Here is an example of the current trend for swing traders using ES (SP 500 futures):
http://img357.imageshack.us/img357/8279/240minutetu4.jpg
As long as that trend continues, short the resistance area at will.
And here is an example for daytraders for the present day using the same...
Well Ive been following a simple plan.
I use a 240 min chart to determine the main trend of the market.
When the trend is up I make an effort to buy higher lows or/and support areas, sometimes I'm off by a bit as Im no trading God but good enough to take heat at a lesser value than the...
There is a reason why the best posters of ET has stopped doing so.
Soon there will be no reason to visit this board but to vent frustrations assuming that is your cup of tea.
Daniel
Daytrading v2.0 by Jrvat
AHG Journal by Anekdoten
Are the only threads that have actually made me any money, not by stealing calls but by teaching me to fish.
Daniel
I also support studying the writings of Dustin and Anekdoten as well, I'm thankful beyond words to both.
Have you ever seen Anek trade live ? I have, pure brilliance, at least in the NQ.
Danny
I want to express my most sincere congratulations to Anek, Topgun and Rui.
At the same time I want to congratulate you guys for displaying the most impressive futures trading I have ever seen. Bar none, you guys are superheroes in my world. May your kindness in sharing be tripled by your...
Anek,
Let me guess.
You take the opposite color of the trend as long as the trend is still valid as entry.
Change of a color for exit to lock in profits and allows those winners to run.
When the trend changes you take your small loss and repeat the process when another one forms.
That's...
Anek....
Going to miss those calls in IRC. To think I'm a regular on that channel and one day you show up out of the blue and start spamming trades, you blew my mind away and taught us a lot, kind soul my friend, kind soul.
I know you are in a bit of pain lately but whenever you check the...
Anek, Thank you for the charts and for the hard work.
Not long ago you told me you were going to check the 233 tick chart on NQ. What did you think ?
If a trader was a very patient person and wanted to master one setup, which one would it be ?
Thank you mate.
Daniel
I decided to make a transition from daytrading to swing trading the e-minis.
Particularly to lower commission costs and avoid the constant sitting on the computer and perhaps to increase profits.
I'm planning on using the AHG method described by Anekdoten, mostly the buying the dips on...
For what is worth, I asked Anek what other ET posters he thought offered high quality material to learn from in the ET forums and he listed three.
One of them was NihabaAshi, spoke very highly of his wisdom and quality posts.
The other one was the market commentrary of Ivica? Spelling there...
The envy and jealousy is so very clear among the losers and skeptics.
Anek frequently visits an IRC channel to share his views in a closed channel that is mostly European. Take a wild guess as to what is his origin???
Not just today but on a daily basis he is about the only person there that...
cnms2:
I too asked him this very same question.
"Why is the close so important to you?"
He said because 90% of his trading is based on highs and lows and until the bar is closed we don't know what those values will be and that every move he makes is directly related to the low or highs...
Anek,
Let me take a deep breath here before I start the "Inquisition".
A) How in the world did you know the NQ would not go below 45 ?
B) Where do you get the nerves to buy all those "Ws" when the sky was falling ? What keeps you calm, is it the stop?
C) Are we better off trading...