Activity
Mon
Wed
Fri
Sun
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
What is this?
Less
More
Memberships
142 Day Traders
Public • 60 • Free
23 contributions to 142 Day Traders
10h ago
in
Do failed 142s have to respect Time Theory too?
Sometimes we use failed 142s to do the opposite. Do these failed 142s have to print at valid times too?
0
6
New comment 4h ago
0 likes • 5h
@Tomay Gowens , for example a failed bullish 5 minute signature in premium would signal bearishness. If that failed 5 minute signature prints at an invalid time would we ignore it the same way we would ignore a regular/ successful 5-minute signature that printed at an invalid time?
0 likes • 4h
@Tomay Gowens , true but let's assume everything else checks out for a sell except that candle C opens at an invalid time (:55/:00/:05). Would that be a reason to invalidate that structure?
10h ago
in
5-Minute Signature Invalidation
BULLISH SCENARIO: If a bullish 5-minute signature gets swept under (with or without a close) does that invalidate that 5-minute signature? BEARISH SCENARIO: If a bearish 5-minute signature gets swept above (with or without a close) does that invalidate that 5-minute signature?
0
4
New comment 5h ago
0 likes • 8h
@Tomay Gowens , Hello Tomay. I am well. I hope you are too. I've watched several videos but haven't finished all of them. I'm still going through them. I know they might sound elementary but I figured because we are all in different stages of learning and what might sound elementary to you might be the missing piece to someone else like a beginner like me. Yes, would appreciate it if you can cover the best way for us to backtest the strategy. Thank you.
0 likes • 5h
@Tomay Gowens , Keep studying, got it. Thank you.
10h ago
in
Do Doji candles invalidated a 142 Setup?
Does the presence of a doji candle in a 142 setup make that structure invalid? Pic 1: +142 example Pic 2: -142 example
0
2
New comment 8h ago
0 likes • 8h
@Tomay Gowens , challenge accepted.
8d ago
in
I have a Boo-boo...two of them. 😢
I took two trades today and both ended in a loss. Could someone kindly tell me what I might have done wrong? Trade 1: 5 Minute CID Candles: (9:25, 9:30 and 9:35) 1 Minute CID Candles: (From 10:01 to 10:07) Trade 2: 5 Minute CID Candles: (10:00, 10:05 and 10:10) 1 Minute CID Candles: (From 10:19 to 10:22)
2
15
New comment 11h ago
0 likes • 22h
@James B. Norman , @Elisabeth Thompson there was an FMZ present at 9:47 to 9:49. Pic attached.
0 likes • 11h
@James B. Norman , oaky. is it because of the two doji candles in position a and b ?
1d ago
in
Lost Trade Analysis
Here is another bullish trade that ended up in a loss. Any insights as to what I did wrong or overlooked? Note: The FFE (entry) was already presented before the counter bearish 5-minute signature printed at 13:35. So the trade was already running in a loss. Pic attached Trade 2: MNQZ2024 5 Minute CID Candles: (13:05, 13:10 and 13:15) 1 Minute CID Candles (Follow Up): (From 13:24 to 13:26) FMZ: (From 13:03 to 13:05)
0
8
New comment 24h ago
0 likes • 1d
@James B. Norman , attached is an example of an FFE that printed low in relation to the 5-minute signature and took off without retracing. This was the 12:05 sell today. So this is what I mean. I might ignore that FFE because it printed too low or too high in relation to the 5-minute signature range and the trade takes off without me like in the attached example. Pic attached Trade Stats: MNQZ2024 5 Minute CID Candles: (11:55, 12:00 and 12:05) 1 Minute CID Candles (Follow Up): (From 12:10 to 12:12) FMZ: (From 11:38 to 11:40)
1 like • 24h
@James B. Norman , noted James. Thank you.
1-10 of 23
