I'm new to trading the ES. One subject i've seen referenced everywhere is the importance of learning to recognize strength and weakness in volume, momentum, price support and resistance. I'm sure there are volumes on each subject, but would you be so kind as to suggest resources for learning more about each ? I'm not looking for a system or an indicator, please, but rather a book, website, articles, etc., that would help develop my thin knowledge base. I'd like to be able to watch the ES and have a solid grasp of the price, volume, etc., and if it's strong or weak.
Many thanks in advance. I look forward to your suggestions and to learning....which i am in need of.
BR
BruceM
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Posts: 19,895
outside of the great stuff here I would poke around Dr. Bretts site.....here is a link and look at the "trading resource for Friday" and the links there.......tons of great ideas and it isn't overcomplicated.....he does lots of good stuff with $ticks, volume, highs and lows, Vwap and even the concepts of market profile and pivots.....he does a great job of putting ideas into words that make sense...I'm jealous!!! Lots of us use these concepts here..
specific link: http://becomeyourowntradingcoach.blogspot.com/2009/03/trading-techniques-linkfest.html
and another:
http://becomeyourowntradingcoach.blogspot.com/2009/05/trading-patterns-that-set-up-during-day.html
Bruce
http://traderfeed.blogspot.com/
specific link: http://becomeyourowntradingcoach.blogspot.com/2009/03/trading-techniques-linkfest.html
and another:
http://becomeyourowntradingcoach.blogspot.com/2009/05/trading-patterns-that-set-up-during-day.html
Bruce
http://traderfeed.blogspot.com/
JW
jwboing
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Posts: 2
I am very interested in learning this too. Thanks for the question and the reply! JW