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  1. L

    Why Is The Obvious Not So Obvious?

    To be honest - I'm not sure if there is an advantage. I know someone who seems to know what he's talking about speak warmly about range bars, but they never spoke to me, so I dropped them. The volume chart is just essentially a faster chart (usually) than the 1-minute. Gives some granularity...
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    Why Is The Obvious Not So Obvious?

    I have a 49" inch high resolution Dell which pretty much fulfill my needs. I used to have a DOM at the right edge of my screen which I could afford, but as I didn't use it that much, I just dropped it. I'm considering a second screen for some additional stuff. I don't NEED it, but it would make...
  3. L

    Why Is The Obvious Not So Obvious?

    Why free...? Surely a holder of the Obvious can afford a license? You could pay for a lifetime license with less than 50% of your profits on that prior trade. :) Besides, your commissions will be better, too. Check them out. How's AMP/IB comparatively? I think NT Brokerage are among the best...
  4. L

    ES Journal - 2021/2022

    Yes. It's been a great market lately. Plenty of opportunity. Early day for me today and not as profitable as yesterday, but still money in the bank. Have a good weekend, traders! :)
  5. L

    ES Journal - 2021/2022

    Someone is buying stocks today. But not tech stocks, seemingly. NQ still within yesterday's range...
  6. L

    ES Journal - 2021/2022

    4345/50. Could still reverse and drop below the LOD - but looks like that pattern ain't the one in play for today. Still wise to be careful. :)
  7. L

    Why Is The Obvious Not So Obvious?

    I use NT8 and place all my orders on the chart. If I want to place a limit order at a specific level - it takes two clicks. Usually, if I'm looking to go long I will have OCO orders in place with a limit buy and a buy stop. Either will get filled. The stop order is usually to make sure I don't...
  8. L

    Why Is The Obvious Not So Obvious?

    The money aspect seems to be a big paradox in trading. It seems like most are attracted to trading as a means of becoming rich or escaping the rat race as most who enter the world of trading ain't rich to begin with. Yet, too much focus on the money aspect or pressure to generate a particular...
  9. L

    Why Is The Obvious Not So Obvious?

    I call these false breakouts. Very common on ES and usually great low risk entries. For what it's worth - my trade management is done using a chart trader on a 1000-volume chart. It gives me some greater detail / granularity, but I'm not 100% sure it's really that valuable in the end. Might be...
  10. L

    what can be predicted and what cannot be in the market?

    Yesterday's Low was 4320,25. Today's High was 4322,75. Check. Didn't get the Close inside the range (4.75 points shy), but not too shabby, IMO. Enough to make a buck. :)
  11. L

    Why Is The Obvious Not So Obvious?

    Right. As it is - ES is the only market I ever followed in detail. Specifically, how is ES different than any other instrument? Are you referring to how it's probably the most traded contract by institutions? Program trading? Arbitrage? Hedging activity? Etc.? Or something else...? :)
  12. L

    Why Is The Obvious Not So Obvious?

    Actually, you said it's so easy a child can do it. :) I was long prior to the Open today and did not get the best entry, but decided I would hold long since I new the odds were good we'd see a strong move up. So, I was holding long while in the red for the initial 90 minutes, but added a few...
  13. L

    ES Journal - 2021/2022

    I suppose + 38,00 points off the lows without a 10 point retrace is as good as it gets on ES. Stopped out on a trailing stop on that one, but still an okay pay day. Still looks pretty bullish to me. Could drop to 4300 even and I'd still be pretty bullish on the day.
  14. L

    ES Journal - 2021/2022

    4320 tagged. My prediction ends there, although it does suggest a close above 4320. It seems possible we'll print 30 + today, so I'm going to be a tad greedy here with a trailing stop @ 13.
  15. L

    ES Journal - 2021/2022

    Let's try this. I feel fairly confident we'll see 4319/20 with a good chance we can actually trade all the way up to 30 or even 40. But I can't know if we'll get a good dip first and I don't want to risk giving back all this profit. With my main scenario - we won't. So, locking in some here. I...
  16. L

    ES Journal - 2021/2022

    SHORT SQUEEZE! :) Could easily see 4330 and even 4340 by the Close if momentum picks up. Only air above. But 4320 would be the initial target. Took some heat on the Open, but added some on the way up. Will probably pull that limit if I'm around and I see MOMO through that level.
  17. L

    ES Journal - 2021/2022

    Yes. My bad.
  18. L

    ES Journal - 2021/2022

    Would assume 4220 or more if we take out the HOD, but I'll probably be satisfied with 15 for my exit.
  19. L

    ES Journal - 2021/2022

    Dip buyers on holiday after the prior two V-days? A drop below 80 from here would warrant some caution, but I'm still holding long here.
  20. L

    Why Is The Obvious Not So Obvious?

    Oscillating around your yellow line so far today. I'm betting we'll close above, but it does seem a tad heavy here right now. :)
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