I agree about accepting days like yesterday without looking too much into them. However, a good trader knows how to adapt to different market...
Let me get this straight: you can pick good entries at key levels, both on a smaller and bigger timeframe. You also can let profits run and...
Amen to the above. Let me add another variable most traders tend to overlook: it's not about %return on capital invested, but rather trading...
Great post. I couldn't agree more with you.
Alarms set. If ES drops below 1124 things may get a bit more interesting, if not today won't see any of my business.
That pretty much sums up what I wanted to convey. However, I like to take risks when I know the potential rewards. Let's just say this type...
This is a complete mess from a TA standpoint. Trend is clearly up, which makes shorting a big NO NO right now. However, these frequent upgaps...
Question: what level would you select as the "pre-Lehman level"? Lehman went bust on Sep 15, 2008. Would you use the open/close of that...
Hi fellow traders. Uptrend is still somehow intact, although bulls are doing a piss-poor effort to move up. It looks more like a controlled...
Not impossible to reach today if we break down again.
Euro breaking down isn't helping the bulls' cause either.
ES got rejected at 1st try. The problem for bulls is that this parabolic upthrust has no support whatsoever and could be retraced rather quickly....
Yes, that's a key level for ES. If ES were to break above it on nice volume, then we could really have a big rally. I am still VERY BEARISH...
You had a great entry on this short. What is your trading style like schizo? By the way, the 4pm rush-hr traffic spoiled your short. Bears...
Something to give bears a chance for next Monday/Tuesday: if we close in the green today, this would be the 6th consecutive UP day. You...
I don't have any knowledge about such %, so I'll take your word on it. Desperate traders can be both retail traders and hedge funds. You'd be...
You are right, I totally forgot about the BOTS. If your new strategy works, will you mind sharing it?:p
This is a perfect situation - psychologically speaking - for the markets to reverse: shorts have been squeezed twice: yesterday into the close and...
As a daytrader, I don't care which way it goes. I care HOW the market goes there. The big selloffs are short-legged and volatility is quickly...
Hard to argue with that. The old TA patterns have almost completely disappeared. This is a BOT market, very tough for traditional discretionary...
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