Recent content by 4pipsSake

I know this thread is old. I've been using their strategies the last month on sim and live and am finding them very good. Have spent alot of time tweeking things with the 200 sma and a few other tricks also. These trades are from a 5k account.

I have friends using them. They speak highly of S5.

I'm spewing. A technician who was working for me in Asia told me to buy Bitcoin at $3.00 . I nearly sacked him and told him he was a wan.er. Now I'm the wan.er for not even throwing 1k at it.

Good trading Big Mac, cheesy profits.com

Thought that earlier also until ES stalled at 2390 again. And what value do you bring?

Guess it's better than buying one then trying to sell 2 ah.

I'm flat. Don't trade through major news releases.

Obviously, you haven't done your research. When the market crash's some of the biggest moves happen during Globex. Been like that for years. Good luck with your mental stop then.

Interesting viewing. https://www.elitetrader.com/et/threads/es-has-bottomed.307904/page-9#post-4447639 And here is the update that goes with original analysis. Selling the 2388 zone has produced nice profits with low risk. And I have taken the money of the table.

Yeah, CL had a nice move lower all the same. Also watching what Trump is doing with Glass-Steagall http://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html

ES largely flat last night apart from one trade short of the 2388 level which I wrote about on another thread here almost a week ago picking that was the key level. Since then its retracted from 2388 several times and broken higher once. Presently looks like it's going to test 2381. Last...

"they are factored into size of swings and individual waves". Stop metrics use all that plus the ATR. The current market structure will largely dictate my stop size whether mental or hard. . Even if I am scalping I aways have a stop somewhere just in case some black swan event happens...

I missed it also, 89.75. Got this one earlier. 5 points. Stop size I use on entry for ES is 9 ticks. Target 1 = 9 ticks then stop = + 1 from entry, 2nd Target 18 ticks and managed by trailing stop to attain a bigger trade. But they are my defaults on entry. Can be adjusted a little depending...