Daytrading Breakouts in the ES

[himself]

Quote from dbphoenix:


You'd drive Walter crazy.

And that's not a long drive.

 

[dbphoenix]

Quote from himself:



And that's not a long drive.

 

[baggerlord]

Since this thread is dying a slow death anyways, I thought I would post a slightly off-topic though here.

You guys are nuts to not be range trading!
Why?
I'll tell you.

You are looking for break outs, but if the market isn't breaking out, then it is...ranging!

You already know what it is doing, so why not capitalize on it? I've been combining my breakouts with range trading today and on one contract I've picked up 18 points. I'm stopping now before I jinx myself, just thought I would say if you aren't considering trading ranges, you might want to.

 

[bdeanfl]

Quote from tntneo:

lol..
I am not a 'new' moderator.
I am moderator for this futures forum for several years now..

point is, I don't like people insulting people in this forum. your posts will get deleted eventually if you do so, in this forum.

noone talked about a ban of JR, as some posts are implying here. and everyone's contribution is appreciated, when done politely.

tntneo

Gee, I didn't know your authority takes precedence over the 1st Amendment!!!

JR's contributions far outweighed his colorful style.

Lighten up tntneo, and get in the 21st Century

 

[Magna]

Quote from dbphoenix on 5/29:

You're a good man, Magna.

Quote from dbphoenix on 6/18:

Actually, that's not a bad idea. You have potential, Magna.

Uh oh, I've gone from being a good man to just having potential. It's a slippery slope and the downward slide continues.... :eek:

 

[bdeanfl]

Quote from Johnny Rotten:

The implosion of the Sex Pistols, amid the chaos and mismanagement that ended their brief tumultuous career: January 1978 on stage at their final gig in Winterland, San Francisco. Johnny Rotten’s closing words:

“Ever get the feeling you’ve been cheated?”

JR, why don't you set up a group on Pal Talk? They won't censor you!!!

 

[nkhoi]

Quote from bdeanfl:



JR, why don't you set up a group on Pal Talk? They won't censor you!!!

Nitro to Simtrader

I invite you to come into the chatroom and post your trades in Real Time LIVE, with stops and profit targets.

nitro

Quote from Simtrader:



---
If I were to enter your chat room - I would just be another schmuck looking for someone to tell me how cool I was. That ain't my style. My goal here was a) to lay out some ideas that maybe ONE or TWO voiceless people will take onboard and never thank me for (my way of giving back to society!). And b) to have some fun ridiculing the idiots that troll this board

 

[tntneo]

you know what ?
I was wrong.
Johnny is a great guy. I should have accepted the language and clear expression of his opinions about others faster.

I am sorry.
after all, a few pages of insults and name calling in a thread of 60 pages is not much. I should have put that in perspective.

btw : johnny does not want the thread moved.

 

[dbphoenix]

Quote from baggerlord:

Since this thread is dying a slow death anyways, I thought I would post a slightly off-topic though here.

You guys are nuts to not be range trading!
Why?
I'll tell you.

You are looking for break outs, but if the market isn't breaking out, then it is...ranging!

You already know what it is doing, so why not capitalize on it? I've been combining my breakouts with range trading today and on one contract I've picked up 18 points. I'm stopping now before I jinx myself, just thought I would say if you aren't considering trading ranges, you might want to.

So start a thread, bagger. Carry on in the spirit of JR: complete details, full disclosure. Otherwise, you're Walter in disguise.

 

[baggerlord]

If you want to see how I traded today check out my post in the thread on daytrading ranges. I can't really post a system because at the moment I don't have one, I just bought near support and sold near resistance. Really the only guidlines I have to offer at this point are 1. Make sure it is a nontrending day by looking at the net price movement of the day and 2. Keep an eye on volume. It provides valuable clues. 3. Of course, STOPS, STOPS, STOPS. I can't wait to try trading like this more but I am moving to CA tomorrow and won't be trading for at least a week, so I will start posting again then. Good trading in the meantime.

Add: I guess it is a good thing I am away for a while. I can think on that LONG ASS DRIVE on how much of today was luck, and how much skill. If it was skill then I am a rich little piggy, and if it was luck, then at least I picked up some gas money.