Search results

http://www.dormantrading.com/TraderTools/quotes.htm?page=chart&sym=ESU10&domain=dtrading&cancelstudy=&type=CANDLE&a=W&density=H&studies=SMA(50);SMA(20);SMA(200);SMA(260);SMA(400);SMA(100); Another test of 50 from below this time. It was rejected, so that is good news for sellers. Quite...

Firstly, TY! Now about the concept, once you actually understand the concept you will be able to figure out nuances on your own & it is wrapped around the word - probability. In your chart I see a trend, not a congestion, when trend evolves into congestion that becomes the interesting...

Please re-post in my thread, TY!

FA beating TA is a blanket statement as far as I am concerned. Both are tools. There is no way to measure what is more potent without looking at a user too. My little "fund" is up 70% this year, pure price action based. It's on ET, real-time entries, exits, stops. Ok, it's a higher risk...

Hey come on now, play nice ;) I will tell you that my opinion on overall market direction will sometimes vary from current position. I am more interested in range expansion. It is looking different now compared to last week's close. I posted on ESJ yesterday that I do think that current...

Weekly chart closed putting in 3rd lower high rejecting both 20 & 50 averages. 3 lower highs on weekly is normally enough price weakness to reduce risk appetite. I sense ES will be pushed for a re-test of 100 average or ~1000 ES...

Promise?

Current results: -85 pips/-£127.5 @ £1.50 per pip +355 pips/+£1,065 @ £3 per pip -120 pips/-£120 @ £1 per pip +277 pips/+£554 @ £2 per pip -165 pips/-£165 @ £1 per pip -117 pips/-£234 @ £2 per pip -172 pips/-£688 @£4 per pip -132 pips/-£1,056 @...

+313 pips (+£2,504)

I am going to ride EUR some more. It takes times to s... out a swallowed hard boiled egg (a note to people unfamiliar with trader talk - regarding yesterday's p/a)

-16.5 points (-£495) Now short 1083 @ £60 point Reverse order still thinking. Nice vola pick up in Euro.

-148 pips (-£592) Now Short 1.3116 @ £8 pip Reverse order 1.3335 @ £16 pip

The most sensible thing is to wait for a confirmed breakout, whatever the chart looks like right now is still a 50/50 ad it stands, of course if one purely trades of wedge patterns, then I suppose he would be more bearish near apex of a rising wedge. Good luck.

I am withdrawing support for the OP's call, sorry Amigo, but you want to be in minority anyway ;) Just looking at weekly MA magnets & how price retested 100 average, closed above 50 & now 20 points to retest of Longer period averages currently around 1173 & 1210 ES. That's a rather obvious...

-120 pips (-£240) Now Long 1.3264 @ £4 per pip Reverse order @ 1.3116 @ £8 per pip

Eur/Usd +113 (+£452) Position reset, now Short 1.3144 @ £2 per pip Reverse order 1.3262 @ £4 per pip

I am now resetting position to initial stake of £2 per pip based on yesterday's range of 1.3146 - 1.3262. Current Long will remain unless 1.3146 is triggered. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2915189>

Weekly 3rd lower Hi being "disallowed", Daily is now quite strong.

IMO no gap there.

Which gap? I just think range is about to expand, which way is more likely is not as important.