Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

handle

Applying Joe Ross Trading Methods

Recommended Posts

Handle,

With those scalps how can you go two days without any setups? doesn't mr joseph have more than one setup? you mean you sat there all day for two complete days looking for one setup? if so, you best make haste and load the boat when you do find a setup.

Share this post


Link to post
Share on other sites
Handle,

With those scalps how can you go two days without any setups? doesn't mr joseph have more than one setup? you mean you sat there all day for two complete days looking for one setup? if so, you best make haste and load the boat when you do find a setup.

 

Patuca,

 

I am just posting my trading log. I did sit there for 2 days without a setup. And I do try to load the boat when I see a setup.

 

I am open to suggestions, and if I missed a setup that I should have taken, then I would like to know that too. I am constantly trying to become a better trader.

 

Thank you.

 

Tony

Share this post


Link to post
Share on other sites
Patuca,

 

I am just posting my trading log. I did sit there for 2 days without a setup. And I do try to load the boat when I see a setup.

 

I am open to suggestions, and if I missed a setup that I should have taken, then I would like to know that too. I am constantly trying to become a better trader.

 

Thank you.

 

Tony

Tony

Could you post the same chart but 5 min and in candlesticks .....lblack for bearish sticks and hollow white for bullish? Thanks.

 

I net scalped 4.5 points out of ES today and 6.25 out of the NQ and i missed much of the best scalping opportunities as i was traveling and it isn't a good idea to trade and drive at the same time. So, i had to trade when i wasn't driving and missed the best swing (two legs or more) scalps which would have given even many more points. I made 8 trades 6 winners two losers...i could not imagine no scalps for two days. I suppose you are looking for just ONE particular setup? Or is it more than one? I look for several. However,..so far you have 4 winners and no losers so i can't argue with that...just saying it would bore me in a terrible way to not take even one scalp over a two day period.

 

Patuca

Share this post


Link to post
Share on other sites
Trading is a business rampant with failure. HOWEVER, EVERY FAILURE BRINGS A TRADER CLOSER TO SUCCESS. If he can learn from it.

 

or closer to total ruin even if he learns from it unless he learns faster than he fails.

Share this post


Link to post
Share on other sites
or closer to total ruin even if he learns from it unless he learns faster than he fails.
obvious. Agree. ...time ....money...learning..failure...success..shades of gann..the symmetry of success...

Share this post


Link to post
Share on other sites

How do you control your failures? Or can you even do such a thing? Maybe not.. but there is a measure of control on the damage your failures can inflict on you. So..how do you control the damage that can be done through your failures while you learn success?

Share this post


Link to post
Share on other sites
Tony

Could you post the same chart but 5 min and in candlesticks .....lblack for bearish sticks and hollow white for bullish? Thanks.

 

I net scalped 4.5 points out of ES today and 6.25 out of the NQ and i missed much of the best scalping opportunities as i was traveling and it isn't a good idea to trade and drive at the same time. So, i had to trade when i wasn't driving and missed the best swing (two legs or more) scalps which would have given even many more points. I made 8 trades 6 winners two losers...i could not imagine no scalps for two days. I suppose you are looking for just ONE particular setup? Or is it more than one? I look for several. However,..so far you have 4 winners and no losers so i can't argue with that...just saying it would bore me in a terrible way to not take even one scalp over a two day period.

 

Patuca

 

Patuca,

 

I use a bar chart for trading Joe Ross's methods. He taught me with this type of chart so that is what I use.

 

Those are great trading results. Do you post your trading log somewhere on this site? I would like to see your trading. I don't really have a good strategy for the ES. I am following FT71 and eminitrader. They both use a Market Profile approach. Both seem to have similar success as you in the ES.

 

Thank you for your comments.

Tony

Share this post


Link to post
Share on other sites
Patuca,

 

I use a bar chart for trading Joe Ross's methods. He taught me with this type of chart so that is what I use.

 

Those are great trading results. Do you post your trading log somewhere on this site? I would like to see your trading. I don't really have a good strategy for the ES. I am following FT71 and eminitrader. They both use a Market Profile approach. Both seem to have similar success as you in the ES.

 

Thank you for your comments.

Tony

I don't log..journal..or any of that stuff...just never have like doing it...however, if i am in the mood i will make live annotations on my trading chart. Here is one for today in the ES with more notes than i would usually put on it but for explanations sake i add more. This is ONE technique i use for scalping. I look for possible trend reversals and try to get at least 1 leg of profits but more if possible. Try to keep reward to risk at least 1:1 perferably 2:1. I manage trade by initial stop loss and actual stop loss. That is i am willing to exit if my actual stop loss gives me at least a 1:1 and a positive traders equation. That way mathematically i know i am ahead of the game. In other words, say my initial SL was 2 points and my initial profit target at least 3 pts. . If my actual risk ends up being only 1 pt then i am will to exit at a 1 point profit if price action after entry is lazy..slow...terrible. In slow markets i take what it will give me not what i necessarily want. But i do strive to keep my R:R ratio good and my traders equation positive.

