Anek, I traded the ES this am and got chopped. If you would have taken the same trades (at same time) on the ES vs. the NQ would you have faired as well? Thanks, Tyler
I went to NQ since there was the idea that it trended well. Good place to practice imo. So here is something I'm looking at.... If price retrace is looking a little choppy or weak, I cut resolution in half. If it still looks questionable, I'll cut down the res by another unit. 1500/3000/4500. If the 4500V candle looks ok, then I will look for confirmation from that res. I think this idea is spawning how i would want to treat resolution. -Tech
TV, ES was a different chart compared to NQ, as expected. Use frequency of waves to guide yourself, this has been discussed in the past, just a reminder for the readers. Anek
Tech, Nice chart comparison, good timeframes too. Chart size is extremely personal. Look at Razor using 400 and he likes it just fine. Shoot for what best fits your trading style. Anek
NQ Head and Shoulders at 1500 volume bars. Watch shoulder for long breakout or neck for downside. Wait for confirmation, first wave is for the amateurs. Hope it helps. Anek