Jay

Learning how to trade

[Jay @justjay_s]

@AdamMancini4 Thanks Adam, appreciate it.

[Adam Mancini @AdamMancini4]

@ruiqiwt @gambotage They represent a rate of change or certain balance between buyers and sellers. When a line fails it means something in the equilibrium shifted

[Jay @justjay_s]

@AdamMancini4 @Josephdix2 Hey Adam, thanks for your guidance. Stalking 07 FBD now?

[Adam Mancini @AdamMancini4]

@ashwagamma We'll see! I find the mornings during early consolidation phases price likes to go a couple levels then fail before the afternoon rip, as we saw yesterday

[Jay @justjay_s]

@AdamMancini4 @upandown007 In downtrends when long term portfolio suffers, the FBD day trading one shines. That's how I understand it ;)

[Adam Mancini @AdamMancini4]

@PermaFader I didn't take that one - I don't like failed breakdowns at the top of structure like that especially when its lopsided. I'm extremely picky as everyone knows though, lots of good entries that I pass on

[Jay @justjay_s]

@AdamMancini4 @DeadtownTrading True :)))

[Adam Mancini @AdamMancini4]

@EyeMordor @T_Ngo_T High volume rallies are actually bearish because it usually means there is distribution going on inside that volume

[Adam Mancini @AdamMancini4]

@options_tlh Yes for sure. Most Failed Breakdowns are the non-acceptance protocol as I write in the newsletter. Acceptance should be dramatic and easy to spot and if you don't see it just use the non-acceptance prtocol. Usually acceptance only appears on deep 10+ point Failed Breakdowns

[Jay @justjay_s]

@AdamMancini4 @Sergej80406550 Hi Adam, fbd of overnight low actionable please? Thanks

[Jay @justjay_s]

@AdamMancini4 @GR41067012 Took the recovery of 25 from the newsletter. Thanks for that, Adam.

[Jeannine @Jeannin65408671]

@AdamMancini4 Adam, Can you confirm this as the set up you use for RSI per your methodology section?

[Adam Mancini @AdamMancini4]

@305HRHitter @dozocrypto If price is pushing into a zone I'll usually just take it a point or two infront. Sometimes I'll wait and see the reaction is price moving really slow. Oftentimes price will reject and I'll have exit lower on the way down which is fine

[Jay @justjay_s]

@zero_baalance @AdamMancini4 Thank you mate. Appreciate the comprehensive reply. Would be OK if I DM you with a couple more questions? I like how you customised and nailed Adam's system and would love to chat with you about acceptance. Thanks again

[Jay @justjay_s]

@zero_baalance @AdamMancini4 Interesting with the fixed 1st PT and thanks for sharing, appreciate it. Is your starting maximum SL also fixed, eg at 15 for a full position like Adam's?

[Jay @justjay_s]

@zero_baalance @AdamMancini4 Thanks for your reply, nah it's all good. I had my tp at 87 which we didn't hit (nearest next lvl up was actually 88). Wondering what made you take profits at 86? Thanks

[Jay @justjay_s]

@AdamMancini4 @PartiotSmith Would this gap up potentially make the 35-40 flush and recovery a better long than it was at the time of writing the newsletter, Adam? Thanks. Have a good week everyone.

[Jay @justjay_s]

@FURS7393 @AdamMancini4 Yourself?