#5 Down This is the one that looks like a nightmare with NQ and ES. Those babies like to crank down! And if you are long you are toast. But I guess with a good stop you wouldn't get killed. And if you like to trade breakouts with equities, it looks like that won't work with ES/NQ. And oscillations, forget it. How about cup-and-handles? Do they work? Does ES/NQ ever consolidate? Doesn't look like it. From just looking at ES/NQ, they look like a different ballgame than trading equities. Yes, Dave, just give us one setup.
I know. Higher lows and lower highs. Wasn't it Linda Raschke who said you could make a living doing this? But the darn things are so choppy... :eek:
"#5 Down This is the one that looks like a nightmare with NQ and ES. Those babies like to crank down!" But that is fine - at least it goes somewhere. I find it is the slow eradication of capital induced by 2-4 that really is the problem. Vampires feeding on you, but keeping you alive so they can continue to feed on you for some time to come. Sorry - was watching Salem's Lot last night!
Funster How in the heck does everyone get bold faced print on these posts? And different sizes? I agree that the sideways and chop-chop is not a great place to trade. A market without direction is no help at all! As far as vampires, I have my silver bullets and wooden cross right next to me all the time... Don't know if they would be much help with 2-4 though...