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Yes I have traded the ES frequently without a stop but was perched at my desk with an exit order queued up and my finger on the mouse button -- dangerous way to trade, I know. However, in recent weeks I've begun using firm stops and also trailing stops during scalping sessions because it's...

Granted I like Bloomberg and to a lesser extent, certain aspects of CNBC.....that said, I think I've seen 30 mins of FBN since it went live. I'm not impressed --- at the very least, their ticker is utterly useless. Want to see how the general market is trending in terms of volume and price...

Agree --- most indicators are good for confirming, I tend to go by price action. Same to you! :)

After doing some reading and then experimenting with various technical indicators, I've noticed that the DPO (14 period) is pretty uncanny in helping identify oversold/overbought conditions with greater accuracy than RSI or other indicators. Has anyone else found DPO as a useful indicator for...

I had a similar problem last month when I did both a limit and market order on the ES minis. Took over an hour to get a trade confirmation on an order because their futures clearinghouse line was down; thankfully I got a decent fill, but then lost it when I tried to dump the position while...

My own guidance is when I am not of "properly-aware" trading mindset, I will shut things down and go do something else....or just WATCH the action but not trade the rest of the day. Particularly if I'm green for the day, I won't keep trading just because the market is still open --- I have no...

I dont think OXPS does

I use 'em for futures --- not too bad, but if you're looking to do serious scalping their platform isn't the best. If you are a swing trader or trend trader, they're okay. I've done well with them and because they're cross-platform I'm staying with them! They also have IMO the *best*...

Actually days like today I tend to throw out any technical strategies or pre-planned entries/exits.....you just can't predict what will happen in the minutes and first hour post such events. Sometimes that holds true in the afternoon sessions these days in general based on how things have...

I daresay the nature of your question suggests you are new to options. Better to ask now than get killed in the market --- or if you want further examples, try papertrading them first and see what happens. Shorting naked options is risky if you don't know what you're doing. Depending on...

I walk away for the day when: - you don't understand why your trades have all backfired on you. - you start trying to do 'revenge trades' impulsively to make up your losses earlier in the day ...and most importantly as a "Danger" signal for me is when... - you stop thinking/trading...

Now that my broker is offering N225 futures (CME) I am thinking of perhaps doing a 'follow the clock' sort of momentum trade on particularly-violent downward US days. I'm noticing that if the Dow drops 300 points in a session, it's likely the HSI or N225 will experience similar big moves...

Funny that's the third person to say that this week.....I only just started playing with TA but already realize it's VERY easy to get overwhelmed with 'indicators' and such.

Agree that you NEED to do your reading first before jumping into trading, let alone naked trading. That said, boy I do hope this was a simulated (paper/hypothetical) trade you're talking about here, or next week's sure gonna suck for somebody.....

Yah, good point....even the best plans can go wrong at times!

There's a bunch of helpful people here, some great threads and great info, and yes, there will be times where you encounter the occasional idiotic troll or arrogant snob. But if you ask intelligent questions and at least show folks you're doing your homework and not looking for a quick answer...

I've only recently started doing basic TA on my ES trades, but I agree with Anek 100% and that's where I first started paper-trading my TA.....that said, frankly, I'm not looking for, nor expecting, to be "in" and "out" of a trade *exactly* at the high or low point on the graph.....if you go in...

S&P 500 futures http://www.cme.com/trading/prd/equity/emini-sp500_FCS.html

I daytrade the ES mini and have found that price action is helpful, but a combination of indicators and TA will give more confidence to my planning and analysis. Right now I look at price, trend volume (ie long/short pressure), RSI, MA, and Keltner Channels as my primary sources of...

Yeah, surprised me, too. The way the ES was trading today I was nervous and while I had my current trade being a short from 1493, I moved my target stop up a bit, got out at 1489, and called it a day. Then I saw the plunge from 1492 down to 1473 and am kicking myself either for getting out...