We're very near a (short term) line in the sand, IMO of course. Here's an update of the same chart I posted a week or two ago...........no...
A few things to watch on the VIX index. We found support at the gap from the end of September - still has not been filled. Seems we'll need...
I tend to agree that we may well have topped for a while. Here's an up to date chart I posted last week........made it to the gap, then sold....
My reply is still the same. There is no hard fast rule that works all the time, and <u>as a trader</u> you must always be aware of the trend,...
Generally speaking - it often can depend a lot on the trend and where S/R is. In an uptrend, buy new lows, in a down trend, sell new highs....
I know it's tough to do a search on his stuff, but here is one I found: http://www.youtube.com/watch?v=76Y8dxY1Q4E&feature=channel_page&fmt=18...
First, realize that S/R levels occur at different levels depending on your trading time frame. For example, resistance on the daily may be...
For me, it was major.........Not knocking anyone here, but I just made a quick $500 shorting ES, now closing my trading platform..........but...
Yes, I agree with your thinking - -and I really could care less whether we zoom or tank because I trade, I no longer invest. What I've...
It's a technical thing, but I agree that before we zoom, we "must" retest the lows. If wrong - no big deal. But per T/A, there is no way to...
More down seems only way too obvious to me as well - but when? Before we head lower, we need to have a <b>confirmed</b> break below 919.00...
Assuming that you're trading ES, chasing for trades is a bad habbit imo. Simply place your order a tick above or below. When price hits and you...
In a down trend, sell the gap up. In an uptrend, buy the gap down. Other than that, you're on your own. :eek: I agree with the OP, gaps are...
I know little about Sykes, but what I know of him is that to me, he is little more than a loud mouth. I do not like loud mouths. Enough said about...
Vix moves inverse to the S&P, but not tick for tick. It moves inverse, though to varying degrees. Yesterday, there was a negative divergence...
....till it ends. Today's move up to (support turned?) resistance was on declining volume as the day ended. For the last month, every time...
Yes. Use ES H9 now.
Hi Paul, Thanks! I use Qcharts http://www.qcharts.com/ There are other charting packages out there better than Qcharts I think, but for...
Susannah is right on. The ES are a leveraged trading vehicle, iow, it takes a whole lot less of your trading capital to make (or lose) a whole lot...
Don't ignore the chart, rather strive to consider the whole picture and trade accordingly, using the chart as a main ingredient of the whole...
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