Search results

I feel the exact same way coach. It could really go either way from this point. I am not saying that it will go to that level for sure, but if it does thats where I will start buying and not before until I asses the situation. I will always have price projections setup before hand so I can...

2 point stop for first profit target 30 points away and then trail the rest with a 80% profitability id say is pretty good. Besides credit spreads cushion any loss.

well you will be buying someone elses shorts, I am not going short for awhile, to much upside risk. The june 15th rally was a short cover rally btw and was due to a pressure of max pain anaylsis, no strength in this market yet. As far as the jobs comment you have a point but look at the...

Ok maybe I should elaborate a bit. Things are showing to head down to this zone as of todays close. I revaluate everyday. The only contigency to this is fed week, which could cause some false breakouts and price consolidation. I am going off of market profile odds, technical displaced fibs...

Phil I have noticed you are doing a lot of intraday scalping on the futs now. Are you trading intraday swings or just a few ticks here and there? What type of setups do you like? We are going to 1175-1185 in the S&P cash index with a small bounce at the 1205 area, good luck to anyone who...

Ya prevail, countrend entries off MA can produce fairly consistent results. I like to use the 50x200 ema because I feel its more robust and can be used on many timeframes and instruments. I never use indicators for longer term plays... most of the time they will get pinned at extremes for...

ThinkOrSwim... Coach I need some help, driving me nuts

A couple of intraday swings on some futures and a few of my mechanical systems

Ya, the cable is the only pair I trade discretionarily. I love it for longer term swings, usually go for 100+ pips. Its pretty easy to predict, flows nicely. Tempting to hold longer sometimes as hedge against the us dollar heh

I have tried to get filled on the SPX several times now. I am trying to trade 10 strike wide vertical spreads far OTM, which is probably the problem. I am always asking .10 to .25 under the mid and still no fill. Are there any tips or tricks someone has on getting filled easier? I am...

Thanks a lot cache, I really appreciate it. I think I will monitor the first 30 minutes of trading tomorrow. Could possibly get a small retracement towards the lows which would be a nice place to exit the puts. I dont feel to comfortable rolling up the puts because of the recent volatilty...

I am new to selling bull put spreads and put on a position a day or so ago. I went short 50 of the june 650-640 put spread on the RUT for a credit of .20 During the panic selling this morning I got a little worried and decided I would try to adjust it a little bit. Of course I didnt...

As far as succesfully trading futures for a living, I agree it is difficult and frustrating. Especially when scalping for 5 ticks here and there. But if you learn to trade them well you can trade anything and also use reversals in the indexs to make trades on other instruments to cushion the...

An ok day on a few quick emini trades.

Had a pretty decent day on my swings.

I am definately feeling bullish on the spx back into the 1215 area within the next week after hitting todays low. Any one is else with me?