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I also share a similar idea on the RE market I respect your goals and I think that is the way to go in this game. We’ll see what happens. The guy is a trader through and through. Ask any questions and I will answer. Because of this a margin of error is used on each one. The SL or short line.
My Chick Goslin “Intelligent Futures Trading” Journal | Elite Trader
Chick stopped his letter In early March. I got out of my crude contract for a loss at I had to widen the stops on that up to to guard against a sharp rally which this market likes to do sometimes. First we are buying on a possible dip.
No, create an account now. Do you already have an account? Copper sank a little more but nothing eventful.
My Chick Goslin “Intelligent Futures Trading” Journal
My limit order for cocoa did not hit. The stocks performed as planned for today.
I sold 2 contracts of bonds at Real estate investment is my end goal. Thanks guys, feel free gosslin post any time. Often times there will be an explosive sudden rally in some of the more volatile markets.
Can you post a screen shot? There could be a sharp rally any time so I am only shorting 3 contracts. Good profits on those. You must log in or sign up to reply here. Short copper, trying to short bonds Long stocks Trying to dump crude oil at a loss.
Intermediate chjck pressure as seen through the ML is the second most important, with short term pressure being the least important.
Yes, my password is: I do not try to time these brief moves anymore, for all I know there may not even be one. No black boxing here, it requires a brain to analyze what the indicators are saying. I am seeing this in crude oil now.
Be meager with withdrawals. Chick says that the NQ is like the head of the stock market and the Dow is the tail, with the ES the body that gets dragged in between.
F H Chick Goslin
The market is a clever beast and likes to make spotting a pattern as difficult as possible. Additionally the ER2 was also positive and while this one is a bit more finicky, having the ER2 agree with the NQ is an extra positive. I’d have to say he was a huge factor in my trading education.
I follow several market groups: I will try not to clutter up your journal, but I will most definitely follow along and maybe add a few comments here and there since we both share similar backgrounds as far as trading methods.
However other indicators specific to the stock markets are pointing towards a good probability of an up move. A dramatic drop in price would change that strategy however.
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