Search results

want to short for a 3 point target and 2 point stop...but on sidelines on bernanke fear. :) BBg headline saying Merkely saying crisis plan moving by milimeter ...interesting

Fair points, but just a word of caution - Mr. BB is going to speak, he is an unknown variable.

forexfactory calendar saying ben speaks at 1:15 EST dailyfx calendar saying ben speaks at 12:30 EST whatever, I am out of the market for next two hours, unless something dramatic happens

Thank you :)

ammo can you please explain this slightly more clearly. it will help me follow. Thanks

can someone confirm if bernanke speaking at 1230 EST today ?

chickened out....closed both for 1206.

instead of booking profits, long one more contract at 1205. Stop 1203 for both contracts, target maybe 1208 partial exit - not sure yet. EDIT: ok 1st target 1207

why fight the dominant trend...price dropped after opening, came back up strongly, slight pullback and again amazing bullish momentum not a time to short imo.

almost at the target...thinking if i should move the stop be (which was 1202 btw) and let it run for next hour or two...and just take it off before bernanke speaks ??

yes as soon as i finished posting that, it took off have now reversed and am long again ...targetting 1206 or so

the bullish momentum is gone. I am positioned for the short. let us see.

I think we genuinly go long from here. its not a bull trap.

He is showing the power of longs, breakout!

Thanks for your detailed comments. One final question for the day - this one is related to your personal trading. What % of days are you profitable in your real trading - lets say over the last 3 month period? I am assuming you are daytrading only ES. From your posts, it seems you are successful...

:D Btw, I was completely serious. Why pursue trading rather than other easier professions, if you don't have ambition to rise really high. Not saying you or I or anyone else can do it. Definitely its going to be hard, but 1% of 1% will do it.

As of today, my trading in ES is based on identifying key price levels only, because I don't look at internals at all yet. That is the way I have traded forex before. Thanks for your insightful comments. Thanks for above comments. If I discover something over the next few months, I will be...

ES is highly correlated with forex - especially Euro. However, there are times when ES offers opportunity to make money in an uncorrelated fashion with forex. I am trying to develop some edges in ES which will help me diversify my total PL. This is the rationale why I am trying to pick up ES...

Thank you very much indeed. Now let me observe these for few days and I will come with followup questions.

Thanks Ammo for your comments. Thanks Picaso for well written comments. Appreciate it. Ok, let me ask a question: I have only IB as the data source. Is it possible to get Tick, Trin, Advanced-decline from IB data source. I know IB data is a snapshot - does it affect quality of Tick$...