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Hey Yo, I use the settlement data from the cbot.com website for calculating daily pivots. So this would be the high, close, and low of the current dow emini contract (Dec). Honestly, I can't think of any books about specific pivot strategies. Perhaps others can recommend one...

Faked out today. All my internals were neutral and I got stopped out for -14. Tough mental day today. With the strong bullish trend in place on the higher timeframes I really hated to short this market. In hindsight, with internals reading neutral and a market that seemed to wander...

Ok, I added a column for fees that includes the total comminssions paid for all contracts traded for the week. I'll keep modifying the spreadsheet as the week progresses to try and make a more clear. Again, sincerest apologies for the error and tx for bringing it to my attention. pt

Oh crap--good catch yoavavr! The commissions are indeed incorrect. I will update the spreadsheet to reflect accurate commission fees. My sincerest apologies to all for the error. And yes, there is some slippage on the entry fills when I enter on market. However, I do a lot of entry's...

Good start to the week. I spent the weekend trying to figure out the "delayed write error..." and gave up and just rebuilt my trading desktop machine from scratch reinstalling all the hardware and operating system. I have the bare minimum of software installed to do what I do and so far the...

Week 15 results posted. Minimal trading resulting in a down week.

Hey folks, Sorry for the delays. I had some business out-of-town to take care of so I've pretty much have been just managing swing and position trade posiltions this past week. I'm back with a new computer that is setup to resume intraday trading. I'm tempted to play any attempt to...

BTW--If anyone has any extensive experience resolving Windows XP "Delayed Write Failed Errors" send me a private message. It's a nasty error that appears to be random. I ask for a pm because I don't want to clutter this thread with PC technical talk.

Hey folks, Still recovering from my PC disaster so I don't have all the other tools I use to create images of charts and such on my other PC. Week 13 ended up break-even. I was up 10 pts going into friday and got stopped out on a trade for -10. So the net result was 0 pts gained for...

Just 10 pts today :-O I was very confident with this trade, but, my stop got hit at the very low of the swing low (483). Normally, I would entertain the idea of moving my stop to break-even +1 and hold the position until price reached the next pivot. However, being we are near/at...

Ok...last post for the am--I promise :-) I did get stopped out on the 2nd contract for +10. Market looks a little deceptive to me. ie Russell and Nasdaq are not really participating at this point. Adv/Dec volume is rising, but, A/D line is a little choppy. With that said, it could be...

I went long on a bounce off of yesterday's high. +10 on 1st contract and holding the 2nd with a stop at entry +10.

Ok folks, we're off to the races this a.m. I have 13614 as a previous swing high on the daily and weekly chart. I'll be looking to buy on some sort of retracement today--assuming the A/D and vol stay bullish.

I'm back on-line again. No trades today as the market was nothing but chop suey today.

Sorry folks, I'm having computer hardware issues. My PC freezes up sporatically and I can't quite figure what the problem is. I tried using my laptop last week, but, I'm finding it more difficult to trade on that computer. I'm scrambling to reimage my file server as an interim solution. I...

No trades this am. Missed the down move through the pivot. I had an order in to short on a retracement, but, didn't happen. Oh well... Internals look neutral. We'll see what develops later on. Ciao!

9:30 Looks like the market is opening above the daily pivot. 30m, 60m, and 120m rising trendlines were broke yesterday. With the employment data coming out tomorrow, we may see choppy action. Who knows... I'll pay close attention to price action around the pivot and try to catch...

Big gap down and economic news around 10am. Today I didn't do a pivot play (sorry). Instead, I did a box play. With such a wide gap and a narrow trading range pre-news, I thought this was the better play. ie Market would either attempt to fill the gap on positive/benign news or plunge to...

Grabbed 10pts in the am. Missed the pm action. Both kids went back to school today and it was my daughter's first day of kindergarten. They grow up so fast!!! We have head-and-shoulders patterns developing on the daily charts for Nasdaq, Dow, and S&P. Monthly is still in a healthy...

I think 1% is very doable if you have the patience, discipline, and good money management practices. One potential problem I see is that your risk amount looks to be greater than your target rate. ie You lost 3% on your first trade. So it looks like you are risking at a minimum 3% to earn 1%...