Recent content by Rodrigcn

I tried to trade the ES, while I do like it and it has logic attached to it, I have a hard time working on some trades. I do hate that the ES ranges a lot, can be very tight, prone to relentless tricky channels and that it is hard to get filled at times, especially when fading. I follow the NQ a...

Exactly, at the most macro level it's buy low sell high. I would also add the ability to spot a price/zone/w/e you want to call it - area, where in the case of a market with 100 participants, you have a good probability of being right in your take on the percentage distribution between both...

Yeah i was taking a look at eur.chf and it was a little confusing, I would have to study the correlation more, but I can see that getting pretty complex until I can get good at estimating the correlation factors between the three currencies. I do like to look at the usd.chf alongside the inverse...

Interesting, I'll check it out, I do find the correlation helpful but it can also be confusing at times. I'm thinking of trading both, for example is i see a sell setup in the usd.chf then selling there, even if it doesn't necessarily look like a buy in the eur.usd as long as its valid, because...

One last thing - i think an often non mentioned factor is time - how long you as the trader are willing to stay in the trade which is a sub factor of the risk you are taking. I.e. - in my second example, the trader was willing to hold for a very long time (if he is a short term trader) was able...

Plus I've noticed that just one market usually offers more than ample trading opportunity in a few hours

Exactly, I would never either, there's much more to picking trades, I was showing these as an example to prove my point. I really think a good price action reader who is very familiar (specialized) to certain markets can do very well. I mainly focus on the EURUSD and trying to get better at the...

To add for the discretionary traders out there, I think edge is also highly dependent on trade management as well as learning directional probability - you think there is a higher probability of the price going up 2 dollars as opposed to falling 2 dollars, hence that presents a trade-able...

Yup, I was talking to an experienced trader about that the other day. It does suck but I guess it's the price to pay for getting the TST platform. Still have to get past funded trader prep but if i do pass I think i'll try to trade the funded account hence I would have to eat the cost. At this...

Another option I just saw is the emini e7, which has larger commissions as a percentage but also a good option for swing trades, anyways thanks for the comments

Gotcha, yeah it's not the best option but when you have no money. I'm still figuring out what's the best way to trade, May has been my first "real" month trading so I'm doing TST as a challenge but will consider all options, if the swings in forex start getting pretty large similar to early 2015...

Hey what are your fees and commissions? TST uses a static amount, a lower than normal. Looking at the costs for Ninjatrader its like 3-5 for round trip with certain licensing:

Combine complete - next week going to start funded trader prep: Pending may 12th error - second-long b.e. trade but commission cost factored as losing day - was profitable every day

An example that i used today in the spy emini - i'm in a chat with other traders: There was a big bull spike yesterday which if the trade was good should net at least 1:1 Risk/reward, that target took to yesterdays high, where there was a little selling prob due to profit taking but the...

Yeah that tells you if one side is giving up, and those areas also offer pretty good trading opportunities. I also look at the risk and reward for trades on multiple time frames when i look to enter on reversals or continuations, etc, to give me ideas of where the market will find countertrend...