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The same order flow edge in the DOM that I am using now was still present in data that I've back tested with as far back as 2009. No complaints here from a simple order flow perspective.

Question for you. Do you feel that the ES being fully automated is a bad thing? Or is it just something you want to avoid in general?

London bridge might rain on the parade gents...

I would feel confident in saying that there hasn't been a globex selloff that didn't setup in RTH the day before.

Well it sure doesn't FEEL like the bears are in control. Bulls usually take their time and grind it out, compared to the faster action and wider ranges of the bears. Volente nailed that top, but I think we chop higher up from here. Still, this has been one of the better threads here in a long...

Pick your spots, trade at those spots.

Delete everything, seriously. Pick one time frame to trade, pull up a naked chart of that time frame. Learn how to pick levels of support and resistance based on your time frame. A higher time frame could help with this but it isn't necessary. Then just watch the market (order flow, the DOM...

Agreed! ID your risk, pick your target, hold for target. If you don't have a clear enough idea of where the market is trying to go then zoom out a notch.

I'm a long only trader, but this intraday action has been frustrating for me at times. My entries are always below the open. A large number of these up days I'm just sitting on the sidelines, since the market has been just ripping from the open with literally no test of lower prices first...

My business partner ended up having to code one for Ninjatrader, cause we didn't have access to anything we liked.

I make all of my money almost using the DOM exclusively. To clarify, level 1 data only and the market orders hitting the best bid and ask (essentially time and sales). You have to observe it for a while and go in with no assumptions at all, because a lot of the action is counter intuitive with...

Just out of curiosity, who are you referring to when you say "our"? Are you referring to people that trade classic TA successfully? Is that who you mean?

In my experience there are no patterns. If it goes up it's a butterfly and if it goes down it's some other thing. The market is random, but your brain needs to see patterns to build up the confidence to click over and over again. I found the most success picking my own levels before the open...

Haha! The obvious answer is the correct one. Even some of the most respected and popular vendors are bending the truth to cater to their subscribers and keep them engaged... I used to think that I would be interested in teaching people how to figure the market out once I was really doing...

Limit order to buy at 2248.50. Happy New Year!

LOL, he must have ;) Great trade B1S2!

I think you are looking at WAY too many different things. I tend to agree with TRO, in that trading can be made very simple. Pick the prices that you want to do business at in advance, and then have some idea of what you want to see at your prices which will constitute an entry. After that...

Here's my question. If the ES is not typically a trending instrument, why even bother trading it like one? Wouldn't it be easier to trade it from the approach that it isn't a trending product? Regarding "order flow", I don't use time and sales and have never found that useful. I just watch...

Well a lot of people think it's a dead artform, but I'm just watching the DOM. I've done it for almost 4 years now, so with that much time watching I've got a pretty good feel for it. Really though, I don't care about resting orders (L2 data), I just watch the best bid / ask and how it's...

Then I mark levels for the next session, and do it all over again!