This was a trade forwarded to me by one of our students name Shaun. This is a short off of the range highs. Notice that Shaun waited on the double top, which is simply a lower high. You can treat a double bottom as a higher low as well. This is a basic set up
This is a compilation of three live trades that were taken on Friday. All of these trades are using Mack’s price action strategies. The first trade is one I took (Mack), which was a short off of the key entry point in the Friday downtrend. I entered short on the failed second entry long into
This is a student submitted live trade by Juan. This is a second entry long with a 3 point runners as well. This is an interesting trade, because I talked about the mid line in Wednesday’s chart lesson. You prefer to see the mid line hold a few times before you take a trade off
Live Trade Example With a Three Point Runner 07-30-2020 Read More »
This is another student submitted live trade example of a second entry long. This was submitted by Jorge. He did not manage to catch a runner on this one, but he made the attempt and still made an extra tick on his runner portion of the trade. This was a trade with matching lows for
Live Trade Example – Second Entry Long 07-28-2020 Read More »
This is a trade example I recorded on Friday morning of a failed break higher out of congestion. The trend was down, but prices were just moving down slowly and very choppily. I saw the possible engulfing bar as a chance to get short and maybe enter on a trap, although the feedback from prices…...
This was an example of a live short taken by Big Swiss. There is no sound, so do not try and adjust your sound thinking there is a problem. 🙂 This was a lower high with an engulfing bar that turned lower. You can watch prices break higher first above the bullish bar, then turn…...
Live Trade Example – Engulfing Bar On A Lower High Read More »
This was a live trade recorded by Big Swiss. He has become an excellent chart reader and has even contributed a few guest articles lately. Big Swiss is an excellent example of how you can learn to read a chart if you put your mind to it and put in the work. He didn’t get
Thanks to one of our members for making this video on how to set up Multicharts.net where you can trade the MES from the ES chart. Several of you have asked about this, so I hope it is helpful. Many thanks to Alex for doing this for us! Multicharts.net is AMPs answer to the changes
Trading The MES From The ES Chart With Multicharts.net Read More »
A current student by the name of Jorge sent me this trade example. It was a nice set up, taking a lower high on a failed break out of congestion and at the midline of a large down channel while the market was still strongly down at the time. This was a great read by
This is another guest article from Big Swiss. Enjoy! Using Bar Close For Decisions The advantage of making decisions on bar close serves a few purposes. First, by restricting decisions to a bar’s close, a trader is able to review historical charts for similar situations and patterns. Without this simple reference, the myriad of variations