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    To the ES "PROS"-serious question

    Well, the quick and easy answer is Yes, it is very possible to make 1 point on the ES, every day. The reality of it is, if it were that simple...everyone would do it. And remember, the vast majority (90%?) Don't make even one point. In fact, close to 90% lose money trading the ES. My best...
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    What kind of techniques do heavy scalpers use?

    John, I DO agree that on a longer timeframe, and in the bigger picture, market profile and market delta can show you this information, but on a moment to moment basis, if a big buyer senses weakness in a particular futures market, he may well put in a bid 4 ticks below the current price...
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    What kind of techniques do heavy scalpers use?

    Skippy, your thinking in the right direction, but let me try to fill out the picture for you. When a potential 500 lot buyer shows up 3 ticks below the current price, he is saying "I'm a big swinging dick, and if you guys want me to make a HUGE sale, you need to come down to me." Now, if...
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    What kind of techniques do heavy scalpers use?

    Janis, I don't know if I have the answer, but I have a theory on the answer. It has to do with big money, being in a position they want to move into or out of. If you trade the ES, and trade 1, 3, 6 contracts at a time, I'd imagine that 90% of the time you can get out with no more than a...
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    Bad news and market hardly budges....am I missing something?

    Well, from what i've read about others experiences, and what i've seen myself...when bad news hits, but the market doesn't fall... this usually means the market is VERY strong. What is usually means is the market is saying "I don't give a damn about the news, i'm going higher!" The trick...
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    Reading Price Action

    But Samosa...to quickly address your post... are you confident with your system? If not, you'll never trade it right. I had a few "systems" that I used to trade...one that even worked, but I didn't have the right emotional control to work with them. So, get a winning system...and make...
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    Reading Price Action

    Agreed, I believe there are a very select few who trade strictly off gut feeling, and do so successfully. In fact, an interview in Schwagers book "The New Market Wizards" is with a person who trades on gut feel ONLY. this is a person who has made $100's of millions trading only on gut...
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    A gift. Thank me after you get rich.

    Well BNT, it is a very interesting analysis, and I for one am bearish on the american economy, and in fact, believe that america's golden years are very over. America will soon (10 - 30 years?) lose it's dominance in the global economy to China, in the mean time, there will be recessions...
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    What would an experience trader do on a situation like this?

    Since a lot (all?) of trading is a game of probabilties, I would say although it is helpful to know how any one trade turns out, it will be MUCH more useful if you take a lot of your trades over a period of time, and see what they ALL do. For example, if you look at 100 trades, and find that...
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    Historical Tick, Tiki, and ES data

    Hello all, first post on the board. I am trying to do some historical research on the ES based on the Tick and Tiki, only problem is, my current chart program only gives me 20 days of historical data for intraday trading. The TRIN would be a nice bonus, though not necessary So, what...
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