Strategy
I trade the Futures markets, primarily the E-mini S&P 500 (ES).
I trade pure price action using minimum Indicators and plain chart trading which is a skill I have developed over the past few years.
I would direct any new trader to https://priceactiontradingsystem.com/ for education.
I get no payment or perks for endorsing Mack but his content and approach is invaluable and really value for money! I believe he is a good guy that has a great track record in teaching and trading.
I use a 2000 Tick Chart with a 21 EMA line for reference. My setups are taken off key levels, Trend Channels and Range like setups. Watch my streams to learn more about how I trade.
The strategy is basic but very effective. It is ideal for entering the charts a few hours to take a scalp when a setup appears and continue with the rest of your day. My results are posted on the website and I am transparent about my trading and all is captured Live on my Youtube Streams. I currently scalp for a 2 Point Profit target with a 2 Point Stop loss (Depending on Signal bar Size).
PATS Abbreviations
2EL = Second Entry Long
2ES = Second Entry Short
2LPB = Two Legged Pullback
ATR = Average True Range
B/E = Break Even
BE = Break Even
BNE = Break of trend channel and New Extreme
BNH = Break of trend channel and New High
BNL = Break of trend channel and New Low
BO = Break Out
BOPB = Break Out Pullback
DT = Downtrend
EMA = Exponential Moving Average
ES = Emini S&P 500 Index
F2EL = Failed Second Entry Long
F2ES = Failed Second Entry Short
FBO = Failed Breakout
FOMO = Fear Of Missing Out
HH = Higher High
HL = Higher Low
HOD = High Of the Day
KEP = Key Entry Point
LH = Lower High
LL = Lower Low
LOD = Low Of the Day
MDT = Micro Downtrend
MM = Measured Move
MT = Multiple Test
MUT = Micro Uptrend
NE = New Extreme after break of a trend channel
NH = New High
NL = New Low
OR = Opening Range
OS = Overshoot
PA = Price Action
PB = Pull Back
SB = Signal Bar
SEL = Second Entry Long
SES = Second Entry Short
SIM = Simulated Trading
SL = Stop Loss
SNC = Spike N Channel
STT = Short Term Trendline
TL = Trend Line
TP = Take Profit
TR = Trading Range
TT = Triple Test
UT = Uptrend