Price action , support resistance does not work in ES

spudpei said:
During red days, price action and s/r levels don’t work. What does work for something as volatile as ES?
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I've think the longer term S&R lines are more of an S&R "zone", where as the shorter timeframe S&R lines better defined. Take both time frames to their extremes, (daily chart vs two bars)
 
HawaiianIceberg said:
I've think the longer term S&R lines are more of an S&R "zone", where as the shorter timeframe S&R lines better defined. Take both time frames to their extremes, (daily chart vs two bars)
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A few minutes ago - I noticed you tried to contact me yesterday. I tried to send you a Private Message - don't know if I succeeded. I am having a retarded moment.
 
Hey sculptor Would it be easier if I had told you today is going to be a strong up day? I just signed up and follow ES and yes it is pretty simple to get tons of trades a day. The thing is how much do you want out of a trade. I have a tiny account and trying to find some company for trading. I am wanting to find someone who can see what I see and be online with ears to trade.
 
wrbtrader said:
Emini ES is arguably the most marketed trading vehicle by Brokers among futures and it typically has low margins. Just as important, its one of the most discussed trading vehicle at trading forums or social media about Futures.

That's the reason why many traders are attracted to it especially those with small trading accounts.

wrbtrader
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Because the ES was fungible with the big contract, back in the day many floor traders traded ES. That contract has been around for a long time and and has always had plenty of liquidity before any marketing or low margins. Liquidity mattered back then... Cut throat competition amongst newly popping up brokerages is what made low margins and commissions possible for those small trading accounts...
 
themickey said:
There's a nudist beach about 2km from where I live, but nothing to get excited about.
The bloke to pussy ratio about 100:1
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I worked with a guy that moved to your area.
I told him to send me a postcart of some bikini beach babes.
The card had a pic of a kangaroo in a bikini top.
kangaroo beer.jpg
 
themickey said:
Anyone on ET wanna get into a boxing match wid one of dese tings?
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Dude, you kidding me? I scratch my cat on the belly and it starts raking my face/arms with it's hind-legs when it has had enough.

I ain't doing that hind-leg jerky reaction with a Kangaroo. It would decapitate me.

Every animal life-form in Australia will kill you if you are not careful.
 
VSTscalper said:
I took a snapshot of the ES and MES - D.O.M. - please notice where I said - "Need Ratio". Many years ago - I coded the Ratio on NinjaTrader - had it on my Chart. I wanted the Ratio for the Bid and Ask - or Buy_Sell - whatever they want to call it. If the Ratio was at a Very Minimum - of 1.5 to 1 or Larger (preferably) - on the Ask Side - the Odds are - I could Scalp it for a Tick or Two easily - and believe it or NOT - I would BUY. So if the Bid Side Ratio was 1.5 to 1 or Larger (preferably) - I would Short. Please notice - on the Bid or Buy Side - I use Red - and on the Ask or Sell Side - I use Green - a simple use of color to indicate what I mentioned above. To me - Red means Short - Green means Buy.

The following - I believe I mentioned - in the Tradestation Forum - if anyone here has Tradestation - they can try to find it.

I used the analogy - in terms of Real Estate - if the Sellers (ASK) are in Control - they want a Higher Price and the Market will go UP - and if the Buyers (BID) are in Control - they want a Lower Price and the Market would go DOWN. It sounds Backwards - but - all you need to do is watch the D.O.M. - it should still work. But the key - is the Ratio. I actually figured it out - on the old Patsystems J-Trader - but coded it on NinjaTrader - which I don't use anymore.

The thing is - a trader needs to be Fast - once you see the Ratio - you need to React Quick - you do NOT want to Over Think - what you are going to do - if you do - you will LOSE. One thing that you need to be aware of - "Big Money" - will Add and often Pull Contracts off the Bid or Ask - and they do that - to try to Pull Price - Up or Down.

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So you scalped towards the wall?
 
themickey said:
Anyone on ET wanna get into a boxing match wid one of dese tings?
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%%
NO thanks/but i know how to win with a jumper /LOL ;
+ S is VERY liquid but i like more liquid stuff , some of which pays dividends................................................................................................
 
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