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Ooops, forgot the attachment. To the OP of my response, if I failed to answer what it was you were asking, I don't understand the question as posed. Another quick point, if price moves in my direction 5-6 ticks (ES), I will then move the stop to BE +1. Note that I do get stopped out quite...

I am not sure I am following what you are asking. I use a standard three bar reversal, which "usually" identifies a swing being made in progress. Basically, what we have is three prior confirmed swings in the same direction. Current momentum and direction is then established and the set up...

Once I realize we are in chop, shown by first conflicting swing, I then trade the range until that range is broken. Those are easy money trades with close stops. Personally, I like range bound days because of the excellent risk/reward factor and the fact that once the range is broken, the...

Try a 1000 CV chart on the YM. Smoothes things right up! st

The 10k cv chart is simular in nature to a 250 tick IB data chart. My hard emergency stops for the ES placed with entry order is three points. Stop is then immediately set two ticks above/below high/low bar of swing point entered in normal market conditions. st

I've learned that 99% of the people are too willing to follow some self-proclaimed guru who either failed as a trader and now provides "guidance", designed some wiggly line on a chart and then wrote a book about it, or both. Anything other than price IMO is nothing more than voodoo. Anek is one...

How many contracts one trades is a personal decision. My belief is to never trade more contracts than your are willing to risk assuming 100% loss. If you are trading 100 contracts on $500 margin each, and your internet goes down or the computer crashes, and the market goes against you, and it...

Those can be labeled using either pesavento patterns, auto trends, or DYO. A setting between 3-5 works well on the ES. Note that any labeling of swing highs and lows are going to be delayed AND (very important) the one being formed can change. These labels are only good for looking back...

First, my accountant disagrees with you. :D Second, I am sorry to hear about your being a failure. (Actually I am not, but if it makes you feel better......) Third, I believe you are on the wrong thread. The "earth-is'flat" thread is two doors down. st

IMO, let price take you out; as long as price is making HH,HL, or vice versa, stay in the trade with stop placed slightly above the high bar of your entry swing H/L. At the next swing H/L place stop just above/below that swing and so on. The first conflicting swing is the exit. You will only get...

If I may, Anec, note tradestation does not build constant volume charts correctly. Search "constant volume charts/bars" here on ET for more information. For you tick users, also note that Globex began aggregating tick data some time ago, so you are not looking at true tick by tick data...

I have studied this in depth and your thoughts are correct. Reversing almost always ends up getting stopped out at a loss, as directional momentum is fading at that point. Best to wait until price shows you once again which way it wants to go before re-entering. st

I don't trade huge size, about 10 is my limit. I was trading the ER exclusively up until about three weeks ago, but the recent volatility within it was placing my stops too far out for my rules. One thing I might mention is to continuously compare different contracts with each other and trade...

If you should be interested, here is a marked chart of what I was looking at today. st

I will let you know at 4:00. st

I am simply amazed at the number of dumbass's always trying to predict the future. It's like watching monkeys humping a football. :D st

Why be "concerned?" If and/or when a commodity becomes less desirable to trade, move on to something else. Think like a cat that has diarrhea; always be on the lookout for for new ground to scratch on rather than worry what to do when the current hole fills up. I don't understand why there...

The swing high/low method works, and it works in all markets, as price is always oscillating, and therefore, is always trending. Of course, the earth-is-flat crowd will try and convince everyone that trend doesn't exist, so I'll thank them now for taking the other side of our trades and leave it...

No suggestions intended, just comparing the slight differences. :D Keep doing what works for you. st

I came across this thread last night and have been scanning through the posts. What you are doing is remarkably similar to my method. So much so, if I didn't know better, I'd say someone has been looking over my shoulder! Main differences are I don't use any indicators, although I did spend...