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SportMatt, If you prefer fading trades, you may want to look at TICK fades. This sometimes occurs when the TICK trades at or above +1000 or -1000. This works best when the market is near some support or resistance point such as yesterday's high or low or near the boundary of a...

The attached chart is a 5 minute chart. I have the $TRIN blackened out so that only the moving averages show. Both averages are simple moving averages of the 5 minute $TRIN. The white line is the 20 period simple moving average. The other line is the 8 period simple moving average. When the 8...

Kowboy, I agree. I look at the TREND of the $TRIN rather than its absolute value. It is one of the ways to get a feel for the bias of the intraday market. You can apply moving averages to the $TRIN to help determine its trend. When trending up, look for shorting opportunities, and look...

Also Check out the Education Sections at the web sites of the Exchanges. I think that CBOT probably has the best variety of articles on trading strategies: http://www.cbot.com/cbot/pub/page/0,3181,1070,00.html Charles

No one is going to give exactly a one cent quote for each commodity. However, you can find info such as contract size, the units that the price is quoted , and the minimum value of a tick fluctuation. You should be able to do the simple math to get the one cent value. Goggle: commodities...

The people at CBOT are happy. It will be interesting to see how long this enthusiasm lasts. Charles

Always an intriguing subject. If you use stops, the placement of those stops depends on many things that only each individual trader can answer for themselves. However, it is good to know what the markets have to offer or what risks it presents in various timeframes. I calculated the ATR's...

PitBull, I gave up trading the first 30 Minutes several years ago. Many people claim to do well in this time period, but I never did. I look for the three part wave setups (Swing Wave - Retest - Impulse Wave) after 1000 ET. In addition to the Moving Averages of the TICK, I also have a...

PitBull, I have had similar problems trying to use the TICK indicator. Lately, I have used the 50 and 200 exponential moving average of the TICK close on the 1 min chart for the ES contract to help determine long or short bias in the underlying market. I also use ADX of the ES price chart...

tnc$ddc, Here is my 2 cents for the Index Futures market: 1. Start compiling and computing your own statistical data. 2. Create a spreadsheet and compile the open, close, low and high data. Some people use the overnight Globex data, but I prefer the 0930 to 1615 ET time frame since the...

You can get delayed quotes at Futuresource (SPH06): http://www.futuresource.com/charts/charts.jsp?s=SPH06&o=&a=D&z=610x300&d=medium&b=bar&st= Charles

On the first day of my Abnormal Psychology class many years ago, the professor asked "Can anyone describe NORMAL?". Of course, no one could. I do not know if CONTROL is the right word. We definitely must learn to take responsibility for our decisions. We can decide to drink - smoke or not...

Issue 1: Have I ever played the lottery or started trading the markets wanting to make those big bucks quickly and with little effort? Has this line of thinking led to poor decisions? YEP! I has taken a lot of time, experience, many poor decisions and personal evaluation to realize that success...

I do count waves, but primarily the 3 Price Pulse Waves as coined by Tony Plummer (Initial swing wave - retest - continuation or impulse wave). It is interesting the way you have subdivided the larger waves into a 22 point count. Charles

I guess people are being faked-out. I saw on another forum a person asking for a confirmation indicator of another indicator. I'm afraid that the only confirmation signal that I know of is the price action itself. I Googled BSFI and got Beaty Salon Furniture, Inc. That's not the type of...

Something to consider next time. I keep track of the NYSE Up Volume/ Down Volume Spread Ratio (see attached chart). Whenever this Ratio is above its 1 Standard Deviation Band (currently 2.71), the market typically closes in the top 25% of its daily range. Yesterday, it closed a little lower...

I got the posted chart at Yahoo Finance. You can find others through Google Search, "Nikkei 225, delayed Charts". Charles

The Nikkie 225 shot up past 15000 last night. Brought the Ym and ES overnight futures with it to the upside. Charles

Just thought that I would post a daily chart. I use these to make myself aware that the market may be reacting to a previous pivot point, and to develop a feel for the daily up and down rhythm of the market. Happy trading, Charles

How about this: http://stockcharts.com/h-sc/ui Charles