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Do you do breakouts at all? I took the break over yesterdays high. My target is 1499.75 edit: stopped out at 97.75. Came within a tick of hitting my target.

I had two trade for +3 points today. It always embarrases me when the market makes a big move up as I seldom make much. I have always done much better with the shorts as I have more confidence in what Im doing. Not sure what the cure is.

Anec I've brushed off fibs in the past but Ive been looking at it since you brought it up and it does look like a pretty sound method of entry. Can you tell me what kind of stop you use for those times when price blows right through your limit order. When price is moving fast when it gets...

Since things are slow thought Id give my 2 cents on this subject. While I like the way volume charts smooth out price action I feel that watching volume compared to price gives you more information. The attached chart show ES around noon yesterday. Price had just poked above the morning high and...

Determining the swings is the least subjective aspect imo. Subjectivity comes in on the entries and exits which cannot be helped because they are always a compromise.

Lol. Ain't that the truth!

I havent met a good trader yet that was a negative personality. How can you be sour if your making money?

Basically I was just asking if the present volatility had changed your normal pattern of trading. Thanks for the detailed explanation of your method. I will look it over this afternoon.

What about in the present conditions? Kind of hairy when that swing hi/lo is 4-6 points away from your normal entry points. Of course the reward is proportionately greater but it takes some getting used to.:)

Heres my chart for the two trades. Enter on break of trendline, target lod.

Two shorts so far this morning. First one stopped b/e. Second hit target.

I did the trial on Market Delta awhile back but could not see any real advantage to it that is above and beyond what you see on DOM but I know a couple of people who seem to like it. Sometimes I think it is counterproductive to look at too much. If you have traded for awhile and absorbed losses...

I think you will like ES. I find the stops more reliable than YM. This thread has made me take a look at heikin-ashi charts as staying with a move is one of my weaknesses. Do you simply exit when you get a change of color?

Wow. Pretty broad generalizations. Obviously youve had some bad experiences in the past. I completely disagree with your comments but I'm sure it will do nothing to change your opinion. Live and let live is my motto.:)

I have been contemplating starting a journal for a couple of weeks now called "Old Fashioned Trading" or something similiar and then I ran across this thread and see that you have already done it. Our trading approaches are almost identical except that I am still using time bars. Pullbacks in a...

All of my entries come shortly after a trendline break. Ive never found anything better.

I guess Im a bit thickheaded. Would you mind pointing out where. Attached is a screen shot.

Opened the link and got the login but since i didnt have a password it wouldnt let me in. I dont think Im missing much though. Did you pick a day close to a holiday on purpose?

You might read Yoder's book, Mastering Futures Trading. Nice solid approach to trading using simple patterns that are always there in any market. I was a bit dissappointed in the book as it is subtitled "advanced strategies" and I found nothing new in it, but I think it is a good introduction to...

Personally I disagree with the above. I have traded both and find that my ES stops get taken out far less than YM stops. It is much harder to take out resistence and support in ES. It is true that you save a bit on the spread with YM but, imo, it does not overcome the advantage of the power of...