Hey Steve - Glad to see your experiential confirmation (to a degree) on pivots. I'd like to hear a bit more about how you use them....
On your backtest, what did you use for exit when profit target not hit - MOC? Or did you hold (overnight if necessary) until either PT hit or...
I guess it depends upon your definition of morning. :) Most would consider 12:00 the end of the morning, at which time, the YM was at 11347,...
What's the exit, other than hitting the profit target? Is there a stop (fixed or trailing), or just exit at the close (if this only takes...
So are you proposing to have a running bracket trade that's set to sell 10 YM ticks above the 1 min close 2 minutes ago, and buy 10 YM ticks below...
KyivTrader - In my recent read of "The Disciplined Trader", I highlighted that exact paragraph as well. I recognized when I used to have that...
Oh, man....your posts are the best part of my trading day! :p And your market calls aren't bad either. :D Sandy
Hi Gary - Thanks for asking about me. I do check in semi-regularly, but I'm not really doing the S/R breakout trades like you guys are doing...
If the RNG label is correct, would it be better named the "Emasculator". :D
Well, AfricaTrader, if you're willing to share, I for one would like to hear more details on the method that works for you.
I believe he said that his max stop loss is 25, but it's variable (so average stop loss is less). With a profit target of 20 and a win rate of...
Bobby - I appreciated reading over your blog on developing your system. How's it been doing since you automated it? Sandy
Tom - 1. TF = Timeframe 2. The nice thing about futures (unlike stocks or options), is that all you have to report is the net profit/loss...
As of today's close, SPX is right at the exact Max Pain point. Based on open options positions, there's somewhat stiffer resistance to the...
Volente - Fascinating demonstration of your rule of 10. For the move off the regular open, how would you know in advance to measure the 10...
NQNQ, Hypo, etc. - Would you mind sharing with us what constitutes the bottom middle chart on this screenshot (the one that runs from 5,500 to...
4re - I understand the 1284 level (0.5 above yesterday's afternoon high), however, I'm not clear on why you chose 1278.5 for the short. I...
4re - Hmmm.....never thought about TRIN in conjuction with breakout trades. I suppose that if you're riding the breakout and TRIN is spiking...
4re - Appreciate the reminder tutorial on chart patterns. Can never have enough reminder on these fundamentals that work consistently....
Regarding MAs of futures contracts, yes, the near term contracts expire every 3 months, and the vast majority of daytraders trade the near...
Separate names with a comma.