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

Dynamic S/R really clicked today. Works really well when it goes with the trend especially in a very clear trend on the screen. I got stopped out using regular S/R in the first trade but saw a good Dynamic S/R trade come up right after. The tick was at an extreme and I grabbed it. My SuperDom sometimes sets all 3 profit targets at the first target. Happens about 1/10 times and I cant figure it out. I contacted NinjaTrader and they keep saying to reset the DB. Either way it was profitable, but I had to jump back in mid trade to capture what I would have had if the order worked right. Anyone else have this issue?

 

Thats strange, I've never had a any major problems with Ninja all in all a very stable software. However I do have it set up on a seperate computer with nothing else running on that comp except xp, not even anti virus software, and I format that computer once a month.

Im a lil OTT with my computer care regime but if you make your living as a race car driver you need to make sure your car is in the best condition. Having a good strategy for the race is not enough.

 

Damn, I thought I was the only one to format my trading computer a lot.
Munkified . . . Obsessive Compulsive Disorder

 

I am new to trading support and resistance. I receive your daily e-mails. I would like to know if you can send a definition list of your abbrevations.
VAH
POC
VAL
This would be a great help. Thanks

 

haha dont get me started prof, windows updates, spyware screening, defragmenting, cleanups, RAM utilisation optimisation, the list is endless.

Has to be done. With the amount of work me and a good friend of mine have done on my trading computers I should start selling them!

 

Value Area High

Point of Control

Value Area Low

You can find more detailed info here
http://www.cbot.com/cbot/pub/page/0,3181,1168,00.html

 

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

 

anyone take any trades this morning? I tried to use dynamic s/r at 7:13 and got stopped out

 

ESR, any luck with that bid/ask tool you were looking at and how to apply it to your trading style?

 

Took a dynamic S/R at 11:05 entering at 854. Saw a clear uptrend. Collected 5.25pnts profit but could have grabbed 10+ if I let it go. I need to get better at that.