@OnTheHooch I thought we had okay acceptance / held above a 2-3 point zone for a couple minutes (didn’t use NAP bc we had acceptance). Feel like I never lose a trade on NAP but always lose if I enter in that 5 point zone.
Looking forward to NL today. FWIW, I like your tweets. Good insight.
@AdamMancini4 Took the 27FBD. Thought we had acceptance and held above a 2-3 point buffer for a couple minutes. But clearly I was wrong. Should’ve just used NAP, I don’t think I’ve lost a trade with that principle. Look forward to the NL today. Appreciate your work! HAGW.
@AdamMancini4 Would the 63 FBD (yesterday low) be in play? Or is that more of a level reclaim? Missed the move this morning but don’t want to really chase. To me probably not really worth it as that is lower quality
@AdamMancini4 Hey Adam. This is my first text at summer trading. Is it usually this slow? Felt like you were in that trade for a long time (began subscribing in August last year). I know you say you aren’t in a hurry if price isn’t moving so maybe in this summer, this is what to expect.
@AdamMancini4 Hey Adam - on these retests, is it usually an auto buy in the morning if it triggered overnight / ran to first TP but price is currently where the initial entry would be? I have a hard time judging when it’s fine and when to pass (might come w experience). Thanks!
@eldnitj@AdamMancini4@JKThompsonES He is in Canada and for tax purposes, they do it a bit different (don’t think FIFO applies to futures there).
I’ve found people just have 2 accounts, one for runners and one for FBD trades. All works the same
@AdamMancini4 Hey Adam - I see we have a few touches at the 84ish level. When do you determine a shelf needs to clear (in this case, 84) in addition to a significant low (of 77) ?
@AdamMancini4 Hey AM. Just curious why you opted for the 02 reclaim as opposed to the FBD of 09? Given the 09/10 went for 40 points, why wouldn’t you wait for that level to clear? Obviously both worked
@AdamMancini4 Hey Adam. I see you took the direct bid/backtest of the 02. How often do you take these direct bid / supports. I know you say you are a FBD trader, so are these only a handful of times a year?
@upandown007@tradivate@AdamMancini4 Wow That is so impressive. You were also the only one to say no chance we get to 7120 and now we are up 150 points from there.
@AdamMancini4 Hey Adam, love the NL. Any reason why 7135 not a tradeable level (2 touch shelf)? Is that bc it’s in between a couple of better levels / already used up at this point?
@AdamMancini4 Any reason why you wouldn’t use 5pt zone with 52? We had a couple touches there, but see you only waited for the 5 point danger zone on the 48
@AdamMancini4 When we have an sig low plus major level that needs to be reclaimed, would you use non acceptance protocol on the level (I.e., pt buffer at 6597)? Or simply wait for 6592 to clear (since it’s 7 points above the sig low)? Or is that only for a shelf w another significant low?
@AdamMancini4@Porterhous90889 Was the 6603 too quick for you? I took it and made some points 7. But looking back/reviewing, i might’ve pulled the trigger too quick (got 13>20 after we held above the 5 point zone for a couple min)
@AdamMancini4 Hey Adam. Love the NL. Is the 17 low at about 2:50 PM CT actionable? Or are those lows from tape bombs more random / do you discredit them?