--02/02/15 Monday afterhours PM. Closed the trade here at 2012.75 and have reversed long here at 2012.75. Initial stop is 1968.75 during RTH....
Markets are always trending on some time frame by the way. Find that time frame and exploit it.
Lots of over-analyzing and over-trading here. There were really just two moves yesterday--both very profitable. One short and one long with...
I'll need a little more movement to the upside to move my stop up from 2072.00 . If not, I'll just get stopped out for a gain. No big deal.
Issue with the chart posted yesterday is the lack of context with higher frame charts. If using the 1 or 2 minute chart, you need some reflection...
Continue trailing stop here until obvious reversal presents itself. Better if 1, 5 and 15 all agree.
As you can see, the long trend from yesterday's earlier morning reversal continues so far today. Stop should continue to be trailed up outside the...
Trying to catch all the "turns" will lead to ruin. Buy when things are rising and sell when things are dropping. Don't try to catch every "turn"....
Actually, I did call a buy yesterday in ES in real time with an appropriate stop.
Use the line that you drew at T8
If held to close, this trade would have netted 7 points.
There was just one trade on this chart and it would have been held all day. There were no reversals other than the long entry between T3 and T4....
Staying long for now with same stop of 2072.00 RTH
As you can see, there is no direct correlation between oil and especially on an intraday basis. Each market needs to be traded independently.
Stops should be placed outside the noise as the individual trader sees it, and must also not exceed a loss of 2% of TLNW. That number should be...
He's here.
Stop would be 2083.00 with a target of 2103.00
Intraday buy signal for me here. I took no trade, but would use appropriate stop if I had.
Extremely closed minded when it comes to trading. I have learned what is right over the years. Less is more.
Exactly right. This should be the position that every trader is in. Under-capitalized traders have it backwards. They are the ones that should be...
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