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Someone bought that high tick.

Filled the first yesterday:

Last Thursday's RTH Close. Not at my trading computer yet, but this should do...

Could be a range or even a rally coming out of this base before the next move lower. I wouldn't think this is the bottom. Good move higher here ovenight. Might have to see what my statistical model says about this. Looks like we can have a shot at that juicy gap above from last week.

Interesting. Could you elaborate? I talked to another trader on this board who transitioned from ES futures (unsuccessful) to fixed income futures and found his success there.

First things first. Do you have a valid way of expecting these trades to be winners or is it just hindsight regret? Meaning - do you have a method that tells you your trade is likely to go from 0 to 20 and not just 0 to 5? Further, could putting a stop at B/E or say a few ticks locked in be...

I exited a long from 70 to 90 while sleeping. Put it at B/E when the market was at 70 and hit the sack with low expectations thinking I could very well get stopped out. :) Not trying to impress anyone with a hindsight trade, but I've been mentioning the ETH session a few times and just look at...

I've considered it for sure, but I think my "statistical model" have a long way to go before it can be automated. It's too complex with too many variables. The data collection and everything else is automated of course, but trades are made by my own discretion based on the statistical analysis...

Yes. That alone can make or break a trader. I'm a bit too triggerhappy. Others can sit an entire session without pulling the trigger. FWIW, my statistical model gives good odds for a move higher tomorrow following this 2-day pattern. I'm a bit wary of putting too much faith in it right now as...

Scalping vs holding for larger moves is an interesting discussion, though. The inherent problem with scalping is that you might have a hard time to get a positive R/R ratio on your entries in a market such as ES. Meaning you'll often have to risk as much as you stand to gain. Maybe even more...

I'll stop you right there as the rest of your post is discussing strategy. My point was simply that there's a difference between taking 50 points total on 50 contracts vs 1 contracts. Then @tiddlywinks jumps out of nowhere and says it's no difference. I agree with your comments on strategy...

Are you being serious? What you're doing right here is a strawman argument. If you, Tiddly, want to track your own performance and are still netting the same when trading 10 contracts as you were when you were trading 1 contract you're not a better trader. You're just trading 10 times bigger...

As anticipated. Very common pattern on a range bound day and pretty much the same pattern as last Thursday. Disclaimer: I did not trade the reversal off 90. Shorting a market rallying into resistance is still the hardest trade for me to take. I can fade a drop, but not so easily a pop. Doing...

The whole point about tracking points captured as a % of the daily range is to give an idea of how much of the daily offer you’re able to capture, i.e., skill. Trader A nets a total of 50 points on a 25 point daily range trading one contract, i.e., 50 points per contract. Trader B nets a total...

Well, it's a big difference taking 51 points on ONE contract vs 3.25 points on 16 contracts. Surely you'd have to agree with that...

Is that 51 / 16 = ~ 3,25 points x 16 contracts? You mentioned trading a $10K account. Are you really trading with that much leverage on a 10K account? I imagine you have more money in the bank, but still. That's not much of a drawdown possible. Regarding NQ/ES, I had a difference today as ES...

Flat on that pop and green after a drawdown. A close above 3692 seems unlikely, although the market seems strong ATM. I had a few + 10 go back to B/E already, so decided to just trail out aggressively as we were closing in on resistance anyway. Since this is a range-bound and two-sided...

Rug pull for the June Low or rally to 3690 by the Close, IMO. Flip a coin. :)

Yep. That reversal candle of the LOD looked mighty bullish, but doesn't seem to mean much in this market. Rallies are still sold even though the bulls looks like they're finally get some relief.

Market found a bid below Friday's LOD for now. It was a false breakout to the downside. The second attempt at the LOD was bid higher and put in a higher low. So now we have an IHS in place. I think we're done for today and will most likely trade back up to the mid-point and reverse lower...