Recent content by jstormbo

I thought I'd open this as an open discussion towards understanding any applying adx/dmi to intraday futures trading. I've used adx/dmi on and off for about a year now and to be honest never really felt like it was of much value, seemed to me to be a really late indicator. That's probably...

I've looked at adx/dmi off and on for a while but never really put too much weight on the indicator, especially adx but you're right at least the thread has caused me to take a closer look. That's why I'm looking closer at divergences but to be honest I've never been able to make those work...

db.. I think you had mentioned somewhere earlier in the thread the concept of dmi/price divergence. Could you elaborate on that or preferably post an example? I've never used dmi like that but am interested.

hallaluhah.. 41 pages of babble about one persons charts setup. If we can only figure this out we'll all become profitable.

ditto longshots' comment. I'd certainly join a chat if there's interest in putting one together to elaborate on the evolution of our trading plans. I know I've certainly picked up some ideas from the thread that have made their way into my trading process.

granted but these days there seems to always be a dark cloud somewhere over the horizon. I find that I have to stick with my rules and the Blix report wasn't a show stopper in my mind. I took a break above the opening high at 11.75 with reduced size as I do on all gap trades which for me is 3...

sorry I just noticed that you had replied to this thread. I thought it was dead. I've been sorta focused on tuff trading lately and hadn't paid too much attention to this but would like to get back to it.

what a day to fade the gap :)

very appropriate for this morning. I was just thinking the way the day is shaping up it's probably better to find something else to do today. I've really been seriously considering trading mornings only, it seems most of my good days come from good morning entries that either run all day or take...

3 points has been working pretty well for me for the initial stop generally but I may vary that depending my analysis of where critical resistance may be. Since the re entry was also at 21.5 I stuck with the original stop. I've got my stop on this last lot at 19 just above that last swing. I'm...

es gave me a fair play this morning. set the b/o range at 22.5 after stopping there at 9:48 and 9:57. Then took the short b/o at 21.5 at 10:00am. Covered 1/3 for 3 within about 10 minutes and then resold it on the retracement at ~10:39. I covered 2/3 at target of 16 and then am holding one for...

that's about what I did. trading es the times are different by a couple of minutes but I got short about the same time as you. I did some work over the weekend with some ideas on various retracement methods to manage entries on these type of days. Don't have anything concrete enough yet to...

did you play this morning as a fade? I didn't get a setup to short up at the highs but did get in a bit lower after some confirmation for a nice move. still short here but i've taken a nice partial and my stop is in the green.

I think it's the same for me, my trading has a great deal of discretionary component to it. Besides I guess manually scrolling thru charts gives you lots of practical experience you wouldn't get by running a script. I remember when I first started trading and had a subscription to daily charts...