like an idea place for a failure.
Scalped 4 points on 2 contracts.
But, we are in a range.
Was it better to avoid this trade?