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Last week was a big up week. My weekly and daily model suggests tomorrow might be a consolidation day. If we open with a bigger gap down I will probably buy it, but if not, it might be a churning day with not much happening. In terms of the weekly cycle, I think we should know by Tuesday what's...

Interesting. What does your 4D analysis say about the week ahead if you don't mind sharing? I noticed you said that about the indicators, but being classical indicators I assumed they must have a price series as input or at least a derivative of a price series.

I think you may be. I generally don't hold overnight, so I'm waiting for market open in RTH. Tomorrow is roll date on index futures.

As a basic example, this seems like "2D analysis" to me. I fail to grasp how this is "4D analysis". But I think I probably still don't grasp the difference or what you're getting at.

I see. I'm still not piecing together how this ties into my question to B1S2 where I asked him of the significance of this weekly bar and you replied with how "This definitely goes back to my comment on 2D vs. 4D analysis..." The implication could be perceived that you knew something more based...

Could you elaborate on 2D vs 4D? It's not clear to me what the difference is or what either are. Thank you.

Are you still holding your long, though? What I want to add to the analysis that I posted is that I'm not making any predictions with this kind of analysis. It's more of a visual or summary of where the market's at and where we might be going. I also forgot to add that we should still keep in...

SPX Monthly A good start for September, but we're still contained between 4150 and 3785 as supply/demand zones. SPX Weekly ES/SPX closed up + 3,60 % net on the week, so a pretty good up week. Could the low put in this week be considered what Jack Hershey would call a FTT and the start of...

What does 4/5 or 3/5 mean?

Dude. You're HODLING with one trade per month at most. What do you know? :) I haven't traded MES in a while, but I had some minor slippage on MES last year trading it. Not enough to make a big impact, but certainly a difference between ES. Even ES can give you slippage on a market order during...

Yes. The impact of cost of trading clearly correlates with your trading frequency. If your average profit per trade is huge and your volume is low, the difference is negligible. Which variables did you change? I don't see what variables would change on my end, but I think the key is to...

This what was happened Friday. I played it safe to secure a green day. I was also a bit on a schedule as I'm sadly not doing this full-time. I expect this behavior to correct as I grow my account. It's a good suggestion. The all in rates with Ninja and a lifetime license is $2.04 for 1 ES...

I'm a bit surprised by this as you've persistently been calling this the big one. The latest time earlier this week. What's the significance of this weekly bar? I'm no expert on fundamental analysis and as I said I'm a technical trader, too, but it seems to me that the conditions that have...

The key to becoming rich in (day) trading is to increase stake size as your account grows. For now, I allocate $10K per contract as my standard size and $5K as my maximum size all in/all out. So far, I have not used my maximum size and I'm generally trading only one contract. I have however...

Technical trading, which happens to be what I also do, does not ignore the effect of news, nor does it say that news or fundamental factors doesn't matter. This is what @Overnight seems to fail to grasp. The premise of technical trading is to focus on price movement and how the market or major...

Likewise! You're way earlier, though, so all the better for you.

Thank you. :)

And there we are. :) Last week's high at 64 now. Let's see if that elicits some selling from any brave souls or if we get a pop above that as well.

I have a way to go, but if I can grow my account to the point where 5 contracts is my minimum all in / all out size, I may start to feel comfortable. Today, I had 7 points of open profit on the Open, but got greedy and stopped out for B/E. Then I took a 7 point stop out on that dip below the...

Let's see what happens at 10:00. :cool: