How To Let A Winner Run
MYM Overhead Resistance
Will LULU Get Through 200dma?
Dow Futures on Trend line
Will it get through overhead resistance? pullback is 41 points off low and 41 minutes off high from 696 to 737 AND from :14 to :55 on 1 min chart and it breaks through
Dow Futures on Trend line
Will LULU Get Through 200dma?
Dow Futures on Trend line
Do you buy pullback on trendline? 244 low comes at 45-30min bars while next low at 430 is a 245 pt pullback which is perfect replication of numbers.
Will LULU Get Through 200dma?
Will LULU Get Through 200dma?
Will BKX Breakthrough Resistance?
LULU testing 200dma and it needs a good reading so you will have conviction to stay through moving avg test. Its 89 days low to low and starts moving on 188dg day of year on Gann calendar.
Will BKX Breakthrough Resistance?
Will AAL Breakthrough Bearish Volume Resistance?
Will BKX Breakthrough Resistance?
A series of good readings sets up bigger move. First pullback has inverse bigger leg to smaller leg is 1.54x and next pullback (our opportunity) is a 53% retracement. It breaks through and gaps up.
Will AAL Breakthrough Bearish Volume Resistance?
Will AAL Breakthrough Bearish Volume Resistance?
Will AAL Breakthrough Bearish Volume Resistance?
Great symmetry here as first leg up is 2.91p while pullback low hits at 191dg day on Gann calendar AND its 42 days off low AND its 1.42 pts lower. Readings lead to great moves!
Will UNH Break Below its 200dma?
Will AAL Breakthrough Bearish Volume Resistance?
Will AAL Breakthrough Bearish Volume Resistance?
This level of uncertainty ties traders in knots. What to do at moving average? In this case low range is 154.91 pts and high is 55 days off top, a perfect replication flip. As you can see excellent replication leads to big drop very important to entire market.
Navigating Fast Moving Opening Hour
Navigating Fast Moving Opening Hour
Navigating Fast Moving Opening Hour
In fast moving markets we must act quickly by muscle memory and 2nd nature instinct. The low you see here is price 383 and it replicates for drop at 82-15m bars off 745 high, This is big move in morning. it takes practice to pull this off properly.
Notes winners
Notes for Letting A Winner Run
One of toughest thing for aspiring traders to do is allowing a winner to run. Of course, you must have an edge and act when its there to develop your discernment skills to put yourself in a position to win in first place. Once that's a given, many traders have to deal with their own internal fear program of worrying about GIVING BACK GAINS. But you must let winners run IF you intend to sustain profitability. How to do that? In every case there is always an obstacle whether its a moving average line, a trend line for some volume resistance line. In order to overcome the obstacle one must enter ON A REALLY GOOD SETUP as you see above so you will have courage and conviction to stay with it. In our manual NEXT LEVEL KAIROS we give you an exercise where you can train your mind to overcome your fear program. Its a process that takes time but the rewards are usually what happens on other side of obstacle is where the points really stack up and let you be in a position to sustain profitability over long run.
