Search results

I'm on a totally different operating system with rates. Its very rare that they will have the same chart setup. It just comes from feel to know which way rates are going next, did they reject a previous level, and what is conviction behind the move.

Thats very true. I have no problem riding the trend till the close if I'm comfortably ahead at 3pm. But its important for me that the trend was established clearly before rates closed for the day. So basically I want the trend to be established before 2:45 and I would really prefer it to get...

here the dow following

Heres the rates correlation

This post is probably going to get a lot of howls, moans and maybe a few death threats. My setup I keep on posting is a real piece of shit! It means absolutely nothing to the market. The only reason I use it is because I can objectively compare volumes and use a well thought out stop...

Thanks for your opinion. Although, I would like to point out the US dollar index is a poor index for European currencies that don't use the EMU. The dollar index has to much JPY, AUD, CAD in it. These currencies don't mean to much to the CZK and SKK.

chart of dji

chart of bxd

chart of rut

chart of bxr

chart of ndx

Dear Options Coach, I appreicate your contribution to my journal, I hope you will contribute to my journal in the future. Its my take that you are quite skilled in the area of options. I don't use options but I like a lot of the products that CBOE puts out. I've got a serious question to ask...

A lot changes in the currency market in 24 hours. I feel much more comfortable when I look on this chart today.

In my future posts I will attach Mountain charts instead of candles. I had a few a people struggle with why and how I'm drawing the lines. I guess its only easy for me because I've been using this approach for years. By using the mt. chart I think it would improve the accuracy rate of the...

Here's an easier way. Use a mountain chart. A lot of people don't like these and they all rave on and on about candlesticks. I personally like them (Mt. charts) they offer a good visual of support and resistance that sometimes can go unnoticed on bars and candles.

This brings up a very interesting paradox. If the cash would have just hit the line at 2:07 p.m. Would there have been the sell off I was looking for. Its possible. As soon as 3pm (21:00 C.E.T.) hits I think alot of market participants especially here in europe close their books. Hence, the...

This is why I don't trade indexes after rates close. The market gets pushed around to easily and doesn't do what it I ever clock it to do.

The lines are very simple. You just connect the shadows if they are not excessive. If they are excessive than use the bodies I was looking to take the short side and hold until the rates market closed. And if I was nicely ahead I would of stuck with it even past 3pm to hit the 30 pt objective.

Its true that in the big picture its probably better to give the cash a more flexible range (3-4) points. But, I'm real stickler about this. For me its very important to enter on limit after the cash tests. the future tends to overshoot increasing my chances of a satisfactory fill on limit. Its...

heres the cash chart