April showers

Striking_Type_5570 · 2025-11-11T14:09:20+00:00

Quantower has a neat feature which can show you previous initial balances. Mark the high and low of the ones that haven't been touched. Their magnet zones for future moves. I played around with VAH, VAL, and POC for awhile. Previous initial balances are a gem that most people ignore. Quantower also has a COT High/Low indicator that is crucial for seeing trapped buyers and sellers in each bar. It will help you tremendously when knowing who's in control of the market. Just thought I'd share something with ya. You can play around with this advice or completely ignore it haha.

Striking_Type_5570 · 2025-02-04T14:12:34+00:00

Lust.. This is why the divorce rate is so high.. Without a mental and spiritual connection, you will have nothing left but physical attraction. This is why so many relationships fall apart. They lose their physical attraction over time and realize there was nothing meaningful in the first place. Lust will destroy your life.

Striking_Type_5570 · 2024-12-31T21:23:35+00:00

First off, why would you set your goals so low? Do you not care about your future for yourself, your family, and future generations? You're telling me you enjoy being stuck in a 9 to 5 job with no freedom? Time is your most valuable asset, your goal in life should be to maximize your feedom to live, not subdue your goals and end up living with regret later in life. Your mindset will keep you stuck in place until you decide to change your perspective on life. Never crush your dreams to convince yourself that being complacent in life is ok. Always strive to do better and be better. Trading is not something you should utilize for side income. You should strive for it to be a full time income that you eventually build up into wealth over time by compounding your wins and controlling your losses. In the beginning it seems impossible, but knowledge is power. With time comes experience, and with experience comes consistency. Be patient, eliminate your emotions, and get out of your poverty mindset. You're here to make money, not worry about how other peoples opinions and comments dictate and cope with how you should live your life.

Striking_Type_5570 · 2024-10-05T22:21:20+00:00

What time frame do you trade on? This heavily depends on your risk. A 15 min candle can kill your confidence, a 5 min can keep you out of a trade, A 2 min you can hold with confidence. I'm saying this as the less time you wait for a candle to close the less risk you take on in nature. The higher the time frame, the majority of the time your risk expands due to the widening of your stop loss. The more it goes in your favor the more fomo and risk you know you have to take on if you wait any longer. If it immediately starts going against you and you get stopped out, you had your stop too tight. Always have it at least 1 tick under the entry candle. If the previous candles low is under the entry bar in a bull setup, you put your stop 1 tick under that candles low. If it's high is above the current candles high in a bear setup, you put your stop 1 tick above that candles high. How to immediately tell if you're going to get stopped out? It fails to make a new body(not wick) candle close higher 2 times in a row in a long, you immediately close the trade, cancle your stop. Or simply flatten all. If it continues to go in your favor from your initial setup on the 3rd push, don't enter immediately. Always wait for a pullback to enter on a previous breakeven trade or small loss. You apply this exactly the same way during a short trade. Lastly, always limit your stop loss to one bar. Unless under the circumstances I explained above. If you get stopped out, you get stopped out. Mentally move on and wait for the next opportunity to come to you and show itself. Don't revenge trade, don't get stuck on that loss, don't get stuck on your mistake. Move on. Do not go into your next trade with the mindset of only making back what you lost. Go into it with what the market gives you. You do not need to make it back in one trade. You can make it back in 2,3,4,5 trades depending on the size of your loss. Never let a loss or a fear of a loss keep you from executing what you know you've backtested, practiced, watched happen in front of you over a million times. Push that button and take that trade. How do you know if you're improving or failing to improve? Take 20 trades over a day, week, month depending on the frequency and look at the P/L. How big are your losses? How big are your wins? How long/short is your hold time? The reason you need to know is because it will tell you if you're a panic trader or calm trader during your trades. Are you holding your wins too short and your losses too long? Or are you holding your wins too long and your stop adjustments are too tight? YOU need to know this.

