Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for 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)
My journal will mostly consist of charts marked as to how I read price action by showing setups and explanation to many if not most of the potential trades. Early on I will show several more charts with trades than at some point in the future. For now, …
You ask for it. So here it is. Simplified to the utmost. I will describe the trades on ES for 4/23 and 4/24 using no indicators below. Using only a 30 minute chart to keep it simple.
Go to the above entry and see just how simple my system truly is and how you can use it on any time frame and contract.
It can't get any easier than this. I hope everyone can now see just how good this is. You can't beat it.
Use a chart on which you prefer to trade and prove it will work for you. Let me know how well it works.
Good Trading.
WK
Can you help answer these questions from other members on NexusFi?
Hi ESFXtrader , Please can we talk? Please I need some advise. It will be big help. Thanks so much in advance.
ESFXtrader
West Coast of Florida
Posts: 505 since Jul 2010
Thanks Given: 56
Thanks Received: 2,284
This is what my chart looks like today. Can you beat these entries shown on the chart just as we trade them?
Don't trade against trend or divergence unless you have a proven strategy. I am using the 21 EMA as a trend line and trading off it. After divergence or price hitting BB, price usually moves beyond the 21 EMA unless the trend is strong. The smallest move from entry of any trade marked is 10 then 11 ticks and the most heat on any trade was 5 then 3 ticks. Once you perfect this trading, your financial worries should diminish. As you grow your balance, you can increase your contracts traded. Many traders cannot re-fund their account. Therefore, it is important that you always prove you have it down before going live. At least early on, one should set a daily goal.
Take care.
Good trading and good night.
WK
My journal will mostly consist of charts marked as to how I read price action by showing setups and explanation to many if not most of the potential trades. Early on I will show several more charts with trades than at some point in the future. For now, …
It's all free. Certainly you will find what works for you among the many great traders there and you'll be glad you came on board. And did I mention it's free.
Big Mike
Manta, Ecuador
Site Administrator Developer Swing Trader
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,440 since Jun 2009
Thanks Given: 33,212
Thanks Received: 101,599
Moderator Notice
With this post, I am closing this thread and journal and I will instruct ESFXtrader to not continue posting on futures.io (formerly BMT). If he does, he will be banned.
The short reason is that I do not trust his motives for posting. I have been deceived and flat out lied to before, so although I have questioned ESFXtrader in the past, I no longer believe his responses. Instead, I look at his posts in total to make the decision about his goals and intentions. I believe he is only here for promotional reasons.
I do what I believe is correct, and in this case that includes terminating this journal and if necessary his membership to the site.
