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Long 8.5, stop 7.5

Different instruments have different personalities. Some are prone to breakout and continuation, some are more fakes - intraday context. Different instruments have different times of day best suited to trade. As a proof, In my trading, I am 'consistently' negative trading ES - myself lost...

Are you profitable in other asset - like stock, futures, fx ? Or you trade only ES and have been unprofitable this year. What about last year and before that. Give us some background then you will get good advise.

moved stop to 1306.5 Edit: Closed the trade at 1310.75. Done trading for today, I had a positive day and so packing out now so that I can protect it rather than giving back to market.

I am a stock newbie. Never traded it. My main experience is in fx. So, any tid-bit of wisdom I pick up on stocks is useful to me, especially if it is coming from a senior guy like Mav. I really don't know the answer to your question as to what price I would have bought it. How much I would...

Thanks Mav for the clear explanation. :) That is an interesting and useful pattern you describe there. I guess especially useful when the stock has made monthly A up early in the month like this case.

Long 1308.75, Stop 1304.5, target eod If it comes back and stops me out, it will mean the bull run for today is over and opex guys are in charge.

Thanks Josh! Btw, Euro pulled up a sharp rally in last 30 minutes, getting new HOD.....all 5 minute bars up and up and up!

out at 1310.25, will look to buy again on a pullback. I hope it is not a mistake to sell now :)

why did that spike happened and then it came back so suddenly ? Which part of the action did you miss ? Runup or coming back ?

moving stop to 1303.25. No more a cowboy :) As for the target, seems we will have a slow day, I will be happy to get around 1314-1318 or maybe eod. Let us see.

Long 1304.5, target 1320+ Stop 1290 - will tighten it.

Actually, I guarantee you there is one just like this :) To answer your query - why we are not rich doing that - answer is: first, its difficult to discover it. and 2nd and more importantly, you have to have confidence that it is not a curve-fit but rather has an underlying reason behind it.

Wow! Didn't expect this. You didn't say MANY THANKS but for sure, you are not mad at me. ITS AN IMPROVEMENT DEAR! You asked - "where did i dis him?" The post I quoted from ammo - he was giving you feedback - look at the reply you sent to him. Instead you should have really thanked him that...

I discovered the same thing in a different context though for ES. So, yes, I can confirm that what you say is correct for ES. Haven't done any testing on stocks - so cant say for them. Yes, it is counter-intuitive. Actually, I was looking for first 60 min range of < 5 points for ES, but all...

Very nicely put Ammo. Another gem from a veteran! Dear Lucky, I thought you are improving but looking at your responses to JD and ammo today, I was DEAD wrong. I don't really want to have 'any' conversation with you anymore, but will just drive home the point in a 'curt' way. Q: 1) Do you...

You are young and cocky, but your 'rules' are not bad. Having said that, these are not 'trading rules', these are just your wishes and what you want to happen. For example, you want to be a successful trader making 6 figures every year - its a wish, not a rule. Not being critical, just...

I am mostly into forex. So, I can only tell you what I have heard - I am not an authority on data yet :) The best and the most authentic source I have heard is "tickdata.com". You should start a new thread and ask people for recommendations on best quality intra-day data for ES from its...

Wow!! If you keep adding contracts as your equity grows, you are talking about 7 figures account starting from an initial balance of 7k per contract in 2 years! Great performance. Man, you should go and backtest this thing by hand over the last 5 and then last 10 years - especially periods...

Portfolio as of last update was: AUD -200k @ 1.0345 EURO -200k EURCHF 1.1M GC 1 ES -3 @ 1293 Orders that got executed - 1. Bought 400k EURCHF @ 1.2105 (note in last post, had mistakingly mentioned buying 700k) 2. Bought 1 GC @ 1630 3. Sold 100k AUD @ 1.036 Even though ES sold off...