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Scalped that SPY pullback to 3sma+1, which is possibly anticipating a MACD cross up while above zero line. I have the same trade on in IWM but with a wider stop and profit target. Seems another bear market rally, on light volume and on friday. If I could learn to think less with SPM I would...

Check out IWM basing right on the 3SMA after the crosses and what not. Was a nice buy right in that around 52.87 . Also it stayed put there while SPY was back and filling showing relative weakness. So far I keep missing these larger moves. Usually by the time I am done watching price chop...

Yeah I am seeing that. THis is where we are dealing with a price action revelatory thing and not a raw trading system. So far in general this seems to be the next trading item in my set of activities.

So the weak sell with 2min MACD turndown at 11.45a was good. At the moment I am not taking those. One thing about that weak sell is off of some larger time frame resistance they can open up to be the first move in a larger reversal. Now here comes ZLC possible....I am slow like granny...

I got +.10 on T. I tracked T as it moved towards it's fair value. Missed a longer trade on that. I will start trying to follow this, maybe I can exit most for the scalp I get, then try to hold for a larger move with a stop. Like in T a stop above 28 and hold for 27.20 area. I post my results...

As someone also in new territory with scalping futs, one thing I am doing is a mental checklist. Like at the moment 12.06pm est the 10min is above zero line and 10min MACD is green. On the 2min above zero line and MACD red. So I am waiting for a strong buy where MACD crosses above while above...

MACD cross below zero line. I saw this at 11.16am or so. At that point there was a spike down on the 2min, usually (especially during slow choppy times, lunch) if I sell fast I am selling the low of a spike bar down only to have it move right against me. So I waited for the price to move back...

TV's screen must look something like this.

3SMA pivot possible. Also 10min MACD cross while above zero line forming here.

That is an interesting point.

got that cold blooded zero line cross. This one had to dive on. After chaos zone good for a clear pop. Cycle of chop to move again.

Just now a surge up off of 3sma at about 1.45p. This might be rentry but fed number at 2.15p so I am chilling for better or worse. This sort of rentry yesterday afternoon was golden but yesterday was market conditions different then now.

Got that MACD cross up above Zero line. Had a small loss with the zero line cross down that then dissapeared. I exited into the spike up after I had a TICK extreme reading. Can see on this that once you are getting the MACD signal you could bid that 3SMA price as noted by others. Here it got you...

Here is what NinjaTrader is giving me so far today. I use this to confirm the raw signals. With NT it waits for the bar close and I use a 10min exit and % .8 stop and exit. Again this one doesn't back test well while the super picky one does. Anyway... <img...

I've seen this a lot, where a period of chop finally relieves it's self in a large move. Often if there is chop during the early am, it will happen during lunch, or if chop during lunch will happen around 2pm. As far as timing this, just think about how after a period of driving yourself crazy...

I'm like grandma in the slow lane lol. Give me a couple more days only day 4 here, never much of a futures trader.

That was 93.78 on that. Would've had to hold do or die with wider stop. On that I use a %1.6 stop and price target, but it has a time based exit which exited at 94.01. I am backtesting longer times, I think this picky system is almost like longer term trade that starts off the 2min.

Yeah it is a 3 period SMA +1. After that bad exit on the short I decided I better be more careful about bailing. The second long I think was a ZLC that then turned back down. I think the long at about 11.23a on another day or time of day can get more out of. Same with the other 2 longs. Here...

I think here the 10min chart you mentioned is good. Can see overall the uptrend that started yesterday aft, but on 10min it MACD'd down while still above zero line. So now, plus fed day, can see best to take faster exits. Perhaps after the news is out and if the 10min gives a MACD cross while...

Ok. It took me a while to get on the right side of this. I am not very good at this. Anyway, .20 in SPY is about 2 points ES I believe. One mistake I do is get in at the worst spike point, only to see better prices later on. So what I did after the first two trades is use the 3SMA as a point I...