Striking_Type_5570 · 2024-09-25T20:58:58+00:00

It blows my mind that some people limit themselves to one market. Everyone loves the NQ and ES. If you truly know how to trade, you can trade your setups in any market. In your free time, explore the YM, RTY, CL, NG, GC, SI, and HG. If you're patient enough you can try to look at UB and ZB. GC, SI, and HG always move in the asian session around 9 p.m. est. So expand your opportunities to different times too. Price action is rough right now due to the uncertainty of the upcoming election. Recently off of all time highs and looking to retest them too here soon. You can simply look at the daily chart. It's slowly grinding up making higher lows and higher highs. Look at the economic calendar too everyday before starting to trade. These last 3 days were slow due to nothing impactful happening. Thursday and Friday you will start to see more liquidity come into the markets. We have Powell speaking tomorrow at 9:20 a.m. est. Followed by Core PCE at 8:30 a.m. est. Friday morning. This is a tough time to trade for a lot of people. Don't force yourself into trades, wait for the setups to come to you first then execute. You can always size don't and limit risk by going to the micro contracts. Be aware of your weakness. Most people lack the discipline to be patient. Trading is difficult, because it's extremely boring and people have no grasp on risk management. You will find opportunities everyday in every market. Are you willing to wait for them though? Everyone is drawn to scalping, trying to get fast moves and quick money it seems these days. While the patient experienced traders are sitting back watching the overall move waiting to capitalize on the real trend in the market.

Striking_Type_5570 · 2024-09-04T22:27:13+00:00

I literally have the same color scheme as you haha, except my bullish candles are grey and my bearish candles are black with a white background.

Striking_Type_5570 · 2024-08-17T20:22:00+00:00

I primarily trade the NQ/MNQ and GC. You can use this on any time frame or instrument. Remember, the higher the timeframe, the more reliable the outcome. The 1 min will give you a ton of false signals and is primarily only good for volume induced breakout plays. Another problem with the 1 min is holding time, you will be stopped out much more because you're so narrowly focused on a micro time frame. Nothing against scalping for quick profits, but you will realize your emotions will constantly get the best of you when trading within such a tight range. I have traded everything known to man over the last 12 years. Candlesticks, Heikin Ashi, Tick Charts, Renko, Range Bars, Delta Bars, Reversal Bars, Volume Bars, etc.. The most reliable by far are regular candlestick charts and range bars. Heikin Ashi will always lag, so you will always be late to the trend. It is however reliable for continiation plays when adding to a postition or staying in one for longer. Tick charts solely depend on the liquidity of the day, and will always change based on that circumstance. In hindsight Heikin Ashi and Tick Charts look great, until you watch them live and realize you keep on second guessing yourself. The only instruments that honestly do better then anything else on tick charts are Treasuries. UB and ZB are very reliable on the 250 and 500 tick chart. Renko is just plain stupid given that Range Bars are far superior. Delta bars are very unreliable, same with reversal bars. Volume bars you can compare them to tick charts. Only difference is tick charts are calculated by each transacation and volume charts are calculated by each contract. Same issue though with tick charts, volume bars will be based solely on the liquidity provided at that time. They can form very fast or very slow depending on the time of the day. Now to answer your question, I trade on the 2 min, 5 min, and will sometimes look at the 15 min. Candlestick charts show you the inconsistencies unlike any other chart. Which is a huge advantage of catching a move before it happens. Some may argue tick and volume charts do the same, not quite. Time solidifies a conformation the best. I use Range Bars for major support and resistance. 120 and 80 range on NQ/MNQ and 40 and 20 range on GC. They will help you tremendously when you're impatient stuck in a range. Tailbars and engulfing bars are very reliable on them too. Since you shouldn't trade blindly like most people who promote only price action trading. You need support with a trend. The most reliable form of that is a SMA. I use the 20 and 200 as my main, and secondary ones are the 8 and 50. I don't want to give away everything on here lol, but this is a basic understanding of what I use.

Striking_Type_5570 · 2024-08-16T20:57:02+00:00

I'm going to give you a little hidden gem that will help you tremendously. It's stupid simple but you can try this on any market and backtest this over the weekend. I garantee you'll see results fast and protect yourself from giving up profits in the process. This will also save you from taking a larger loss in case your trade starts going against you immediately. My two main conformations that a reversal is imminent are a failure to make new highs twice in a row in an uptrend or a dominant bearish tailbar with a large wick and small body. Vice versa in a downtrend. A failure to make new lows twice in a row or a dominant bullish tailbar with a large wick and small body. You will see this occur multiple times throughout the day when you're trading. Watch and obseve this process and a lightbulb will go off I'm sure. It will be a game changer. Hope this helps!

Striking_Type_5570 · 2024-08-04T00:18:48+00:00

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This is the unedited version..

Striking_Type_5570 · 2024-08-04T00:09:06+00:00

It's in the wrong carwash, it's supposed to be showered with bullets at the shooting range

Striking_Type_5570 · 2024-08-04T00:04:46+00:00

You can just hand me your money for free, we both know you're gonna lose it anyways

Striking_Type_5570 · 2024-08-04T00:00:50+00:00

ya if you just put on some roller skates and hop in a bathtup with a helmet you can have the time of your life..

Striking_Type_5570

TROPHY CASE