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)
Greetings fellow traders, I've decided to start my own thread. I've been a member for a few days and have posted a couple of trades on the "Price Action Mack Style" Thread. Although I've traded for many years I'm a part time discretionary trader who trades for a hobby. I will be posting trades as I see them. Have a great day, JP.
Shorted at 23711 after seeing a strong selling candle. Waited for a retrace then went short on the second red candle. Target was hit at 23664. I was not able to post live during this trade as I was attending another matter. 91 ticks in the positive today.
Also, at approx 2:08 est I most likely would have bought the market as PA touched support (Lt. Blue Rectangle).
Thanks Rassi, I manually draw my S/R based on what I see on my charts. After more than 10 years of trading it seems second nature. Please feel free to post any charts or trades. Thanks again for your post, JP.
i also like to look for divergence using the 2 period, 2 smooth RSI. Especially when PA meets R/S. It's similar to having a tool that measures Delta. This chart shows a good divergence (yellow arrows) at support around 2:08 pm,est, JP.