by Tilley | May 16, 2023 | Trade Reviews, Trading
Took one FBD trade today: Low: 4126.50 Low of Undercut: 4123 Entry trigger: 4134 First target: 4147 Second target: 4156 Stop Loss: 4121 (then moved up to 4128, then trailing stop) NOTE: When trading, I’m usually on either the 30 min or 1 hr chart, and I sometimes use...
by Tilley | May 15, 2023 | Trade Reviews, Trading
As of May 12, 2023: 6 FBD trades down, 94 to go! Well, probably more like 5 FBDs…the one I took today I am not so sure would qualify as a true FBD setup now that I’ve pondered it a bit more. So we’ll say officially: FIVE down, 95 to go! I’m not...
by Tilley | May 11, 2023 | Rules, Trading
Adam Mancini’s core setup is the Fake Breakdown (FBD), also known as the 2B Pattern as analyzed by Victor Sperandeo (Trader Vic). <– The link explains the setup in depth so I won’t rehash too much, but below is the general gist of the pattern: Key...
by Tilley | May 5, 2023 | Rules
I’m going to attempt to organize my thoughts on the most basic trading rules/guidelines that I would like to follow for myself. Most of these are Mancini rules/methodology which you can find by combing through his Twitter account. If you’d like a more...
by Tilley | May 3, 2023 | Trading
Last month (April 2023) was a rollercoaster from red to green to red again. A couple steps forward, a few steps back. This has, more or less, been the theme of my trading in the last several months and slowly chipped away at my capital, so I figure it’s time to...