The Golden Age for ES Traders

"I'm lovin it!"

But ofc it fits my style.


Death to quants!

 

Look at the Nikkei 225 morning session, although even that has been quite trendy as of late.

 

Please excuse my ignorance but is CL Colgate-Palmolive Co.?

 

No, the CL we are talking about is the NYMEX futures symbol for Crude Oil.

 

I guess what he means is range bounded.

ES was very range bounded and structured back in 2002 and 2003. Even in 2006 you can out guess where the top or bottom will be put in for the day once a trend has started.

Nowadays, we may get 16 pts "tight range" for 2 days, then a all hell break loose day with 30, 40, or more pts. with no boundary in sight.

To the poster on rangy stuff,

The spread of NQ and ES has not increased in range. Check it out.

 

Yen and 10 Year ? I fall asleep looking at those. They barley move

 

I agree on CL it is full of thrills

 

I also day trade 6, but mine are a little different.

ES
ER2 (my favorite mkt)
CL
EC
30 year
Gold

At any given time I am only in one or two positions, but watching 6 gives me more opportunities. Ya need several screens though.

Jay

 

The Yen and 10 Year are monsters ... you probably need a good cup a java.

Good trading.

 

if you are not excited about volatility you are not a trader.