Drink wine day? Why not.

Mark Sear • Feb 19, 2021

High probability trading in a choppy market

Any trader knows that since Joe Biden took over the markets have been somewhat lacklustre to say the least.  Not that that's unusual as a new President often means a period of not a lot happening.  Plenty to sort out of course.  But what is unusual is the pattern of the markets.  That's because there almost isn't one.  For the past few days they have been super resilient though. 


Coming down every day to our support levels though, and then rallying strongly.  That means .. profits.  And today was no exception as we hit our exact support number and bounced as we expected.  2 simple trades and 2 simple profits to total $625 in the first 30 minutes. 


So a nice days trading with two high probability trades taken and nice profit banked. 


Can we make is 66 consecutive days tomorrow?


Why not join us and see?



Live trading track record @ 18 Feb 2021


European session: $0 (total)

First session US : +$625


65 trading days with consecutive profits.

215 winning trades, 8 losing, 5 break even.


Trading room profits since 4 Jan 2021:


+$22,162.50


Last 10 trades: WWWWBWWWWW

photo of Charlie Munger in a business suit
By Peter Northwood 29 Nov, 2023
We look at the amazing impact that Charlie has left on generations of stockpickers and investors.
A trading screen and candlestick chart on a phone
By Peter Northwood 13 Nov, 2023
Hedge Funds and Big Banks have been using AI capability for many years, now it is available to Retail Traders.
By Peter Northwood 10 Nov, 2023
AI presents enormous global opportunities, but there could also have some nasty downsides. The recent Global AI Summit started the journey on how to regulate this wild west sector.
explosion on the horizon
By Peter Northwood 19 Oct, 2023
Geopolitical risk is a fact of life, but what does it mean for your Trading and Investing?
By Peter Northwood 03 Oct, 2023
Ahead of the all important Q4 season we assess what's driving the economy and what's holding it back.
hundred dollar bills on a US flat
By Peter Northwood 22 Aug, 2023
With US Government Treasury yields at a 16 year high, have bonds overtaken stocks as the growth engine for investors?
By Peter Northwood 07 Aug, 2023
If you're an investor then timing the markets is almost impossible, but there is an alternative!
By Peter Northwood 27 Jul, 2023
With jobs data still strong will the Fed have to break the labor market and cause a recession to get inflation back to 2%.
$100 bills in a briefcase
By Peter Northwood 11 Jul, 2023
Why are get-rich-quick schemes so prevalent and how do you avoid them?
levels in a field
By Peter Northwood 06 Jul, 2023
Higher time frames have stronger lines of support and resistance, we show you how to identify those Daily Levels and add them to your charts.
More Posts
Share by: