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I am not sure about that either. Mine shows the low of day at 1261.25. I'll do a little more research on my options xpress charts. And see what it shows.

I usually use .50 but if it breaks .75 that will put under the candle on 12-30-05 and at that point there isn't any visible sign of support. If that happens this thing could really drop. The extra .25 won't even matter we will be big time in the money. IMHO....

Well I made my 2 points fairly early today and left to get some work done. That is one way to hold my profits and not trade anymore that day. Tomorrow I won't be able to trade but here are the numbers that I would be using otherwise. Finding a good long trade is getting a little tricky right...

Thank you, I am trying to keep it simple but effective. Todays long was based on resistance pattern I saw. The price kept meeting a lot of resistance at that point and bouncing off. The more times it does this the stronger the resistance becomes. Kind of like a self fulfilling prophecy...

Since price dropped at the opening to 1273.50 I went ahaead and entered long at 1274.50 and my target was hit at 1277.50. I got 3 points per contract and I am finished for the day. Not a lot of thrills trading like this but I will get my thrill through consistant gains. This is how you need...

I am using pretty tight stops usually between 1 and 1 1/2 points. I have noticed that with this type of trading either it works very quickly or not at all. That being said if it starts coming back to my entry a second time I go ahead and take it again. I may lose some commission money on it...

Todays plays should pretty cut and dry. Long at 1274.50 Short at 1268.00 I know price has already touched 1274.50 but it hasn't gone through it yet so I am not in at this time. My orders are set, Good luck everyone...

How does your system work? Always good to find some new info. Most of mine never will be real big winners due to the fact that I own my own company and have to get out and work sometimes. But I would be very interested in how you do your trades also. I just think that trading breakouts are...

Worked like a charm today. I did 2 trades which are posted on here earlier. This morning I took the short at 1292.50 and got out at 1288. Made back the money I lost yesterday plus I have gains for today. I may enter again if I see a good set up but I can set idle and be ok to. Second...

I got it. I am also a Texas boy in Dallas. Had to go bail out some med students in Granada. Good luck with your schooling. I am into Neurophysiology now.

I am a breakout traders using mainly S/R for my trading. I do use bollinger bands and moving averages to insure that my analysis is correct also. You can check out my journal and compare your charts to mine if you like. It is the S/R emini journal. I like to use a 60 minute or daily chart to...

Wow, today has been very wild. We needed a correction anyway. Looks like the next major level of support is at 1266. If it breaks through that look for a major sell off. I guess the old saying "Sell in may and go away" rings true for now.

I do and did trade the pre-market. I had my orders set this morning. Sometimes pre-market is hard for me because I have to take my son to school but if I see something starting I will set it to take the trade. I meant to ask you, what school are you attending and what are you planning to do...

Just took another play on the breakout of todays low. I went short at 1284 and covered at 1281. That is it for the day. I used 25% of my account on that last one because it looked very strong. 4re

I am sorry I got mixed up... Thought I was talking to Biologymajor.

I understood your question and kinda suspected that was why you were asking, that is why I answered it. For money management purposes I divide my account into groups and only allow myself losses that I can recoup in one day. I am not going to put all my eggs on the table at one time. The way I...

The chart I am showing is a 30 minute chart. I actually trade using 3 and 5 minute charts on e-sig. The only indicators I have on my e-sig charts are Bollinger Bands, 20 and 50 day moving averages.

You are right and I don't usually say. Since it is early in this thread I don't mind answering the question right now. I probably won't anymore but I don't want to come off as soem huge market player when I am not. As my accounts grow I probably won't say how many I am using. Mainly because I...

I have been trading the Q's and IBM options for about 12 years. I good friend and mentor of mine talked me into switching to the emini. I have had to change the way I do things a little but so far the strategies I used in those markets have held up in the emini as well.

Right now I am trading 2 accounts one I am just doing 5 per trade and the other one I will be doing 10 per trade. Will increase on a monthly basis depending on monthly gain.