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You might want to edit your post while there's still time !

rejection type bars that confirm support and resistance areas and serve as a potential spring. they look like hammers or shooting stars, but not necessarily at the top or bottom of a move.

I think you forgot the poll..

It's more of a confirmation thing... with something like stochastics, you'd have an entry well before the trend break. Therefore, if the trendline holds.. you'd still be profitable. If it does break and the lemmings pile in, even better.

Yeah exactly, if he knew how to install, setup and have a functional Linux system, why in the world would he need to post about hardware problems on a trading board ?

Presuming you can live with losing everything on that hard drive, you'd save much more time reformatting than spending 10x more hours trying to patch that thing up to run on the new computer. Even if could make it boot up and load, all the old drivers and settings from the previous...

I've been at it for 3 years and still have no idea exactly when.. but, the day it switches .. the morning volume will be unusually low, also if you're in touch with a chat room or other people posting charts, then it'll be obvious as well.

It'll go up and if it doesn't, it'll go down or sideways.

Trend line breaks are a bit tricky, because when an uptrend line breaks it doesn't mean that you should just go short. The market sometimes will fall off a cliff, sometimes go into a trading range, or sometimes break that trendline but go on up at a lower slope. It's easy to choose the...

We are sitting on the top of the 20 band, so resistance at 1160 at least for a few days seems likely. Any down move is going to be bought up, so if you're shorting don't expect much. I'm expecting a narrow range for the next few weeks, but it'll have to break out eventually.

If you're going to be day trading, you should just focus on what you intend to trade. Multiple time frames of the ES is more useful than confusing yourself to paralysis looking at a bunch of other things.

I'd recommend 15 and 16. I've read 1, 2, 4, 5, 10, 11, 12, and 17 have found little practical value in them.

joy.. http://www.1170kfaq.com/news/index.cfm?articleID=870

re-evaluate it when and it comes down to 27.25 or so... doesn't look like much of a buy to me unless you're hoping for a parabolic move.

File bankruptcy and go back to work.. if you can't cut it emotionally, there are better solutions than death. Trading is not for the meek.

That's why they teach, not trade... Frankly, a good futures trader doesn't need to know a damn thing about specialists, block trades, L2..

If you're going to scalp, you really ought to be going market in , market out. There should be a relative zone of entry, but nit picking over the exact tick to get in is unnecessary stress.

yeah, but you were sweating it out when it gapped..

IB is fine, but you will lose all or most of that money unless you know what you're doing. Jump in gung ho and you will not have any money to trade soon. You'd be better off borrowing books from the library or buying off Amazon with that $2000.

A lot of people watch the ES futures contract, which is highly popular among daytraders. For learning purposes though, watching the QQQ or a very active stock should be just as good.