11 Comments
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Quickmultiball's avatar

Great reviews and reversals πŸ’†πŸ»β€β™€οΈπŸ§ 

Question beside (if it’s okay to ask): do you go for the whole handles run (from bottom to top and vice versa) or you go for some 10/20++ handles and you’re done? And what helped you mentally πŸ§˜πŸ½β€β™‚οΈ to stay comfortable during your trades in the beginning of your career? Thanks in advance and have great day 🫠

Smashelito's avatar

Thank you! Reversals aligning with the prevailing trend typically hold greater potential than counter-trend reversals, demanding a higher level of discipline. I typically employ a RR ratio of 1:2/3, while keeping in mind that trades executed within a directional market present more significant opportunities. Navigating your emotions in trading relies heavily on having a well-defined trading framework, which should include a set of rules and guidelines that dictate how you approach. I place significant emphasis on the preparations ahead of the session, carefully analyzing who controls the auction and identifying the necessary conditions to change that dynamic. The absence of rules, guidelines, and preparation amplifies the influence of emotions, leading to initiating trades at unfavorable locations.

Quickmultiball's avatar

ThanksπŸ’₯ smashelito for the detailed answer - gives me confidence going forward daily with your support πŸ€“ all the best πŸ™‹πŸ»

Niko's avatar

Awesome as usual. This week is very tricky indeed. Looks like they want to carry this rally to exploring Apr 22 highs, but needs to be taken day after day

Art Vandelay's avatar

Hi, thanks for the analysis, excellent as always... is there any special reason you not back adjust your charts...

Smashelito's avatar

Thank you! It's personal preference. I prefer to not make any adjustments and work with the roll gaps instead, keeping my past levels unchanged.

Art Vandelay's avatar

interesting approach, thanks for the reply

Efutures's avatar

Smash which VIX overlay are you using at the bottom on Sierra charts

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Jun 15, 2023
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Efutures's avatar

Yeah I know what that one is already.

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Jun 15, 2023
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Efutures's avatar

If you go to June 2 daily plan. There’s a chart with es and vix correlation. Is that one from trading view or SC

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Jun 15, 2023Edited
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Efutures's avatar

Ah ok thanks