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I been finding Russell to behave nicely lately. We'll see if she can tag yest pit close and if so, how she responds:

Everyone needs to keep an eye on these levels: http://www.cmegroup.com/trading/equity-index/price-limit-guide.html

Longs, be extremely careful, this is like 2008 again - markets may not necessarily stay open... It may take 3-6 months for this thing to recover.

Truly amazing stuff folks - Fridays are never the bottom - Dow futures down nearly 1000 - we have been waiting for trading like this...

Best case scenario, this smells like Feb 2007: Worst case scenario: We just saw the highs for awhile - they gap down during globex tonight, and 'bitcoin' the buyers at highs by not letting them back in for quite awhile.

Russell shorts delivered today - from one session S/R to the other - look out below...

Volatility on the Russell RTY futures lately has been terrific. Beautiful short from one session target to another today.

Got it - may the force be with you... They have been pumping it up in London. It's a great plan while it's working...

Overnight is your username!!! ;)

Not sure about your clarification re: retail - I don't care about retail and neither does institutional money - so perhaps we agree. When I shared in my chart a reference to 'retail stop cleanser', I was actually reflecting on another ET forum where everyone (all the retailers) happened to be...

I know this is a bullish forum, but nice 5-6 handle technical trade short towards NY gap fill to start (and end) the day. Bearish mode ends if she breaks above S/R at 2733 with authority.

charts are not dead, but they need to show order flow...

April 1st has come early this rolltide season, you have indeed found the unspoken secrets of trading success! There’s a typo on page 1, but once this is fixed, the meticulous effort and care by the authors is impressive. The irony is this is probably the most effective paper ever written about...

Volume alone? not helpful. Volume used in combination with support/resistance, supply/demand awareness? Absolutely. It does not matter if we're talking index futures or any other instrument where volume can be adequately measured. Volume used together with other insights can be very useful...

Sloooow going holiday trade, but great setup from yesterdays NY pit close to retest London highs. Merry Christmas and Happy New Year to all! LOL! Nice ES-EKG - followed by the importance of taking profits at targets at London highs ;)

Wisely done - completely agree... the probabilities are that the bulk of the move is over.. Oil traders stay mindful of Baker-Hughes rigged count at 12:00 CT on triple witching...

On setups, just get long... One attempt pre-NY had no legs, but 2nd time's the charm:

Have you checked with Thinkorswim?

An important technique is to have a breakeven, stop loss, and profit target strategy prior to putting on each trade. Ideally these 3 things stem from a profit expectancy formula where you know your odds before placing each trade. I have found that fear in putting on any position (at least for...

Depends on the market, time of day, and your trade plan... Here's an example in crude oil this morning. It's a Monday, so I tend to treat each leg as it's own trade. @Robert Morse makes some good points - treat each leg as it's own, and as oneself 'does the setup still make sense?' CL had a...