Approach to trading the ES contract

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Just finished reading this thread.

First of all, I want to thank you for taking the time to make an effort to get a serious trading related discussion going, a rare in ET.

Now, onto my comments

* Indicators over price action calls ? Clearly at a disadvantage here.

* I never understood why the OPs of threads like this manually annotate charts with entries, exits, adds, etc. Why not post the real execution plots, most charting platforms do this for you automatically, not only does it add credibility but it makes your job easier. Many will even allow to hide size. Yes, Im a skeptic, this is a trading, will always be a skeptic in this department.

* Whenever you mark S/R I see that you can tell, with impressive skill, how S or R is going to hold, in hindsight to me and to all, it looks tremendous, but in realtime, I see price testing R from below, and, there it goes, taking out my stop, yet on the manually annotated charts you guys got incredible skill. Please explain how you are able to do this, or I'm going to call tremendous bullshit.

Good theories, I don't buy the executions.

Sorry.
 
Quote from Nexen:

Just finished reading this thread.

First of all, I want to thank you for taking the time to make an effort to get a serious trading related discussion going, a rare in ET.

Now, onto my comments

* Indicators over price action calls ? Clearly at a disadvantage here.

* I never understood why the OPs of threads like this manually annotate charts with entries, exits, adds, etc. Why not post the real execution plots, most charting platforms do this for you automatically, not only does it add credibility but it makes your job easier. Many will even allow to hide size. Yes, Im a skeptic, this is a trading, will always be a skeptic in this department.

* Whenever you mark S/R I see that you can tell, with impressive skill, how S or R is going to hold, in hindsight to me and to all, it looks tremendous, but in realtime, I see price testing R from below, and, there it goes, taking out my stop, yet on the manually annotated charts you guys got incredible skill. Please explain how you are able to do this, or I'm going to call tremendous bullshit.

Good theories, I don't buy the executions.
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great points.

Do you realize how many times my analysis has been spot but I get stopped out by a tick or 2 only to see the market play out exactly how I anticipated a few bars later.

Execution is everything.
 
Quote from MandelbrotSet:

Exceptional thread, stevesbg.

If possible, a moderator should bump it periodically, so that the new traders will have access to the knowledge base.

Good trading
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:D

The General
 
Nexen - if you know a bit more about MP you would know that his entries are based on indicators and internals, but the trades to take are based on MP for the most part. his stuff is good and legit
 
Quote from The General:

What is wrong boys-the 15 min clock stop? :D

The General
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LOL

Better than "the general's" (aka ProfLogic) perfect charts ... :)

P.S. They are sooo perfect he spends all day and all night posting on ET, while selling them in seminars. :p

ROTFLMAO! :D :D :D
 
Quote from MandelbrotSet:

LOL

Better than "the general's" (aka ProfLogic) perfect charts ... :)

P.S. They are sooo perfect he spends all day and all night posting on ET, while selling them in seminars. :p

ROTFLMAO! :D :D :D
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O-1 D has summed you up correctly-and that is-a JC Penny trader:D

Ask any "real" trader the value of a 15 min clock-but I guess you won't get many replies around here-dumb ass trader:D

I wonder who I will be tomorrow-have you ran out of names yet-you really are one mindless idiot:p

The General
 
Quote from xburbx:

Nexen - if you know a bit more about MP you would know that his entries are based on indicators and internals, but the trades to take are based on MP for the most part. his stuff is good and legit
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If you want to know about Market Profile-and the Value Area-you ask The General.

There is an 80% chance he might tell you the "real" value-if you ask him nicely.

The General
 
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