NT isnt what determines if you can see TICK, it is your broker. If your broker has it, you can see it on NT
As we all know that <a href="http://www.johnstocks.wordpress.com">Stock Trading </a>requires high attention due to maket fluctuation.If we are able to integrate stock quotes in the forums this would be of really great help and minimize our risk as well............
Hi everyone Please find attached todays levels. The S/R numbers are in the black column, the MP, Pivots, Fibs, Simple Moving Averages and Summary Numbers are for confluence and information. Always remember to use the numbers as a guideline for potential areas of high probability plays. Always use a set up based upon your system to enter a trade. Good trading all
Hi everyone Please find attached todays levels. The S/R numbers are in the black column, the MP, Pivots, Fibs, Simple Moving Averages and Summary Numbers are for confluence and information. Always remember to use the numbers as a guideline for potential areas of high probability plays. Always use a set up based upon your system to enter a trade. Good trading all
Hi everyone Please find attached todays levels. The S/R numbers are in the black column, the MP, Pivots, Fibs, Simple Moving Averages and Summary Numbers are for confluence and information. Always remember to use the numbers as a guideline for potential areas of high probability plays. Always use a set up based upon your system to enter a trade. Good trading all
Hi everyone Please find attached todays levels. The S/R numbers are in the black column, the MP, Pivots, Fibs, Simple Moving Averages and Summary Numbers are for confluence and information. Always remember to use the numbers as a guideline for potential areas of high probability plays. Always use a set up based upon your system to enter a trade. Good trading all
Do you have some place where you explain your entire trading strategy with support & resistance with eminis? I see the charts and the numbers but how do you trade using this information?
Yes, I would be interested as well. I went through most of this thread, and don't see much talk on this. Thanks in advance.
Hi everyone Please find attached todays levels. The S/R numbers are in the black column, the MP, Pivots, Fibs, Simple Moving Averages and Summary Numbers are for confluence and information. Always remember to use the numbers as a guideline for potential areas of high probability plays. Always use a set up based upon your system to enter a trade. Good trading all
Hi guys The mainstay of my trading method is described in the thread. Its kind of all over the place though. I will try and throw some of it together in future I am predominantly a discretion trader (aahh discretion a newbies worst enemy!), I use the $tick and bollinger bands to semi systematise what I do in terms of entry. I look for extremes in both at or around an S/R level. (this is described in the thread). My entries are based around the S/R levels (the black column) described in the worksheet, I use the other information to further refine my edge, when looking for intraday levels. But essentially, when I see my edge fading, (aggressive price action against me, tick fading with no fade in price) I exit. Most of my trades have a 2 point fixed stop but I seldom ever let a trade go 2 points against me, on average a losing trade doesnt exceed -0.75. If I am having a bad day with 3-4 losers, many times it takes only one trade to turn it all around and get back in profit. This I have found to be my edge in trading, many traders fall into the trap of 'hope', Andy Dufrane in 'The Shawshank Redemption' (great film) said "Hope is a good thing, maybe the best of things" In trading nothing could be further from the truth. Hope is your enemy, hope is the reason why some traders keep extending their stops in the hope that the trade might turn around, and take a 4 point loser when they were ony aiming tfor 1 point. Hope is the reason why most traders exit only when their full stop is hit, they see the trade going against them but hold on in the hope that it turns around. Went off on a bit of a tangent there : ) But essentially the basic premise of my method is in the thread, discretion is my weapon of choice, if I doubt my trade I get out, if I like it, I let it run. (sounds simple, but its where most traders slip up) Systems have their ups and downs, if you can master discretionary trading, you can remain pretty consistent. Please look through and if you have any specific questions ask away...