[sanchez]

I am new to posting in forums. I trade using PA & Volume. My focus is primarily on the mini ES but I look at some currency futures as well. I can trade often so it might be too difficult to post real time so I might just speak about areas of interest...we'll see how it goes. If there is an interest in hearing my thoughts that is great & if not then this will just be an online journal so to speak.
Thoughts & comments are welcome in a positive and constructive manner.
Good trading to all.

Sanchez

[sanchez]

contract rollover tomorrow, beige book at 2 and Bernanke at 4. Not expecting to do too much trading anymore today but I've said that before.

[Zan-shin]

I would certainly be interested to read how you trade using price action and volume.

[sanchez]

Originally Posted by Zan-shin »

I would certainly be interested to read how you trade using price action and volume.

Good deal. I won't go over the trades I have taken, or attempted to take, so far this AM unless you feel it would be useful. Mkt is slow right now and rollover tomorrow will probably cause me to alter some of my trade decisions for a few days as equalization plays out.

I will be as clear as possible when I post. Maybe need to post an abbreviation page at some point but just let me know if I'm not making sense

As I mentioned in my 1st post, I am new to posting in forums & might take some time to get into the swing of it, so please bear with me.

WHAT I DO:

I only day trade and hold no positions over night. While having a bigger picture view of the mkt, I will trade on both sides. In my view, the trend is only the trend until it's not & this varies for everyone. These are just my views and opinions but I truly believe that what I am looking at is the driving force behind price movement, as I trade it.

I have been trading for a long time & I have had to go through many transitions along the way. From the floor to the screens and all the rule changes and regulations, it always seems to be a work in progress but my basic core belief, from being on the other side, never changes.I am looking for areas of heavy/light volume in coordination with PA to help time my entries. Sometimes I will take high risk trades but if I can time my entry well enough to keep my stops tight, the R/R can be great and I am not expecting a 90% win rate....nor do I need/expect it.

I have good days and bad days like any other trader. How I deal with them has been the key to my success as a trader...that's 90% of the game imo...& I'm being generous. If anything I say or do helps someone along the way that would be great! I'm not looking for or inviting confrontations with other traders as I understand that everyone looks at the mkt a bit different & my way is not the only way. If we can just agree to disagree, that would be fine.

Good Trading To All

[Zan-shin]

Originally Posted by sanchez »

Good deal. I won't go over the trades I have taken, or attempted to take, so far this AM unless you feel it would be useful.

I am looking forward to reading your posts. An explanation of your entry and exit criteria would be useful if that it possible. Thanks

[erierambler]

Originally Posted by sanchez »

I will be as clear as possible when I post.

Good Trading To All

Would you be interested in meeting in chat tomorrow morning? Just click on chat at the top of the page on Traders Laboratory.

erie

[sanchez]

tomorrow should be interesting as rollover days usually are. Will post a bit but a lot of things I look at, are skewed by the equalization. If I am too aggr then I may get chopped to death...we'll see how it goes. We also have unemployment # tomorrow 8:30 AM est

[sanchez]

Originally Posted by erierambler »

Would you be interested in meeting in chat tomorrow morning? Just click on chat at the top of the page on Traders Laboratory.

erie

How does the chat work? Is it specific to this thread ? Sounds cool