Indicators are liars! Support and Resistance Trading for the S&P emini

Discussion in 'Index Futures' started by ESResistance, Sep 3, 2008.

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  1. Yes they are.
     
    #1351     Dec 3, 2009
  2. I agree and disagree.

    Agree S/R is great information when managing a trade.

    There are no absolutes in trading, not everything works 100% of them time. Trading is a game of odds. It is best to use S/R to define areas where the "odds" of reversal are more in your favour. That is what S/R is about limiting your trading to those areas, then using your system/price action to gauge your entry. There is no "prediction" You are simply working the probabilities.
     
    #1352     Dec 3, 2009
  3. ****LEVELS FOR NQ, YM AND ES****

    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
     
    #1353     Dec 3, 2009
  4. ****LEVELS FOR EURUSD, GBPUSD AND USDJPY****

    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
     
    #1354     Dec 3, 2009
  5. GiantDog

    GiantDog

    That's good. :cool:
     
    #1355     Dec 4, 2009
  6. ****LEVELS FOR NQ, YM AND ES****

    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
     
    #1356     Dec 6, 2009
  7. ****LEVELS FOR EURUSD, GBPUSD AND USDJPY****

    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
     
    #1357     Dec 6, 2009
  8. epetrov

    epetrov

    Hi ES,
    on what timeframe do you follow the market with the daily pivots? 1-10 min?
    Do the pivot works on monthly or weekly basis (for DJIA)?
     
    #1358     Dec 7, 2009
  9. ****LEVELS FOR NQ, YM AND ES****

    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
     
    #1359     Dec 7, 2009
  10. ****LEVELS FOR NQ, YM AND ES****

    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
     
    #1360     Dec 9, 2009
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