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Thanks, I have been looking at the Tick charts, I'll do some studying on it. Do you use mainly Tick or do you also use candles?

This second one is very plain to see. I like that. Do you know how to get this on e-signal. I would like to look at it a little more.

That is what I thought you were talking about. And yes that would provide a safe escape or another chance to let the trade work in your favor.

I got ya now. And you are correct this is a good way to do it as long as we don't go into a complete reversal and never see 9.5 again that day. Then you use a pre-determined stop. Is that what you mean? Sitting and hoping is what cost the most to any trader.

Pretty cool isn't it. You can look at your charts from Friday and see that when it hit my entry the candles really took off. I won't say I had anything to do with it. I just saw that as a point that it would take off.

Can this be done quickly while you are in a trade or can you plan this ahead of time. Unfortunatly this is something I don't know about.

Side Note To All, I am looking forward to having all you guys participate in this thread. Jimmy, Saico, Dominck, Sandygray. Everyone that has a good attitude and something to offer we need in here. Lets all make this a really decent thread. And as for other people knowing what I do and what...

These will be my exact entries. Which ever one comes first, long or short. Will be my trade for the day, provided I get my 2 points. Remember what I said earlier though. If it goes through and gets up to 1.5 points in the money then starts reversing get out and take the money. You can always re...

Jimmy, Thanks for the nice words about the thread. That is what I am hoping to make this thread into. I have a few friends that mainly are just lurking in here and I hope they can see that people are willing to help and ask nothing in return. I do agree with you on looking at the previous...

I guess it is just that I am so used to cnadles that they make sense to me. Try looking at fridays candlestick chart and you will probably see it a little better. Maybe I need to start posting that instead if you think it will help. Now, sometimes like last week I had to keep using lows going...

Saico, The bar chart looks a little more clear to me than the line chart does. But the candlestick looks better than the bar chart. I guess it all depends on what you are used to though. On the line chart it looks like both of my entries are early whereas on the candle it looks like I left a...

Saico, Could you try to mark that chart with the entries and exits I listed for tomorrow. I have been looking at the chart and they still seem pretty valid. You just can't see the chop in the middle. Thanks, 4re

Saico, Yes I can see where I think the S/R on the line chart but I like to count the wicks and tails on the candles. It is helpful for me to see a healthy pullback. Have you compared your chart with the numbers I posted for tomorrow. If so what did you come up with? Just curious? 4re

I use different times depending on the day or days prior. I like to use the 30 minute chart. Options Xpress charts don't have the whole 24 hr market on them so if I use a 30 minute chart I usually get several days on it to look at. I have just noticed that looking out over a longer period looks...

K-Rock, Here is a little method using Bollinger Bands that I have been working on for about a month now. 1. Use a 3 or 5 minute chart, make sure you are not in a choppy period. 2. If you have a candle that pops outside the BB and then pulls back to the inside of the bands that is a good...

My calls for tomorrow 5-22 Long @ 1272.25 Short @ 1268.50 We have had a lot of chop in between these 2 areas the last few days. I would not trade in the chop areas. Good Luck, 4re

Lamont, I do like that book. One of my favorite books is the Disciplened Trader by Mark Douglas. I have read it probably 6 times. Chapter 15 and 16 I read everytime I need a boost. I also like Dr Alexander Elder's writings. It seems that everytime I re read one of these books I feel like I have...

Jimmy, When I was planning my new strategy I did it with an understanding that I would use more contracts and less trades. I noticed that the first trade I placed was usually my highest percentage trade. So instead of trading small contracts I started going higher and if/when that trade works...