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I watched the S&P 500 and the ES#F from bell to bell for nearly a year before trying to day trade it. While I have learned much from others, nothing comes close to what I learned during that year. I enjoyed the discussion between you and dratsum.

I usually only pay attention to the fast stochastic (I pay little to no attention to "crossovers"), and I use a look back period determined by the instrument's current ATR. For example, I may currently be using a 5 period look back on the ES intraday, but next week it might be 2 or it might be...

I have a journal of sorts - easy enough to find if you want to find it. I'll utilize stochastics on whatever data set I may be watching. As far as time series, when I use a time series chart, I only use 5 minute, daily, and weekly bars/candles. For the most part I am more concerned with...

I do not think that vanishing from internet forums is random. Careful observation can identify patterns that enable one to predict, for example, that marketsurfer is not going anywhere, but is in fact here to stay.

As for myself, I find it nearly impossible to comment on someone else's trades without knowing the decision algorithm used by that individual - and you should probably keep that as much to yourself as you are able: not because you might "give away" your edge, but because you need to have...

Had one trade on Friday that netted $20 or $30 (failed to take a picture - I'll get the exact figure posted at the next update). No trades Monday, and one for Tuesday.

It is not so much the amount of time spent here by others, but they choose to spend it.

What a thought! (I agree, BTW)

I can as well. And the current spreads on some of the products are not "unbeatable." If one trades his market and there is a product that corresponds to his timeframe, then there is no reason one should not be able to trade binaries and achieve a similarly profitable result.

@Iwilldoit ... like the handle. And I bet you will. Good luck!

What instruments would you suggest? The ES has always struck me as very well behaved, i.e. has a discernible market "personality" that actually may make it somewhat easier than some other markets that strike me as a bit more schizophrenic, e.g. crude oil futures.

Hmmm ... what Eddies said to schizo was this: To which I made the following remark:

Probably would be more productive for the two of you than having every Tom, dickhead, and Harry chime in on it in public. I sometimes scroll up to check the address bar to make sure I really am at a trading forum.

exit at cash close + 1 tick

target is 9 points at 2017.50 with a 4.5 point stop loss. I'm in the trade until the close unless the trade is stopped for the loss or limits out the profit. No need for me to update otherwise. At 4 PM Eastern, you can look at the price and you will have a good idea concerning the price at...

Buy stop 8.50, 17.50 target and 4.50 stop loss

I think we are far closer to agreeing on all points than your post implies, and I lack the ability to explain how this is so. But all good points, and well-taken. Thank you.

I enjoyed it then, and I enjoyed it last week. Like you, I too am not a fan of Douglas's psychological theories. However, I did and still do find his identification of the need to think in probabilities and what the implications of such a mind set are for a trader to be extremely important to...

Think of this as starting with a trading power of one contract. and additional trading power must be earned by accumulating multiples of the daily loss limit. Today is wrap up of the European Eocnomic and Financial Affairs council meeting, and Draghi holds his public comments this afternoon...

... this is how I would have come by it ... more or less. I did not intend to start a thread or journal, but some recent discussions about technical analysis and price action analysis have spawned a few comments from others that got me thinking ... and here I am - starting a journal (of all...