brownsfan019

80% win rate = buy, no stop, profit target 1 tick. Eventually, the profit target will get taken out at least 80% of the time. Either you need to detail what you are looking for if you actually know what you are looking for or this is a total noob that really has no clue... Regardless, this has waste of time written all over it. Buyer beware.

Not necessarily although it will not be easy. Hence the reason it has not been worked on.

He's only got 8 indicators for sale, so maybe there's a package available if you act quickly!

Take care mea. I have an older dog (she's about 13 now) and I am not looking forward to the time when the inevitable happens. I'm going to be a mess and I know it. Good luck, take care and since we are on a trading forum - DO NOT TRADE IF IN A SADDENED/ALTERED MENTAL STATE.

Sounds like the platform of your broker is limiting the depth. Here's my OEC screenshot of the NQ: I would get a demo from OEC or Infinity to compare b/c if you are only seeing 40 contracts max on a side, then something is wrong. See my screenshot for an example.

You said it BF. The 'mentor' in the biz of selling, does just that - sell. Those are the mentors you see through a google search. IMO a real mentor/mentee relationship is like finding a needle in a haystack, but when you do it could be extremely profitable. It's almost more of a who you know type thing. For example, if a good friend was serious and approached me, I would probably do it. Now if I was approached on a random message board, I doubt I would even give it serious consideration.

Interesting thread. I've actually thought about the mentoring thing but as is pointed out in this thread, it's a double-edged sword - for both the mentor and mentee. I think if I did it, it would be local and w/ someone that I knew first. I'd want the face-to-face interaction.

Great question. For example, I know nothing about it and do not believe it's available to US citizens. That's neither here nor there, but just an fyi.

If the individual is making consistent $ with 10 indicators on their screen, why on Earth change that? While my setup is fairly simple, this recent "no indicators or else" wave through here is rather amusing. On that ET thread there is an easy to follow example using moving averages. Maybe that's "too much" for some, but for others that may be plenty. Maybe some like stochastics as a reinforcement. Maybe others like pivots, etc. etc. Trading comes down to finding what works for YOU; whether that is bar charts by themselves or spline charts w/ 13 separate indicator windows. This business is about MAKING MONEY. Nothing else.

I received a few PM's from people that found the thread on ET worth pursuing. I'd welcome any and all feedback for others to see. The premise behind the system is one that seems easy to follow and I've been watching it intra-day to see how it runs. Still too early to say much other than, candles print like crazy on a 2401 constant volume chart, that's for sure. Interesting premise w/ the moving averages as the guide.

Interesting piece from Ron Paul. Sounds like we might see some 'volatility' in the near future....

Keep up the good work Abe and remember what I told you awhile back - pay it forward.

yoshi - a phenomenal vehicle for leverage in the US markets are futures. Plenty of info here on TL and the CME and CBOT. If leverage is what you want, it will be hard to beat futures where you can open an account for $5000 or less at some brokers. Of course, knowing what that leverage means is also important.

Kinda weird on how on two separate forums there are people commenting about candlesticks yet using bar charts...

As much as ET can be a waste of time, every so often a thread comes along that grabs my attention. This thread is one of them. It's entitled - Ideas for struggling traders - and the ideas presented are fairly basic and repeatable (I think). If you are struggling or just looking for a fresh idea, check that thread out. I suggest checking out and maybe even taking screenshots if interested as it could easily disappear tomorrow.

Seeing that this is the candlestick corner, candlestick charts might be step 1.

I will provide one warning about divergences - they look great after the fact. Trading them in real-time is another animal. I went through a divergence phase in the beginning and here's what I recall about divergences: 1) You can either see a possible divergence and get in 'early'. or 2) You can wait for the divergence to confirm. Problems are: 1) You will get into trades that are not even divergences. or 2) You will get into trades much later than the ideal spot. I found divergences a real disappointment in real-time, but they may work for you. The key is to paper trade them in real-time and see how you do.

That was a nice trade James. I had some resistance marked there so I also took the short you highlighted.

Breaking down nicely so far today for the short MC. The bulls just did not have much force behind it yesterday so we'll see how today goes.

MC - outline entry, stop and profit target(s) for us/me. Just finding the pattern is step 1.

So up on the day, but like the market, it came down towards the EOD. As a long, I would have liked to seen it close near the top, so we'll see how she acts the next day or two.

Good here. I requested a couple things that should be in the next update. You need something or missing something?

FS - nice find. I tried to post it earlier but didn't work for some reason and then FOMC came. I am being told that it's 'business as usual' for OEC.

MC, Here's my 1 minute review while working an ES trade... In the above chart, I see: Possible support area here w/ the Bollinger Band and previous attempts to break this. I would love to short BELOW this level. In the above chart (bigger timeframe), I see: The Bollingers and Candles can provide some trades, but you can also get caught into a trending move that just moves up/down the band. Entry method would be vital here. ======= In other words, I can see why you took a short here. I can also see reasons to be a bit hesitant on shorting here as well. We'll see how it reacts on the FOMC, if at all. I know nothing about this stock so hard to say 'based on' statements.

That is one advantage to trading futures - you already know what you will be focusing on for the day. Some just trade one e-mini product and that's it.