Leaning on the short side so far today.

Distribution. Failure at highs, then tested, now lower.

Bigger picture (on this chart, this timeframe) is distribution on building bearish momentum.

TheTradeSlinger 

Distribution. Failure at highs, then tested, now lower. Bigger picture (on this chart, this timeframe) is distribution on building bearish momentum.

It's all technical.

Flags on increasing bearish or bullish momo are some of the best signals.

The market is always set up to technically do what it's going to do next.

If you didn't see this coming today, ask yourself, "Am I guessing, or do I truly understand technicals and market context?".

Lak nailed it this morning: "yeah mid 70s on this distribution". Is he guessing? Nope. It's levels, context, and execution.

My levels and context are there, I need to work on execution (namely, holding to my targets).

Steadily grinding day by day.

ES should pop the highs if it hasn't by the time I get this posted.

Recorded a video of today's session, but I have to now focus on non-trading related things the rest of the day (rendering video takes FOREVER, I know hardware plays a role, but I think I may be using the wrong settings, will try to figure this out soon).

I will record tomorrow's session and make a video (hopefully its a profitable day ha!).



Levels, levels, levels.

S/R levels, accum/distr, patterns, momentum progression.

Ahh no video today, yesterday's secondary focus took much longer than I expected.

Looking to record each session next week.

Should be fun!

Recorded and making video of scalping the open.

Video dropping soon.

Scalping the Open

A few quick scalps on @ES.

Been a while since making a video, going to make more and get better at editing!

From Don Miller:

Quoting 

The most taught trade management strategy is: "What if I'm wrong?" Yet from a trade optimizing perspective: I choose "What if I'm right?" Think about it.

Very enlightening to look at it from that perspective.

Play to win, don't play to not lose.

Danger Zone Scalping

Missed the early morning move, and had to leave soon after these few quick scalps.

Bigger profits, more fun coming soon.