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You give out all the signs of being a complex person cod. Firstly you read my comment saying trading is very close to "100% psychological" and you respond to it as "100% emotional" and then you follow through with "mine (system) is only best for me." How much more proof do you need that...

gracias cod, By your own acknowledgment you are so far ahead of me, and yet oddly, I came to be where I am via your school of thinking. There is no doubt that a discretionary Trader must play to the top of his game every day (try imagining pro golf and tennis) and that is why I prefer a...

Thank you for the kind advice. I am more inclined to let the drama unfold before me and just simply follow that.... less stressful and less dramatic I find. Incidentally, you may well have a nose for this game.

interesting call .. what made you decide on 41

Well I have slowly come to the belief that the best intraday trading is so close to 100% psychological that it really doesn't matter. Granted, a more systemic approach can be taken in the believe that it will lower stress levels, but at the same time it also lowers risk/reward and accuracy...

You were very close to RTH open which is a price magnet. My rule of thumb for an RTH open trade, is entry on one side and ps on the other

What do we know about this counter trend leg. Well it has had two thoughtful moments at 47.00 and 45.50 and on both occasions the longs allowed the shorts to proceed. I say this because we are still firmly within an up trend and so the longs determine the outcome of each move, both long and...

I should add that in these types of high risk counter trades, normally you get an initial burst of enthusiasm and so I drag my ps into profit just in case the initial burst does not continue to fill in.

It is a bugger of a morning indeed. I am short 47.5, ps 48.5 only because I smell a weakness in the accum bar lows. Otherwise it has been a long morning

Are you covering outside of 48

Interesting comment and expressed with absolute conviction. No doubt you are wondering whether your convictions concerning the ES, protect you fully or trap you further into being non adaptive. Good luck solving your conundrum.

welcome back cod. In your sheer excitement to post something (anything) you may have overlooked this post addressed to you "cd, Why don't you expand on the above in sufficient detail that we can all understand the merits of your statement (including yourself) Otherwise it will wind...

cd, Why don't you expand on the above in sufficient detail that we can all understand the merits of your statement (including yourself) Otherwise it will wind up in the BS basket and nobody will be able to take you for more than just another frustrated jester

volume is still volume regardless

Now (11:44am) we have the typical ES conundrum. Price is stalled in a channel whose high is lower than the high established at 6:50. Whilst the bar close band is higher than that at 6:50 this is not unusual. To all intent, we have a Top failure, except that "the longs" have the ball and we are...

I think that it is the lack of participation (volume) that is the cause of the frustration. A lot of yesterday's action and this morning reminds me of lunch time price action.

es mi placer

Perhaps the intent is to provide a long slow ramp into a new economy during which time there will be plenty of opportunity to spread blame and hopefully forget the people who caused the problem in the first place. Americans now have effectively no representation at a Fed level and so any...

As I see things we have weakening data (despite all the BS) clashing against near zero interest rates. If you guys can foretell the future, you are truly amazing.

I see you have gone from 1st post HRT to 1st post hrt2. If your next username is "son of HRT" then you are making excellent progress as a trader.