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scaled out

bear flag? PP resistance? short again

That's good news, danke :)

I see. What's your view/s on scaling out, I find it helps me to lock in profits and hold on to a trade for much longer. I ask this because quite a few traders seem to disagree with scaling out.

scaling out here

Do you ever trade it upon open? I find very first trades to be the most profitable in DAX, unlike S&P500 morning action DAX has a lot less of 'knee jerking' going on, relatively straight forward to get 10-20 pts.

I see, I waited for the PP confirm, good luck

AS, you seeing weakness? Getting ready to short.

I agree with Spectre & B1S2, but think more confirmation is required at this moment. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1504481>

I wouldn't bother with sim trading, no point pretending it's real when it's not. Good luck.

Do you want a medal? :)

es june/18/2007 <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1504183>

dax june/18/2007 <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1504178>

http://www.investopedia.com/university/charts/charts4.asp plus divergence

emotionally immature? I would have thought the opposite ought to be the case.

I am not that sopisticated :) DAX looking even better now IMO

Short both DAX & ES now

So here comes a point of no return - "format change". OMNI will be just giving out direction for that day, not entry/stop levels. What I find interesting is that Oscar's followers have expressed their view on the matter on his forum - they don't want any format change. But Oscar, in his...

I personally have allowed so many good entries to evaporate due to not taking a profit in time, so I have decided to start scaling out. I do understand that not scaling out theoretically ought to be more profitable, but I am not able to achieve this. So many times trade goes 2 points in profit...

looking great <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1502643>