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Didnt it go down by 2.5 before reaching the target? Saico

I only took the long, 4re. Followed your approach. The first try for the short should have been stopped out and the second try worked nicely. Here are my levels for tommorrow. Comments as always much appreciated. Still a newbie here.

Watching that thread regulary for several months now. Althought I'm a futures trader I find that approach very interesting. I'm sorry to see you taking that big loss, Chiguy. But I'm also sure you'll make it back on track. Saico

So you're going to pass the short?

I was just watching yesterday, 4re. Glad it worked out nicely today. Good job, 4re! Saico

In premarket, had to take a little heat. Out +2.0.

Ok, thanks 4re. So my revised numbers are: Long: 1266.75 Short: 1257.00 Looking forward to see your levels. Saico

Here is my suggestion, 4re.

No 4re, much clearer. That definitely helped, thanks! I'm going to figure out the levels for tommorrow and will see they match yours.

Just cant figure out the way how you determine which are the ones you're going to trade.

Thanks for making this clear, 4re. So do you share your levels with your brother, or does he determine his own levels. I'm asking because it seems your method has many small nuances which cant simply be copied by other traders. Saico

Did not open the market below that level?

Btw 4re, the numbers you provided for tommorrow, are these the exact entries, or will you allow .5, .75 additional wiggle room to that ones? Thanks!

Well 4re, I dont know what you usually take into consideration to determine your levels. Whatever it is, it seems to work in an acceptable way for you. Unfortunately I'm still unable to see the way how you get to your s/r levels. According to your statements it looks like you need the...

Here the candle chart.

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Another thing I noticed, you might be using a line chart as well for determing s/r levels. I think sometimes that makes things more visible. Saico

4re, how many days do you look back to find important s/r levels? Or do you use the last trading day exclusively? Saico