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ES had a DT @ 1070, intraday charts look on the weak side to me at the moment.

S1065 s1066 *2/3 +2

"5) Registration is limited to one username per member. Elite Trader may, without prior notice, immediately terminate any or all of your accounts after discovering you have registered, and/or posted under, multiple usernames." from ET's rules of conduct

Not to forget the effect of forced short covering, if in play one day there will be some big shtick on a Gold chart.

On a serious note, who sees $1000 becoming support for a while? <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2583616>

You see Gold's top on a 15m chart? btw that is some crazy shit going on in that chart Surf, is that Surf's TA? :)

TY! I am not too concerned about today's performance, I must admit I shouldn't have been trading today, as my mind was occupied by other matters.

Lexcorp's entries remind me of Pocketmoney (you might not know him by that name), basically very precise, unlike some here (cough cough), the only thing I don't understand is how he evaluates when to pull a plug on a trade. Nothing is 100% right? I had a nice red day today :mad:

L1067.25 s1065.5

S1063.5 s 1064.5 *-1 **L1064.25 s1063 ***-1.25

Did you see USD today? Ouch! EUR beats GBP, that's a kick in the nuts for us over here :(

But if I do close 100% position at scale out point, then extended gains become impossible to achieve in my situation. Just like in Ram's link, the guy is pretty clear about not scaling out when using his strategy, which is: 1. Enter 2. If Price goes to target All out 3. If Price returns to...

I say Gold will march on to $1300, that's how I view Gold charts, screw the news :)

:D

I will say this from my personal experience, even though I am no veteran in a world of trading, nevertheless I have seen the good, bad & the ugly times in trading. I will try to keep this as brief as possible. As we deal with probabilities everybody's probability will be different. As you can...

**1/3 +0.25 S1065 s1066.5 *2/3 +0.5 **1/3 -0.25

Why don't you deposit $1000 real cash into your account & take it to $10,000?

L1064.75 s1063.5 *2/3 +0.75 dull or what?!

L1063.75 s1062 *b.e. Jeez!

***1/3 b.e. S1061.5 s1063.5 *b.e. entered too late to scale out, not too fruitful recently, not to worry. Need to catch a break :)