Vlad,

Do you use a system when you trade the ES or do you just trade off of support and resistance levels? I'm relatively new to futures and the ES appears pretty tough to trade. This choppy back and forth action is tough to figure out. I applaud anyone that has mastered trading this vehicle. Thanks for the charts.

Hey Ice,
simplest things are most efficient and profitable things in these markets, so fibs and s/r levels are my system.

We are now experiencing once in several decades moves, which are extremely hard to trade, there is nothing wrong with watching and cutting position sizing down until you are comfortable with this market. And im not sure anybody is at the moment.

Vlad

very nice Vlad!!

Ty Pat,

hope all is well.

New post on support levels is up in case you interested.

Cheers
Vlad