thanks wacky pete. I have been thinking about 4 x. I currently trade the es with a target of 1-2 points (50-100 $ USD) per contract. I only trade 8:30 am to 10:30 am chicago time (-6GMT). And i love the fast charts of the high volume morning fast trading style. so u think 4 x is similar to the...
Going thru the same thing brother.. Its gonna take alot of pain to finally say " i will never will deviate from my rules"" those impulsive reflexive re entries after a loss are killer. and countering a strong trend is the worst acct killer
Hi guys. I trade the ES here in the Chicago -6 GMT. Starting next month I will not be available during the day. Does anyone know if I would be able to trade a European or Asian Index. during the evening hours here in chicago. Cant trade ES obviously because no volume at night. I am looking for...
I really dont hold much credence when someone says a tool is ludicrous. There is a time and place for the use of a tool. To say a tool is ludicrous, i would have to dismiss that statement. It obviously and clearly shows when prices are trending or are range bound. Your method is too subjective...
hi guys. I wanted to know if any of you use the ADX as filter for when to take or not to take counter or trend trades. I got chopped up in strongly trending markets trying to counter it. then went to straight trend strategy and also got chopped up with trend only in range bound markets. I...
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I ALSO USE MY PIVOTS.COM AND CLICK ON ECONOMIC EVENTS THAT WOULD INFLUENCE PRICE ACTION. I LIKE IT BECAUSE IT IS ONLY 2 CLICKS OF A MOUSE AND I HAVE THAT INFO,
PROSPER DEAD $$$$!
:clap:
FINALLY SOMEONE WITH COMMON SENSE. COULD NOT SAY IT BETTER DEAD $$. FINALLY A UNBIASED OPINION. LOVE CALIFORNIA BY THE WAY. I AM NOT REALLY FROM ALGERIA. GOTTA CHANGE THAT!!
I would agree that the market spends most of of its time consolidating. especially during the overnight session which already constitutes 66% of the entire available trading opportunities and during low volume lunch time hours which constitutes another ~20 %= 86 % of the time price is in range...