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Showing content with the highest reputation on 03/05/2021 in all areas

  1. 1 point
    Stock: NIO Result: -1R loss Strategy: ABCD Long/Short: Long Why did you take the trade?: NIO looked really strong and made a great open. I waited for a pull back and then after seeing it hold 9EMA on the 1 min took an entry with a stop back below the 9EMA. What happened next?: The price fell and I was stopped out. NIO rolled over from here and sold off heavily along with the rest of the market. How did you feel after taking the trade?: Quite calm, but still with this feeling that I really suck at ABCD patterns. There is a big wick right before my entry - should that resistance have put me off? I'm interested if others can see reasons to not take this trade that I didn't see at the time. What did you do well?: I can't think of much. Used a stop, set enough room for it to work. What can you improve on?: ABCD patterns in-totum.
  2. 1 point
    Superb work on that first NCLH trade! Where was your stop? The problem for me getting in at the break of a range is I'm never sure where the stop goes. 50% back up into the range seems about right but not sure.
  3. 1 point
    This is something I want to experiment with. Right now I have 1 min, 5 min, 15 min and daily on a 2x2 grid. They all play a part, but starting to wonder if I should have 1, 2 and 5 full size then half space for the less-commonly useful daily and 15 min.
  4. 1 point
    Long DefShare=BP*0.97;Price=Price-StopPrice;SShare=20/Price;Share=DefShare-SShare;DefShare=DefShare+SShare;SShare=Share;Sshare=DefShare-SShare;Share=0.5*SShare; SShare=Share;Share=Price*100; Price=StopPrice; DefShare=Price*100; Price=Share/100; Price=Price+StopPrice; StopPrice=Price; Share=SShare; TogSShare; Price=Price;TIF=DAY+;Route=Stop;StopType=Market; Buy=Send; Share=DefShare;Price=Share/100; StopPrice=Price; DefShare=400;TriggerOrder=RT:STOP STOPTYPE:MARKET PX:StopPrice-0 ACT:SELL STOPPRICE:StopPrice QTY:Pos TIF:DAY+; Short DefShare=BP*0.95;Price=StopPrice-Price;SShare=30/Price;Share=DefShare-SShare;DefShare=DefShare+SShare;SShare=Share;Sshare=DefShare-SShare;Share=0.5*SShare; SShare=Share;Share=Price*100; Price=StopPrice; DefShare=Price*100; Price=Share/100; Price=StopPrice-Price; StopPrice=Price; Share=SShare; TogSShare; Price=Price;TIF=DAY+;Route=Stop;StopType=Market; Sell=Send; Share=DefShare;Price=Share/100; StopPrice=Price; DefShare=400;TriggerOrder=RT:STOP STOPTYPE:MARKET PX:StopPrice-0 ACT:BUY STOPPRICE:StopPrice QTY:Pos TIF:DAY+;
  5. 1 point
    Stock: NCLH Result: +1.5R profit Strategy: Lightning bolt Long/Short: Short Why did you take the trade?: Having seen NCLH drop to VWAP and then sort of dead cat bounce I was watching for a break below VWAP which would set up the lightning bolt. It did break below VWAP and I took my entry short with a stop back above VWAP. What happened next?: The price continued to fall below VWAP. I took 50% partial at 2R (so 1R banked), and then took the rest out after seeing the price recover. The second partial is probably coming off it too early, you've potentially still got an ABCD short setting up for the second partial but I wasn't feeling the price action. It was also late in the session and I had things I needed to go do, so I figured just come off it, bank and shut down for the day. How did you feel after taking the trade?: Quite pleased, obviously! I'm pleased I was patient waiting for my entry. At the same time a little disappointed that the stock didn't continue to sell off below VWAP. After my first partial I was really expecting a continued sell off, no support levels to bounce off, clean black space to drop into. It didn't happen (after this picture this price actually sprung back up above VWAP!) What did you do well?: Waited for my entry. What can you improve on?: I guess being more patient waiting for later partials to develop.
  6. 1 point
    Hi Adam, Long time lurker of this thread. I think this is a good entry if it fits your thesis and things just happen. However, for me, I probably would wait until it makes a new 1 min low for the entry. In addition, I am not sure if you use 2 min chart, it does not look very well for a short on it. Just my 2 cents. Keep at the good work.
  7. 1 point
    Cheers Michael. So much still to do... For the trades you've posted here. I like the second one more than the first! I'm becoming aware of taking trades around VWAP (I assume the big blue line is VWAP). Peter on his lightning bolt webinar says he never takes a trade the first time a stock pushes through VWAP. Your second trade is actually a sort of lightning bolt which seems to have made a lot more sense. Unlucky not getting out with partials on it, but it moved in your way and at least it was the right call. The first trade - if it's just broken VWAP then you're at an inflection point I think, things become uncertain. I don't think your stop was too tight - you've just got a bit of a late entry. I wonder how much the spread caused how low that red arrow is? Sometimes I'll enter thinking I'm getting a great entry but then I don't notice the spread and it dumps the arrow waaaay down the candle.
  8. 1 point
    The icons were done in Illustrator, I've added a share link to the file because the forum doesn't support zip or illustrator file types. Enjoy! Original icon file Jason
  9. 1 point
    Hey FDO, The simplest way is to create hotkeys in DAS and then use the keyboard shortcut option in the streamdeck setup.
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