Search results

Control Bars: works in any market or symbol, as all price action studies do. Price is price, everywhere swing high and swing low bars create zones of pullback resistance and support at the body of the extreme swing bar, opposite of extreme swing point examples from 1/25/11 ES session attached

I don't use volume of any kind in my trading... price action only. The reference to current lack of volume in the market is only meant to show that liquidity is anorexic thin. That means price movement crosses the line from volatile to spastic, when it's only the bots and you active in those...

Today's current TF volume as of 3:30pm eastern is barely 80,000 contracts turned. It won't reach 100k for the session, a non-farm payroll day that is often higher than usual volume. Total price range is 7.3 index points from peak to trough. I'm not sure what you're seeing in the tapes this...

One other factor against the TF: live data for TradeStation chart users and/or TradeStation clients of the brokerage must pay $65 monthly for ICE data live. there are no emini specials for $5 or $10 month... full fees for all ICE products or delayed data are the choices. Now that may not seem...

Well, crude oil is the new ER2. all that volume which left eminis had to go somewhere... I'm told by brokers that retail volume in CL and 6E has really swelled in the past year or more. Sure looks that way to me. I'm willing to work with TF again, but average volume has to get above 150,000...

I've been trading the Russell 2000 futures for a long time... since mid-2004, actually. Seen the ER2 go from 30,000 contracts to 300,000+ daily sustained and 500,000 on the TF during crisis of 2008. Now it has daily volume of 80,000 to 120,000 contracts more than not. That's too thin for...

I'd lie and say I'll do that just for you, considering how many years we go back now. But the truth is, I cannot find a whole lot of interest here any more. So if you start a thread and post some educational or inspirational stuff, please let me know. I've done my share of that here in the past...

really? what's lescor selling? I don't think he tried to make any excuses for himself, and I'm surely not making excuses for him, either :) for educational sake, which perhaps I mistook this thread for, there are numerous times in EVERY trader's operation where markets are out of synch with...

It's all in how we define things. whatever phrase one prefers. "markets are temporarily out of synch with systematic approach" means the same thing. In the end it's all wording. Frog hairs to be split

well, I do like that saying. matter of personal choice. Whenever a drawdown occurs, we ask the obvious questions: is it me, or is it the market? So lescor (and many others) struggles thru the first three weeks of January. Is there anything unusual that took place, aka outlier in the...

The stock market is often wrong for ANY trader's method or approach. The sole reason OP here is down -$40,000 by his last report from +$800,000 last year is due to current market conditions. Current market conditions are "wrong" for his systematic approach(es) to date. When the market reverts...

Interesting that no one here who retorted has even considered what my definition of the term "wrong" was to begin with. I see a lot of knee-jerk ass u mptions and extensions from there, but not one person seems to have given a single thought to what I actually said. A closed mind is a...

likewise, the stock index market was "wrong" Wed & Thu when volume and ranges were waaay below historical norms on any measure of electronic market existence. The market then righted itself on Friday. Meanwhile, it's our job to remain solvent longer than the market remains irrational :)

The market is very often wrong. The mantra that markets are always right is just one example of rehashed rehash that is simply wrong :)

Well the good news is, it certainly ain't you... what's wrong is the stock market right now. You are right and the stock market is wrong... and it will soon return to agreement with your methods. Better news is, we can each remain solvent far longer than any market can remain irrational...

fwiw: I've been talking about today as a big-range CL session since Tuesday. No clairvoyance involved... CL has a pattern of behavior where it chops the rollover for a day or two, then makes 300-cent intraday ranges around the first day of new-contract month. At 9:03 this morning I noted that...

Easiest part of the trading process. Each and every market = symbol tells you where it wants to go ever day... well ahead of time. Nothing beats listening to the chosen market tell you where it will eventually trade to inside any given day, far more often than not :)

year 2008 there were many days, quite a few single sessions of $6, $7, $8 and $9 price ranges in other words, a number of single days were straight trends of 600 to 900+ ticks in one direction liquidity was the same then as it is now... tread carefully around econ reports and known news...

regardless of entry-method approach, there are only two ways to manage trades: target pieces and chunks or hold for the swing moves no one on earth can distinguish which single trade will result in what. despite all the efforts wasted in trying to do so, individual trade results is a random...

out on a limb here, but the pattern of your results against the market appears to be (in part) selling calls/puts or credit spreads, either atm or otm. is short options trading a part of your current basket strategy and if so, how big a part has it played in 2010?