05.08.2026 : Breakout Thoughts
So this happened today, and its a classic Gerchik breakout with a bounce followup. I am trying to keep it simple right now, but I will be adding this model to my system.…
So this happened today, and its a classic Gerchik breakout with a bounce followup. I am trying to keep it simple right now, but I will be adding this model to my system.…
Had a +1R fairly uneventful day today. Didn't stay in MSFT trade that would have been rather rewarding if I just kept the SL where it was originally placed. My kid needed feeding in the morning, and I put the stop into lossless position and went to feed…
So someone is being very crafty with false breakout liquidity sweeps on NVDA. Basically doing a whipsaw during second 5m candle (see 1st image) or right after what looks like a bounce (see 2nd image), or new momentum high just after what looks like successful FB. How to trade this?…
Don't expect market to be up or down, don't expect a direction. GO WITH WHAT YOU SEE.…
Remember this, again, valleys (air pockets) between volume clusters (nodes) are not to be traded when price has traveled any distance within the valley. Its free-fall/rapid ascention zones. Always. No resistance/support gives whales an autobahn to move freely on. Only enter at edges of hills (volume nodes) -…
So today is basically a confirmation that in its ideal form, my F.B against Level + VP Valley is a legitimate edge. It works. Now the remaining issues are: * Waiting for right set up, and not entering into sub-optimal setups (entering into weak setups) * Staying in the trade * Entering against…
In this strategy trader looks for ANY confirmation (in form of reversal either F.B. or B) of a resistance shown during first hour (most of the time during first 15 min of session open). It helps when the level is already established prior, so initial resistance happens around an…
In this strategy trader selects instruments that have dumped on pre-market and at open.…