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Damn... miss the whole move on ES... too bad I was in scalp mode. I am an idiot. :(

Hi Walther, I don't know what is the margin of error. 10.45am was in the middle of a move I was in. I scalped 3 pt since 15 min trend was down and 45 min was up (confused)... I am done here. The traditional 10 am and 10:30 am reversal works today too but I didn't really look at the time...

If you do A to B = C to D, you got ABOUT: AB = 50 to 57 -> 7 points BC = 57 to 53 CD = 53 + 7 points -> projected to 60 If you do a measured move 53-57 consolidation range gives 4 points. Added to the top of the range 57 -> projected to 61. There MIGHT be a pullback due to profit...

Mark Fisher: "How high is high? Who knows!"

I definitely think schooling is more important. There is a right time for everything. You should enjoy school life instead of becoming a day trading junkie like me... I hate to say it but your parents should be concerned. It had nothing to do with whether you are successful or not. You can...

I remember when I was a kid, I read something about two ancient Chinese philosophers discussing whether the key to immortality was lost due to a certain person's passing. One philosopher said that particular person cannot possibly hold the key to immortality because if he did, he wouldn't have...

Nathan, We are all addicted junkies. That is what happen when you give a mouse electric shock and piece of food randomly when it push a button, the mouse will shock itself to death. It's not a problem if we win more than we lose. Until you are sure what's going on, trade very little or...

Does anyone have problem with Tradestation this morning? Or is it just me? The order entry get stuck and I have to restart the program a couple of times (even rebooted once). It's been pretty common for the past few days.

Not even a hint? :( I was gonna take tommorrow off because of shit I went thru with my trading platform this morning. I guess I am back in. How far off can you project?

Congrat! My Tradestation got stuck a few times this morning, made me miss a couple of entries and threw me off balance emotionally. It was extremely frustrated when you keep missing entry because your order entry stucked and you have to restart the program or even reboot. I sit with some...

Can you give an example of how time can be predicted from today? Thanks.

I think he did explain it somewhat: 13 ma on the 15 minute time frame equals 13*15 = 195 almost equivalent to 200 ma on a 1 minute chart. You can play around to find the combination make most sense to you. Is the exact timeframe important? If you are trading geometry and cycle, probably...

I think the market will go where it will go (extremes) despite how well we place our stop... :(

Hi alesanti, Yes, some traders watch the cash to trade the index futures... supposingly less noise but I don't do it myself because I don't have a lot of screens in front of me. Do they suggest where to place the stop loss? I wouldn't trade it... I want to know what hit me when I am in a...

Despite the fact that I know this is not the generally accepted answer and perceived as immature, personally I still think entry is important to let the rest of the other stuff fall into place... you can fix the rest of the stuff with good entry but you cannot fix bad entry with the rest of the...

alesanti, Thanks for the posting because I was curious about tradingpro too. But I don't see much advantage in trading the predicted price series just by eye-balling it. And they don't give prediction before 10:45 am?? I probably done trading for the day or have position secure by that...

Having no religion is more like placing no bet and placing no bet is a bet in itself whether you like it or not... Unfortunately comfortable action often not the best. :(

For every loser there will be a winner, it is the nature of the market to cause the cycle of pleasure and pain and it is the cycles of pleasure and pain that will morph the market... not math. :confused:

I think turning on the air conditioners will help the other 9 people?? in team. :confused:

All my intraday ES entries are reversal entries due to the fact that my trend indicators are late but also has less problem with divergence. I tried to be pure in philosophy but I am not able to because of insufficient tools. This is one area of conflict and shortcoming that I tried to...