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Im with ya..... gotta love 20/20 foresight. I wanted a move down to 333 before getting to excited about corn. I am not a breakout trader so I am reluctant to chase it in a resistance zone. It looks good though, I just want it to pullback a bit more so I can get in at the sweet spot. Wheat...

Of course there is no 100% way of knowing but there are methods that can you get up in the 70% range.

I am watching copper closely at this point as well. No trades as of yet, but could have one possibly in the near future. It will most likely be in the lower blue zone depending on future price action.

Coffee this one scares me... its more of a breakout trade which is totally against my methodology.

platinum

oats

swiss franc

Wheat reversed to the point as anticipated, its looking nice for at least a year hold at this point. Platinum is holding support, trying to build a base to launch another rally to reach the highs again. Oats is off to the races as well. All in all, 4 for 4 in my current holdings. 7 for 7 out...

Here is the updated chart that I posted yesterday. Notice the rally once it hit 1.3203 the next day.... The buy that I posted went 50 ticks as expected and went below a 5 tick stop by 2 ticks. Its going to happen trading with such tight stops but still a nice call. Notice the short covering...

Whatever works for you is the way you should do it. I like to keep it fairly simple and use robust methodology that allows for me to get in with precise to the tick entries reaping high rewards with minimum 70% expectancy. Illiquid, not quite sure what you are trying to say with that statement....

Heres a visualization of the trade. If it can get above those pink zones then most likely get a move to retest the high. At this point I see the euro pulling back at those pink zones retesting the low and possibly moving to the next blue zone before getting a good rally. If the inital zone...

you gotta remember all markets are fairly thin right now so stops could run a bit further then usual. That is probably what happened in the case of my 5 tick stop.

Not sure what you meant by that... anyways 2 ticks off. Shoot me ... not bad for a call though, especially in a dive like that. Should move a bit higher hit resistance and retest the zone. That test will determine whether this is a bottom or not.

nice place to go long on euro future with stop at 1.3215 ie a 5 tick stop and go for 50+ ticks. A lot of conluence in this area so good probabilty with basically no risk. If not they are taking it down to 1.3203

it hit a resistance zone....

wave master you are most likely wrong. They have not run the stops above the 05 highs yet as well as it has not reached the max exhaustion zone. Until then if you want to short, do it with tight stops. It could end up falling from here but most likely it will at least retest the highs. You...

HOD so far is exactly to the pip of the level I gave you earlier in the day. 1.3215 exactly, constructed off of a daily chart. check the chart and look at the red line that makes up the pink zone

Here is an updated chart from the levels I drew back on Dec15. It hit the blue zone 1.3051 to the exact tick and exploded...unbelievable. The pink zone is local resistance and could possibly cause a stall in this rally. I ultimately think it is minimum going to retest the highs from Dec5th...

6 sigma ha? Dont know what that is... As far as careful, no just damn accurate and precise so I can trade with 50 or 100 to 1 reward to risk ratios. This trade is a perfect example. I need to get some sleep... just hard when PNL keeps moving up

Im long now.... http://elitetrader.com/vb/showthread.php?s=&threadid=81945&perpage=6&pagenumber=1 I wouldn't short against me unless its a scalp. Probably a pullback here at 1.3136 or 1.3157 to get a nice entry to buy some more in the 1.3114-1.3105 area with a tight stop. Or it could...