How do traders know when a top is approaching? They don't - They wait patiently for their signals to confirm the resulting lower high and short...
ePandit, I am a beginning trader with 2 years real trading experience. I have a positive expectancy edge, that I totally believe in. I have...
IT4M, There are very,very few ET traders I read up on. But for those I do none of it is for strategy - its all for...
IT4M, I agree that there seem to be many advantages in index futures, including leverage & limited manipulation. My edge only exists in the...
Please can you try this out on both the NQ & ES :p Seems a rather random strategy IMHO. Good luck
I agree 100% with Austin. The Juice is a real seduction....but it will freak out weak hands. The key thing with ER2 is be more generous with...
Hi John, Nice journal. I'm a big fan of Market internals too. Have you ever used pivot levels. Check out the Monthly R1 level failure...
From my perspective the indicators that lead NQ & ES, at critical junctures, also drive the ER2. ER2 seems to react to either NYSE or Nasdaq...
No positive expectancy edge & FEAR of losing money, being wrong, missing out & leaving money on the table.
Yes - everything has to have a 10min signal as a minimum.........a 60min channel/monthly pivot level touch or even a 60min signal are a very nice...
I started off 18 months ago with the 1 minute chart (sometime even 30 seconds at the open) and gradually moved up through 2, 3 and 5 minutes to...
NQ also channels pretty well when in the mood......thus the exit at 1547.75 yesterday.
I managed to lose my copy of TDT on a skiing holiday in April.....TITZ was my favourite of the two - but both top reads.
Exactly - whatever floats your boat..... Personally I don't get along with any indicators - even BBs or MAs. I know my fears hold me back...
NQ-E, I use daily, weekly, monthly pivot point levels. Weekly & Monthly ones I find are particularly good R/S levels IMHO. Daily ones are...
Hi NQ-E, Nice thread.... I find the use of daily, weekly & monthly pivot levels in NQ a great reference for 10min & 60 min TF signals using...
It was very juicy indeed JJ....it helped that there was daily, weekly & monthly pivot support around 1267.50 - I can't believe I only managed to...
IT Management Consultant Good: the day rate and social's of team working Bad: the lack of challenge after 20 years of "same problem just...
Bogey - try an ATR based stop level. I've traded the ER2 for quite a while and started with 1pt stops - but realised based on my results that a...
Got eaten alive trying to catch a bottom, especially after I missed my opening short. Not many days you are positive (just !!) with 5 losers to...
Separate names with a comma.