Wait now, maybe I should concentrate on the algo traders, for they surely have it cracked. It really is funny how silly people can be.
What is it about my post that is wrong? I did what you asked. Please explain? https://www.elitetrader.com/et/thre...ced-es-daytraders.302885/page-27#post-4343072
ES is being artificially held up, but that's not the interesting part, the institutions left the longer timeframes some time ago. These past two weeks performed an experiment, put up live streams one of which was ES with core timeframes. People looked at it, went blank, and then went on their merry way. Dennis was correct, you can put the information out there but few have the clarity and capacity to act on it. “You don’t have to run faster than the bear to get away. You just have to run faster than the guy next to you.” That's a section of the stream from the past two days, the interesting part is that the institutions have moved down to the lower timeframes, if you look closely you might even see the signals. For most people trading is like the Toblerone logo, once they see the bear that's all they see.
This is funny to watch, every one is distracting themselves trying to make sure the other guy falls further behind than they are, not understanding the real goal is to make sure they run faster than the guy next to them because the institutions will have them both as a tasty little snack.
Out of curiosity, why do you say this. Is this something you are saying is apparent on the chart you post?
I have heard a lot of stupid things about daytrading the ES, but this has to be one of the best. Acknowledging that trading is a personal thing, and one person can be successful using certain approaches that others find difficult to use, but I seriously doubt that what you have shown on the chart is an approach that will yield consistent profits daytrading the ES on a regular basis. To back up your theory, you could post details of at least one live trade with chart marked up, and then we can discuss the approach more and identify why it will not make you money each and every day daytrading the ES.
For a start you are not an Elite Trader who daytrades the ES on a regular basis, but as I am not ignorant I reply to your posts. However, your attitude leaves a lot to be desired and you do not entice people to reply to you. You should learn to be more civil and not demanding answers to things that you do not understand. I could tell you in a few simple lines what you really need to do to become profitable trading any market, but the odds of you (or anyone else for that matter) taking my advice is very slim. This is just the way things are, and is very clear to see by just glancing thru this website. Your chart, I will ask you a simple question. What is the main reason why you use this particular chart settings and what do you hope to accomplish by using same?