Coming from you greg500 I am humbled. TY for your support. How did you do today? ES P.S. Someday I want to get together in our yachts and party! Thank you guys!
Prayer to God: Thank You Lord for your Grace and Mercy. Please allow me to be responsible and sober minded. I know you have promised me to not give me too much to handle. I am nearing a crossroads in my life which you have made me aware of. Please help me to pass any tests that you will give me. Please grant me Wisdom to understand when you are showing me something and I know the "Holy Spirit" will intercede for me when I forget to Thank You. Most of all Lord Thank you for the Lord Jesus Christ after you had judged me for saving me...Carrying me and never forgetting my place in the book of life. Thank You for providing your Sons way into Heaven and for the strength and confidence that he gives. If one person reads this prayer and it is a seed for them to be saved, please do not allow me to know if you think it would puff up my pride. In the Lord Jesus Christs name I pray. amen. Selah
Yachts... that works for me... Today... only 5 RT'S with 3 contracts each... -$295 includes commissions. I recognized the choppy range early. First trade didn't come until 9:51 est. Short trade breaking a fractal low. Was hoping for some follow through and an attempt at the OVL... nope. 2nd trade was back through the open above 2830.75 Got great location but took a small gain. 3rd trade was above the fractal high. 2831.00 I came back at it again.. 4 and 5 were shorting attempts below the OVH 2835.50 Got caught on the first short... It was the correct direction but had a fast Impulse against me... While in the trade I was contemplating if I was shorting a Pullback So, yes it's Friday, summer-time, but you have to be ready all 5 days. A good point to make... Going into the open... Levels... Yesterday High, Yesterday Close and of course the days Open... All levels close together. The initial volume node at the open was balanced and about 4 points. That went on for 20 minutes. When all things look tight, I use more caution... Plus, I hate ruining a weekend... Best Wishes, Greg
Have you ever heard of God's Helicopter?? https://storiesforpreaching.com/i-sent-you-a-rowboat/ The moral: if you turn down enough exits, you's gonna drown. BUT! If you liked the ATR(6), then consider the ADX/DMI±(12;12) for signals rather than that swamp posted here: https://www.elitetrader.com/et/thre...ize-trading-the-es.323463/page-4#post-4699717 With ADX above 25, enter on higher DMI above 25; exit with decline ("peak") of either the DMI or the ADX. That's two for ya -- a trading GO/NoGO and a directional indicator, in care of the good Welles Wilder. (Yay, him. ) The DOM'll give you the rest. (Y'know -- not to screw with your brain or anything.....)
Adding to this post.. Alternating Renko's.... No fun... Could be viewed as some Coiling or just chop.
Yeah about the exit thing...I kept jumping in higher(using a market order) one contract at a time and it would never give me a pullback out ...so then I reasoned I will have to take a loss as I have been in this trade set too long...I look at the chart now and am wondering even if my new rules would help... Checking: My helicopter would have arrived at 9:55 mst...Thanks for the ADX/DMI but the Tradovate platform does not have it. ES
Good Job..you trade with the trend. I always thought that was trading the unknown heavens, besides trailing stops are so far back or front and you need so much power from the ES....the reversals and pullbacks seem to have borders for me. But hey it is far too early for me to have an opinion. About the weekend...I am in SIM. ES P. S. Nice day for Yachting.