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So I didn't have a very good day today. Very unusual to have both trades reverse the way they did. Tomorrow they should gun for either the linear regression line or re-test the low of today. Either of those should make for an easy 2 points. Long at 1304.50 - 1308 Short at 1291.75 - 1288

Good point, I do use 20 and 60 day moving averages to keep me in a trend

You are right on both accounts. Sometimes I do reverse and it does work for me. Thank you.

Well it hasn't been a very good day for me. I went short at 1293 and it reversed on me for a second time today. I stopped out at 1295 for a loss of 2 points. So far this is the first time I have had 2 busted trads in one day with this strategy. All my signals matched and the patterns were there...

Went long at 1300 this morning and got stopped out at 1299. I could have taken a 1 1/2 point gain but it looked like we had enough buying power to stay in and get 2 points out of it. I tightened up my stop so as to minimize losses. If we come down to 1293 I will go short to 1291.

This morning I was in long at 1293 and had my 2 points in less than 2 minutes. Usually the morning moves hit my targets pretty fast. in at 8:41 out at 8:42 4re

Greetings, I concentrate solely on the ES emini. I like to plan my trading day the night before so that when the markets are moving fast I know exactly where my entries and exits are. I like it to be as methodical as possible. For planning my trades I use support and resistances. I don't care...

Unfortunatly Bigmrfrank seems to be right here. For every winner in the market there has to be a loser. And most people that have been around for a while have gotten their fortunes from people that knew they had a winning strategy and borrowed money to prove it. Most of the time when you...

One method of trading hammers that I have found somewhat reliable is this. I use standard Bollinger bands (20, 2) on a 5 minute chart. If the needle pops outside of the Bolling bands and the cnadle ends inside the the bands you can take it. It is usually good for a quick 2 point scalp on a range...

Fair enough, Thank you. It looks like most of you guys are fairly successful in your tading methods. Good for you. I am fairly new to trading the eminis. I have been trading the Q's and IBM options for several years. This type of trading is a little different but a lot more fun. Method has been...

B1S1, I have been lurking on this thread for a coulpe of weeks and I have been very impressed with all the posters on here. I have a question, how many contracts do you usually trade if you don't mind my asking?

Are you planning to leave it in place in anticipation of FOMC news? Just asking because I considering this myself. 4re

I do the same thing, just like surfing a nice wave. 4re