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Look at the credits. Note the last name of the guy at the bar. His name was Leotardo. Perhaps there's a connection.

Trading is one of the hardest ways to make an easy buck. Like professional athletes or actors, many want it, some survive, but few become superstars. Coach: Best wishes trading FOREX (I've followed your trades--a real asset to the site) Forex is the trading equivalent of playing poker with...

The entry actually is pretty obvious (I took it). What was hard was not getting shaken out after the reversal and then the big red bar at around 11 EST (I WAS shaken out). Fortunately was able to get back on later and then short after the failed rally around 2:15. It's never as easy as it...

What DID you buy today?

Amen.

It's rallying now. Long ZN Sept 106 calls (25/64).

Pretty obvious prediction. There ALWAYS is a bear trap. Of course, no one knows how many times the bear gets what he wants before. If the tick (NYSE) hits +1000, and the most recent pivot high is cleared, then I'd say the trap is sprung. Good luck to all.

The number of stock market crashes is much, much higher than the number of aliens who have abducted humans. Then again, any number is bigger than zero. But alien abductions? That topic seems not germane to a board on trading. But I digress. Buying dips usually works in a bull market...

For those who remember back in late February when the "carry trade"--sell Yen, buy higher yielding currency--collapsed, thus helping drag down the stock market as overleveraged hedge funds panicked, check out the Yen's move back. http://www.dailyfx.com/charts/Chart.html My position: Long...

For sure, one should buy stocks that go up. If they don't go up, then don't buy them!

Are you saying that all large orders executed electronically are examples of program trading?

Laugh. Why? Because he is willfully ignorant.

What selling?

I'm sure that improved the system! :-)

After 12 and before 2. I don't doubt the real impact of reports, but I have seen similar spikes on days in which there were no reports. I have seen unusual action in the first minute of other hours too. Those who are familiar with trading systems know that a common daytrading approach...

What report? Manufacturing? At what time?

Those "spikes" just don't come out of nowhere. They come from the character or characters I call the 10 O'Clock Joker. If you check the time and sales for many days at 10 AM Eastern, you will see the same games. In one second this morning, at 10:00:02, 2441 contracts were traded, compared...

Arguably, volume early in the day helps determine whether the day will be choppy and trendless, or whether there is active participation and, hence, increased odds that equities are being repriced (i.e. a runner day). Lower than average volume early suggests near-term (for that day) chop...

I have to agree. It is not as if commodities have chopped in a tight range for years on end. Indeed, there have been some significant trends in recent years in gold, crude, natural gas, currencies, and stock indices (global), to name a few. For some reason JWH, Dunn, and others have not...

For daytrading, NQ has less chop/better trends than ES. NQ has significantly less volume than ES (probably because of fewer auto-trading "bots"). Fewer bots = better trends, it would appear. When I want to trade trend in a daytrade, I go with NQ. When I want to trade support-resistance, I...