Quote from xioxxio:
frenchfry, please could you define the columns. Thanks
Quote from frenchfry:
I think it was 5.5 points so far.
Quote from Duref Mudgins:
Very good! You noticed that I asked you a quantitative question, not a qualitative one. Always ask your self quantitative questions. Certain methods other than mine do not.
Now, do you consider that 5.5 point range to be a wide range or a narrow range for ES? Kindly excuse the qualitative-seeming question, as I am sure that you have your own quantitative definition of wide or narrow range for ES.
Quote from frenchfry:
To be honest I din't pay attention, yet to see if this is a narrow or wide range day. But from what I see I would put it in the narrow range category.
Quote from Duref Mudgins:
Very good. I also would call that a narrow range. May I suggest that you periodically ask yourself "Is today's range expanding?"? Given all the generous spare time that watching a five minute chart grants you, that should be no cognitive burden.
Now, do you have a daily chart of ES somewhere on your screen, that is, a chart of recent days' OHLCs or candlesticks?
Also, please, slip me a little neutral autobiographical information, since "All trading is autobiography." Starting with what your real-world skill is, that is, your gainful employment.
Quote from frenchfry:
Here is one...