Is this a U-Turn Trade? - From the Trading the Open Webinar by Earl

[Is this a U-Turn Trade? - From the Trading the Open Webinar by Earl]

Many thanks @Erwann

[Is this a U-Turn Trade? - From the Trading the Open Webinar by Earl]

1 hour ago, Earl Damron said:

What’s your dark line in the chart area that shows volume @Pedro Pereira?

That dark blue line is the ATR

[Is this a U-Turn Trade? - From the Trading the Open Webinar by Earl]

Got to work on my pacience and persistence...

 

[Is this a U-Turn Trade? - From the Trading the Open Webinar by Earl]

Good evening (night here - 11:00 pm),

Hope your today´s meeting was productive.

I think @Alastair has some good topics to discuss.

Since i trade during my regular job, i will be limited using voice in Zoom, maybe texting, if it´s possible with Zoom, or in Discord (we could create a server for the group).

[Is this a U-Turn Trade? - From the Trading the Open Webinar by Earl]

On 8/21/2021 at 2:01 AM, Earl Damron said:

I trade with a few members of the community every morning via Zoom

Hi Earl,

Is there room for more traders?

[DAS Trader Pro vs. IBKR Lite]

Thanks @peterB

[DAS Trader Pro vs. IBKR Lite]

Hi,

I'm trading with TWS (IBKR PRO) and i'm thinking to switch to DAS PRO.

Still a couple of doubts remain, related to market data and fee/order. Really appreciate if someone could help.

 

1 - Das Pro come with live market data and level 2 subscriptions? (all i need for day trading). If so, can i cancel all the subscriptions i have on IBKR? (so i don't pay twice)

 

2 - When i trade with DAS, will i continue to pay the fee per order from IBKR? Or DAS have other comissions? 

[Is this a U-Turn Trade? - From the Trading the Open Webinar by Earl]

My Reverse U-Turn for today on $PLTR. Unfortunately didn't made a big down run...

[Is this a U-Turn Trade? - From the Trading the Open Webinar by Earl]

2 hours ago, Earl Damron said:

Hey guys!  It’s Earl.  

Feel free to email me directly and we can chat ([email protected]).  

I didn’t even realize this thread was here.  I’ll look over these posts and reply very soon.

Thanks

Thanks Earl, really appreciate some orientation.

[Is this a U-Turn Trade? - From the Trading the Open Webinar by Earl]

Here are my first experiments with this setups.

 

- Pullback to stacked EMA´s:

(went out to early)

 

- U-Turn:

(late entry; partial at around $240,50; stoped out at BE)

 

(1st try: stoped out; 2nd try: stoped out; didn´t try the 3rd time because i´ve already hit my max daily loss, but it did work a little, at least for $0,30 )

 

I will continue to try and improve here.

[Is this a U-Turn Trade? - From the Trading the Open Webinar by Earl]

Hello CliffG,

I've watched to that Earl's webinar, wich i like a lot, and i´ve started practicing those setups too.

In your charts, what is the PCL? The purple dashed line?

I think in the $C case, i think the EMA´s were not properly ordered for the long side.

In the $NVDA case, althought it doesn´t make a big run, it would work ok if you partial at $198 and eventualy stoped out at BE.

[Introduce Yourself!]

Hello BBT,

My name is Pedro, I'm from Portugal.

I'm new to trading. I practiced for 2 months in SIM (April  and May) and start live since June with small size just to get used. I'm trading in part-time at this moment, but want to do this full-time when i can be consistently profitable. Still looking to get break even...

Hope i can get all the help an knowlege here with this comunity.

Hugs,

Pedro.