Thanks, Joseph. 5 days ago, you answered my question about the test, which gave me some inspiration. I sorted out the PA I learned and reviewed it. It is very useful, thank you very much
I recently retired and move to WI. My wife and I were unboxing old boxes of books and guess what I came across? An old copy of 'Reading Price Charts Bar By Bar - The Technical Analysis Of Price Action For The Serious Trader'! That made my day! This video was very helpful, thank you. I really like how you repeat the same kind of lessons to be learned day after day. I look forward to the day I can anticipate what you're going to say ahead of time as a matter of muscle memory! Thanks Joseph, TK
Thanks for sharing that you didn't take trades today. I appreciate that because it helps with our psychology that not everyday we need to take a trade which is really hard for people like me. Also, could you share a little more about your own trading plan. Has your plan changed since you began trading and if so in what way? What are your preferable setups and you only look for those? Or do you just trade based off price action? Also if you could go a little more into detail how a bad stop entry is a good limit trade on your next review that would be great. Thank you Joseph.
These are good questions that I will try to make separate videos on in the future. The stop order vs. limit order question is a great one. I will probably not share too much on my personal trading style, at least for now, but I will talk more about trading plans in general.
you are doing so much work, that's very very helpful. Could you please add your or how you get in a bar what is your expectation, what is your exit place or condition, or is it scalp or a swing for that trade. It would be very benificial because I usually see a lots of entries from Al but dont know how to proper manage all of them
@ thank you Joseph, I know this one is quite complicated. In your future video (I do not mean to demand anything), could you please touch what you want to see (bull trend bar) or not want to see (doji or weak trend bar) or you plan to get out (bear reversal bar) on the entry bar after a buy signal. And I suppose if the bad entry bar got the follow through (another bear bar), do you exit early or rely on your stop. For me usually I stop early but also get frustrated when the trend resume in my direction.
Thanks for your videos…. You've helped me a lot. You're excellent at explaining and very clear in your explanations I'm curious, how can you be sure that the trend in B3 won't reverse? More broadly, How do you determine if a trend is likely to continue or reverse?
There are ways to assess strength of trends and of the pullbacks but it might be a little subjective. The biggest things are to judge momentum and leg count.
Thanks, Joseph. 5 days ago, you answered my question about the test, which gave me some inspiration. I sorted out the PA I learned and reviewed it. It is very useful, thank you very much
Thanks for another awesome review!
thank u so much Jo!
Thanks Jo🎉 for the review
Joseph can't thank you enough for the work you do. The way you explain PA is easy and clear. That's a gift my friend.
Thank you!
I recently retired and move to WI. My wife and I were unboxing old boxes of books and guess what I came across? An old copy of 'Reading Price Charts Bar By Bar - The Technical Analysis Of Price Action For The Serious Trader'! That made my day! This video was very helpful, thank you. I really like how you repeat the same kind of lessons to be learned day after day. I look forward to the day I can anticipate what you're going to say ahead of time as a matter of muscle memory! Thanks Joseph, TK
That's awesome! You will get there, I started by watching Al and Brad's EoD recaps, then found that my own reviews started to sound a lot like Brad's.
Thank You!
I also was about to buy above the micro double bottom bull reversal bar 19 but canceled my order last second just like you.
Thanks for sharing that you didn't take trades today. I appreciate that because it helps with our psychology that not everyday we need to take a trade which is really hard for people like me. Also, could you share a little more about your own trading plan. Has your plan changed since you began trading and if so in what way? What are your preferable setups and you only look for those? Or do you just trade based off price action? Also if you could go a little more into detail how a bad stop entry is a good limit trade on your next review that would be great. Thank you Joseph.
These are good questions that I will try to make separate videos on in the future. The stop order vs. limit order question is a great one. I will probably not share too much on my personal trading style, at least for now, but I will talk more about trading plans in general.
you are doing so much work, that's very very helpful. Could you please add your or how you get in a bar what is your expectation, what is your exit place or condition, or is it scalp or a swing for that trade. It would be very benificial because I usually see a lots of entries from Al but dont know how to proper manage all of them
This is a very complex question. I will touch on trade management in more detail in future videos. Please feel free to leave more specific questions.
@ thank you Joseph, I know this one is quite complicated. In your future video (I do not mean to demand anything), could you please touch what you want to see (bull trend bar) or not want to see (doji or weak trend bar) or you plan to get out (bear reversal bar) on the entry bar after a buy signal. And I suppose if the bad entry bar got the follow through (another bear bar), do you exit early or rely on your stop. For me usually I stop early but also get frustrated when the trend resume in my direction.
Thanks for your videos…. You've helped me a lot. You're excellent at explaining and very clear in your explanations
I'm curious, how can you be sure that the trend in B3 won't reverse? More broadly, How do you determine if a trend is likely to continue or reverse?
There are ways to assess strength of trends and of the pullbacks but it might be a little subjective. The biggest things are to judge momentum and leg count.
daily chart 4 bear bars in a row then a huge bull surprise bar. 8 of the last 10 bars were bear bars. this market is whackadoo