ES short term trading 5-6-10

Originally posted by myptofvu

Wow I had no idea that doubling my contract size would send the market into such a frenzy.

Originally posted by BruceM

you some Johnny Walker RED...and some explainations of trades!!!

Originally posted by BruceM

This isn't meant to insult any particular method and hopefully the newbie or casual reader will realize that no method is perfect. When we trend we can throw everything out the window:

and that includes...

Kools tools
Bruce'; Air pockets
Monkey lines
Fibs
pivots
high and lows
Gann
Market profile
Vwap

anything you can think of..

Hopefully the folks who sit back and read these posts realize that you need some form of money management or experience to know when to say "Uncle"

This is one of the reasons I go lighter in the afternoon...the market trends better...rarely do you see this in the morning...except for like a 9/11 situation..etc...but it does happen

Anyway I'm sitting back with a glass of Johnny walker Red and thanking the good god above for key numbers and just plain dumb luck....

I'm glad I was here to experience that!

Originally posted by MonkeyMeat

Big time dittos on this. When all hell breaks loose like today, pretty much everything, on trade analysis (no matter what style) goes out the window - period! And then it's "mostly" a gambler's chance to put on a trade ... the best thing to do is simply stand aside and watch the fireworks with the drink of choice in hand.

Originally posted by BruceM

This isn't meant to insult any particular method and hopefully the newbie or casual reader will realize that no method is perfect. When we trend we can throw everything out the window:

and that includes...

Kools tools
Bruce'; Air pockets
Monkey lines
Fibs
pivots
high and lows
Gann
Market profile
Vwap

anything you can think of..

Hopefully the folks who sit back and read these posts realize that you need some form of money management or experience to know when to say "Uncle"

This is one of the reasons I go lighter in the afternoon...the market trends better...rarely do you see this in the morning...except for like a 9/11 situation..etc...but it does happen

Anyway I'm sitting back with a glass of Johnny walker Red and thanking the good god above for key numbers and just plain dumb luck....

I'm glad I was here to experience that!