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Another No wick day. Great indication price will continual direction.

In reading The Trend Following Bible, the author Andrew Abrahams details his Trend following/compounding strategy in investing in Hedge Funds that are currently in a drawdown period, but have positive returns long term. Mr. Abraham outlines how top CTA's operate to incorporate effective methods...

Different criteria for each measurement. Non Farm Payrolls (NFP) measures the amount of jobs gained in the U.S. during the previous month that aren't farm related. It is typically released on the first Friday of the new month, and also includes the Unemployment Rate, Average Hourly Earnings...

Ha ha, I'll wear that badge with Pride. Just one point, as indicated in the NQ Daily Chart below, I usually consider price in a pullback until it breaks the prior swing low. Next week might give us more indication.

HA HA..I was thinking Packman!

On Futures Indexes noticing whether or not price reverses at the opening can be an indication price will continual direction. On days where NQ, ES and YM all open without a reversal, is VERY STRONG indication. To your trading success.

Sorry easymon1, I forgot (old age)

Very true. Trading is hard work. Thanks maxinger, I appreciate your thoughts Edit: I hope you're on this move going down in NQ!

Tribute to a friend named Doug. Why? Because when I was in the graveyard of desperation overcome with mental anguish, and emotional turmoil a wonderful friend helped me. Quite frankly, there are not enough words to describe all that he did for me and my wife. One day I asked him why he...

Time period is between 9:30pm to 6:00am Just pull up your chart for verification. They literally ran together. I see this a lot Edit: I also discussed this correlation action about 2 months ago in another thread.

ES, NQ, AND YM had strong correlation last night. Really love when they run together.

Send me a private message and I'll direct you to a resource that can help you. I have several profitable strategies but it takes experience to make them work. I'll still share them with you and give you information to help you.

When BTC arrived the majority ridiculed and said it would never be used similar to currency buy/sell transactions. As usual, the majority was wrong.

I see we have another one at 1:00pm with FOMC meeting.

I'm not qualified to teach this method. It's called Mirror Effect. I was taught mirroring effect patterns based on the cycles of time is price and price is time. But when price is moving strong toward target, sometimes I'll break my own rules and look to minimize risk by moving my stop to...

Trade Summary Profit target was NOT hit, but was able to get 88 ticks. Problem #1 On entry I got a really bad entry. I decided to reposition and got an even worse order at 13518. Solution: At which point I decided to hold it. Solution: Moved stop to adjust IF target not hit before the opening...

I'll hold it until it hits my stop at 13597.50. Right now I'm ALL IN

Taking a NQ short at 13522.50, but there's a strong possibility before my target of 13497 is hit, it might get messy because of a 7:30 am high impact event. What strategies would you recommend for dealing with Calendar events?

Very pretty place. Water looks so relaxing.

From what I've learned many who used the Donchian Method were trading for a long trend/positional trading. They were expecting weeks to months of prolonged trend action. So, I can understand the Bigboys no longer willing to place bigger bets if the trend will not be sustained. But, I'm a...