T, I was recently given a tip by a world famous trader that financials intraday momentum are leading indicators to the e-minis because the big traders will influence them first. Unconfirmed. Anek
I trade the NQ....but I always have an eye on the ES. Just a small 15m chart with S/R marked. It's the Big Dog, so I like to know when it's testing key levels or confirming moves in the NQ.
Goldman Sachs, Lehman, Merrill...These are top names GS, LEH, MER....this is what i can recall on top of my head. Correct if wrong
Hi All Regarding the 3 hit which was mentioned earlier. I knew an old time trader which used to trade touches of the 34EMA. he always claimed that the 3rd touch of the ema most of the time failed but, he said that if the 3rd touch of the ema worked then it was very common for the 4th one to work as well. Question, can anyone point me to the Zig Zag ELD page number on this thread or maybe someone can post the ELD pretty please with sugar on top. and again props to Anek and the rest fo the gang for the greatest thread period , keep up the hard work it is amazing. BB
Yes... pullbacks and bounces are the only things I trade in equities. Here are the setups for stocks for tomorrow. Got in on FHC on monday... missed ANO today and some other really good plays because I put in the limits too cheap and didn't recognize how bullish the daq was.