Recent content by Tractorboy

Yep, just read the entire thread and do the work yourself. Because unless you can prove it to yourself you shouldn't be trading it.

xburbx my observation is that it's good to take profits using the BB opposite of the entry BB. Make sense? In the attached chart I scaled out of 2 contracts about midway and the last one just shy of the BB which was 4 points. Notice the tick was very close to the BB also.

Trade of the Day

Yes it is the ES and the second panel is $Tick on a 1 min interval which is an integral part of ESR's method as I understand it.

The established trend I was referring to was the fact that lower lows had been made as noted in the chart. That was the trend for the day which could have been seen in most any time frame.

This chart from the Jan 16th shows where this method is a fantastic way to get on board the trend. Although there isn't an exact number to work with like a pivot high or low you are looking at an area of resistance. On the 3 min chart that retracement just touched the 20 ma.

BTW those are on the 14th. I took the one at 11:15, great trade. The one at 14:11 looked like a true breakout of a smaller range and possibly a long candidate on a retracement. The move just seemed too vertical to short for me although it would have worked out. The attached chart...

What are the dates of those trades? I want to see if I traded them.

Download the Camtasia free trial, that does it.

What a fantastic way to jump on the trend.

Fresh good fast food. What a concept. I had my Doubledouble yesterday. :)

Happiness is relative. If you're not happy in your personal life money will not help you. Money can offer you security and that could contribute greatly to your happiness and peace of mind. I know I was a hell of a lot happier before I took a 30% pay cut a year ago.

Defy human nature - do the work yourself. Jim Twentyman

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