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Scalping wise, NQ is better in the current environment. I’ll scalp trends everyday in NQ and only hold for a couple minutes. But max lot size is 10 for me. Even that is pushing it due to slippage. ES, I’ll wait for decent trend days and try to hold through the morning, but I will double or...

Rarely trade after 12:00 est so does don’t affect me either

You sound like this is an impossible feat. For the record, my profit target and risk isn't static. But many trades are indeed 1:1. Some are 2:1, and some are less than 1:1. 65-70 is hard, but so is becoming a pro athlete. Takes work and study. Master the craft. To electricsavant, I dont...

Good question. While I trade off the 1 min when trend scalping, this does come in to play. Take for example the NQ. We can safely assume an increase in tick speed is going to produce more volatility on a time based chart. In addition, volume will mostly be higher than normal except during...

Personally, I use moving averages to differentiate trend change. Slope is in wrong direction, I don’t trade. Also if price reacts in a specific way into a backtested support structure, price shouldn’t blow through support and should give u time to get out with small win or small loss...

Not a system. More of a template. And yes u can if u turn it into one......code it

How to make money scalping trending markets: 1) Define what a market needs to do to be considered trending for your plan. 2) Have a predetermined set types of support / resistance structures (note, not every trend has good support and resistance structures so not every wave is...

Good post. He's definitely a gambler. Anybody that shorts that specific example, is purely gambling IMO, and doen't have any well prove stats to back up their trade. You'll never get a positive ROI shorting that area, I've done the back tests. Either look for blowout volume, wait for price...

its possible a reversal is coming, but in my trading, I wouldn't really care. Counting from the far right, bars 11-13 back are your support structure. Bar 5 is a lower volume down bar into the support structure. I'm looking at entering somewhere around this area without giving too much away...

after the high bar is put in, I count 8 pullback bars within the range of that up bar. Do you think that one bar up, and 8 bars down is characteristic of a healthy pullback ? In my trading, I have a certain # of bars in an "A" down pullback in which a pullback is healthy. once it breaches...

If you are trading the 1 min on ES or NQ like me, watch the volume the last 3 or 4 mins prior to the open. If you see gradually increasing volume, its likely the market is going to give thrust failure / chop bars immediately after open for a little bit. Doesn't happen often, but when it does...

NQ IS better for scalping trends as it trends more. Using same strategy in ES, you’ll need to average down to gain a similar profit yet risk is now skewed so less margin for error. Yet, es can handle more than 10 contracts yet nq will often see decent slippage if scalping with more than 10.

I Understand what you’re trying to do. And the way you trade has it’s place. A poster on another forum years ago posted a very great thread entitled “An institutional look at the s&p futures”. A simple google search will find it. Shows a somewhat similar approach as the original poster is...

Trading is stressful. Never go full time if your intention is for it to be your main source of income. Too many things can go wrong.

You need to use your logical mind to determine what drives a market. Pull up a chart with volume. Break it down bit by bit and determine why it moved the way it did. Once you discover why a chart is the way it is, only then can you begin to develop a profitable system. For you to say a market...

Fib extensions for profit targets in ES is my own personal holy grail. Been working as long as markets have been around. Just gotta backtest to see what works best for you and your strategy.

I think you are merely rambling and every new idea or thought you have is put to a new thread and you look for validation. The fact that when a new high is made, market participants either sell to close or sell to open, and when it begins a Retracements they either buy to open or buy to close...

Congratulations on an ahhh hah moment. But they’re best kept to yourself as you’ll have many many more of them. Put them in your journal if you want to rant. Don’t start another thread

Entire market was within hours of complete collapse according to the government. Why are u looking for things that did well.....nothing did well. What is the point of this ?

never adjust the time frame. If volatility gets high, adjust risk and targets and minimize time in trade. When I use targets, I’m looking at exiting at a specific area within a price structure. So if that area from entry to exit provides me with 1.5 handles that my target. If it gives me 2.4...