I "see" the best on 2 minute charts so I use them to pick entry and exits. I use 5 minutes for keeping on the right side of the trend. S/R just seems to jump out at me on the shorter timeframe.
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YM Traders
- Thread starter volente_00
- Start date
Short charts are why you boys are at each other's throats..........JM..........you are a disaster if u trade real money....your mentor ought to be ashamed of himself......apparently u don't listen to him or he doesn't know the business...........your attitude will cause you a lot of heartache and money saying bye bye.........but i am the bad guy........truth hurts .......but ifu don't recognize it no problem........only for he who does not see it.........
Long 10251
Quote from jzlucas:
Quick... you're just fading the open on that trade, right?
Sold quarter (2contracts) at 10271; +20
Have 2 contracts left; break even stop.
I got into trade for a few reasons. Pre market support at 10250.
A divergence from moving average.
High negative tick.
As i am righting this I closed out last 2 contracts at 10281; +30
Total 8 contracts for about $500.
Had a limit order to short at 10295. But just missed getting there.
Flat and waiting for now.
Flat and waiting for now.