SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Chart Formations
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Casaubon who wrote (861)11/10/2005 9:52:15 AM
From: sean sanders  Read Replies (1) of 967
 
-off topic-

The past 8 months I had been trading futures and some forex;
futures well;

the dow mini, snp mini; naz mini; gold and mini oil; even some bonds.

forex is tough ie most of the patterns arnt straight forward and things move more erratic.

I didnt do so well trading futures; I think part of it had to do with I didnt have a clear defined plan and I wasnt used to trading them. Also the charts on gold and oil are real erratic intra day and there are large price fluctuations so you could lose alot quick when in reality if you stayed in you would have made money.
ie I shorted oil near the breakdown of the h&s but got scared out when it moved against me and I was down a bunch.

I have been trying to develope a trading plan for trading futures and its been hard to come up with some solid rules.

I mostly had been trading the mini dow and I think its alot harder to trade that then the mini snp. Reason is the candles are alot more erratic; ie alot more wicks. The snp moves with more certainty while the mini dow can move quick touch support and move just as quick back and reverse before you take your profit.

maybe I'll switch to the snp and see how I do with that; because like I said in the above; alot of times when I traded the mini dow I would get in the move and get scarred out because of all the erratic candles (long wicks and quick reversals in the 2 min charts).
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News