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  1. Mo06

    Simple Profitable Method

    Huh ?
  2. Mo06

    Simple Profitable Method

    "If any day will be trending next week it will be Wednesday with nonfarm payrolls coming out and a bunch of other figures, all before the market opens. Tuesday most probably will be choppy." Payrolls are normally Friday. any reason for early release ?
  3. Mo06

    Simple Profitable Method

    I must be a bit thick as I can't see entries and exits marked on those charts.
  4. Mo06

    Simple Profitable Method

    Sam, do you trade other markets with this strategy, for example Dow/S&P/FTSE/Dax ? I can't imagine the RUT is the most heavily traded contract. I have never followed it, am doing some work on the FTSE & Eurostoxx50, since US hours don't really suit me (It's 10pm here by the time the US...
  5. Mo06

    Simple Profitable Method

    Thanks for the very prompt reply Sam. 8 trades per week ? That's a pretty low number, I suppose that's because you are waiting for confirmation fron the longer timeframes before entering a trade ? I know that my weakness is overtrading, I end up doing 15 - 20 trades per day, but the...
  6. Mo06

    Simple Profitable Method

    Sam, can I ask a few questions ? On average, how many trades are you doing per day ? What is your profit to loss ratio ? What is your overall % win rate ? Are you trading off the 2, 5, 10 or 15 min chart signals ? Thanks in advance.
  7. Mo06

    Simple Profitable Method

    "I've been trading the basic principles in T28's method (with money) for 5 weeks now. Results are very satisfactory, averaging just under 30 points per week." Which market have you been trading ? Thanks in advance.
  8. Mo06

    "Market Map" - anybody using it ?

    Notice Tom has made this a subs only service. http://www.themarketmap.com/index.htm
  9. Mo06

    Couple of systems featured in 'Traders' Magazine..

    Been reading the current (Dec 2006) edition, specifically the article on page 38 'The Importance of Time'. It describes a couple of systems, the one I was interested in was the 'EU follows US' system, based on trading the ESTX50 futures. The stats I get from this are as follows: Trades...
  10. Mo06

    "Market Map" - anybody using it ?

    Hi, Tom H used to write some decent TA on the main indices, however, I think the 'Market Map' is pretty well useless, had a look on many days and seems to be little correlation between the map and the trading day. Maybe somebody is using it profitably, but if he REALLY could predict the...
  11. Mo06

    Specific Formation definitions?!?

    "Does anyone use any specific numbers, and if so, how did you determine those? I'm personally trading US Treasuries, Eurex Bunds, Stoxx and Dax using 60 min charts. Any info on those specific markets is great, but any info on any maket is good too, so I can pick some brains about methodology."...
  12. Mo06

    Technically Trading Fundamental Info

    Well, when short term trading, eg. intraday futures, events such as the Friday Non farm payrolls can have a big impact on the markets (and on ones position, if there is one). So, for short term trading, yes. Longer term, not such an issue, although markets can make important lows/highs on...
  13. Mo06

    Simple Profitable Method

    Buy signal (zero line cross) on the 3 min FTSE ftrs there.
  14. Mo06

    Simple Profitable Method

    Sell siganl yesterday before the close, no buy signal yet.
  15. Mo06

    Simple Profitable Method

    Been doing some playing with the charts, finding that the 3 min chart on the FTSE ftrs gives some nice signals. Eurostoxx50 too but fewer signals. Anyone trade either of these contracts using MACD ? I wont post any charts as they will only provoke abuse... Mo
  16. Mo06

    IBCharts

    Hi, I downloaded the Beta version the other night, nice and quick but a little unstable, it hangs when I enter new futures contracts, seems to default to US settings. Pity. Mo
  17. Mo06

    Simple Profitable Method

    I think the Americans tend to take lunch pretty early. 1300 till 1400 (1500 in France, maybe 1600 if the wine is particularly good) is more usual in Old Europe.
  18. Mo06

    Simple Profitable Method

    Was the link to the trading video removed from this thread over the weekend ?
  19. Mo06

    Simple Profitable Method

    Regarding taking partial profits, I remember Mark Douglas talking about always trading in threes - take a third off after a specific target, say 8 points, the next third after 12 points, and let the final third run with a b/e stop. sometimes it will be stopped out, but now & then it capture the...
  20. Mo06

    Simple Profitable Method

    "I dont know why it is so hard to stay with a friggin winner. The signal was there, my entry was great but I bailed for 23 points even though the price never closed below the 3sma and still hasnt. It is so hard to reenter after it has move signiificantly and that is why it is so important to...
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