Yes, I use 22 ticks for trading and 56 ticks for "big picture". Sounds like hard work indeed....One of my 1m rules is that the trend/swing isn't over until EMA50 is challenged, which usually will result in a last spurt off said EMA. How could I ...

Islander and Medici trade the European open

Nice one, and what a morning Here's my morning trade in NQ - long at 7.26am and out at 9.25am for about 250 points at yesterday's 8pm high This is a 56 tick range bar chart.

Islander and Medici trade the European open

Nice discussion starter and good thread. Here are my 2c, coming from the perspective of statistical time series forecasting, which is the scientific version of what these snake oil salesmen are selling. First, trading profitably is ...

It's Unreliable

Good morning. Nice reversal up into last week's range yesterday evening. This morning support at 15600 with a nice H&S on the 1m. My entry at the blue line. This should go up to last week's POC at around 15800 which is also where EMA100@1h resides. ...

Islander and Medici trade the European open

I've got an excerpt from "Zen in the Art of Trading" (an interview in The New Market Wizards) on my desk. The sentiments expressed in that interview have helped shape my trading philosophy. A couple of pertinent quotes: and Which, if you think about ...

Islander and Medici trade the European open

It's (10,13,3) weighted.

Islander and Medici trade the European open

Good afternoon Good to see some activity here I have drawn the same conclusion, even though I focused on ES today. Chop around today's open...

Islander and Medici trade the European open

Well done! I took the evening off with the missus. And, yes, finally volatility is back

Swing Trades DAX/DOW/NQ/GOLD

Thanks, yes, which I'd describe by saying that this week is roll week, and next week expiry week.

Swing Trades DAX/DOW/NQ/GOLD

Isn't expiration next Friday? url

Swing Trades DAX/DOW/NQ/GOLD

Thanks, yes, and interestingly it's been the morning action that has offered the easiest and best trades, with the US session being devoted to noisier action. I suppose we're waiting for EMA50 on the hourly to reach up to the range of action, which ...

Islander and Medici trade the European open

Good to see you take advantage of the very beneficial late summer volatility, Captain Just to add my trade planning perspective to that: Thursday was a reversal day up, from Camarilla S4 up to R4. That set the direction and ...

Islander and Medici trade the European open

I find that if I trade based on what I think is going to happen, then I get personally invested in the trade, which brings in emotions that cloud judgement, which in its turn worsens the situation. In other words, instead of trading on what I think ...

Swing Trades DAX/DOW/NQ/GOLD

Makes me think of something I overheard a Yale professor say during my student days: "We may not be producing the best cars in the world anymore, but one thing we're still no.1 at - producing crazy people."

Swing Trades DAX/DOW/NQ/GOLD

Yes, up it goes again. Now EMA144 added to the picture.

Swing Trades DAX/DOW/NQ/GOLD

Compliments to DD for keeping this gezellig thread going Quality posts every day I thought I should share my summary of the week in YMH1/DJI. 5000 ticks per candle, EMA34, and daily pivot plus Camarillas 3,4 and 5 in both ...

Swing Trades DAX/DOW/NQ/GOLD

Here's my favourite quote from that book: "In trading, just as in archery, whenever there is effort, force, straining, struggling, or trying, it's wrong... The perfect trade requires no effort." Which, I suppose, is another perspective on the same ...

Becoming A TopStep Trader 2020

For US index futures they do, in my experience.

Becoming A TopStep Trader 2020

Putting Camarilla Pivots on that chart could make things easier.

Becoming A TopStep Trader 2020

No, sorry, banks don't give a hoot about retail traders. As to edges. I know I have an edge and I don't bother calculating a thing. My platform calculates much of the usual stuff in relation to portfolio performance and trading stats. I don't find ...

What I learned after losing $300,000 trading forex