Recent content by ricmcnfl

Gerry, Good point. Thanks. I am trying to understand what I see as the day unfolds. It is difficult without knowing what to look for, then once you see it, it is more understandable. (Can't see the forest because of the trees, and can't see the trees because of the forest.) Will work on...

Thanks, Coffee. I'm using the Slow Stochastic and do use support and resistance lines - I draw them in. Will start paying more attention to the support and resistance areas. Also looking at MacD to see if the histogram/MacD combo will help with eliminating the short trades "triggered" by...

I've been working on learning price action (ES/TF/NQ) and have a ways to go. Did start using trading indicator cross-overs on a range chart and have been doing much better with this aid. The last 3 trading days I went 5/5, 4/6, and 2/4. The 2 for 4 was eye opening. The 2 lost were before...

I learned a bit about price action from a guy named Al Brooks. He's stateside and the price was reasonable at $250 for the video course. I'm a newbie - win more trades than I lose but the money management is off, so I'm struggling there. Have to learn to cut the losers more quickly.

Yes - overnight activity causes gaps. Spikes also create "gaps" but we see them as ascending or descending bars. They trade like a gap in that the market may try to fill them at some point.

Right now I'm trading /ES and doing lousy. Getting in late and then afraid to let the market "breath" much. My best trades have been trading range trades - horrible stuff. I did a lot of studying and did great paper trading prior to going live, seeing some great profits and them losing a...

Hiya Peter! I like the futures arena but haven't quite figured it out just yet. May get into Forex as it is similar. Working hard or maybe hardly working on this end... Will know soon enough. Rich

I thought this would be better than that long Introduction post... I am new to T2W and love it. Being from FL, USA , this website/forum is invigorating and interesting, informative and seductive. Most of the state-side forums are pay-for and it is unknown what the content is. I have not seen...