You spelled it wrong and added one too many words. Here, I fixed it for ya. Spelling and the message. "I continue in vain".
Lest anyone misunderstand me, I'd be watching the ES chart and I would build my trading plan around the ES, not the micro. I'd have ES chart and micro loaded in the DOM. Also, if Home Depot could arrange it, probably would want to be available for trading through the noon hour as more and more the mornings are garbage and the best set ups are happening just when the market used to go to sleep for the day. I doubt that that is permanent, but it has been the case even todaay, imo with the two best longs being the test and re-test of yesterday's close. Of course, that's based on my trading plan, and someone else likely sees it 180degrees differnt from me.
my ideal play which i sadly missed, would have been when price dipped into 81.50 and 82.50 ( it was a range i drew around open, and saw lot of action during the course of day. Also the uptrend signal was received at same level, which had a very high probability of breaking previous high (91.50). But cant set a target how high price might go. The trap would have been an ideal signal to get out, after price got pushed up. After that i have no biases or clear signal how to proceed further, if the price push down is worth any salt or not. thats just the summary . Lesson learnt, don't jump into trades, let the trades come to you.
Absolutely ... I know other will cry "hindsight" but every morning anymore I load up my charts and my set ups just pop off the screen at me ... from 9:30 PM and again at 2 AM ... and then continuously after 4 AM ... You make a great point, speedo. I think those micros are better than paper trading - you risk $5/point, not much, but it is money. You blow through 20 ES points of losses you're out of business. But better $100 than $10,000, right? FWIW i just traded a 1 lot of the micro and it tracked the ES almost exact with respect to the bid/offer ... there was a gap here and there because not trades would take place at a price level or two, but it did not effect the trade. If you watch the two DOMS side by side it gets a little weird when that happens, but build a plan around the ES, trade the micro, and make 200 points net after fees your goal to graduate to the ES. Also, probably a good idea to set your DOM to show ticks +/- rather than $$$ ... it will make the transition from micro to mini seamless, I would hope. Could be quite a shock watching you -$10 losses suddenly read -$100 ... better to keep to to -8 ticks, rather than the $$$ amount.