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Even though I have known about Ken Wood and his trading room for quite some time, I have taken his trading philosophy seriously for only about a month now. You can get more information on the CCI strategy at www.e-minitraders.com. Just like any trading plan, consistent profitability comes...

Here it is! Charles

Sorry. For some reason the attachment did not make it into the post. Will have to figure out why and get back. Charles

Really enjoy your journal and the instructive dialogue. This is just another way of looking at the same trade. It is one of the trading methods taught by Ken Wood at Woodies CCI Club: http://www.woodiescciclub.com/ The method primarily uses a 14 period CCI. The CCI Turbo is a 6 period...

I'm not extremely knowledgable concerning the Mark Cook Cumulative indicator; however, I just read a recent interview where he stated that the highest reading that he ever had was in December of 1999 and the market started going south in March of 2000. He stated that in early October of this...

I like your technical analysis Walter, and agree with your interpretation. If today is not an inside trading day, it will probably be, at least, a narrow range day. In the longer view, the market may be setting itself up for a correction. I usually do not pay attention to analyst, but it is...

Generally, markets anticipate what is expected to happen in the future. After "what is expected" occurs, traders then cover their positions. Traders will buy on rumor of good news, then sell after the release of the good news. Or, traders will sell on rumor of bad news, then cover their short...

I'm no expert on money supply, but you can get more info than you probably want from the St. Louis Federal Reserve: http://research.stlouisfed.org/publications/usfd/ Definitions of M1, M2 and M3 are: The US Federal Reserve Board measures the money supply using the following measures...

Yes, there are those who make a living trading the indices. Most of those who are successful, were first successful equity traders. All trading is based on a perception of the future, no matter if the future is 5- min or 1 year. The indices can be used as a leading indicator for equities...

Review this link concerning shutdown problems with Windows XP and see if it applies to your situation: http://aumha.org/win5/kbshtdwn.php Charles

Many times this is the result of too many background programs running. I have had this problem, and the only way to eliminate it is to stop running any unnecessary background programs that may come with your machine. Dell and Gateway and other manufactures put programs like AOL subscription...

Each exchange gives the components of their indices: http://www.amex.com/ - pick the sector in the sector search window. http://www.phlx.com/products/sectors.html http://dynamic.nasdaq.com/dynamic/NonNASDAQActivityPrompt.stm Another good resource for sector descriptions is...

I think many will find this article educational: http://www.cbot.com/cbot/dow/cont_detail/0,2614,3+12318,00.html Charles

You can also use the index futures to get an idea of what some stocks will do throughout the day. It is uncanny how IBM will mirror what the S&P futures does. The other day, the S&P futures was trending down and so was IBM. Then the futures developed an intraday support level and started to...

Randy, Take a look at some previous discussions: http://www.elitetrader.com/vb/showthread.php?threadid=13163&perpage=6&pagenumber=1 Charles

The SEC is the one who compiles the short sales information in the NYSE Members Report. When they issue the info, it is about two weeks late. I think that Barrons gives a short sales report about once per week, and other financial papers give a report once per month about mid month. Don't...

http://www.moneyfactory.com/newmoney/ Charles

I believe that the emini is used to hedge. You can also get the COT report every Friday afternoon at: http://www.cftc.gov/cftc/cftchome.htm Click on "Current COT Reports". What is important is to look at the net, long minus short, and compare to historical average, and how the net changes...

I find that I will see entry and exit points in whatever chat that I use most of the time. In other words, if you train yourself to see high probability entry and exit points in 3 min charts, then 1 min charts will look confusing to you. I use 1 min charts most of the time, so I will see the...

There are advantages to trading the e-minis, or index futures. With the index futures, you do not have to worry about qualifying for trader status, which means that you do not have to dance around "Wash Sales". With the futures, any loss is a tax loss no matter how many times you traded a...