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Incy, I think a one minute chart is difficult to trade on, but thats just me. Maybe put a one minute and a five minute next to each other and just watch the market for a couple hours and see what you think. I think the one min is just too noisy, but by all means trade with whatever is easiest...

Yes, if thats the case I agree with you. The way his charting package plots executions its kind of hard to see exactly what hes doing when he has two trades so close together. When it looked like the candle was going to close with that big upper wick I would consider that my attention bar...

Thats fine dude, thats a perfectly valid reason to be cautious, just next time look to see if your hypothesis was validated or invalidated, and have a gameplan for your next move once you see the reaction. In this case price punched through, your hypothesis that price might bouce became...

NoDojis analysis is spot on, as per usual. Your entry was slick, great set-up. Why you paniced and bailed so quick I do not know. It is good though that you did not chase the market. Its tempting to jump back in, in this case it would have worked out, but often you get run over. So...

Ok Incy, out of those 3, keep an eye on ES, but put most of your focus on the currency futures. I think the currencies can trade a little smoother than the indexes, not always, but usually. Save sugar for, well probably never.

lmao If I see 1 "i took a hard loss on ethanol, but palladium is looking nice" post Im done here.

there is nothing easy about any of this, no matter how bearish or bullish a chart looks. I lost $800 trading crude oil one day when it behaved exactly as I thought it would.

My phone has been blowing up all day with friends asking me what Im doing for St. Pattys tonight. Damn this lone art of trading!!!!!!!!!!!!

Why dont you just stick with the couple currency futures you were just messing with? I say leave grains and Nymex softs alone for now. You need to be looking at the price bars, not squiggly lines on oscillators. KEEP IT SIMPLE, LESS IS MORE, GOD IS IN THE DETAILS, however you want to...

How did you not know about the spread going into it? Due dilligence isnt just glancing over some charts real quick. Are you a trader or are you a guesser?

Holy crap, close to 100 pages since I posted last. Hows the action been? Ive been driving for the past 3 days, been home like 27 hours and find out I might have to leave again on Friday :mad:

Hey whats going in this journal, Francs, Canadian Dollars? Ive been on a 3 day drive, what happened to gold Incy?

I hate this "Organic" craze. Shit needs to stop. Organic doesnt mean healthy, it means the molecule contains Carbon, thats it. Tupperware is organic. DDT is organic. Fuck, crystal meth is organic. We dont need an organic futures market.

1) nazzdack 2) I like the way you often number your posts 3) Makes your points come across real conscise 4) Price action in Wheat looks like a little bounce may happen, we"ll see 5) Im still bearish on grains in general 6) Thats about all I have to contribute to this thread

Hell yeah. Comparing ES to TF to CL to GC is like comparing apples to oranges to motorcycles to hovercrafts You can apply the same principles to trading them, but until you really get to know them you are just going to get chopped up to shit.

You know what you need to do... Make it happen yo

I think Gold is tough, maybe thats just me. But it is definitely tradeable. Go for it Incy. Look over gold charts all weekend. Look for correlations in how the up and down bars fall together, where do buyers or sellers rush in, are headfakes common, etc. Big thing to take note of in...

well done. Have a good weekend all. I think Im starting my 3 day drive back home tomorrow, so it'll be Tues or Weds before Im trading again.

LOL it was. Totally went down and tagged .84. Will probably crash hard now. But yeah, Im done too. Pretty decent week all in all.

Exit trade @ 81even. Too choppy for my tastes