I think you should wait before entering or reversing until the retrace is fully played out and a point 3 develops on both the ES and the YM. I...
Go study in Europe for a year :) The market hours for NYSE are 15:30-22:00 here. Market opens just after school and closes just before it's...
2 min YM Chart for November 8 2007:
It was a +37,5 point day for me :) I'm still sim trading but I expect to go live soon. SCT is going pretty well already, but I think I'm still...
It seems that instead of trading, you imagine a stage play with you as the only actor. You play bottom picker, then breakout guy, then short...
If oil trading is halted this kills supply, not demand. In a commodity like oil there is always a steady pressure from the demand side. More so,...
First of all, get some volume on that chart. Then, you could look at it this way:
This had me smiling indeed :) The awesome thing is that this method actually reduces risk and increases reward during high volatily. Where the...
We had a nice high volume, high volatility day today. Chart for November 7 2007:
A large part of the run up in stocks, commodities and real estate was caused by the eroding dollar. Because, when you go long a stock, commodity...
The YM was giving me a dozen signals during those 70 minutes. I had reversed on the FTT on the 13:55 bar but didn't manage to turn that trade into...
ES November 6 2007
The following words by Benjamin Grahim have proven to be true in the history of any market: In the short term the market is a voting machine,...
What's the reasoning behind those restrictions?
Printing money, eh? I'd like to buy some stock in those profit margins...
Well, imagine someone is observing us from Mars. They would see humans busy mining gold from a hole in the ground, then those same humans would...
If a government comes to power who supports the cause of millitant islam it will topple the balance of the whole region. Pakistan, being the only...
Well, a national parliament could vote in a resolution to abolish fractional reserve banking and to print receipts tied to physical gold deposits....
There is no elective body on the European level to do such a thing. Members of the European Parliament have no power to draft a bill, this is...
Today showed a nice profit of 19.25 points whilst paper trading for the first time. I made some mistakes like reversing on decreasing volume, one...
Separate names with a comma.