phoenix01

I usually enter one tick above or below a cande, what would you suggest as the best method of entry? I trade profitably most around the open and tend to hold positions for 15-30 minutes is the illqudity of the TF in the long term an issue for me?

What is the size limitation in the TF? Whats the most contracts anyone here has traded with 0 or 1 tick slippage? Thanks.

I cannot see the chart either. Which i click on them it says that the thread has been removed.

Could you give us an examples of a few trades you placed recently, explain your reasoning and trade style? Thanks

Is there anyway to pick what the best days to trade the ES market on facts regarding volume, volatility, news annoucments etc etc. I don't have a back testing software and was wondering if people had noticed any correlations with good trending days.

What should we be looking for on the volume pane?

The only problem is that i quiet often place a trade in the first hour if its a strong open, so i would have no idea how to set the targets till a lot later.

I will definitely look into this, looks like a really good option. My only problem with Bollinger bands and even the keltner channels is that i trade the pit session chart so usually there a gap on my chart. Therefore the bands completely play up for the first hour or so. Maybe i'll keep up a full session chart. But thanks for the suggestion.

Yeah my methodology is quiet similar. I've found no other way other than wait for the market to breakout and clearly show its trending. I think its the only way, most people don't have the patience to wait. If i get 2 false breakouts of a range iam not touching the trigger till the market have has clearly broken out. Then wait for a pullback to the EMA or another level and enter. You seem to be trading different timeframes, what are you main ones and do you not find it difficult watching too many?

Your completely right buts its VERY difficult to think of a way. I was thinking of incorporating some type of volality study to monitor daily, possible ATR? I think i did some backtesting but it was inconsistent. Any suggestions?

Ive been trading ES for a few months now and been have some success. However recently due to volatility coming down the range was become smaller and its hard to get filled 1x my risk and 2x my risk (I usually no more than 2 points a trades, targets +2 and +4). Which wasn't difficult the last couple of months of 2011. So recently i was looking at other markets and the NQ seem to have better results. When risking the same candle ( going long - one tick below the candle, vice versa for short), it seems to reach 1x and 2x risk more of the time. So i was thinking i could execute trades through the NQ but continue my analysis on ES. However the catch is sometimes a trigger on the ES is not the exact same point on the NQ. Sometimes on it will go one tick lower or completely do the opposite and actually move down whilst the ES slowly pushes up. Which will result in losses which would have not have occurred via the ES. Iam sure other trades have looked over this and was wondering what they concluded was the best thing to do? Does execution through different but correlated markets work or should i stick to what I've got and just reduce targets during low volatility (Which is a lot harder than it sounds). At the end of the day the better risk to reward ratio the easier it is to be profitable.

Having you been trading live or sim? Your completely right, so far the two examples you've shown the market has been trending (best conditions for trading the ema). How do you stay out of the chop? What criteria do you set yourself? Because this is where trading the ema can lead to significant loses.

I can't seem to be able to zoom on the picture to read comments. Glad your starting up the discussion again. How long have you been trading the 21 ema?

Ive spent quiet a bit of time on candlestick and been using them since the start of my trading. But it just seems difficult to get any sort of risk to reward edge with candlesticks on say the 5 minute chart on the ES.

How is this comment beneficial to me or anyone else reading this thread? Yes i am confused and not sure what to do and what to look for.