Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now, It is Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
In my pre-market video I gave 95 as a target for ES today and it hit it and even went a little lower. Next target is 78. You can see the video here if you missed it:
I had a terrible day trading crude today and I decided that I was going to put crude aside for now and focus 100% on the ES during US RTH. I can read ES really well but crude is a bit of a mystery.
Here's the ES trades. I really scored on that last one. I was establishing my short position and I kept scalping to improve my cost basis and then catch the nice move down into the close.
This is why I love ES. I can read it well, I can safely trade size, all my tools work well with it, and I rarely have a loser. I'm not bashing crude, crude is great. It just takes time to master it. I've put in 2 years on ES so best to stick with that. And if I can trade size on ES, do I really need to trade anything else?? So I'm just going to stick to what I know and see if I can increase my size to achieve my goals. My basic unit has increased from 1 to 2 contracts. If I scale in I can have several units. That last trade shows 7 but I only had 5 open at one time.
The following user says Thank You to cunparis for this post:
This morning I finished trading early so I had time to make a video reviewing my euro stoxx trades. I also made a video going over one of my ES trades from earlier in the week, I'll post that one this weekend. I think they will give you some more insight on those "sois-disant" professional bars.
The following 2 users say Thank You to cunparis for this post:
Month to date results of the euro stoxx are quite impressive. 20 trades all winners for 1000 euros. I started out wihtout many trades but have become a bit more aggressive and increased my unit size from 1 to 2 which increased profits:
Dax results are very impressive, I've traded the dax only for 6 days yet made as much as I did on EuroStoxx for the month. Thanks to Jeff Castille for the idea I'm using to trade the Dax.
Yes I am in Italy.
I like the FESX opening, which is at 8, and I need an hour or so to get my brain working ;-)
When I'm live at the FESX opening, I usualy get a couple of good trades before 11 am.
Then I may trade the US opening at 15.30, looking for a couple more trades, or for a trend-setting one.
The FESX opens at 8 but the cash markets in germany open at 9am. There are usually good trades from 8-9am as FESX will test the nearby levels of the day before. Unfortunately I'm getting the kids ready for school. In September I should be able to start at 8:30.
I trade the first hour to hour & a half of europe and then I go for a run in the park, go out for lunch at a restaurant, and if I have extra time I work on some of my prototypes. Then I trade ES from about 14:30 to 18:00. I also trade ES from 20:30 until I get a winning trade and then I quit. I really like the last 90 minutes of ES. The levels are defined and I can always find a good trade.
The following user says Thank You to cunparis for this post:
