nice thread here & i`ll contribute when i can.....looking foward to it.completely agree on having set targets....resting b/s limits & sticking to them,usually scailing out in .25 incremets right down to my target with the highest # of cars at the bottom/highest target..........eg. short 8 at 89.75..............buys @ 1@87.50....1@87.25.......1@87.......2@86.50.....3@86.25. That was pretty close to my A.M trade today. Steve
Thanks, and welcome. How do you determine your entries? Do you use a trading platform that is programed to scale you out or do you do it manually? Just asking... 4re
4re......don't get off track.......keep the small targets....your market is scalped and daytraded like no other emini...see ur money take it out......keeping yourself out of trade is best..... no offense intended......
most traders fail because they think too much.....and know too much...and want too much......and trade too much.....
This is what I keep telling everybody. The way the ES trades these days it is a must. Trend traders nightmare...
my levels for Erussell have not been hit still long above 745 still short below 706 thought I'd add a P&F chart for a different perspective on the s/r levels......I often use P&F to confirm my visual analysis of the bar chart...