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Excellent points OT. One wonders, if the matter of producing a net positive stream of daily tics is addressed first and successfully; then money management becomes superfluous, since the Trader has just converted the unkown into the known; and maximum leverage becomes their new new best best...

Firstly, I cannot comment on range bars, having never used them. A ledge in my book is where the price falters despite the efforts of the longs and shorts. It is beyond a single bar 'turning point' ( reversal) and it is for you to decide how many times that you want to see the price touch...

Hello WK, My comments are simply that ... just comments. If they awaken in you a desire or reinforcement for a particular direction then terrific, I wish you the very best of good luck and good fortune. The details however I leave to you, since we are all so different and the common goal...

I really do not know how to explain trading the ES because it is relatively straight forward. The price moves from ledge to ledge where a 3+ tic battle takes place. Clearly some ledges are more important than others and this is easily seen. If you enter on the correct tic, you have a...

I watch the T&S >99. I watch for speed and lag. Essentually, I am watching the 'Watchers' I dont know any better way of describing this process simply because this is where you cross the median of art and science.

Be careful of the DOM. Orders can be pulled when the big boys suddenly want asymmetry as a precursor to a move. And previously loaded orders can be pulled at the last moment because the entry conditions are not being meet. Either way, IMO the DOM is less than reliable when you are...

Goodmorning, You are going to need to elevate your thinking for you to have any chance of producing net positive streaming days. You must set your mind so that each and every day offers multiple trading opportunities, be it an inside;outside;range;etc etc day. Quite frankly ... who cares...

The notion of constantly producing a net stream of positive tics each day is IMO the essence of trading. And yes it can be done, each and every day. In order to achieve this goal, you must firstly believe that you can do it and secondly you must work out and apply a plan to the ES to this...

Easy on the word 'surge' S2007

It is a straight forward question, deserving of a straight forward reasoned response. For example, do the Iraquis appear to be wilting in the face of superior fire power? Why would you expect the Iranians to be any different than say you would be, if attacked by outside forces. IMO...

Are you trying to learn to be a Trader or a Fortune Teller?

Why?

The price moves according to the DOM ladder. Greater volume guarantees nothing unless it is asymmetrical. Just look at an inside day, or better still, a day where volume is well above average and the close of the RTH winds up near the open. There is a lot more to this game than at first...

Assuming that this is a serious question, then you need to change your attitude towards trading. Part of your trading philosophy ( which comes before your trading methodology) might be 'no losing months' or 'no losing weeks' One way or another, do not allow yourself the option of a losing...

Hello luxor, RSI is a price derivative and the stoch is a derivative of the RSI when used as a stochRSI. You are getting a long way back from the coalface. To be frank, it is probably more in the manner that they are applied. You can only extract so much highlight from either stoch or...

It does seem to be a civilized thread does'nt it. It must be killing some of us. Oddly enough, IMO, the opening of the morning session is pretty much pure momentum most days and this is where stoch comes into it's own. I must confess that most days I bang off two quick contrarian trades on...

On a 1 minute chart, you really will not need too much testing, just be aware of the shape of the day/hour/30M when you take your stoch readings. Dont pay too much heed to the stoch consistency but rather concentrate on your ability to use it consistently. ie on a 1M, what are you trying...

You are woobling off course again B1S2. The question is "What is the point in using targets?" Given the way in which you describe trading, then your answer is 'none' Why do you not just say so and move on.

I am 10 years into trading and I am still learning. I figure it will take me somewhere between 50 years and forever to master the art and so that makes me a perpetual student of the markets; and quite frankly that is where I intend to remain. Remember, trading is ONLY about making money.

Is it just my imagination or has all the fun suddenly drained out of this thread.