I simply have to post the video (on Austin's blog today) below. Watch the entire video, you'll find out why (something to do with me being totally vain).
Seriously, there's a load of info and the usual very sound advice. You'll see charts of ES, crude oil, TF, gold and ZS (soybean) from yesterday (wed)'s trading and Austin discussed each (with special attention paid to ES). He talked a little about scaling in and scaling out. You'll find more on the topic here. Click on the link for "Partial-Profit Exit Approach".
I'm not selling Austin. As a matter of fact, I don't sell anything other than futures. The only 2 traders that teach whose advice I heed are Michael Woo and Austin, and I have no qualms about advocating their trading philosophies simply because they are sound. The other seasoned traders who are equally generous in imparting advice on trading and whose trading styles are suitable for individual retail traders to adopt and adapt are - just to name a few - Long and Wrong, Solfest, Trader Gav, Trader-X and FX Madness. Do read them.
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