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Ya, I have always lost money chasing markets... sometimes it works out but it never outweighs the losses, at least for me. Its trying to wash out the zone.. it has to get back above 1834 in a hurry or I will probably bail on the trade. I like tight stops because I am accurate enough to...

long here at 1382.50 stop at 1381 looking for a move up to 1402. 1.50 stop for 20+ point profit target. If only trading was this easy all the time... Nice risk reward with a good probability. Cant pass it up.

ES completed a bullish wedge.. I am bullish as long as 1382 holds.

If we can get up to 1413-1415.... which I doubt.. I will be getting short the ES

Note I am moving this up a bit to 753.75-755 It would be great to hit this in the morning creating a capulation washout and lead to a nice short covering rally.

Here is the buying zone I am looking for on the er2... 751-753.75 As stated before, very countertrend, use tight stops and small size. Most likely wait for a double bottom or get in on a pullback or Breakout reversal bar. Just mark this on your charts! You do not want to be...

Gotta love trading with 20/20 foresight.... ES already down 10 points sunday night.. These are the zones I like for buying oppurtunities tomorrow. Mark these on your chart! Keep trade size small, use tight stops and prudent money management. This is catching a falling knife with...

Well JJgallow.... here it is for ya. I hope you made some money off this. I will give my analysis on crude in the near future. From... http://elitetrader.com/vb/attachment.php?s=&postid=1360447 to...

http://elitetrader.com/vb/showthread.php?s=&postid=1381430#post1381430 Trade more size and make some calls. You got nothing to lose...

wow... things are heating up in this thread. Anyways, JJ keep up the work with the system backtesting, nobody makes it without putting in the work. I would suggest getting a sample of well over a 1,000 trades, make sure you take samples of data from different types of market.. ie 01, 03 and...

Use the main stocks of the indices max pain to get a bias... the index max pains dont work as well.

another bull bites the dust...

\ There is going to be some dead dead bulls come monday..... Watch for the asian markets to tank next week to be a precursor... I wish I had added more puts on wednesday... was being to conservative

Just wait until monday if we close weak on the day.... you may get lucky because there is a lot of buy stops above the market at the moment

I hope it does so I can get my 1423 shorts on..... but I dont know the H&S is just too obvious... If we close weak on the day look out on monday... Big move to the downside.

Getting short es tomorrow at 1422-1423.50 stop at 1427.25 I suggest throwing a small piece out into the freight train. let it ride itself out. Once it shows confirmation get in on the pullback and ride it down for 30 points+ See if this anaylsis overlaps with your trading plan or sr...

In my opinion that is something you will have to figure out on your own. Put in the blood, sweat, tears and backtest your strategies. Everyone is a bit different and it depends if your scalping or trading intraday swings. I can tell you for me that I always trade in 2-3 units. I have an...

First off, Austin P and I share a lot of the same beliefs about the markets. So what he said is good info. You may also want to look a little deeper. Did you lose a lot of money in the bear market of 01? Was your biggest loss a long trade? Things like this are huge and could severely impact...

B1S2 methodology is a lot how I swing and day trade. But you have to know when the trend is changing or to place a stop and reenter at lower prices. For example, say this market just absolutely gets hammered for the next month and he gets stopped out of all entries. He will have lost all his...

I agree. Definately a possible phase shift. I just want the market higher so I can sell anything I can get my hands on. Its too risky at this point. You and I both know that a lot of hedge funds are underwater right now. You can bet they were doubling down today. It has worked for the...