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Mark, If I understand you correctly, using a moving average will put you out of price action only traders. In that case, I would fall into the discretionary traders, meaning that I don't have a precise plan Or I cannot "automatize" my trading. But I still use support and Resistance...

close at 85.25. 1.25 loss.

Bought 1286.5 target 88.5, stop 84.

There is a good setup here for long. But needs to close above 1286, on 5 mins. Another concern is 2pm is in 4 minutes, so just wait a little bit.

There you go, ES 1285.5!!!!! That's where my mistakes come from. If I waited 10 more minutes, I would have gotten more than I was looking for.

nearing 1 pm, nothing happened. Closing the position at break even 1289.

If there is a lower low and a lower high on the 5 mins, I'll short for 2 points target and 3 points stop (max) Shorted at 1289, stop at 1291, target at 1287

Today, at least so far, seems a trending day. I'll jut stay away an return around 1 or 2 pm, to see if anything changes.

I did not say "I'm a discretionary price action only trader". I said I rely mainly on price action. There are tons of indicators, actually most of them rely on price only. I mean I don't use volume, A/D etc.... Well, I use stochastic for overbought and oversold, that's the only indicator.

On 15 min charts the overbought and Oversold don't occur that often. It takes time, from one to two hours. After that happens, however, the confirmation occurs short after. I found 15 mins to be the best combination for my patience.

Hi everyone, I have been following the markets for more than 5 years now. I tried every F thing, but it did not work. The last two years I have been basically treading water. Right now the only thing that seems to put me deep in the red is holding e-minis over night. Every time I do that I...

Solitude is a luxury that only few can afford and enjoy!!! (is that Rockefeller?)

Hi there, Talking from my own experience, there is no other way to get around except transfering her H1B visa, if that's what she has right now to another firm, which is willing to sponsor her. She has to do that in a window of 1 to 2 months maximum, provided that the first firm does not...

Hi, I would very much appreciate anyone who could send me the 1mn data, for the period of July 18th to August 20th, for any of these (september futures, IB symbols:) ES, NQ, YM, 6E, ER2, ZN, ZB, COMPX, SPX, NDX, INDU, TRAN, SOX. Thank you very much.

Rearden, Let's be clear. I'm not blaming anyone or whatsoever, I'm telling you the reason why muslims cannot stand Sharon, They are right or wrong that was not the question. Moreover, Sharon's responsibility (at least in not avoiding it) in that massacre was well proven by the Israelis...

Sabra and Chatila, that's the reason! Momo.

Nana, I tjhink the brokerages are afraid that if, god forbid, you get a margin call and you move to Iran, legally they can do nothing about it, since, margins, hedgings, trading (more precisely speculation) is illegal in Iran. Momo.

No I am not interested in others money, neither am I interested in others to touch my money. Just work together, and figure out where the glitch is. I am not profitable, but I've read more books and other stuff than the majority of ETers. I know all the "what to do and what not to do", but...

Hi, I am a PART TIME day trader looking for serious people, in NYC, that are in a similar situation as myself for a mutual help and exchange. I am NOT a profitable trader (yet), I've been involved in the markets for more than 3 years, I lost plenty of money. I went from long term to swing...

The FDAX follows the pivots (S1, S2, R1, R2) like a religion!. Take a look at this month you'll be amazed. personally I don't trade them (Don't like bottoms and tops), but I try not to go against them. For instance I'll not short if S1 is not tested, unless the price is far from it, in which...