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Actually I just trade it every day, but maybe you have a good point. Can you explain how you know a day will be an "inside" day before the open?

Thank all of you that were thoughtful enough to say "thanks". I think (hope) that most traders understand that every methodology will not be suited to everyone's emotional make-up and lifestyle. Part of being successful is finding a trading strategy that is in sync with YOU. I hope it...

I pretty much only trade the ES. What ever market you want to look at, make sure the 3-10-16 is accuratley flowing along with the description I have posted before: Visually, here is what I am looking at and what the strategy decscribes with the indicators. 1) First Cross: This is the 16...

I would be reluctant to day trade the ES using minute bars and the first cross. The 1000 tick bars are working very clearly for me. As you'll see in a previous post, the first cross is describing a particular price action. Before you use the first cross, make sure that it is describing the...

Thanks... It's been frustrating this afternoon. No follow through. Always trade with caution the last hour, Tues-Fri of options expiration week. I would urge you to keep a log of your trades including time of entry, max favorable excursion and max adverse excursion. As the range has...

Good catch and enjoy your day!

I use the 1000 tick chart on the ES at this time. If volume were to slow down, I would probably look at a lower tick reading (ie: 500 ticks). One of my previous posts tried to explain what I want the 3/10/16 oscillator to capture. Visually, here is what I am looking at and what the strategy...

These last two weeks have been very steady and profitable using the First Cross signals as outlined on the OP. I hope many of you have been encouraged that there is a simple way to trade the ES. Obviously two weeks is a small sample, but the idea was to get some who were struggling, moving in...

Yep, she's a good honest person in this business who has passsed along some simple ways to look at the markets. Once you feel comfortable with the first cross, you will see her "anti" trade very clearly (some call it a zero line reject). The "anti" (for me) is simply: 1) only trading in...

Thanks Steve...this is golden. I love the analogy that Dick Arms told her. To paraphrase: "Give someone 1 watch and they can tell you what time it is. Give someone 2 or 3 watches and they're not sure what time it is" :)

Nice Steve.....and thanks for sharing that information. I'm actually on PST, but I set the computer to EST. Here's the picture......

Nice sell signal around 911 at 10:00am this morning. Perfect scenario to let some ride down, as the Nas is very weak. Will take off the remaining in the 901-902 area. 900.50 is the PP and 901.75 is the 50% retracement of the days range.

Great job! I have only traded this pattern once today. I took a long during the 9:48 bar, but wound up scratching it (loss 2 ticks) when there was no momentum for the next few bars. I did not take any signals during that 10:00a-10:30a time frame, as Bernanke was speaking. There is no need to...

I'm glad it has been of help. Your comments about reviewing price action after the close is "on point". The fun part of trading, beside the independence and money, is that I am always obseving and learning about what the market behavior is "at this time" and the best way to get into sync with...

Please don't mistake this for a system. It is not. If you don't see a way to make money from it, then please do not use it. It's okay.

Someone already coded it for you about a year or so ago, on the ninja trader forums. link: http://is.gd/wFQe

Taking signals just before the 10 am release can add some volatility to your results. Notice how the tick volume exploded over the 2-3 minutes within the release of the numbers. I think there were 3 1000 tick bars in one minute. If you use trailers, they caught 6 points pretty easily before...

I've received a few PM's asking if I use the same indicators to find different set-ups? Yes, I'll mention those later. This is the simplest, it works for me, and I don't want to muddy the waters with multiple set-ups, for now. You would be welcome to post any nuances, that you see, that...

Here's why this strategy is a good foundation, for me, to trading the ES. We all know that markets move in a stair step looking sequence (impulse-correction-impulse). They rarely just move in one direction without a pull-back. This is especially true at the beginning of a momentum move or...

First off...this is NOT a system. It is just a simple strategy that I adapted to the 1000 tick ES chart that should help a trader who is struggling to see the ES movements a little clearer (see next post). More on LBR is here. http://www.lbrgroup.com/index.asp I have no affiliation with...