Hi guys,

First post on the forum, just signed up today and I plan to immerse myself in the knowledge you have to offer.

I'm planning to be an ES low frequency day trader (only 3-5 trades a week) starting with $7500 (still demo trading at the mo though). I'm developing a system at the moment to catch some nice intraday swings. I'll share it with you guys soon.

I want to enter the market each day more prepared. I watched a Linda Rashke webinar and she went over starting the day with a long/short bias. Have you guys got any techniques you use to determine which way the market could trend?

Please share your ideas or link me up some past threads that go over this subject.

Thanks in advance!

JACKATK

JACKATK 

Hi guys, First post on the forum, just signed up today and I plan to immerse myself in the knowledge you have to offer. I'm planning to be an ES low frequency day trader (only 3-5 trades a week) starting with $7500 (still demo trading at the mo though). I'm developing a system at the moment to catch some nice intraday swings. I'll share it with you guys soon. I want to enter the market each day more prepared. I watched a Linda Rashke webinar and she went over starting the day with a long/short bias. Have you guys got any techniques you use to determine which way the market could trend? Please share your ideas or link me up some past threads that go over this subject. Thanks in advance! JACKATK

Hey Jack!

Welcome to the forum! You will find that there is a limitless amount of information here and that you will never run out of stuff to learn from! If you haven't yet, I would consider becoming an "Elite" member. There are just as much information, if not more in the Elite area.

Anyways, to your question!

I would read through Big Mike's thread about his journey in trading. Another great thread is the "Spoo-nalysis" thread. Both of these threads have helped hundreds, if not thousands of traders figure out their trading. In these two forums market "context" is discussed. Check out the wiki that the word "context" pulls up. Once you understand the context of the market, you will have a MUCH better ability to judge the bias of the market.

I hope I helped and the best of luck to you!

EDIT: Here some links to the threads that discuss context as well as the ES:

CONTEXT is EVERYTHING I thought it will help all the traders to create a thread just to post/discuss about definitions/ideas/trading with CONTEXT. Very recently I realized METHOD or TIME FRAME doesn't matter if you are NOT trading with CONTEXT which is the MOST important …

Big Mike's day trading method and advice Well this is a thread I've been meaning to create for a long time. It's not a journal of my trades. It's just a collection of thoughts. If you don't like them, then don't read them :) But the intention in posting to this thread …

InletCap's Random Collections I'm opening this journal as I feel I need a home on NexusFi to put stuff. As the title implies, this will be a collection of random thoughts, images, posts from other threads, and things I want to keep track of in one place. I post in a lot of places …

Spoo-nalysis ES e-mini futures S&P 500 Lame Ducks Both Fed Chairman Bernanke’s remarks yesterday and President Obama’s speech last night about his jobs plan; combined, failed to reassure the market that a solution to the country’s economic woes was at hand, and the …

Thanks for the links rocksolid68, will have a read through this evening

The most complete analysis is shared by FT71 or Morad from stage5 @8:00 Chicago time each day:
Stage 5 - Trader Bite

I also like this thread (very good):

DTs Pre Market Prep Hi All I decided to move my pre-market prep over here. I tend to push this out on a forum, the Topstep indices room and a Skype group I'm a member of. I'd prefer this thread to be a place for anyone to post pre-market prep for any market. Not …

Cheers trendisyourfriend.

I just skimmed the first few pages of that thread. That's the sort of thing I'm looking for. I'll take a deeper look tomorrow

put up a simple 50 day sma on a weekly ,daily, 240 min., 60,min. bar chart... you want to trade in the direction of price ..when it is above or below all time frames .. for entry play with a 1 to 5 min. chart with a 9 an 19 ema when the fast ema crosses the slow one with a momentum push...trade the pull backs to the 19 ema if the ADX is over 30 .. in the direction of the larger time frames...hope it helps p.s. look at the volume of the pull back bars..make sure they are less than the momentum push bars