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Everyone makes mistakes, dont beat yourself up. As far as MA, I hope this helps you out. It responded to my support to the penny very well, so that is a positive. Usually in an emotional move like it had it will not respond as well. It closed in a resistance zone so you could possibly see...

I gaver you this zone over 2 weeks ago in advance.... If you notice the high tick was 8.015 and my resis came in to the exact tick at 8.019... Luck? I think not. Here is the aftermath... http://elitetrader.com/vb/attachment.php?s=&postid=1344802 to...

I will take the other side of that one. We are in a maturing bull market...

Have to end the week with printing this and putting it up on my wall. http://elitetrader.com/vb/attachment.php?s=&postid=1352551 to.......

Ill second that. A great day to end the week after one of the most frustrating weeks trading the russel ever...

haha I hear ya. Nice trade Brut.

1433 anyone!? dont be a hero and buy this market. These days have a tendency to cut through any sr level. Just keep on the short side and sell the next big rally. I dont like anything on the long side until 802-803 in er2 and 1433 in ES. But I am not stepping in front of this freight train.

most likely a move down next week hit 1433 early in the morning everyone yells end of world and I buy it all up.

1433 but i think LOD has been put in right here if it can back above 1443 and hold the left shoulder at 1441

I posted this russel chart 3 days ago on the 6th in this journal. http://elitetrader.com/vb/attachment.php?s=&postid=1352612 You can see it missed my zone by a tick and is now getting slaughtered. Here is the aftermath so far...... If thats not a crystal ball I dont know what...

Figures they would hit the er2 when I was away during lunch..... unbelievable.

Calling for a range reduction day. Market is getting up to some key levels and the corresponding price action is generally associated with tops. I suggest taking some profits off the table if you have any equity portfolios and wait to put more to work at lower prices. This market can...

Exactly... 2 of my automated systems have a stop 3 times as large as the profit target. I designed them this way for my psychology. I prefer a minimum of 80% wins so that I will never turn it off after a string of losses. I always crank up the size after a losing day because 9 times out of 10...

Check your pm es335

Do whatever it is you have to do to gain more confidence. If trading on a sim will help with your confidence when real money comes into play, then do it. I wish I had started on a sim. Scared money always fails....

It works because of many factors. The big one is mass psychology. It is just a tool to help with other confirming factors. I hope most people dont believe it that way it will continue to work and provide me with a good income everyday. Nothing in the markets is 100%. Keep it simple with...

Here is the previous chart posted a few days ago.. http://elitetrader.com/vb/attachment.php?s=&postid=1352551 The bottom is going to fall out below this market soon enough. Cant you just feel it? Here is the aftermath so far... first zone was hit the to the exact tick and fell 10 pts...

Alright guys..... lets try this again. Very high odds for a directional breakout move today. It is in the 80% level. It is key for volume to come into the market for this happen. Pay attention to the volume during the first hour of trading. Key resistance for today 819.50-821.50...

Oil Resistance

Russel