here's a new chart on the 60 min and 2 hr, a doji had formed on
the 60 min chart but no long trigger yet, and one on the 120 min.
No long triggers yet however price is quite stretched below
the 5 and 9 EMA so a reversion to mean bounce could occur
anytime.
sure you do, AMP futures for example you can trade 1 ES contract
per $500, you could easily do these trades with 1000 bucks in an
account. Clearly I think one should have more, but if it's
quick reversion to mean trades that you are not holding, margin is
small.
ES futures opened
Posted by matt on 11th of Sep 2016 at 06:14 pm
here's the 60/120 min charts so that you can see where they opened with respect to them, basically trading about flat to Friday's close
here's a new chart on
Posted by matt on 11th of Sep 2016 at 08:13 pm
here's a new chart on the 60 min and 2 hr, a doji had formed on the 60 min chart but no long trigger yet, and one on the 120 min. No long triggers yet however price is quite stretched below the 5 and 9 EMA so a reversion to mean bounce could occur anytime.
Nice hammer-y doji on the
Posted by frtaylor on 11th of Sep 2016 at 08:35 pm
Nice hammer-y doji on the 30 minute chart, too bad I don't have an account size to where I could trade ES.
sure you do, AMP futures
Posted by matt on 11th of Sep 2016 at 08:51 pm
sure you do, AMP futures for example you can trade 1 ES contract per $500, you could easily do these trades with 1000 bucks in an account. Clearly I think one should have more, but if it's quick reversion to mean trades that you are not holding, margin is small.
Did not know. Thanks, I'll
Posted by frtaylor on 11th of Sep 2016 at 10:00 pm
Did not know. Thanks, I'll look into it this week.
Don't try trading ES with too small of an account.
Posted by disciple33 on 12th of Sep 2016 at 12:36 am
You'll likely find that all your profits are in the future...
don't trade futures unless you
Posted by matt on 11th of Sep 2016 at 11:14 pm
don't trade futures unless you have a plan/system. Use Ninja Trader, trade on SIM for a while to refine your method and entries
No worries, I paper traded
Posted by frtaylor on 11th of Sep 2016 at 11:34 pm
No worries, I paper traded a lot a year ago w/ a coach; never did get the nerve to use real $.
easy reversion to mean long
Posted by matt on 11th of Sep 2016 at 07:07 pm
easy reversion to mean long off the 10 min chart via the doji
however I'll do a larger size if I get a setup on the 60 min