 

Some notes about chart:

 

Horizontal brown heavy lines are support and resistance off 15 minute chart and of course high and low of previous day. Green line is an 20 ema. Blue line is same 20 ema but where the 20 ema would be on a 15 minute chart. Pink looking line is same 20 ema but where it would be on a 30 min chart and purple line is where it would be on a 1 hour chart. This just saves me from flipping back and forth between charts to see where price is in relation to each time period in terms of a 20 ema.

 

The gray line is a sma 89 basically it indicates the general trend of the day and normally it is best to get in shorting mode when price is below both the green line and the gray line. Generally you like to see the green line below the gray and price below both. When like this i focus on short side mostly. Not to say i wouldn't take an occasional long scalp but i wouldn't follow it too far.

 

For trades on the long side you want price on top..then green line..then gray line. That is, one focuses on long techniques. Again..that is not to say you can't short but you just know you can't follow it too far unless things change.

 

Todays trade was a short taken in the "long mode" therefore, i didn't want to follow it too far. It took about 13 bars to get to the exit and had one pullback that almost stopped me out. Nevertheless, i was able to scalp 2 pts and keep a decent R:R ratio and a positive traders equation. When shorting in a long mode just grab what market gives you or yo can easily end up giving it back.

 

Red..pinkish square is initial stop loss. Blue is entry. Brown square is exit.

 

The pink looking channel and wedge lines are self explanatory.

 

Maybe this will be interesting to someone ...if not just throw it in your delete pile :rofl: :rofl:

image.jpg.d25d896c87aa2fb7d2691d6cb5c50d7c.jpg

Share this post


Link to post
Share on other sites

Hi WHY?

I missed you ;) (my partners not happy with this :rofl::rofl:)

And your'e on the wrong thread.

And perhaps you were rolling over in your grave from the TTT comments.

Anyway,welcome back.And may all your goats turn into beautiful baby lambs.

kind regards

bobc

Share this post


Link to post
Share on other sites
Steve,

 

Thank you for your reply. I can attest that having a mentor is very important especially if someone is struggling. I paid a few thousand dollars for a private session. Paying for someone's time runs on the more expensive side, but will save you money in the long run.

 

Thanx Handle

 

Its good of you to disclose your (ballpark) budget for education...I am often asked about this....and I tell folks that paying for a skilled trader's time is expensive, but worth it IF you can find the right person...yes there's always the risk, but that's the nature of this business....no risk...no reward.

Share this post


Link to post
Share on other sites

Trade:

Contract: CL

Entry Signal: Short

Entry Price: 106.52 (red triangle) No Fill

Exit Price: No fill

Entry Time: 9:40 CST

Ticks: 0

 

The market ran right through my entry. I was not filled. Pulled the order. Obviously the right move but without me.

 

mls0.jpg

 

Trade Results: 4 Trades. 4 Wins / 0 Losses. Ratio: 100%. Ticks: +40

Share this post


Link to post
Share on other sites

Trade:

Contract: CL

Entry Signal: Long

Entry Price: 107.00 (green triangle)

Exit Price: 107.10 (red triangle) Target

Entry Time: 9:34 CST

Ticks: +10

 

jebl.jpg

 

Trade Results: 5 Trades. 5 Wins / 0 Losses. Ratio: 100%. Ticks: +50

Share this post


Link to post
Share on other sites
Trade:

Contract: CL

Entry Signal: Long

Entry Price: 107.00 (green triangle)

Exit Price: 107.10 (red triangle) Target

Entry Time: 9:34 CST

Ticks: +10

 

jebl.jpg

 

Trade Results: 5 Trades. 5 Wins / 0 Losses. Ratio: 100%. Ticks: +50

 

Hi handle

TRIPLE RUBBISH

regards

bobc

Share this post


Link to post
Share on other sites
Hi handle

TRIPLE RUBBISH

regards

bobc

 

Hi Bob,

 

I am not sure why you keep posting "RUBBISH" on this thread. Please explain yourself and be constructive.

 

Thank you.

 

Tony

Share this post


Link to post
Share on other sites

Hi handle

I dont believe Joe Ross taught you to trade with the method you display.

Joe lived in South Aftica , a while back, and I had dealings with a forcasting sevice he offered.

My golf game on Saturday is cancelled . Maybe I will tell the correct version

I noticed WHY ? on the thread .

