ES Journal Archive (2006 - 2008)

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Quote from osorico:

With all due respect, I think basing RTH trading on premarket is nothing but a crap shoot. Not saying profitable trading can not be achieved pre market, but unless SPECIFIC information accompanied with SIGNIFICANT and SUSTAINED volume in premarket, premarket is not useful, jmho
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i'm gonna add my little 2 cents here....

i agree with the rich bear...been burned on that a few times myself before i figured it out.

sometimes even when there was significant news it still went the other way on the open....

after a burn or two, i decided to just sit back and watch the phenomenon, and sure enough...a crap shoot.
 
Quote from JimmyJam:

I"ve tried all that price level stuff, ultimately I found it to be a big distraction from my trading.

But I do still keep a basic support level and basic resistance level on the screen, but my actions are initiated by trade signals, regardless of the respective price levels.

still holding 1457.75 short

Regards,

JJ
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it has been nibbling it's way up on the bid since 13:00
 
this forum is the best ever..keep up the great work guys/gal?...what a great bunch of calls here today...rear view mirror but great....stay positive and you will make money...that is all u need..... :cool:
 
lol...is that the sandwich technique porge

start with something positive, throw in a snide comment, then end on a positive note...you must have been middle management in your early years
 
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