Recent content by trader2713

Is that a book recommendation: Evidence Based Technical Analysis?

Do you trade off the 60 min or just use it for analysis and a lower time frame to execute on? I typically trade off the 1min chart and mark higher time frame support and resistance on it. But I use 1min price action to enter and develop a trade.

Thanks for sharing the chart and info. I like what you are saying here. I will dig deeper into your analysis.

Thanks, I actually do all of that. I journal and write down detailed analysis after each trade. And one has to be careful of over analyzing why a single trade worked or did not work because a person can always point to something as the reason but it could be pure coincidence given the numerous...

I added equities this past year mainly just to take a break from futures and try a different product. I do not trade futures and equities at the same time or same day. I have been trying to find the fit for me and after years of futures I am trying equities. The reason I stop trading a strategy...

I have been a full time intraday trader for over five years. I tried numerous strategies only to eventually have them break down or not have enough consistency. I even taught myself computer programming and began coding my own algos, but due to the inherent risk of constantly over optimizing I...

Yeah I agree with beerntrading, what I was trying to say is that it is hard to "not" get wrapped up in trying to attain the perfect entry when using r/s as swing entries...some price levels can appear extremely attractive and too good to be true...then it is hard to resist not waiting until a...

I will just have to pay closer attention to the action when we start to get close the r/s levels to try and catch an earlier than expected reversal...

Yeah I agree close counts and r/s will change rapidly. I try to monitor this and the psychology of round even numbers close in and around the r/s zones. It is hard not to get wrapped up into the perfect price point due to the allure of a perfect entry that maximizes profits or creating small...

Many times I see gold, yen and the treasuries futures run together in the same direction when money starts to poor into the safe havens. It looks like there was quite a bit of indecision today over the fed statement in those markets today

Nice advice, I have traded the Bund before and usually like the clean charts it presents most of the time. I will add it again. I was thinking about adding options to the mix and that was one of my main ideas to keep trades flowing. I have not considered commodity spreads yet, maybe that is...

Exactly!!

Thanks for the pdf I will check it out! Do you look for all types of reversal candles... inverted hammer, doji etc or mainly a big hammer candle? Just wondering if you give more emphasis to some over others.

Yeah I was looking for a 2388 area pullback to go long. It is close to yesterday's low and at an area of S/R we had in the ES before last week's selloff. It stalled as usual around 2400 but it looks like the Fed minutes may have pushed it a little higher for the close, at least that is the time...