Pro traders aren't any better at "predicting" where the market will go than a hobby trader, and its not the job. The difference is all in execution: Finding lvls, protecting profits once available, stopping out & adjusting when wrong, and consistant loss size control. Focus there

@TomSanchez71 @iammw33 @jockowillink Appreciate it!

@chaseawinter Unlikely definitely not impossible. Since 2022 bear ended we only had 1 sell of that magnitude in that duration and it was last July/August.

@iammw33 Its still in the methodology section but in most the cases this last week it was just redundant to mention since almost always when we had a Failed Breakdown it was also at a very obvious major support. But its definitely still important

@reliableBRS Yes very possible and it's more or less what I do. They do function a little different in downtrends though (have to be abit more careful and picky about what ones you take) but we've seen a taste of that in last few months. Dec 18th to Jan 15th was essentially a mini bear mrkt

@VonTrades Absolutely - I hate predictions and they are completely counterproductive, but if you do make them its essential just to keep them in a completely separate compartment from execution. When I enter every session I have 0 leans or bias

@shaggydoo184575 The lean is always higher given the uptrend, and given the fact its a flag. 80% will resolve up, and in the other 20% you just short the breakdown

@mattragudo Yes - its very used up now though so we'll have to see how much it has left in it. Its been a big zone since Jan 17th and heavily tested

@kazzytrades @NiceBama I spoke about it in the newsletter, but still actionable. Its a tough zone though

@zkBridgeTroll Its a very common chart pattern (its also known as a broadening formation). Really the only chart pattern you need to know along with flags and inverse H&S

I don't trade Failed Breakouts ever (I only do Failed Breakdowns). The win rate on Failed Breakouts in ES is very low even if your good at them. I do take other shorts (Breakdown Shorts, sometimes Back-Test shorts). In a strong market like this maybe 1 every 2 weeks. In a weaker market maybe 2-3 a week

@Porterhous90889 Appreciate it! Levels were very precise this week which is surprising because usually all the headline flow introduces much more randomness

@dogbone01 @JU51324604 Me either, can always enter on the Sunday open after gap risk has passed! Just takes 1 tariff related weekend comment to create a 30+ point gap up or down

RT @AdamMancini4: Closing update #ES_F: This week was an identical carbon copy to last week (gap down Sunday, rally all week, dip Friday).…

@JU51324604 Don't blame them - nobody wants to buy a Friday close after the last two weeks with more tariff news incoming.

@JimHess72422422 @RHill305 We would've sold today at 6130ish regardless, but without the external help it might have just gone to 6087 or 6070 again

@RHill305 Absent external shocks, it will just go up