Recent content by JDRower

  1. J

    Pete's Place

    Pete I'm sure everyone wishes you well but it looks like you've got all the classic symptoms of Paralysis of Analysis. You're straying too far afield. You'll get back to price action eventually, I just hope you don't run out of money first. Best regards, JD
  2. J

    Pete's Place

    Pete Do you use the same size chart for exits that you do for that trade entry? JD
  3. J

    Pete's Place

    Pete Do you make decisions based on perceived trend? If so, what do you use and what standard size/length chart do you use? JD
  4. J

    Pete's Place

    With all due respect to Igor's links, I've got a couple of problems with them. First, I believe they are premature to Peter's ongoing inexorable quest towards profitability. Peter needs to be profitable before getting into heavy-duty money management. I can't speak for anyone else but I...
  5. J

    Pete's Place

    Peter I confess I don't drop by unless I get an email there's been activity & there've been a dearth of emails lately. I can't find the definition of "GRPT" or "Green Hammer". Thanks JD
  6. J

    Pete's Place

    Peter On your more recent 100 tick chart, it looked (in hindsight) that the obv divergence was a good signal. Do you not trade with divergences? JD
  7. J

    Camarilla Equation - Is it valid?

    Just tried to post a chart of today's trades but was told that the SnagIt chart was too big. Would someone who knows how "to look under the hood" be able to tell me how to reduce the chart size? Thanks JD
  8. J

    Camarilla Equation - Is it valid?

    If a picture can express itself better than I can do hunting and pecking, I would send one but SnagIt makes bmp files which ET doesn't allow. Best wishes, JD
  9. J

    Camarilla Equation - Is it valid?

    Please excuse my inarticulateness. Despite having a good feel for the direction allows me to still take trades both ways but not to expect much more than 2-2.5 points countertrend. Today was a good example. The first hour (beside the failure to close the gap between the opening and...
  10. J

    Camarilla Equation - Is it valid?

    I used to like them but now find they are a distraction. What seems to help grok the whole picture is a line showing, yesterdays close another for yesterday's high and yesterday's low. Just the Pivot, not R1,S1, M1, M-1 or the rest. They provide hindsight, IMO. Then I have the average...
  11. J

    Market Timing Signals

    Hello On the ES I've found that I can understand market direction (and reversals) better for the first hour and a half by consulting 1-minute charts and then a 2-minute chart for the next 4.5 hours followed by the 3-minute to finish out the day. Do others use similar time considerations...
  12. J

    2 Bar Charlie Day Trade System ("LIVE DEMO")

    BACKTEST! ACT WITH DUE DILIGENCE! Look at the last week and see if you could have had good entries with T's system. Look for the best results by testing different exits. There are scads of them. If you want to be cautious, use a 2.5 points Target on the ES. See how often you would...
  13. J

    2 Bar Charlie Day Trade System ("LIVE DEMO")

    I believe T would prefer that those "who got it" will track his system and if they have the time after decanting, can post their winning trades. I might suggest to T that rather than have a separate 60-minute window with the EMA to determine trend, that he incorporate a corresponding EMA on...
  14. J

    2 Bar Charlie Day Trade System ("LIVE DEMO")

    T-Rex I missed the live demo today. Wasn't aware of it until I stumbled on it an hour ago. Maybe my biorhytms are good today but I got the system right away. Most of my time reading the now 19-pages was, lamentably including various individuals to my Ignore List. I use a similar system in...
  15. J

    2 Bar Charlie Day Trade System ("LIVE DEMO")

    I disagree with Maggandre regarding the need for T-Rex to include exit rules for the 2-bar Chas in which Maggandre states: ". . . and exits are much more important than entries. " I consider entries far more important than exit rules. There are so many exit rules, pattern reversals...
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