Make That Call

Discussion in 'Trading' started by Almond_Dragoon, May 22, 2008.

  1. I was going to put this in a journal, but I would like input.

    I think traders on ET are making things toooo hard.

    S/R is a crap shoot. Why? Because there are a million options.
    Double Bottoms
    Triple Bottoms

    That's off the top of my head.

    If you put all the possible S/R on your chart, you won't be able to see price.:eek:

    Indicators? Okay, what settings? Which ones? Good luck with that.

    Backtest to see what works? Curve fit is what you will eventually do.

    So I would like to try a real time experiment. Let's make some calls. No details required. No settings. No timeframes. Just make your call, and tell the indicator used. You can use any instrument.

    I will go first, ES is my instument, volatility is my indicator. My bias is neutral on this market. I will go short at 1382.75, long at 1406.25. Stops at signal in opposite direction.

    opinions, comments, snide remarks welcome