I don't feel I should trade today. I'll just relax this morning, I got the book Mind over the Markets on Market Profile (there is a good thread...
Buy1Sell2, I don't have the patience for longer time frames. As most traders, I started with buy and hold strategy. My first trade was in march...
No trading today.
Often Pivots coincide with high/Low of one or two todays ago. That's where they get their credibility I think; the rest is self fulfilling prophecy.
Buy1Sell2, Are you on Atkins diet ? :D I barely understand what spreads are, let alone live cattle. Best of luck.
Mark, Friday was an exception for me. Usually I don't drink at all during week days. I shouldn't have traded at all in an impaired state....
The only things I am proud of so far are: taking my losses, and not having a bias on the market, I respect it. I switch from short to long very...
Shorted at 1271.75 (it should have been at 272.25) target 1268.25 stop ate 1274.75. CCI divergence, overbought, keltner channels as resistance...
bought at 1272.5 target 75.5 risking 2 pts 1270.5. Closed the trade at 1273. I need to take a deep breath and clear up my mind. Total: 6...
I just can't find any reason why I shorted. Probably self sabotage that might explain it, otherwise I can't see anything else. No overbought, no...
shorted at 1268 3 points target and 3 pts stop max. The market looks weak and I can't wait for the 60 period ema to be hit. Closed at 1270.25...
I think the price will go kiss the 60 period ema, before it retraces on the 5 minutes chart. That would be a great short opportunity as many...
There is a potential long trade here at 1265.25, but needs to be confirmed by YM. We need a green candle with higher high and higher low....
Today no trading before 10:15, until everybody has made his mind about the economic data. There is a clear support at 1264-1262.5 next is...
After taking a deep look at the charts of YM, I'm adding YM to my screen. Everything has to be confirmed by YM otherwise no trade. This morning...
Buy1Sell2, Did you cover your short or still open? Could yo be more specific on the way you use overbought and oversold on 60 min charts?...
That's true. That's why I count the number of trades. Right now I just trade one contract, well as long as the method is not successful. You can...
closed the trade at 1273.5. Which doesn't make sense but I started the day very badly, I needed to have a winner. I have to go to work this...
stopped out at 1276.5. Worse I kept my short at 1275.5 for 3 pts target and 3 pts stop. I knew that there is always a counter trend mid-day. All...
Too impatient. Shorted at 1273.5 for 3 pts target and 3 pts stop loss.
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