What Are High Probability Setups (HPS)?

[GoldSilverReview]

Hi, is that slow or fast stochastics? Ever us RSI for overbought/sold conditions? Also, what about position sizing? Thanks for the great video and setup tips! Thumbsup!

[mikethemoneymaker]

DTRS/ John, overall I think you offer a good service and videos will help people generate Income & Appreciation capital. So Bravo to you! I would now like to deconstruct that horrible CHS trade and maybe even help you avoid calling stocks like it "High Probability Set"ups in the future. A CHS look back of 6 months clearly shows a "Market Structure Organizational" downtrend while broader S&P equities are clearly "MSO" trending higher.CHS tested previous support & failed twice with (Continued)

[mikethemoneymaker]

@mikethemoneymaker Daily 20, 50, 100 150, 200 EMA's trending downward. You must ask yourself" ' with the S&P 500/ SPY clearly trending upward their must certainly be much better choices than CHS. Actually almost any upward MSO trending stock would have been a better choice. CHS in my humble opinion was at best a bad counter trend trade call that did not even qualify as a mathematical working Technical Analysis Long side trade at all. I think this a good study. Have a nice day

[mikethemoneymaker]

@mikethemoneymaker Sorry, I meant to use CSH as Cash America International's symbol and NOT chs.

[DayTraderRockStar]

IQ charts



[jusprag24]

I know you've said it but what program are you using for charting in these videos?

[sirtwi]

thanks johnny

[CoderDBF]

I had to pause it halfway, the audio is making me want to pull my hair out!!! You say you're a radio host? What the fuck man! I don't want to hear you breath, swallow or hesitate and you're too close to the mic.

That being said, I really liked what you said about being a robot. I myself am way too emotional. Also the stock moves over night so when I spot a potential, the stock already changed the following morning which cuts my profit, how do you deal with that?

[DayTraderRockStar]

@CoderDBF Yeah i was recording from a different location cheap mic and probably late night and quiet will remember the comment and tighten up the audio

[yvan2505]

@CoderDBF you could ask politely, the guy is doing this for free.. if you dont like, dont watch its simple as that. what do you expect, do you want a sugar with that?

[CoderDBF]

@yvan2505 I didn't think I was being mean... It's called constructive feedback. By telling him what can be improved he can get more subscribers. ;-)

[telepathyah]

Sorry meant to use question marks... Typing from my droid.

[telepathyah]

Dtrs, are you still using patterns, like falling wedge etc. or are you mainly looking at stochastics these days. many of your previous videos have patterns in conjuction with stochastics. Have you changed your methods some or was this video specifically focused.

[DayTraderRockStar]

@telepathyah patterns are a important part of the method stochastics are number one and the layering is just a more refined method to get better timing, but want to have the recognized pattern as well to complete the multiple indicator buy signal Stochastics, Trend Lines, Recognizable patterns, Support and Resistance and possibly reversal candles and ema's 20-50-200

[CupofPhenol]

Hi Rockstar, what trading software are you using in this video?

[bsee214]

The charts are from IQ Charts

[mcspirit]

Thanks

[MutantKush]

What is this program you're using?

[MutantKush]

Thank you for making these videos