Support and Resistance - NinjaTrader Programming | futures io social day trading
futures io futures trading

Support and Resistance
Updated: Views / Replies:9,764 / 11
Created: by SpyderTrader Attachments:2

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Thread Tools Search this Thread

Support and Resistance

  #11 (permalink)
Big game hunter
Futures Experience: Advanced
Platform: Esignal, MBT navigator
Favorite Futures: Currencies
Posts: 2,526 since Jun 2009
Thanks: 1,397 given, 2,571 received

SpyderTrader View Post
@Fadi, @Eric j, @Gary

Have any of you ever added Market Profile or POC levels to filter out "strong" S/R lines and "weak" S/R lines?

Has this improved your performance, or ruined it?

This is a chart from last Friday (jobs report), you can see the many levels.
Trend, chop, trend, chop.

Just looking for something that I can add thats going to help filter out some of these entries.

I don't like trading tops and bottoms, my fave is when price smashes through a level and continues.

Please register on to view futures trading content such as post attachment(s), image(s), and screenshot(s).

I havent found any of those to be consistently strong . Remember - every market is different and the same traders are involved each trading day in their respective markets so that in itself carries a lot of weight as to where price is going to hold . For example , the markets I trade each have a personality and one will usually see a recent high (resistance) thoroughly taken out in a bearish market before the next leg down and another will usually see price crater without much retracements to a nearby resistance level in a bearish market . Knowing your markets intimately is key .

Reply With Quote
  #12 (permalink)
Elite Member
Orlando, FL
Futures Experience: Advanced
Platform: NinjaTrader, ToS, Sierra Chart, MCDT
Broker/Data: Interactive Brokers
Favorite Futures: ES, NQ, 6E, 6A, TF, CL
kojava's Avatar
Posts: 43 since Jan 2011
Thanks: 53 given, 28 received

SpyderTrader View Post
Ok for all your Elite Members who have been here a while.

Who do you think has the best Support/Resistance indicator?

And why?

There are a lot, and I mean a lot of SR indicators.....but most of the ones I've seen have an average performance, meaning about 50-50.

Sometimes I feel that if you put up a 5 minute chart of anything, and just draw a bunch of completely random horizontal're trading results are about the same as any expensive indicator.

Post your thoughts.

Personally, I like to just look at Point and Figure charts to find major support/resistance areas that price had been trading in past couple of days. Then draw lines manually on charts that I'm trading off with to make note of those areas.

Reply With Quote


futures io > > > > > Support and Resistance

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Upcoming Webinars and Events (4:30PM ET unless noted)

Wyckoff Hunting for Great Risk/Reward Ratio w/Gary Fullett

Elite only

Digging into the Details of iSystems w/Stage 5 & iSystems

Jun 5

Similar Threads
Thread Thread Starter Forum Replies Last Post
Trading Support and Resistance shodson The Elite Circle 21 December 7th, 2011 09:13 AM
Support and Resistance tony2009 Traders Hideout 13 July 8th, 2011 06:12 PM
Novel way to find support and resistance verge The Elite Circle 18 September 9th, 2010 02:37 PM
Support Resistance Break emini_Holy_Grail Traders Hideout 3 June 4th, 2010 06:51 AM

All times are GMT -4. The time now is 10:10 AM.

Copyright © 2018 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432,
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2018-05-20 in 0.08 seconds with 20 queries on phoenix via your IP