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selling 2906 stopped out again. This is the reason I don't normally trade the first two hours.

buying 2902.5 stopped out again

Stilll waiting for 2906

order to sell at 2909.25 +4 ticks

stopped out on the first. Another buy at 2906

I have an order in to buy at 2907.75

yes

This is an attempt to demonstrate a fairly conservative way to scalp, mostly the EX but the technique is valid for any futures product. I propose to enter in this space orders at key levels when there is still time before they are likely to be executed so that any followers--should I have...

what else?

Do you actually think that there is a trading setup on that chart? I believe that trading involves a lot of waiting, whether it's daily or one minute chart. This is a waiting chart.

I don't pay as much attention to the future as a swing trader would so this chart is just a theoretical endeavor. If I were a swing trader I think I would use something like this which gives some idea of what might happen. It depends on the confluence of the two major variables: the fibs and...

Hi Sprout, I'm not interested much in the theory behind Fibonacci, or Mandelbrot. And everyone probably has a favorite tool about which they have learned all the ins and outs. It's not necessarily that I'm anti-intellectual, only that I found that the Fibonacci products are the best for me...

That is absolutely right. There are only rarely opportunities like we have seen in this last volatile period--which is not ending just because we had a big up day today.

I guess I am one of those guys on the internet. Your learning curve will be shortened when you find the right system to trade. It has to be one with which you are comfortable. It would be hard to say how long it would take any individual. It took me years, but I don't think I found the...

It's discouraging to read these bleak posts. Well, I suppose that's what they're meant to be. As far as being time-consuming goes, as long as you are your own boss you can spend as much or as little time as suits you. You will not have to become a physical wreck from day-trading. I find that...

Yes, staying in cash certainly feels better in volatile times. But there is also the fact that you are missing opportunities as well. And if you lost some money then you are just like just about everyone who tries to trade. I lost lots of money before I figured out the way that it's best for...

Thanks for posting. You certainly have done better than the average person. You have made back a substantial amount in your SIM account as well as having two profitable trades in your live account. You made mention of your using the term "ATM". Are you using options for these day-trades? Or...

Thanks, Sprout, for your sensible attitude. Too many are trying to one-up others on the basis of nothing at all. I will not be following this thread any more.

I don't want to get into a stupid argument about "upside down". The chart speaks for itself: the support and resistance areas are clearly defined on my chart as they are on yours. And if clicking the icon is too much for your index finger I would suggest doing some exercises. I don't know...

Suntrader, your chart is good though the explanation is a little confusing. One thing that might help is showing the points at which the drawings started. I will show you my version of the same chart (Thursday July 6) and I can tell you that my fibs were drawn using the overnight high/low of...