Prepping for the trading day

I trade the ES futures and gather this information before the day:

- ES pivots
- GLOBEX high/low
- Previous day high/low/close
- Significant daily/weekly/monthly levels
- General market news
- Any notable news in energy, financials, industrials, technology, retail, and transportation.

Am I missing something crucial?

 

How about fibs and trend lines?

 

I would say the key piece of information you are missing would be market prediction from the sharpest poster on ET:

riskfreetrading

(of course the predictions are not in real-time... so you will need to take that into consideration).

 

I haven't researched the efficacy of fibs. I keep forgetting the trendlines for the longer term (daily and higher) charts.

Thanks.

 

I think fibs work best when in confluence with other S/R levels - as do most things.

Good trading.

 

How bout a few Adderall and a pot of coffee?

 

More like two shots of espresso and three Marlboros.

 

Since this thread took a turn anyway, the herb vinpocetine really does wonders for my thinking, I usually have one of those in the morning.

 

I'll stick with the Adderall and coffee

 

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