Nice vids

Jeff Castille 

Greetings Horst, Thanks for sharing your trades......truely inspirational. I was wondering if you would talk a little bit about the "foot" pattern and how you use it in your trading? Thanks, Jeff

If you look at the bands how they come together while the BB's move underneath for separation. The Bollinger Bands in the indicator are measuring volatility, the closer they come together, the consolidation of the market is evident. Just like a typical bollinger band. The foot is the part where it looks like a heel (initial drop) then as the bands curve up and consolidate, it looks like a FOOT shape.

What this means is, the market will shoot down for a nice trend, it will do a fake-out and then drop one more time or even on the 3rd time and then run up. The key is to find an area where it might pivot. For instance, it will drop for 6 points straight down, then it will slow down, retrace to the 23% retracement, then it will come down, double bottom and then shoot UP. The MACD will then form a perfect looking foot (dependent upon timeframe) to take the counter-trend trade.

timothymhanna 

Nice vids

Thank You

bluemele 

If you look at the bands how they come together while the BB's move underneath for separation. The Bollinger Bands in the indicator are measuring volatility, the closer they come together, the consolidation of the market is evident. Just like a typical bollinger band. The foot is the part where it looks like a heel (initial drop) then as the bands curve up and consolidate, it looks like a FOOT shape. What this means is, the market will shoot down for a nice trend, it will do a fake-out and then drop one more time or even on the 3rd time and then run up. The key is to find an area where it might pivot. For instance, it will drop for 6 points straight down, then it will slow down, retrace to the 23% retracement, then it will come down, double bottom and then shoot UP. The MACD will then form a perfect looking foot (dependent upon timeframe) to take the counter-trend trade.

What Gil said....

Traded the CL today. 5 Gifts but I just knew it was going to drop. Persistence pays off. This time anyway........WHEW!!!!!!!

Great trading Horst!!! For this specific day, you've shown us that even with 17% winning trades you can still be highly profitable. I pray that many people understand the importance of this. It'll give hope to many people.

how many screens/monitors do u use... just curious..
again im speechless, its like horst directs the mkt everyday... I guess you are so used to your 3 to 4 daily nuggets that i dont think u settle for less.
Man again i bow down to your amazing skills. Keep it up.
God Bless

RosDaBoss 

Great trading Horst!!! For this specific day, you've shown us that even with 17% winning trades you can still be highly profitable. I pray that many people understand the importance of this. It'll give hope to many people.

Thanks Ros, All it takes is one good run and good money management on the road getting there

bugsbunny 

how many screens/monitors do u use... just curious.. again im speechless, its like horst directs the mkt everyday... I guess you are so used to your 3 to 4 daily nuggets that i dont think u settle for less. Man again i bow down to your amazing skills. Keep it up. God Bless

Thanks Bugsy, I like to think of it as waltzing with the market, but only when she asks me to. Yes, that is my average for my hour. I use 8 screens, but only 7 are dedicated to trading. Thanks for your support

Great job Horst - really enjoying keeping up with your journal. Hope you continue it

Great setups, good executions, I'm assuming you have money management down as well