Day Trading Futures

[barney]

Did I waste my time posting charts on this thread today?

It's pretty clear to me and pretty effective.
What more do you need?

Tech, Some of TG's early trades did not fit the "resistance" concept. The later trades you have noted obviously make more sense.

Trader Girl ... Have you consciously altered your entry criteria since you started? If so, I am curious as to the catalyst for the change. (Mentor intrervention? .... Critical review/back testing of entries? etc etc)
Cheers.

 

[tech/a]

And again!! A day apart!!!

CLICK TO EXPAND

 

[tech/a]

A couple more.

CLICK TO EXPAND

 

[wayneL]

A couple more.

CLICK TO EXPAND

View attachment 44783

Even the next one with a 10 point stop would have worked.

 

[tech/a]

Even the next one with a 10 point stop would have worked.

Yep.
Simple.

 

[tech/a]

Going forward points of interest and perhaps discussion.

At 2,5,10 contracts a pop!!

CLICK TO EXPAND



T/G care to get involved?

 

[tech/a]

Its not the only way to trade the SPI and not the way I trade the SPI or FTSE.
It is "A" way and from reverse engineering "IT" or something like "IT" looks to have some merit.

Gotta laugh Bronte your entertaining
You'd slap yourself on the back if I won the lottery!

 

[Bronte]

Gotta laugh Bronte you are entertaining

Would you like me to show you examples from many years ago?

 

[Bronte]

We have a Monday low of 4217
Todays low 4214....... Long is good.
4240 @ 13:50

A recent example........
2nd September 2011 10:50AM

 

[tech/a]

Well how about that--you knew all along--years in fact.

Guess I just let the Cat---errrr Maltese out of the bag

 

[Bronte]

Well how about that--you knew all along--years in fact.
Guess I just let the Cat---errrr Maltese out of the bag

lol
No problem tech/a
We have been giving away clues for years.
They usually start with major 'Support / Resistance'
Gann Support / Resistance as posted many times.
We have many many examples posted here before they held....

 

[tech/a]

lol
No problem tech/a
We have been giving away clues for years.
They usually start with major 'Support / Resistance'
Gann Support / Resistance as posted many times.
We have many many examples posted here before they held....

Geeeeee----- and just to think that the posting of a few charts would have cleared up a "Years" old Mystery that warrented only giving out hints.

OBVIOUSLY your method is FAR more complex with the addition of GANN Support and resistance levels.

Each to their own.
Think there is a Gann Thread especially for you.

Carry on.

 

[robz7777]

Going forward points of interest and perhaps discussion.

At 2,5,10 contracts a pop!!

CLICK TO EXPAND

View attachment 44785

Is there any consideration given to volume? Or is it simply betting that resistance will hold?

 

[Bronte]

Would you like me to show you examples from many years ago?

You have always, unfortunately been focussing on me tech/a
and not on the methods being shown / traded.
Some ASF members did learn this years ago.

 

[wayneL]

You have always, unfortunately been focussing on me tech/a
and not on the methods being shown / traded.

Me? I thought is was WE?

 

[barney]

lol
No problem tech/a
We have been giving away clues for years.
They usually start with major 'Support / Resistance'
Gann Support / Resistance as posted many times.
We have many many examples posted here before they held....

Hi Bronte,
Now that tech has conveniently told everyone your support/resistance concept, and with the additional 500 retail traders dumping extra contracts at the pivots ........... Probably gona have to widen your Stops:

The SPI will turn into the EUR/USD now ...... not.

ps. Well done and good luck to you.

 

[tech/a]

Going forward points of interest and perhaps discussion.

At 2,5,10 contracts a pop!!

CLICK TO EXPAND

View attachment 44785

Is there any consideration given to volume? Or is it simply betting that resistance will hold?

It "APPEARS" to be

(1) Set Sell Stop at Pivot
(2) Set Bracket order Buy stop 5 ticks below pivot
(3) Set Bracket order Buy stop 10 ticks above pivot

Rinse and repeat.

Volume isnt involved havent looked any further than this.

 

[Trader Girl]

If there is interest in my method it's laid
out earlier in this thread.

Support and res. is only part of the
process.My decisions are based on
more than simply that.A lot of it is
reading the tape while observing other
markets.

 

[Bronte]

Hi Bronte,
Now that tech has conveniently told everyone your support/resistance concept, and with the additional 500 retail traders dumping extra contracts at the pivots ........... Probably gona have to widen your Stops:
The SPI will turn into the EUR/USD now ...... not.
ps. Well done and good luck to you.

Thank you barney, you are a good man.
Good luck with your trading also

 

[Trader Girl]

Selling Spi here @ 4021