Search results

No I didn't bite the dust but after a conversation with one of your senior members here it became apparent that I am not ready to start trading. I am going back to the drawing boards to learn the real basics and will be back after Christmas :-) Thank you for your concern though!

Hello bmwhendrix, I know and I will. But I am taking the advice of some of the the traders on this journal and at the moment just focusing on getting used to things and building my plan. Once I have everything set and ready I will do that. The only problem is that so far may trades are...

I know I know I shouldn't be measuring any type of performance and I am not... I just wanted to say that I had a really good day with the platform. I am really getting the hang of the trade execution now. One mistake earlier in execution gave me an extra point profit, but all in all my...

I have been reading about pivot points and can see that a number of traders use them when trading the eminis. I have a few questions about them which I would love to have some clarification on if possible. 1: There are many ways to calculate the pivot points, many different methods. Which...

Hi Snowman, Thank you for the heads up. I will look into those instruments as well. Do you ever trade the NQ? This seems to be the one I am drawn to at the moment, I have been looking at the charts, and it seems to make sense... Are you trading this morning? MissTick

Evening Everyone, Thank you all for contributing and giving me this advice. It is nice that there are so many helpful people on this forum! I will take you advice and just get to grips with things over the next few weeks. I will observe, play, make mistakes.... do everything I can to get...

OK I am back to where I began the day with a nice 4+ points profit. I am now looking for the market to drop some more and then pull back a bit to let me get back into the trade... However both the ES and NQ are sat on intraday levels so until they are broken... I am out...

I just took two more trades on what looked to be good levels but both stopped me out... However I am still in profit from the on trade I took this morning. So I am up 1.25 on the day, down from 4 after my initial trade this morning. Lessons from this experience... it is nice to have a...

First trade.... So I have been watching the charts this morning and saw a nice looking short setup occur on my 4 range chart. All of the indexes were trending down, I got a pull back to my EMA's which also happened to coincide with a previous level of support which became resistance. I...

Hello Everyone, After a weekend of study, research and play I have taken the advice to stick to one chart for the time being. I have also been looking at the YM and NQ and have decided that for a beginner the NQ seems to move a little more harmonically, so I will be sticking with that in the...

Hello Swan Noir, That sounds very logical. But would it be possible to take my lead from say the 5 minute chart and then drill down into the 2 minute chart or similar to look for my entry. Or are you saying that I should just really get to know one chart and ignore the rest? KR...

mmm nothing for me again today... I am off out in the minute so can't trade this afternoon. On my shortest chart there look to be good entries after the fact... but unfortunately on the 5 minute and 15 minute which I use to try and identify setups it has been quite ugly... Is that just...

Has anyone here traded using range bars?

Good Morning Southbeach, That sounds like something that could definitely help me. Appreciate it! MissTick

Hello SnakeEYE, Thank you for your input. I haven't at one point said that I was an expert... I know I am learning and I know it won't happen overnight... But if I work hard enough I believe it will happen eventually. MissTick

So yesterdays trading... or lack there of... It seemed I missed every opportunity that presented itself yesterday, if I wasn't doing some research I was making a cup of tea, but one way or another I have to make sure I am looking at the charts for every second of the trading day from now else...

Hello Knnman, I use Ninja Trader with a KineTick data feed. I think you need the NYSE exchange for the Tick. KR MissTick

Hello JustTrading, Thank you for your input, I am going to spend the weekend going through all of this. MissTick

Hello Laissez Faire, Thank you for the information. I will try and do that this morning to see if I am reading price action well enough or not. I will then invest alot of time over the coming weeks trading my system like this. How did yesterday go for you? It was a day of missed...

Hello Laissez Faire, What do you mean? Just going back over charts and eyeballing them? Could you describe the process maybe please? I have the ability to replay data using NinjaTrader I think, should I use this? I want to make this a success so would appreciate all of your input :)