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You're not likely to get any help on that during the Asian session (where is the selling going to come from?), and come the European open it will most likely move against you again. You wrote earlier that a breakout could come either way...well it came upside...so why are you going short? Step...

Yes. I've been expecting it for the last two days, and posted about it in advance on ET. That it occurred in a low liquidity environment during the Asian session is not surprising or unexpected...quite the opposite actually...

Well it certainly took its time to do it, but I'd class the first few seconds of the 18.14 minute today in Euro currency futures as being the type of condition garachen was referring to. I'd be particularly interested in the microstructure for the trades enclosed by the yellow box. Would be...

Consensus for today is that the majority of your trades were shorts, with at least 1 long trade entered between 10am and 11am EST which was stopped out. How did we do?

Was postponed a day, but right location for it...here we go.

Good description. Looking like it is about to happen on Euro currency futures...a sharp move higher in the manner you describe.

...and sometimes they're real, price runs through them by a few ticks, and then reverses hard after absorption of the entire order. So what information do we get from this? That sometimes there is a genuine intention to do business, other times it is an illusion of an intention to do...

Yes, think you have a very high probability of closing this out for a profit at your TP level. Would be curious to know how you selected your profit target. Assuming that level is reached, do you expect it to take out highs at 1.3510 again, or would it be more logical that the market moves lower...

Thank you for sharing your journal. It is very rare to see clear examples of how others trade, together with reasoning, and a large sample size. To help those following along, could you please number your trades on the chart to correspond with your numbered descriptions? For example, Friday's...

I use two 2560x1600 screens which give a desktop resolution of 5120x1600. That is 8,192,000 pixels (vs 8,294,400 for the Seiki Digital SE39UY04 linked above), so not much of an improvement for me. However, I couldn't replace even one of my current monitors for $600. So this may be a more cost...

This isn't serious. Nobody is going to post this. There are a few places in the market where it is good value to take a directional position of 3-4000 lots or more, as a day trade, for $500 or more profit per contract. Any serious commentary would also get lost in the noise. What if I said...

Principal component analysis. Logical statement, but the ramifications appear to be lost on many here. Folks should not be spending much time on strategies that they will not be able to implement successfully due to lack of capital, relationships, knowledge, or the business savvy to acquire...

Perhaps others can learn a lesson here. I found the nature of the response interesting, if predictable. Note the evasion and politeness. Politeness, because we do not wish to acknowledge 'unpleasant' truths. Not all opinions are equal. Not all traders are equal. By being overly polite, we...

This is the wrong path. You have asked for advice. Here is mine:- stop your journal, and stop communicating with traders you have contacted via the Internet. Stop reading trading forums. Don't read any trading books. Your beginners mind - initially pure, open, unprejudiced - is becoming...

Interactive Brokers - IdealPro.

Thank you. The small comfort is that the person who was defamed likely didn't see it. I wasn't aware you didn't do that. I made reference to the case of ******** who has disappeared. Even references to his nick are censored. Is there a facility for a member to request disappearance of their user...

In Ancient Greece, Herostratus set fire to the Temple of Artemis in order to become famous. To thwart his intent and discourage similar acts, the city leaders decreed that his name was never to be mentioned, on penalty of death. The Roman Senate could pass damnatio memoriae - condemnation of...

I certainly agree with your advancing what is mathematically correct rather than what is comfortable. If the goal is to maximise profit, it is important to find the optimum rather than vague subjective comfort levels. The goal of others may not be to maximise profit, or they may be effectively...

Excellent question, I recall hearing some years ago (2008,9?) that a junior order entry bod had been told to sell 10,000 EuroDollar futures and had instead worked the order in the CME Euro currency futures, causing some short term mayhem and a loss for the firm when the position was liquidated...

Full time > 5 years here, reclusive. See http://www.elitetrader.com/vb/showthread.php?s=&postid=3798294#post3798294 If you don't want to end up like this, you need to actively plan new social interactions. Kids and spouse is good, if you lived alone all this time you might end up a little...