Search results

I pulled off my shorts yesterday: http://www.elitetrader.com/vb/showthread.php?s=&threadid=187235&perpage=10&pagenumber=94 Show me your longs :D :p :D

I rarely trade after the first couple hours of the day because of that exact thing, price tending to get stuck while all the market movers are at lunch. As a day trader I make my living off movement. But in your example, it's not moving while in a green state, so it's not really distracting...

This is a blotter thread, they want questions to be limited to PMs, not posted here. As such I've attached my ES blotter. My stop on first trade was 1188.75, second trade was 1189.00. What I saw on that second trade was a lower high after a failure to break through the high following...

Although it was rare, on occasion I watched Geez allow price to come within a tick or two of his target and reverse all the way back to his stop if the target wasn't hit. That's pure cold discipline. Finally, I couldn't stand it any more and insisted that if price moved all the way to within...

Between 1 and 5 depending on where I can comfortably place a stop and how strong a setup it appears to be. Today I traded 3 and later traded 5. The reason I bumped up to 5 was because an internal W bottom (10:10am and 10:35am 5-min bars) resulted in a move that failed to break through the high...

Schiz, couple questions: 1. Why are supposed to shut up this week? 2. What is the win rate of your "what the hell" trades? :D

That's just a long-running joke with me, that 90% of the time I leave my office the market makes a fast move down without me. I know well why the market would not likely sell off at that point. If anything at the point in time I left my desk, I expected a retest of the high in the hopes of...

Actually volume is what kept me in my second position for nearly 7 additional pts from where I was initially going to bail.

+$3448 Not a record, but close. Had the luck of being in a decent size ES position when the market Spained its ankle :cool:

I have a short bias, what can I say. When price failed to break through the 20-bar MA on my 3 month daily chart and then failed again and sold off a lower high, I took it as a short signal. Then later when price spent 45 minutes moving all the way back up, failed again (double top) and left a...

I killed it today in ES to the short side. Record ES day for me. However, there was just as much opportunity to the long side. Isn't day trading wonderful? :cool:

You're welcome! I killed it in ES today, taking a break now, likely a good short signal..

Frankly, this strategy has been like an ATM machine.

If we break 83.07, there's quite an air pocket to the next R level.

Schiz, I'm gonna PM you my cell phone #. Next time you're planning to pick an exact bottom in the middle of the night, please call.

QM, what's this QM?? Do you ever sleep? :D

Was this the lamest reaction to inventories you've ever seen??

I use the 20-bar EMA on the daily chart for larger S/R levels. For example today the ES should sell off if it failed to break through 1190. Indeed there was a nice reversal off 1189.75. I use the 20 EMA on the 5-min charts for entries with a trend (enter when support or resistance is...

Well, you're reeling it in on your short, enjoy!

As I recall the price action before the inventories is always tedious like this. I doubt I'll trade until afterward. (OK, I should've known a comment like that would be a short signal...)