Timothy Bond

Currently learning to day trade ES.

[Timothy Bond @TimothyBon194]

One of the added bonuses about sitting in runners is you have plenty of time to study! In the past I've dreaded trading after breakouts but last week demonstrated that you can still trade FBDs almost everyday, even when relentlessly grinding higher. It was a masterclass in trading the "multi-touch shelf" type FBDs. Will no longer dread trading after breakouts. Here are some notes for anyone interested.

[Timothy Bond @TimothyBon194]

@LinusEkenstam Got any solutions?

[Timothy Bond @TimothyBon194]

@PaulFra52017625 @LinusEkenstam What does shortly mean? Years, decades, centuries or millenia away?

[Timothy Bond @TimothyBon194]

@Gonzolo14 @JKThompsonES @AdamMancini4 I think its harder if you can't trade with enough size to hold runner and run the system properly. Otherwise it invites overtrading and taking lower quality entries. Ideally 8micros minimum imo, assuming 15pt stop, that $600 risk. Can do 4 or 6 but harder imo.

[Timothy Bond @TimothyBon194]

Macro FBD, significant mode 1 red day at the time, look for price to bounce ~20pt at major level ideally, thereby creating a significant low within the selloff, then wait for that low to flush and recover. You often get a couple of 10-20pt bounces during mode 1 red, but for me trading those bounces often lead to losses or only 1 level moves. Better to apply the first statement. Ideally the bounce occurs at a macro significant low for confluence. Didn't get that ystd at 75 tho.

[Timothy Bond @TimothyBon194]

@PermaFader @AdamMancini4 Eyeing the same 32-34 shelf (wouldn't be if I'd taken a trade on Sunday but currently flat here)

[Timothy Bond @TimothyBon194]

Trick is to gauge the volatility state (in low volatility be patient, can be more aggressive in higher vol), either way, wait for an increase in momentum as we push through, or lift off from the level. A 10min close in high volatility can be far above the level. No one size fits all unfortunately. Gauging the entry is the real skill part of this system IMO.

[Timothy Bond @TimothyBon194]

@AndreeaSte4 @Uncultured_Man @AdamMancini4 Here's trade recap from last week. Not sure what the problem is. Most trade ideas were given out in advance via the Newsletter or if not via tweet. Thats not to say its easy, it certainly isn't.

[Timothy Bond @TimothyBon194]

@ajayc11 Yup, English Texan

[Timothy Bond @TimothyBon194]

@ajayc11 @AdamMancini4 I've been posting trade recap videos here if you're interested. Not always exactly per NL as I'm often recording before NL comes out but for the most part pretty close. https://t.co/8aX4a052MF

[Timothy Bond @TimothyBon194]

@jpmanx03 @AdamMancini4 I had to eat a loss on that one. Heres my take on it
https://t.co/mrTJWOhWaU

[Timothy Bond @TimothyBon194]

@kevinc2114 @AdamMancini4 The trap was so slow though. Could have easily woke up to a full stop if you'd held. Over a large sample size of the same PA, I think that was the right decision (even thou you would be up and done on this one).

[Timothy Bond @TimothyBon194]

Trade Recap for today, in this video I discuss the 6876 FBD shortly after the open. A straight forward trade, identified ahead of time during the pre-market prep live stream.
https://t.co/gSrc6U506F

[Timothy Bond @TimothyBon194]

Same here regarding T2. Only thought on reflection was the long hold around/slightly above 60 before this occurs is a red flag... but idk. Also agree with you regarding NAP that "triggered" (or not) later. Again, perhaps its just getting better at ready the vol. I dont mind the loss, no one said its 100% win rate. Just trying to understand better, especially when to stay flat.

[Timothy Bond @TimothyBon194]

@D5star_general @N7alphafarmer @AdamMancini4 Good luck, hope 46-49 holds for you!

[Timothy Bond @TimothyBon194]

@RobMcCabe627263 @N7alphafarmer @AdamMancini4 Price returning to the level from below, dipping, returning etc. Go check out Adams methodology page for full breakdown. Also have some videos on YT channel if you need a visual.
https://t.co/XX2FzmPkME

[Timothy Bond @TimothyBon194]

I got trapped too. Reviewing from my perspective, was good acceptance, I was just too eager with my entry, should have given it a few minutes above 78. Buying pressure was diminishing as we pushed thru the level and we never got an impulsive high energy reclaim. 10pt stop for me... ouch

[Timothy Bond @TimothyBon194]

@Nealosis @AdamMancini4 No, thats not what he said.

[Timothy Bond @TimothyBon194]

@EvedHaMashiach @AdamMancini4 I took it and got 1 level. I should have scratched second tranche at b/e given conditions

[Timothy Bond @TimothyBon194]

Probably a good idea. Personally I don't plot every level (just the trade plan) so I don't have that on my chart, I will just use the recent structure thats there at 06 for entry level, but all levels are zones anyway so would likely enter around 07 or a little above. (Not an expert opinion)

[Timothy Bond @TimothyBon194]

@jack556617 @AdamMancini4 I think i'd wait for 06 to clear personally, too close to 02 to get a trim for me.