david111

There is no law of supply and demand, its a fallacy. Market movers act on "needs" and ES is used mostly for Hedging thus in essence when you trade ES the "law of supply and demand" is in reverse most of the time since the 9000 Hedge funds use the ES/SPY/SPX for Hedging against position Long/short on stocks or cross country arbing etc. No offense, but trying to apply logical laws to Chaos is absurd, there are 1xxxxxxxxx variables that move the markets. Its all a game of probabilities, Nothing is constant, and nothing is "law". Every day and every second in the market is unique. Market movers don't scalp they arb... Sorry for the harsh comment, but trading should never be your primary resource of income, you shopuld trade only what you can loose. Invest in Real estate and renovate/sell with leverage on non recourse bargains or foreclosures - let the bank take most of the risk...

Sorry to blow the bubble guys but WWaves is worthless just as Elliott waves. I coded every parameter and expert advisors to automate this strategy over years of data and it fails miserably. The market is ALIVE you cannot impose "waves" and counts, IT DOES NOT WORK consistantly. But it "looks" great after the fact...

Very dangerous game! You will get chopped on strong trend days. The tick extremes actually show strength. As for time for the "Pro's" tp step in, well the "pro's" lost so much money doing this........(see the "zoo" guys...). The "pro's" never categorically fade anything, nor do they ever face the market with a given strategy(...like I will fade the tick at 1000..."), they adapt and react and use good r/r based on proper sup/res analysis confluence which is mainly visual and not indicator orientated. This game is though, I want to direct you to a guy that had a blod on day trading and just retired (and he is very very good). http://highprobability.blogspot.com/ This is a very difficult game to predict the future guys.

I wanted to start this simple thread on important indicators/Symbols we should monitor per any GLOBAL market we trade. The idea here should be to post short, simple, and to the point so we all can enjoy and skim through this thread in a minute. FOR ES trading I would monitor : Dow Jones industrial $INDU Nyse Tick,Trin Nasdaq Tickq Trinq NQ,YM,ER2 $RUT spx - cash index vix - volatility index Sectors Xbd, Bkx Market sentiment stocks : Google,Apple,5 leading Dow stocks. Now what would you guys monitor for : Hang seng Nikkei Mexican Futures Dax Ftse And others. Please reedit your posts to reflect updates - so we dont have to skim through the whole thread . Keep it simple guys Tnx