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histo on 2 minute chart performs 3 dips raising leading into narrow pennant's range & 1 minute histo provides last link to where price expected to shift. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1639175>

Topsurfi, I have a question for you, considering that they are indeed one, it's just different markets, but essentially they trade all markets. When they are tightly correlated THEN DAX drops like stone in morning session, like last February. So my question is this - do you know whether it is...

I liked your post very much! I am back on 1 minute chart, bias put aside, taking all good signals, no matter long or short. pennant now, histo should show where it's heading

Went long based on 2 min chart's histo, since I am the one propagading trade what you see :)

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1639142>

You are on mate :) I was stopped out for 3rd time now, managed to scale out on 2nd attempt though.

Anything is possible, I am hoping they are trying to take it up to bring it down, so far brisk short upside, good sign of substantial downside especially on lowered histogram formations. 4th lower on 1 min now

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1639090>

Shorting near peaks small stops

I think this is it people, FDAX started on its gradual decline pre-market, classic p/a for a trend day.

Personally, I regret seeing you go, quality poster :(

When? Tomorrow :)

FDAX's MACD lower lower, now we have a bearish hammer on 240, get ya shorts on :) <img src=http://elitetrader.com/vb/attachment.php?s=&postid=1638726>

Got your shorts on, kaput round the corner :) <img src=http://elitetrader.com/vb/attachment.php?s=&postid=1638726>

No, I didn't do any late afternoon trading, but tomorrow I sense a sell-off :)

But it's been going up all morning, no? You know I don't even see 60 minute chart as divergence, looks the part lowering histogram, but price seems to negate the indicator by making a retracement right back and sharpish upside to follow. So I am just as confused as you are right now, though 5-10...

ImO you have to trust price action more than your bias. I looked at 4 hour FDAX yesterday with a bearish bias, but there was no selling this morning, hence bias has to go on hold and right now ImO p/a is pre-bullish, that's just my opinion :)

Bur isn't that like shorting a stock based on fundamental issues, there can be a hell of a drawdown unless you 'trade what you see' at that point in time :)

ImO at the moment there is a more of a bullish stance, especially so on 10 minute chart's histogram.

Good post Jim, I think some of us use similar reasoning, I definetly use 1,3,4 but not so much on point 2. I still believe that he benefits greatly from multispreading risk via other future markets, reducing overall position size per 1 future market & using larger stops than can be 'accepted by...