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Instant reversal on that gap fill and a potential FBO on higher time frames, but I think this will inch up to 3980 by the Close. Maybe a weak dip first, but taking an early entry here at 3957.

Stopping out traders left and right here I'm sure. There's a bid in this market, though. And an upside bias for the day. But probably not the day to get greedy on the long side. I'd be happy with 66.

Interesting.

Generally, for me, it's not a precision tool. In a way, a trend line/channel is nothing but a measured move. I prefer to use them only as a supporting parameter and when it can be drawn cleanly and fairly accurate. It can be a hard science, though. Just define rules for how they're drawn. The...

Shake 'em out and lure them back in... :)

Probably nothing exciting for the rest of this session. Most likely chopping around in this zone (~ 50 / 55) before another move towards the HOD. Could get interesting should 50 break.

That was pretty f''king funny. :)

Some volume coming into the market here.

Okay. So, basically, the maximum amount of funding TopStep ever will provide a trader is $5000. That pretty much confirms what I said one page one which is that your firm and similar firms are not really looking to fund/stake traders. That's not your main agenda / business model. Earn2Trade...

And flat. Another non-predictable move. :) The odds of a major reversal, i.e., below 55 and more are very slim, but it's also possible we'll just range here and have the day range set already. If anything, chances favour a new HOD.

Long this dip intraday. Not getting greedy, but should see a move towards the high again. Might have the HOD already. Could trigger a reversal if we dip below 55, but that appears less likely today. EDIT: Wrong thread, but so be it. :)

If you can (accurately) predict the day or some part of it - surely it's not a waste of time. Regardless, it was you who said that "giving out profitable calls is easy". You also said that trading was hard, so maybe "just trade price action" isn't the whole answer. I think we're done now. :)

That's my understanding, too. At least from the other firms (never looked into TopStep). Would be nice if @Topstep could clarify. So, basically, the best you can hope for with TST and similar is that initial $4.5K in drawdown. Effectively, you're given a $4.5K account. There's no funding beyond...

A few questions: 1. Does TopStep at any point actually fund traders? The way I understand it with most of these firms and possibly TST as well you basically get a $4.5K account with your so called 150K account as that's the maximum drawdown offered. Is that all the funding that's ever...

Agreed. Disagree. If making a profitable call is easy - I invite you or anyone else to make a prediction for today's action on the e-mini S&P 500. Actually, it was mostly meant for the other poster who seemed to suggest that ES is unpredictable and un-tradeable. Regardless, what I said is...

I don't have the faintest idea who you are and I have never seen you make a comment to suggest you know anything about trading. You have the occasional fun comment, but those are getting a bit old as well. Don't you have anything better to do than to read all the posts of someone who's clearly...

Where do you see me acting all high and almighty? You called me out for hindsight analysis and I simply showed you that I made that prediction in advance. That's all. Top analyst on 2 trading servers? That's really nice. :) 5 minutes ago you were complaining about algos stopping you out left...

Well, first of all, I said it was very unlikely that we'd trade above 4005 today. Further, I said that my main scenario for the day was an Inside Day with the 2nd scenario being continuation below 3920. I'd say that was very accurate for how the day played out and considering it was done...

If you see what I posted in the ES journal that prediction was posted before the bell rang today. EDIT: By the way. I use a predictive model for that. But I’m sure an experienced chartist/trader could come to the same conclusion without one.