whoops. changed my long add to 75 and have a short add at 111 295/320. ok now i'm ready. :D
For my trading both long and short scenarios are open for tommorow. Just got long with an add in place at 35. Stop and reverse set for 111 310/320.
For the ZN, the long term trend (months-years) was down until the higher low put in around March of this year (check out the weekly chart from mid...
Roger that. IB just gives the YC quotes but you cannot trade it through IB.
The short term trend is pretty strongly up so I will pass on any short setups today around YH. I would rather stand aside and watch the market...
Thanks everyone for your replies. And I must say, it was an all-star cast of professional traders who replied. There is enough info there for...
Click here for S/R trading discussion thread
I trade support and resistance (S/R) by buying S and selling R. I have been thinking lately about some tweaks to my entry methods. I believe I...
I'm out at 35/320. Plan for tommorow depends on the rest of today.
stop to 35. The market is still in an R zone, it has to hit 8/32 to be out of it.
stop to 15
The market has only had piss-poor pullbacks (PPP) so i'm pretty excited about holding this one to the close. Next stop move will be to 112 15/320...
let's see if this bee-atch can break out
My stop is at 30/32. I will cry if I have to stop it there, but my stats show if it retraces that far then we've probably seen the high. Didn't...
Moved my auto-add to 26 but I will add a HrL if it comes first.
Re: today's market. I was just thinking overnight that there is no way I want to be short today. Yesterday was a great opportunity to short and...
Hi Flashboy, I found just what Magee said in his book about indexes: S/R levels are washed out compared to individual commodities/stocks....
I'm long with an add at 25/32 hard stop at 21/32.
someone posted a study over a year ago on ET about what characteristics make a good trader. In this particular study they found "intelligence"...
My R zone for tommorow is 112 35/320 - 55/320 and I certainly don't want to ride back up there with open contracts for the re-test which may or...
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