Search results

Welcome back! Conservative = profits

Jack Hearsay is Jason Bourne.

Just one trade today. Market looked tired and formed a double top on a very small move from today's activity. Took +6 out of it. But almost took me out as price came within 1 point from the top. Trades so far: JAN: W:11 L:17 E:2 Won: +48 Lost: -69 Monthly P/L (in pts):-21 FEB: W:19...

Volume is fantastic. Concerning activity, its pretty global, sortof starting the first 1-2 hrs off the Asian action, then as the europeans wake up and euro data comes out the stoxx does its own thing until data starts coming out of the US and then follows US. Overall though, more in line with...

I never said I was :) But its a goal. Hey Matcha, where r you?

Hey All, Nope I didn't quit. Some health issues in the family so I was way. Still some outstanding but everything looks good. I hope I haven't lost my edge and this is another good month. March was short but was the best month so far. Good luck to us all! Snowman Trades so...

You guys can't be serious. YM over ES. No way. If you want to be serious about daytrading you need to be in ES. You need that liquidity. Lets say you are a consistantly profitable trade. And you want to trade 20 contracts per trade. How easy is it on YM and how easy on ES? Case...

This is what happens when you aren't focused and insist on fighting the market. Market opened below value and I should have starting thinking about evidence of closing the gap or a continuation down. I started thinking about the long too late and too early. Too late cause market was...

Only 1 trade today and unlikely to have more as I'm busy. Took a short for a nice and quick 6 pts. Overall happy with the setup and comfortable with the risk I took. Trades so far: JAN: W:11 L:17 E:2 Won: +48 Lost: -69 Monthly P/L (in pts):-21 FEB: W:19 L:24 E:14 Won: +90 Lost...

Not a good day. Should have done much better. Made alot of mistakes. Market gapped down and tried to get long for a closing of the gap. Took 2 scratches for 0 on each before getting long for a quick +5 profit. I really shouldn't have taken the trade though. The previous bar had alot of...

Awesome trade! Nice work. That's the sort of setup and trading that is money in the bank. Keep demoing ES. It will make you a better trader. At least I think this is what happened to me when I moved to FESX from YM.

hmmm.... perhaps you are right. I wish I felt that comfortable but to be honest overall I found every bar to be too important to walk away. It helps confirm my trade or provide evidence if something is wrong...

Basically only did 1 trade yesterday. This was on my real money account. The reason for doing on the real money account was 1) I need to do 10 trades minimum a month so that I don't have to pay the platform fee and 2) I felt some confidence from previous 2 weeks and wanted to test myself...

Matcha, I've notice alot of your trades really need momemtum going for them to work. I'm not saying that is right or wrong, but you need to better filter the ones you take and price action alone is not going to cut it. You will have to incorporate some bigger picture analysis and some of...

hey Jas, Daily I have the 30min and 5min chart up constantly, as well as the 30min DAX. I watch those, the daily market profile and the intraday market profile. My signal is a combination of what I see on most of those charts and not particularly on the 5min. For example if I see an...

Another excellent week with +21 pts made. FYI each point is EUR 10. So I'll be jumping with joy if I can keep this up :) Market bounced off of an old virgin POC. I got in long with the action and made +8 pts. I was targeting 2 pts higher but I saw a significant amount of contracts being...

Did a search and saw he posts some MP charts. He too then has seen the light :) Jas, market profile is so wonderful because it helps you focus and understand what is going on in the market. What levels are important, what the bigger players are doing. Some times I really get in the zone...

Only 1 trade on Thursday. Took a long a little after the open. Price opened below yty's low and value and I expect somewhat of a closing of the gap - especially when volume came in and a small push up. Took a long which was stopped out for -7. There were 1-2 more oppties for long which would...

Yesterday's trades: Found it a little harder yty to find the rhythm of the market but probably because it wasn't really prepared to go anywhere. Based on yty's "P" formation (see Market Profile), I was expected some oppties to get in short. Started off with a long which I scratched for...

Hey jas, Ammo got a Journal?