Category Archives for "Basics"

Five Rules For Higher-Edge Breakout Trades

Five Rules For Higher-Edge Breakout Trades​As traders, there isn’t much better than catching a nice breakout.  The problem, as we all know, is that most breakout attempts don’t really go anywhere and you end up getting stopped out pretty quickly.However, if you follow a few rules, you can better distinguish between breakout attempts that are […]

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Example Of A Reversal Point And A Confluence Trade Setup

Example Of A Reversal Pattern And A “Confluence” Trade SetupThis brief video shows a couple of interesting examples.One is a reversal pattern that is relatively common.  The second example is what we would call a “confluence” pattern that can be used for trade entry.  It’s a situation where several pieces of evidence come together at […]

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What Is The Runaway Gap Trade? Examples From CL, ES, NQ

What Is The Runaway Gap Trade?  Examples From CL, ES, NQ​Today offered a few examples of a trade we call the “runaway gap trade”.   It’s an aggressive trade that works only a bit more than 50% of the time.  But, when it does work, the moves tend to be pretty good.  This brief video explains […]

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4 Trailing Stop Techniques For Holding Winners Longer

4 Trailing Stop Techniques For Holding Winning Trades Longer Trade exit can be a tricky puzzle.  I mean, you’re rarely (if ever) going to be perfect and that can be frustrating.The best we can hope for is to be able to put the market in context (to determine when it makes more sense to go for […]

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Box By Box Replay: “2 Out Of 3” Logic Example In the ES

Box By Box Decision Making Logic: “Two Out Of Three” Concept. ES Example. In this video, I do a “replay” of sorts to show you the logic (from the right edge of the chart) behind the “2 out of 3” methodology.1) An explanation at what you’re looking at.2) A couple examples of how you can systematically […]

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Webinar Replay: “Beyond Luck: Using The 2 Out Of 3 Method For A Repeatable Edge”

Webinar Replay: “Beyond Luck: Using The 2 Out Of 3 Method For A Repeatable Day Trading Edge.Here is a replay of a webinar that I presented the other day.It’s called “Beyond Luck: Finding A Repeatable Edge Using the 2 Out Of 3 Method” – I discuss a key mistake I used to make and that I see […]

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Explanation and Examples Of The “Two Out Of Three” Concept. NQ Example.

Explanation & Example: “Two Out Of Three” Concept.  Using NQ Example. ​​Do you feel like you’re dependent on luck when you enter a trade?  If so, that’s tough emotionally (I’ve been there).  It also means you don’t have an edge you can trust.  In this video, I explain the “2 out of 3” concept using an example […]

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Two Techniques For Identifying Potential Reversals…Based On Extreme Aggression Bars

Two Techniques For Identifying Potential Reversals In Your Day Trading​Because today was a relatively volatile day, with several major reversals, I thought it might be good to discuss a couple of techniques that help in identifying them. Both are based on “extreme” aggression bars, which are also explained.Click below to view…

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Do You Have A Repeatable Process For Making Trading Decisions?

Do You Have A Repeatable Process For Making Trading Decisions?How do you quantify your edge?  Are you able to?  And, how do you know if it’s real and repeatable?  That’s what this video is about. We’ve probably all experienced the horrible feeling that is putting on a trade and then feeling like it’s just a matter […]

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