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1045-1046 in play again, go with market Yahoo!

Weekly signals bearish on pretty much all indexes, SPX to 950 I say :)

Ka-ching +3 it is :) (hypothetically speaking that is) Bingo!!!

1 point breakout range 1046 - 1045 SPX, 3 points target at least

visual <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2623026>

Take 1 point range off the opening price in RTH, keeping targets at say x 3 stop (at least), that is just plain dumb silly easy, is it not?

But then you can use a range on a longer term chart making slippage less relevant

@Wave TY for making an imprint on my brain, priceless BREAKOUT

Ultimately, it shouldn't matter :)

Some will be able to implement this method during RTH using 1 point range from an opening price, this is the Holy Grail :)

I will join in the praise, well done! A quick spam gents, my journal that coincides with Buy1Sell2's current phase, vote away :) http://www.elitetrader.com/vb/showthread.php?s=&threadid=180936 P.S. Great stuff LC, TY! You're still THE best sponsor on ET.

Hi, This is going to be a rather short journal time wise, I will keep it open for exactly 1 month & polls will close after 7 days. It's open to rational debates only, TY! It will implement the most basic of technical methods - a breakout of a range using a Martingale strategy using after...

Just ask him politely, if he comes up with an excuse not to, then there is something to hide :) “Faith is believing in things when common sense tells you not to”

Everything in life is cycle based, human history is cycle based. A balloon always starts small & finishes with a burst. People that control wealth always come first & they will lie & put a spin until the time it stops working. Then another stage of a cycle starts when people are sent to war...

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2622311>

1. OP doesn't say that grail has to be in direction of a trend on that time frame (or did he mention it in a later post?); 2. Isn't grail also considered to be a countertrend signal?

I dunno, will it stop or will it continue? Smells more like a short squeeze to me. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2622066>

Exactly, isn't the Monthly still bearish? :)

Ok, so I misunderstood your last post. I thought you were advocating high risk :)

@Wave Low risk via multiple instruments traded=potentially high overall return 'High risk, High return' can make a fortune no doubt, but it can also lead to total wealth destruction. I prefer slowly does it :) JSSPMK Scaredy Cat Tactician <img...