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regarding your 1987 comments.....I beleive Williams refers to this as the "Jaws of death" bonds in a downtrend signify the lower jaw of a crocidile, shark..whatever.....and stocks in uptrend signify the upper jaw..........then they snap shut bringing down stock prices...will it happen this...

Hi Emini...you may have covered this but why are you using a 4 point stop each time.....? I also think you should be using some form of signal bar at your predefined levels....for entry at least.... Side note...with average weekly ranges running in the 15 - 20 point ranges it just seems...

XXXskier, I'm curious as to how you are developing your longer term MP using volume especially given that the June contract was not actively traded for much of the time period you mention... therefore volume levels would be different...Thanxxx

so today we have a POC of 1311.25 and high volume number at 1311.75 and overnight high of 1312....so I like this particular trade of your today..I think they will test the 1307 area personally .....the Va high is 1314.75 and the R1 for today is 1315.75 so that would be a good secondary sell zone...

I think if you look at where the high volume numbers where coming into Wednesdays trade and the close of Tuesday you will also find some good numbers....MP numbers are nice but they are not the "be all end all" to trading....so the more numbers we have in a zone then the more likely a reaction...

I'm looking at 1308 - 1310 to offer some resistence....and on the downside my crystal ball shows....1292 - 1295 as a possible support point....

"I took this trade because I'm paper-trading right now. If I was trading actual money I would not have taken the trade." I think you are doing yourself a disservice by taking trades that you wouldn't take with real money ..it kind of defeats the purpose and there is nothing from stopping you...

sorry for all the typos but trading and doing this is hard.....just as an example again to follow yesterday...if we take one half of the first hours range today...4 point range and subtract it from the first hour s low get you down to 1208.25 where we have the S1 for today ( actually is 1307.75)...

Well emini..I think you are missing a very important element...and that would be a "SIGNAL" all these lines us traders but on charts can be a big help but I still think you need a signal bar off the chart.....so many times we see price shoot through support or resistence ( or what we think is...

Interesting...Ive seen folks use the current days open plus the high, low and close from the previous day and divide by four but never the previous days open.....whatever works....I like the 1311 and 1317 areas......hoping for higher open to sell into but we'll see....lotsa fun

Just as a further example...today the Value area low is 1311 and the Floor trader pivot is 1311.50...so I thought this was good confluence to initiate short side....certainly isn't making me a fortune but my runners aren't stopped out.....YET...lol....trying to get to 1307.50...I only post this...

Hi Emini, Sorry about the spanking today. I just wanted to interject a few key items for you to think about from Bolters thread. I do this because you have started this thread based on ideas inspired by him. I am in no way endorsing or rejecting his ideas but there are some subtle nuances...

one thing that bothers me and messes me up is the fact that we return to the previous days close about 80% of the time...so I personally find it tough buying at poc or high volume numbers when it is above the previous days close.....the fact that they rallied it from the start yesterday and...

I have a post going here at this forum...we are trying to figure out longer term profiles when you roll to a new contract month....It seems that a high volume area for March would need to be adjusted to get an accurate reading in the June contraCT BUT HOW.....? hERE IS THE LINK...

Well I think it's a step in the right direction to be taking off with some profits...

nice trade....

I would also suggest switching to the higher volume month as Today is Rollover and you should really be trading the June contract....How does that affect the way the numbers are derived on a LONG TERM basis..? I'm curious as to how longer term high and low volume areas are "transfered" once we...

Yes Coolweb..as mentioned in another reply we can expect a trend 30 % of the time or less so I beleive that the way to go is to trade as if the other 70% of the time ( non-trend, back and fill process) will take place......

Hi Emini, Since you mentioned Bolter at the begining of this thread I thought I would throw out this idea for you. You might recall that Bolter was taking profits ( theoretically) at support and resistence points....so why don't you do the same ..instead of having a fixed amount ( although I...

interesting..I see a rally day tomorrow ..but thats what makes the markets so cool...so many different opinions...with average ranges being 8 - 12 points in the emini I think a better strategy would be to trade at least two contracts and take a 4 point profit and then swing for the fences on the...