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  1. S

    Nothing Beats Price Action, Everything Else is Derivative

    Go get 'em!!!! If I remember correctly, you were nailing the DAX with uncanny accuracy. Forex is something I never looked into, scared of it for some reason. :confused: st
  2. S

    Nothing Beats Price Action, Everything Else is Derivative

    OK folks, I took a couple more quick trades for lunch money. Shorted at the break of 1327 area and long at the bounce off 1322. Note one of the winners was a BE+1, entries were between 4 and 20 contracts on the ES, scaling in and out. I typically scale in and go all out, but wanted to try...
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    Nothing Beats Price Action, Everything Else is Derivative

    LOL!!!! You are correct, however, I'll take a few hits now and then to stay out of the cross bar hotel. You were on fire the last time I noticed one of your posts........are you still taking everyones money? Still on ES or back to DAX (?).... st
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    Nothing Beats Price Action, Everything Else is Derivative

    covered half @ 1330.50 Flat 1331.00 (3:01PM) ............................... Edit: (3:10PM) Sorry for hijacking the thread. That's as close to real time I am able to do. I am a hunt and peck typist, and watching the trade while trying to post is difficult for me. (remember, I'm...
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    Nothing Beats Price Action, Everything Else is Derivative

    Loaded for bear on the short side again. Shoulda, coulda, woulda on the last trade. That was a simple washing of the weak hands, which I fell victim to. Just a heads up as to why I fade into strong resistence areas and that ammo wasn't necessarily wrong. I allowed the pressure of being...
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    Nothing Beats Price Action, Everything Else is Derivative

    Last post timed out. In edit: Covered 10 contracts @1337.75 +1.50 Stopped out 10 remaining contracts. +.25 Came within 1 tick of target. 2 ticks of heat on this trade. Don't try this at home. :) st Edit: Watching 1340-1337 range for next setup.
  7. S

    Nothing Beats Price Action, Everything Else is Derivative

    I'm short 20 ES contracts here as well. Upwards is indeed the bias, just fading into that resistance for now until price shows me different. I'm watching if we stay above 13000 on the dow and 1339.50 on the ES is the line in the sand (R). Edit: Watching for the test of 37, lowering...
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    Nothing Beats Price Action, Everything Else is Derivative

    There are three types of people: those who see what happened, those who can make it happen, and those who say "what the hell happened." :D I am in your camp. st
  9. S

    Nothing Beats Price Action, Everything Else is Derivative

    LOL!!!!!!! For the record, I do not trade chart patterns.......anyone truly honest with their assessment know that they work maybe 50% of the time at best (I know, YMMV!!). :D That being said, smart money will typically pick your bones clean like a team of hungry piranhas feasting on an...
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    Nothing Beats Price Action, Everything Else is Derivative

    Edit 1: Getting dyslexic in my old age………..G on chart should be LH……not HL. Edit 2: For reference, the bars on the chart are 10K constant volume.......note how time based bars will not allow you to see the clarity of price action 'AS EXPLAINED' when compared against CVB's 'AS SHOWN...
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    Nothing Beats Price Action, Everything Else is Derivative

    I have received several inquiries on the chart that I posted in this thread previously (as quoted). As such, I have added more information to the chart which explains further what I am assessing and on the lookout for in real time as price is building the bars. Everything referenced is within...
  12. S

    Trader P/L 2008

  13. S

    Nothing Beats Price Action, Everything Else is Derivative

    I have no idea who you are barking at, but allow me to intervene......... Perhaps the better question would be what does a histogram give you that price will not. One and the same, just read from a different platform, usually due to length of time in trade preference. That being...
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    Nothing Beats Price Action, Everything Else is Derivative

    Don't make me regret this.....as my tolerance for ET silliness is about at its limit.....:) http://www.elitetrader.com/vb/showthread.php?s=&threadid=99119&perpage=6&pagenumber=4 http://www.elitetrader.com/vb/showthread.php?s=&threadid=125517&perpage=6&pagenumber=5 If anyone is so...
  15. S

    An indicator that gives the S&R?

    Time has nothing to do with trading price, nor does it have any bearing on establishing support and resistance. :) st
  16. S

    An indicator that gives the S&R?

    There’s no need to apologize, a vast majority of self-proclaimed traders share in your belief. But then again, the overwhelming majority of these same people also fail. Know what I mean vern? :D st
  17. S

    Most lost in one trade

    Amount lost is relative to account size. Therefore, asking a fixed dollar amount is irrelevant and without merit. st
  18. S

    An indicator that gives the S&R?

    That’s been my experience as well. If I may piggyback off your reply, please allow me to clarify further for those scratching their heads regarding our statements. If the goal is to truly become a master of your trade entries and exits, rather than seeking and then blindly following an...
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    Who are the real Traders here.

    LOL!!!, OK, there’s no need for me trying to enlighten you further on the difference between a person who plays tennis and a person who is a tennis player when you obviously can’t even grasp the difference between someone being a whore or a prostitute! :) That being said, your assumption...
  20. S

    Who are the real Traders here.

    Says the wannabe poseur who holds down a “clean up on isle four!” category menial night job. Enough said. (Nothing wrong with an honest job, as I applaud the fact that you work. I just find it hilarious that your chest pounding rhetoric of how you are a self-proclaimed master of the...
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