He is an excellent writer, so I was hoping he would tell the true story.

regards

bobc

Share this post


Link to post
Share on other sites
Hi handle

I dont believe Joe Ross taught you to trade with the method you display.

Joe lived in South Aftica , a while back, and I had dealings with a forcasting sevice he offered.

My golf game on Saturday is cancelled . Maybe I will tell the correct version

I noticed WHY ? on the thread .

He is an excellent writer, so I was hoping he would tell the true story.

regards

bobc

 

Hi bobc,

 

I am sorry to hear about your golf game being cancelled. However, I did meet Joe Ross in Texas in 2011 and he spent 3 days teaching me how to trade his methods. What you see here is my trading log of the trades I take with real money.

 

He teaches 5 setups and I only use 3 of them.

 

I am not sure of his forecasting service. He did not mention that during our time together.

 

Did you or WHY ever learn Joe's setups? Did you ever take any private training with him?

 

Anyway, maybe you can get a tee time on Sunday...

 

Thank you.

 

handle

Share this post


Link to post
Share on other sites
Hi Bob,

 

I am not sure why you keep posting "RUBBISH" on this thread. Please explain yourself and be constructive.

 

Thank you.

 

Tony

perhaps capt bob has has three losing trades in a row and hence is on a triple whammy bad mood...you may need to cut him some slack?...just a thought....you have 5 winners in a row..just many days waiting for them....i prefer to have that many or more in one day......capt maybe a golfing fanatic and could still be pissed about missing the game to see mr joseph...please understand...

Share this post


Link to post
Share on other sites
No setups today. No trades.

 

Trade Results: 5 Trades. 5 Wins / 0 Losses. Ratio: 100%. Ticks: +50

you must have the patience of Job. I don't think i could stand that...so many days and no trades..i made 6 today..5 winners and 1 loser..all positive traders equation...all at least 1:1 rr and one that was 10:1 rr. It is hard for me to see how mr ross's setup did not appear at all today in the type of PA we had today. Did you happen to miss some?

Share this post


Link to post
Share on other sites

Hi Handle,

I did a bit of a search .

There is lots of info on Joe Ross Methods on TL, so I not going to repeat it.

When you went on your course, did you learn the AMBUSH method.?

