triple top, 3 drives to a top you can call it whatever, I missed the 1st setup because I was sleeping at 11:30, I opened the charts looked at it and got short. No need to think too much into it, RSI is going down price will follow.

Jankone M5 thread

LOL, Never played a lot in the past but a few 100. My biggest worry is getting hammered and blowing a LOT of money haha, that's why I have a 1500 a day limit on my debt card Let me talk to my brother and see if he can get something comped out in ...

james16 Chart Thread

Man when I was in Golf Port seeing my brother I got $100 out and never even played, I had no edge on anything and I knew I was just going to lose so I walked around lol. I think it's because I lost so much in the past in the market now I can control ...

james16 Chart Thread

And to back up my point, here is my 1 trade today that made me 4% and I really don't care how it worked or what else was going on, I made money and that's my job

james16 Chart Thread

I am not sure about that, I made well over 6 figures a year not knowing support and resistance lol It just takes being good at reading PRICE and knowing what setups work for you and how to manage them. I know people that KILL me on telling me ...

james16 Chart Thread

I was sleeping, you are thinking too much into it and I would of took the one before it as well. The more RULES you add into it the harder it is, PB with Divergence = trade that is it no magic.

Jankone M5 thread

Short @ 1.4744 Stop at 10 points for that, target was 20 points lower.

Jankone M5 thread

If you do not see the divergence you are missing the boat, looks at RSI on a LINE ON CLOSE chart with price and tell me that rsi goes lower and price goes higher, market is sideways and a PB = take the trade. BTW out +20 or 4% gain...

Jankone M5 thread

Trade I am currently in..

Jankone M5 thread

I still use just the 5min but it does work on all times I have seen. It's not magic it's just PA with divergence or with trend.

Jankone M5 thread

Hey thanks man that means a lot and why I post here.

james16 Chart Thread

That is so true, lots of people that master what they do get into the market and expact the same. The people that do the worst are the Doctors / teachers / and IT type people because the job is the same thing over and over and the market is not ...

james16 Chart Thread

I take that turd pick back, 10 risk for 20 reward so I did get a trade in today

james16 Chart Thread

Good post and a few pro's I trade with and watch get into this stuff very deep, they count bars, do EW counts and work 18 hour days still and have been for 20+ years and its all they know. I do well maybe make 3-5% less and work 3-6 hour days ...

james16 Chart Thread

Ya it's so slow I got a screen next to my tv to watch it, I dont even sit in my office anymore lol

james16 Chart Thread

My take — on this weeks market action on the 5min... Please see attached chart.

james16 Chart Thread

Nice to see you guys doing well, nothing new to add just stopping by. Let me know if you have any questions and I will try to help.

Jankone M5 thread

I count the bars it takes to make a new high and new low the that shows if it's strong or not, same as using time.

Jankone M5 thread

I just have my broker on a cell phone, also I always put in stops the same time I place my trade I have been burned before on that years ago and it was easy to fix. The only risk I have now is when I adjust my stops but over the years the GOOD ...

james16 Chart Thread

I hope you don't trade that far zoomed in, I know from when I started out I would zoom WAY in to make crap trades look good, that's back in the 90%+ loss days

james16 Chart Thread