How to trade High Probability Set ups Part 3

[DayTradersWin]

Ran accross your video - friend and subscribe for wealth building videos - day trader, day trading, day trade

[airplaneking]

what software is that chart?

[Saskiaquellecitrus]

I thought this guy was a joker after seeing him throw books all over his room in another clip. However, I looked up the trades and most of them developed as he anticipated them to. I'm subscribing for sure!

[maximumvalues]

---- BLK ---- thanks for that one. never had that on my radar. like a possible bounce to 219-20 in next 2 weeks. im not going long. im bidding on some APRIL 190 PUTS. consider the possibility of ABC corrective on the weekly. 240 to 200 to 220 to 180. this 3 wave pattern repeats in many stocks with FLAT 80SMA WEEKLY averages. the 80SMA is $172. so long as it stays under 220 in the next few weeks id say it goes to 180 or lower.

[maximumvalues]

--- MTD ---- im short this one at $100. it may bounce this week getting off oversold. it says lower and makes sense. they make commercial scales. business is faltering. the stock is priced high and offers no dividend. stocks that offer little growth opportunity and no dividend are worth watching. once they start falling the momentum can be fierce.

[maximumvalues]

CTV ... great trade! the candle tells alot sometimes. the dragonfly doji seems to be quite reliable for reversals.

[maximumvalues]

thanks FOR TAKING YOUR TIME to produce all these videos. you are so right. one a trendline becomes so obvious the market will let us all buy against it. go below it and stop us all out . then head higher and tempt us to chase it. just wait for a the fake out breakdown and buy it where youd put your stop. correct ??

[bulletprooftrader]

stoxhastick so shity indicator

[speero]

are "stochastics" as "shity" as your spelling?

[bulletprooftrader]

90 % indicators are shity they go not with share or eur/usd they just indicate after, my english is bad but this don't stop make thought

[speero]

a recent study shows that 70% of statistics are made up on the spot. thank you for contributing.

[Saskiaquellecitrus]

What do you mean by "made up on the spot"?

[speero]

how does that not speak for itself lol.

made up on the spot - invented at the moment of creation. AKA thought of as it was coming out of one's mouth. AKA no prior research put into any ACTUAL statistics

[Saskiaquellecitrus]

It is a matter of creating 'better' probabilitites.

"Made up on the spot" works in the long run. I suspect that you are not a trader and have not earned money by "making things up on the spot", instead you have read an academic article from a professor that tries to make trading "logic". Newsflash > It is not logic.

Money management + Risk management + "Make things on the spot" = It works!

[speero]

No idea what you're talking about at this point - I'm not even referring to trading when I was talking about making up things on the spot. I was talking about statistics.

Specifically when that guy said, "90 % indicators are shity they go not with share or eur/usd they just indicate after". Where did "90%" come from?

Don't attack someone unless you know what they're talking about - and FYI because of your mistake in understanding all of your assumptions about me are incorrect.

[Mackoek]

thx!

[TheKoolT]

great set ups

keep em coming!