kind regards

bobc

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • Date: 11th July 2025.   Demand For Gold Rises As Trump Announces Tariffs!   Gold prices rose significantly throughout the week as investors took advantage of the 2.50% lower entry level. Investors also return to the safe-haven asset as the US trade policy continues to escalate. As a result, investors are taking a more dovish tone. The ‘risk-off’ appetite is also something which can be seen within the stock market. The NASDAQ on Thursday took a 0.90% dive within only 30 minutes.   Trade Tensions Escalate President Trump has been teasing with new tariffs throughout the week. However, the tariffs were confirmed on Thursday. A 35% tariff on Canadian imports starting August 1st, along with 50% tariffs on copper and goods from Brazil. Some experts are advising that Brazil has been specifically targeted due to its association with the BRICS.   However, the President has not directly associated the tariffs with BRICS yet. According to President Trump, Brazil is targeting US technology companies and carrying out a ‘witch hunt’against former Brazilian President Jair Bolsonaro, a close ally who is currently facing prosecution for allegedly attempting to overturn the 2022 Brazilian election.   Although Brazil is one of the largest and fastest-growing economies in the Americas, it is not the main concern for investors. Investors are more concerned about Tariffs on Canada. The White House said it will impose a 35% tariff on Canadian imports, effective August 1st, raised from the earlier 25% rate. This covers most goods, with exceptions under USMCA and exemptions for Canadian companies producing within the US.   It is also vital for investors to note that Canada is among the US;’s top 3 trading partners. The increase was justified by Trump citing issues like the trade deficit, Canada’s handling of fentanyl trafficking, and perceived unfair trade practices.   The President is also threatening new measures against the EU. These moves caused US and European stock futures to fall nearly 1%, while the Dollar rose and commodity prices saw small gains. However, the main benefactor was Silver and Gold, which are the two best-performing metals of the day.   How Will The Fed Impact Gold? The FOMC indicated that the number of members warming up to the idea of interest rate cuts is increasing. If the Fed takes a dovish tone, the price of Gold may further rise. In the meantime, the President pushing for a 3% rate cut sparked talk of a more dovish Fed nominee next year and raised worries about future inflation.   Meanwhile, jobless claims dropped for the fourth straight week, coming in better than expected and supporting the view that the labour market remains strong after last week’s solid payroll report. Markets still expect two rate cuts this year, but rate futures show most investors see no change at the next Fed meeting. Gold is expected to finish the week mostly flat.       Gold 15-Minute Chart     If the price of Gold increases above $3,337.50, buy signals are likely to materialise again. However, the price is currently retracing, meaning traders are likely to wait for regained momentum before entering further buy trades. According to HSBC, they expect an average price of $3,215 in 2025 (up from $3,015) and $3,125 in 2026, with projections showing a volatile range between $3,100 and $3,600   Key Takeaway Points: Gold Rises on Safe-Haven Demand. Gold gained as investors reacted to rising trade tensions and market volatility. Canada Tariffs Spark Concern. A 35% tariff on Canadian imports drew attention due to Canada’s key trade role. Fed Dovish Shift Supports Gold. Growing expectations of rate cuts and Trump’s push for a 3% cut boosted the gold outlook. Gold Eyes Breakout Above $3,337.5. Price is consolidating; a move above $3,337.50 could trigger new buy signals. Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Michalis Efthymiou HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • Back in the early 2000s, Netflix mailed DVDs to subscribers.   It wasn’t sexy—but it was smart. No late fees. No driving to Blockbuster.   People subscribed because they were lazy. Investors bought the stock because they realized everyone else is lazy too.   Those who saw the future in that red envelope? They could’ve caught a 10,000%+ move.   Another story…   Back in the mid-2000s, Amazon launched Prime.   It wasn’t flashy—but it was fast.   Free two-day shipping. No minimums. No hassle.   People subscribed because they were impatient. Investors bought the stock because they realized everyone hates waiting.   Those who saw the future in that speedy little yellow button? They could’ve caught another 10,000%+ move.   Finally…   Back in 2011, Bitcoin was trading under $10.   It wasn’t regulated—but it worked.   No bank. No middleman. Just wallet to wallet.   People used it to send money. Investors bought it because they saw the potential.   Those who saw something glimmering in that strange orange coin? They could’ve caught a 100,000%+ move.   The people who made those calls weren’t fortune tellers. They just noticed something simple before others did.   A better way. A quiet shift. A small edge. An asymmetric bet.   The red envelope fixed late fees. The yellow button fixed waiting. The orange coin gave billions a choice.   Of course, these types of gains are rare. And they happen only once in a blue moon. That’s exactly why it’s important to notice when the conditions start to look familiar.   Not after the move. Not once it's on CNBC. But in the quiet build-up— before the surface breaks.   Enter the Blue Button Please read more here: https://altucherconfidential.com/posts/netflix-amazon-bitcoin-blue  Profits from free accurate cryptos signals: https://www.predictmag.com/ 
    • What These Attacks Look Like There are several ways you could get hacked. And the threats compound by the day.   Here’s a quick rundown:   Phishing: Fake emails from your “bank.” Click the link, give your password—game over.   Ransomware: Malware that locks your files and demands crypto. Pay up, or it’s gone.   DDoS: Overwhelm a website with traffic until it crashes. Like 10,000 bots blocking the door. Often used by nations.   Man-in-the-Middle: Hackers intercept your messages on public WiFi and read or change them.   Social Engineering: Hackers pose as IT or drop infected USB drives labeled “Payroll.”   You don’t need to be “important” to be a target.   You just need to be online.   What You Can Do (Without Buying a Bunker) You don’t have to be tech-savvy.   You just need to stop being low-hanging fruit.   Here’s how:   Use a YubiKey (physical passkey device) or Authenticator app – Ditch text message 2FA. SIM swaps are real. Hackers often have people on the inside at telecom companies.   Use a password manager (with Yubikey) – One unique password per account. Stop using your dog’s name.   Update your devices – Those annoying updates patch real security holes. Use them.   Back up your files – If ransomware hits, you don’t want your important documents held hostage.   Avoid public WiFi for sensitive stuff – Or use a VPN.   Think before you click – Emails that feel “urgent” are often fake. Go to the websites manually for confirmation.   Consider Starlink in case the internet goes down – I think it’s time for me to make the leap. Don’t Panic. Prepare. (Then Invest.)   I spent an hour in that basement bar reading about cyberattacks—and watching real-world systems fall apart like dominos.   The internet going down used to be an inconvenience. Now, it’s a warning.   Cyberwar isn’t coming. It’s here.   And the next time your internet goes out, it might not just be your router.   Don’t panic. Prepare.   And maybe keep a backup plan in your back pocket. Like a local basement bar with good bourbon—and working WiFi.   As usual, we’re on the lookout for more opportunities in cybersecurity. Stay tuned.   Author: Chris Campbell (AltucherConfidential) Profits from free accurate cryptos signals: https://www.predictmag.com/   
    • DUMBSHELL:  re the automation of corruption ---  200,000 "Science Papers" in academic journal database PubMed may have been AI-generated with errors, hallucinations and false sourcing 
    • Does any crypto exchanges get banned in your country? How's about other as Bybit, Kraken, MEXC, OKX?
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.