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I will let v explain it, or perhaps you could search it under his posts. The rule of 1000 which I would say is not mine, is that the psychology of the market makes the ym and cash dow levels at each 1000 level strong support which then can turn into resistance. I am proposing a new...

He doesn't believe in taking partial profits. He is either in or out. I don't prescribe to this method but it works for him and seems to work for him very well. Everyone don't forget that b2s1 also has an nq position that is well over 100 pts and larger than his es position. If he had...

I had heard of the rule of 100 (although I don't subscribe to it) before I found ET and say before the Dow was higher than 10k. Now it seems more like the rule of 1000. Market bounced off of the 14k (YM) level quite well both yesterday and in after hours. Market made another bounce today in...

Trend for the day down, 9 of 10 trades short. 1 trade long (made 2 ticks). +875 -50 comm (10RT) +825 net

Solid end to the week Traded the trend for the day (long side) ... had one short scalp but I prefer to trade the trend for the day. +787.5 -50 comm (10 RT) +737.5 net

welcome back mr. volatility!

Solid day as I was able to take some nice profits on shorting... I went ahead today and included a screenshot of my trade log as well...since my amount of trades were small +512.50 -20 (4 RT) +482.50 net

Nope out of my short at 67.25. Was trying to get back in at 68.50 but it didnt make it there. Looking for a small bounce and then i ll be re-entering.

I was reading somewhere that there was worth in it in the 90s but now all the computer/program trading has made it worthless.

How is this a mixed market? Are you referring to NQ? To me this is a strong down day and only shorts should be taken...currently flat however. market tried to retest overnight highs and failed.

Don't use the DOM bid/ask at all in my analysis. I've seen way too many 'fake' bids and asks. Most of the time those big orders get pulled before anything is ever executed, hence fake imo.

Another slow but steady day scalping on the long side. Got out a bit early on my longs but I can't complain with another profitable day. Flat overnight. Need to take care of some stuff this afternoon so calling it quits a bit earlier today. (what are the chances of the numbers...

Slow day but caught some of the down day and a few scalps. Flat overnight +425 -60 comm (12 RT) +365 net

Although I did miss a few long entries this morning, every executed trade seemed to immediately move in my direction. Always a good feeling. With the market seemed rangbound here, I'm going to call it a day...have a great weekend all! +575 -45 comm (9 RT) +530 net

Quite the range today, only did scalping as there wasn't really a clear direction. +562.50 -85 comm (17 RT) +477.50 net

Nice day P&L wise was able to get out of my short at close to the lows in the morning. Didn't ride any of the move back up as I am still looking for a washout of all the weak longs before we move to 1600. Caught a few shorts on the way back down for the second time and some scalps. No...

Frustrating day as I couldn't seem to get a fill. Alas, I made some money today so I can't be too unhappy, but was up almost 700 net this morning. Still holding one contract short (different price from yesterday) but essentially looking for 45-48 +362.5 -90 comm (18 RT) +372.5 net

Sour note to start the month but I'll take only being down -300 after almost hitting my limit of -1k for the day -300 -110 comm (22 RT) -410 net Holding 1 contract short overnight, target 45-48 tomorrow.

Yea Islands is on ignore list but everyone should know that by now :) Funny how my market comment about longs still standing (of course as a joke) was almost the low for the day. Anyways, my market update...still looking (patiently) for a successful retest of 1510-1515 before I can turn...

Should I post an islands type comment? Any longs out there still standing? sorry in advance as it is quite tempting I actually thought we were going to break the 1545 resistance (hence why I didn't make the short trade at 1542 last night as I had been doing the last week or so) I...