I've just shorted QQQQ to lock in the calls, no problem there. (Not long ago they made it easy to short by eliminating the up tick rule!)
Only after you already posted both charts here or somewhare on the internet, like this... (use Quote to look at the code) [img] [img]
This is the market that you should throw your TA, your stat. away, and tie your hands to your chair and watch. Don't just sit on your hands, tie them.
Ouch !
I understand you have a 20pt max stop, do you exit intraday or wait for close ? Job well done, I enjoy reading your journal.
The important level, to me anyway, is 1260, as shown in this ES 3.5 x 3 chart. [img]
[img] [img]
take a look at this page http://www.trading-naked.com/JerrysDragonPattern.htm The Tail and Head parts reveal more support/resistance levels...
ES 15min dragon, a long trade. [img]
right click on "s&p 500.gif", then click on "Copy shortcut" on the popup menu, paste (keyboard: Ctrl+v) the link into your message body. (use Edit...
Nice call. Resistance here [img]
1272 signals the retracement in 60min chart is completed and bouncing up to test daily trend line, imo.
Nice Sandy, I see the same use in PnF charting. But you might want to increase the box size, a 0.25 box value chart will print all highs and...
D, take a look at ES futures options. 1. spread not bad these days, in busy hours it almost like underline ES in some strikes; 2. you can...
They are certainly similar when you only look at the middle part of a dragon. But a dragon formation also has tail and head which reveal much more...
For those interested in the Dragon price pattern, look at these 10-point range charts of NQ and ER2. As long as the dragon's back line hold up in...
ES 1x3 [img]
I'm very impressed by her performance today, btw. Only really good traders can survive such choppiness, and only top traders can still milk such...
Price was not at support level, no trading range established up to that point, so the trade does not qualify as her "rabbit" trade; It is also...
to go long, say bar #3 high 1270, you enter at 1270.25 me too, plan to take weeks to finish the reading, good stuff.
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