@1ChartMaster How do you like to position with earnings so close? Great entry, easy risk level LOD, but if no move before earnings seems risky to hold into it. p.s. hope your recovery is better, you the man
@EricSeiler7 Hey Eric. Curious, what gave you the confidence to bid 39? I felt really good about the support at that level but didn't pull trigger till 46 when it showed more acceptance. Interested to get your insight as I'm still learning FBDs thank you https://t.co/pmOiilGSWq
@BrunnerTrades@AdamMancini4 Seems like just a matter of screen time and getting the 'real time feel'f for FBDs and when to enter. I notice that if I enter late, I just need to accept the higher risk of draw down from stop loss below FBD level (5725)
@BrunnerTrades@AdamMancini4 Same with me. I was looking for a sharp FBD with a wick and instead we just got a slow and steady sell down then buy right back up on 45 min candles (no wicks). Adding this type of FBD pattern variation to my mental map for future!
@3PeaksTrading Jason, have you seen this book from Nate Silver? Talks about probability risk assessments in everyday life. Seems right up your alley https://t.co/qINUsJnTS5
@BeefPockets@AdamMancini4 Yeah even for entires 15 min works well. Check out yesterday's FBD -- the 3rd 15 min candle at 1:30 pm is a hammer on 5615 ... clear entry. Versus first candle at 1:00 pm and second at 1:15 min would've been difficult to decipher on a 5 min chart view. Just my perspective tho
@BeefPockets@AdamMancini4 What has worked well for me is only 15 min candles. 5/10 min is just too low time frame. Once I switched to 15 min only, I saw the FBDs better. Just 2 cents in case that helps
@AdamMancini4@Tien_1000 On a reclaim trade, would you manage your stop in the same standard way … 7-11 below the reclaimed level? I know for failed breakdown it’s the lowest low in the structure, but curious on reclaim — thanks and happy friday