Trade Review: 5/15/23
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...
Trade Review: 5/12/23
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 planning on reviewing...
100 trades of the Failed Breakdown (FBD)
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:...
Brass Tacks
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 in-depth...
So here’s the plan
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 strip...
Here. We. Go!
Howdy. I'm TilleyTrader. I've typed, erased, and re-typed this intro paragraph many, many times because I'm terrible with intro paragraphs. So pretend I wrote a good one, and now I'm just going to dive in below. I've been trading since the end of 2020 -- first...