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It seems that I might be guilty of the sin of asking questions before completely reading the manual and understanding the appliction. It is just that I almost excpect to have to figure ecerything out on my own. Thanks for the replies and sorry for needless post.

Yes that is what I was thinking of. Another idea that was suggested to me was to use the macd crosses as stop signals. But I know many prefer the swing pivot for stops. Just wondered how programable that is. Because it looks like a sharp valley or mountin peak on the chart. Not simply a...

I am looking at developing some automated systems in tradeninja for the emini s&p. / The problem I have is with stop setting. Ideally I would prefer to use the previous swing pivot as the reference to the stop. But this is somewhat mathematically challanging for me. As I am unsure how to...

It seems like you could hold positions somewhat blind as a day trader; with the following exceptions. Be flat at these times: 1. On the weekend hours when no trading occurs 2. During the daily maintainance windows 3. 15 minutes before and after ny, london, and Hk open and close (perhaps...

Thanks I just want to add that I am not necessarally recommending the rip van winkle technique of emini S&P trading. Only asking about how and when gaps occur

How and when do gaps occur in the ES? One might think that you could enter a position and then attach a trailing stop before going to sleep. Recognizing some slipage, you would expect your stop to be filled within 1point. I am saying this because it trades almost 24 hours, so gaps should be...

Probably a very basic question It was recommended to me that instead trying to get an edge by fooling around with the setting on my indicators that I simply use the standard setting. This was mostly because it is best to see what the crowd is looking at. But! as an example: Stock charts...

Thank you. This is an excellent answer.

I am looking at where to set my stops and was planning on using ATR to give me some guidelines. For stocks I might just look for support and resistance prices. But I am looking at emini futures, and they are not as clear cut. Or rather they don't appear at points particularly useful for day...

I have been testing out trading the es through IB. By testing I mean looking at how my setups perform using their online demo system. I am happy with what I see, and will open an account very soon. My setups do not occur very often. Usually 1-3 times a day. Sometimes not at all. But...

Just wanted to thank everyone for replying. There were a number of very in sightful and informative posts.

Like many novice traders, I am often distressed when the chart and indicators show completely different things depending on the time frame use. How do experienced traders resolve that? When for example there is a strong bearish trend in the daily, but your 10min says oversold.

From a trading perspective, what is the relationship between the es and the s&p? Should I be analysing the index when trading the future? If so, what should I look for? What should concern me? Thanks

Just learning emini s&p. I generally stick to bollinger, macd, and stochastics as my indicators. Of course I look at candle and price patterns also. Sometimes I also look at obv and clouds. There don't seem to be any clouds in the ib broker demo platform. Is it in the real platform? Also...

I have just started looking at modifying the settings on some of the indicators I use. Depending on what I am looking at. For example: have a second bollinger at 1st standard deviation, or trying different settings for macd or stochastics. But the truth is I am not really sure that I...

I am looking at trading the mini s&p. I am trying to determine if when I trade could make a difference. My practice is to look and wait for a few specific simple setups and then make a trade. My first rule of trading is "Never make an unplanned trade". I always know my entry point...

1,2,3 and 4: It might be more difficult than you think. A friend is looking at this IPO. His firm wants 250k on deposit, and an average of 15 trades a month. Then you get to be in a pool of people who might get in. 5. I pass on what was said to me many years ago by a person very well...

Thanks for all the very interesting replies. I was actually wondering about the subject from the perspective of a beginner, and was seeking more practical advice. For example, depending on the kind of trading you do (intra-day, swing) or what you trade (stocks, forex) are there time frames...

Being new to trading, I am fascinated by the observation that watching a chart in different time frames often shows a completely different story. It almost seems that you could trade daily, hourly, or by 5 minute charts in totally different ways and still be correct. Although It seems...

Complex systems create to many ways to make mistakes. I am new to trading. But I know pros who have advised me. They say; learn a small number of setups, trade a small number of positions, know and manage your risk, be patient, plan the trade, and trade the plan. And they say that most...