Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
6E- 1440 min chart, 6E - babypowder's library. TLB entry filled at .4141. Circle represents strong confluence (target area).
Looking way back assessment for Stop and Profit, 6E - babypowder's library.
Hey Mug,
I think checking out Suri's webinar if you have not already did. Being that TLB can be a triangle/wedge/dragon pattern when you add 2 TL. It's funny there are many names derived from this.
Vote now for who should win the contest! Vote for the thread and author who you believe has created the best thread in the spirit of the contest, with emphasis on the thread which has educated you or helped you the most with your …
6E- 1440 min chart, 6E - babypowder's library. Our pullback entry play short will be set short at .4398 (the OB low). You see a OB form at a held TL. As for the TLB entry play the position was liquidated as earlier mentioned when price made a TLB passed the top TL which it did for a -450 tick. Note: 1 of the main reason we should wait for a pullback entry once the TLB is triggered. But I wanted to record both entries as there are many different styles of trading.
You are risking -450 ticks on a single 6E trade? You guys must have seriously huge accounts! I trade the 6E with a 3 tick stop. You guys are out of my league!
Nah I wish I can trade an acct in which 450 tick equals 1-2%. But if you read the entire thread. You can see due to my limited time I can only check back in EOD. So instead of just giving examples everyday in hindsight. I wanted to give a live example of the setup which can only be in daily TF's. Also, I'm recording 2 different entries aggressive (TLB) and conservative (pullback TLB). I'll continue recording the conservative setup which should be triggered. But for the small account guys check out the ES in a 1 min TF with this method.