Most of the plays are very clear like that. You know exactly where in the market you want to enter using the S/R levels... The set ups as...
No problem, my method is very visual and I believe simple. Sure sometimes you will lose on a trade, like any method! Thats why you try to keep...
Not tick chart The $TICK is an index TICK - Represents the number of stocks ticking up minus the number of stocks ticking down. For...
Exactly...The theory behind BBs using 2 standard deviations is that 95% of price action is contained within the Bands. That 5% that moves out of...
Get some Bollinger bands up on your 1 min. Using 2 Standard deviations and the 20MA. Tell me what you see at that 80.75 trade you just mentioned
Couldnt agree more and exactly what I do. Your losses are your friend. They are the only thing in trading that will tell you what you are doing...
Oh and 20 MA on the 1 min chart is good, I use that as my "dynamic" S/R in strong trends. I used it exactly like you did for the 80.75 short....
Good for you mate : ) Previous Support becomes new Resistance. I did the same worked very nicely 1176.00 got killed on the way down. I took...
For how I personally trade 1.25 stop is fine. When the market is at its most volatile I have used a 2 point stop, but rarely I use a 1 min...
Thanks for the advice... BUT This info is free for all and will remain so. EDIT: I tried trading and posting real time and found it to be...
Hi everyone Attached are todays numbers Always remember to use the numbers as a guideline for potential areas of high probability plays...
72.75 just worked Great! I use Trade station. That was a 4hr chart on the continuous contract, using 24hr data. Just covered long.
Went waaaaaaaay back to 2003 11/23 You can see a lot of wicks hitting the 61-63 area.
63.00 provided a very nice bounce, however I was unable to get a fill. Hoping that the 72.75 area can offer some Resistance it has worked a couple...
Hi everyone We are all systems go for another insane day in the markets! Please be extra cautious. Attached levels for today. Always...
Hi everyone Insane day in the markets! Please be extra cautious. Please find attached levels for today. Always remember to use the...
EMC2 My point with that statement was to show the power of S/R levels, IT WAS NOT about the management of trades or using good entry methods....
These are the levels used for the demonstration all posted earlier
Another great trading session with the levels performing well in the premarket aswell as the main session. OK below is a demonstration of the...
Ofcourse their are many threads about Support and Resistance Trading, they all come from the realisation that S/R should be a major focus of any...
Separate names with a comma.