Amen...Brother.... If you absolutely must scale out...then PLEASE make sure that your FIRST profit target is at least 150% to 200% the size of...
I saw that hammer big time as it was forming...anyone noticed that the $VIX is at extremely high levels while the market has ONLY retraced...
Ditto.....Market Internals are lagging....and sometimes inconclusive...trin going down..but market going down too...been there done that.......
Razor...you should also probably focus on the old adage "let your profits run".... A metric that I use is that if I am not profitable after 10...
Anek..actually, I don't use that canned Tradestation showme...I simply "eyeball" the chart...the default setting can, however, be adjusted.......
FWIW Tradestation has a Penant Breakout Showme study that can be adjusted to pick up some symmetrical triangles... However, I believe the...
wow.......position size software for a kick-ass trading system....what a trade..... ..I can do you one better........I'll trade you our nuclear...
I'm hungry already :p
"You should either make a business of trading or else not try to be a trader. You cannot be successful at trading any more than you can be at...
Scalper21, I'm a russell trader as well... Do you also look at time and sales for the russell?....for instance do you look for block trades...
so are you still trading your s/r strategy?
don't forget about the russell...the russell and ym are highly correlated and they move together....but...1 russell contract is equal to 2 ym...
709.70 was hit..scratched out on the trade... I'll take a scratch over a loss any day.....
looking to go long the russell above 709.60 if it happens....
ouch....don't sweat it...you'll make it up in no time...... how's your YM testing coming?
scratched on the russell...russell is choppy this am..
my levels for the emini-russell... I will be taking these if the momentum looks good before the breakout...... long above 728.50 short...
watching these s/r levels on the 30-minute russell... long above 722.60 short below LOD at 706.30
futures trader- I will enter the trade 1-tick above the entry levels posted.. I use S&P pit noise to filter the trades before I take them...
My emini-russell levels for tomorrow: Long above 718.40 Short below low of today at 702.60 any comments greatly appreciated :)
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