Simple Profitable Method

[austinp]

Day margin for ER is $500 per at my broker... www.mirusfutures.com

I trade 13min chart frames, use -1.5pt initial stop. From what I see with this method in here, should be fine with -$150 initial stop.

Try the 15min chart as a good compromise... I think you will find fewer trades but more solid winners in all symbols

 

[rcj]

Bump! Looks like a virus/hack .... whatever downed ET.

 

[dvst8]

Looked like a great day to trade the ER2 today

 

[Mo06]

Long signal this morning on FTSE ftrs..

 

[romik]

Quote from Mo06:

Long signal this morning on FTSE ftrs..

I am short FTSE right now, nothing like real-time.

 

[beeflover]

Hi guys, looks like a double top to me, or is this just a new range established from YM 12100-12220? We shall see eh? I have 12205 as the 50% Fib from the move from 11990 to 12220. 12134 is the 38% level which just held the pullback from the overnite high at 12258. 12243 was yesterdays pivot.

12258 is today's pivot what a coincidence that is also the overnite high. 12270 would be the 50% of yesterdays move.

I'm using 12205 to 12258 the overnite high as an uppertrendline on the downward move started yesterday. There was a T28 signal at 7:00 EST.

I don't trade overnite because of lack of volume but it seems like a lot of action often occurs then.

I can not find a ER2 on quote.com just the index itself. The Russell index showed the downtrend much more clearly than the Dow index itself and the YM chart definitely bounced around more than the Dow index chart.

Where's a good place to view a ER2 chart on-line?

Good trades to all.

 

[Mo06]

This afternoon's short signal on the FTSE ftrs...

 

[Trader28Lite]

Quote from dvst8:

Looked like a great day to trade the ER2 today

In the words of crazy Joe Divola "You put the kibosh on my market. Now I'm gonna
put the kibosh on you. You know I've kiboshed before, and I will kibosh
again."

 

[romik]

Quote from Mo06:

This afternoon's short signal on the FTSE ftrs...

After 10-20 real trades it will hit you that trading and reviewing patterns in hindsight are 2 different things. There is benefit in reviewing historical charts, but it is limited.

 

[Mo06]

"After 10-20 real trades it will hit you that trading and reviewing patterns in hindsight are 2 different things. There is benefit in reviewing historical charts, but it is limited."

Romik, I posted the chart just in case anyone was interested. Obviously you are not. Fair enough.

I have made thousands of 'real' trades, but I also work on systems an potential systems.

Anyway, I'll desist with the charts from now on.

Bye.

Mo