Just going to post a chart of my trades for the entire day when I feel like it. Why? I like attention... But, who doesn't. I am not paranoid of people stealing anything from my system. I use technicals to confirm and judge situations, but for me to enter a trade both technicals, L2, and my gut must agree. Yelling at me for stupid trades and bad entries and exists would be most appreciated. Heheh... I trade the ES and when the ES is too dead to trade I might trade the NQ a little here and there.
Trading is simple... Buy low sell high, or sell high buy low. Technicals are not that important IMO. If you are perfectly emotionally balanced and in control... With zero bias or ego you should be able to trade profitable with mere candles and trend-lines... I have seen a CME trader stop by the public ToS chat at 4-7AM EST to show off and name and nail 10 trades in a row in what most people here would describe as pure chop... He said he was just using a full L2, T&S, and 15 minute candles with support/resistance levels. We all had no doubt because he named each move before it happened and showed us his support/resistance levels chart. Kinda envious of his L2... Only get 20 ticks of bid/ask data from the Infinity futures data feed personally.
For those of us who are not perfect we need technicals, blaring green/red colors, rules, and text shouting "bull market don't short" or "bear market don't long" to hold us in line.
Attached is a big picture chart with notes. It shows my history and experience in trading. I also noted my thoughts about the market big picture, but take that with a grain of salt because the most I hold a trade for is 30 minutes. I am primarily a software developer and programmer... I experimented with coding a couple autotrading strategies, but they only worked in specific market conditions. Quite useful for backtesting trading entry/exit strategies to increase confidence though.
My personal technical indicators have a unique "keep it simple" style that I don't see too much... My trading indicators are coded in SierraChart, not ToS. I only use ToS for long term time charts. I should have a SierraChart trading chart up monday/tuesday but am probably not trading FOMC day and the jobs report because things just get too chaotic for me. I can also post the transact statement trade data the day after but I don't think it's too useful.
Trading is simple... Buy low sell high, or sell high buy low. Technicals are not that important IMO. If you are perfectly emotionally balanced and in control... With zero bias or ego you should be able to trade profitable with mere candles and trend-lines... I have seen a CME trader stop by the public ToS chat at 4-7AM EST to show off and name and nail 10 trades in a row in what most people here would describe as pure chop... He said he was just using a full L2, T&S, and 15 minute candles with support/resistance levels. We all had no doubt because he named each move before it happened and showed us his support/resistance levels chart. Kinda envious of his L2... Only get 20 ticks of bid/ask data from the Infinity futures data feed personally.
For those of us who are not perfect we need technicals, blaring green/red colors, rules, and text shouting "bull market don't short" or "bear market don't long" to hold us in line.
Attached is a big picture chart with notes. It shows my history and experience in trading. I also noted my thoughts about the market big picture, but take that with a grain of salt because the most I hold a trade for is 30 minutes. I am primarily a software developer and programmer... I experimented with coding a couple autotrading strategies, but they only worked in specific market conditions. Quite useful for backtesting trading entry/exit strategies to increase confidence though.
My personal technical indicators have a unique "keep it simple" style that I don't see too much... My trading indicators are coded in SierraChart, not ToS. I only use ToS for long term time charts. I should have a SierraChart trading chart up monday/tuesday but am probably not trading FOMC day and the jobs report because things just get too chaotic for me. I can also post the transact statement trade data the day after but I don't think it's too useful.