I was in Capri back in 1978. Our hotel room cost only $5 a night and we had to share the bathroom (we were students) but the scenary was beautiful and I still dream of the pizzas.
You can get B% charts at www.stockcharts.com. Also check out www.investorsintelligence.com who invented the B% charts. They also have RS charts for stocks and their sectors.
HG,
Although you didn't trade today, it would be good to see how you would have traded and to know the rationale and logic behind your entry points, targets and stops.
HG,
It would be very helpful if you could attach today's chart for ES (.75x3) and show us which trades you would have taken with your entry points, targets and stops using the P&F signals discussed here.
HG, I am having difficulty matching some of the trades with actual signals on the chart. for example I don't see a sell signal at 1809.25 or a buy at 1802. Can you explain some of the trades that don't correspond to signals on the chart? I assume different box values were used for your trades.
Got it. Thanks. I was a little confused because in the synopsis you said (below quote) you take the "average" of two signals (.5 and .75) for entry.
"What I do is take the smallest chart and next to the smallest chart and average the two. I place my order at that spot."
HG, I have a quick question about the sync trade. You said all three charts should be about to show the same signal. Do you wait for a signal from all three or do you take the trade with only 2 signals? In your example it looks as if you take the trade without the third signal.
HG, There is one topic that I think deserves more discussion. What "expectancy" ( as per Van Tharpâs book âTrade Your Way to Financial Freedom") can one expect from this trading methodology? What is your target and/or historical risk/reward ratio? Do you subscribe to a predefined formula...